Dividend Account definition

Dividend Account. The trust account or accounts created and maintained by the Servicer pursuant to Section 3.30 which shall be entitled "Dividend Account, Chase Manhattan Mortgage Corporation as servicer for Wxxxx Fargo Bank Minnesota, National Association, as Trustee, in trust for the registered holder of the First Franklin Mortgage Loan Trust 2003-FF4 Dividend Account Certificate" and which must be an Eligible Account.

Dividend Account means an interest-bearing account:

Dividend Account means the sub-account that is maintained for the purpose of receiving and holding cash dividends paid by the Plan Sponsor on Employer Securities held by the Plan until distributed or invested in Employer Securities. Upon investment in Employer Securities, the Dividend Account shall be deemed a part of and treated in the same manner as the Employer Securities Account for all Plan purposes, including diversification under Section 6.6, but excepting vesting under Section 11.1.

Examples of Dividend Account in a sentence

• Members are requested to note that, dividends if not encashed for a consecutive period of 7 years from the date of transfer to Unpaid Dividend Account of the Company, are liable to be transferred to the Investor Education and Protection Fund (“IEPF”).

• Members are requested to note that the dividend remaining unclaimed for a continuous period of seven years from the date of transfer to the Company’s Unpaid Dividend Account shall be transferred to the Investor Education and Protection Fund (IEPF).

• Members are requested to note that, dividends if not encashed for a consecutive period of 7 years from the date of transfer to Unpaid Dividend Account of the Company, are liable to be transferred to the Investor Education and Protection Fund (IEPF).

• Members are requested to note that dividends that are not claimed within seven years from the date of transfer to the Company’s Unpaid Dividend Account, will, as per Section 124 of the Act, be transferred to the Investor Education and Protection Fund (IEPF).

• Members are requested to note that dividends that are not claimed within seven years from the date of transfer to the Company’s Unpaid Dividend Account, will be transferred to the Investor Education and Protection Fund (IEPF).

More Definitions of Dividend Account

Dividend Account means an account established and maintained by the Plan Administrator or Trustee to record a Participant’s share of any Dividends and any gains or losses of the Trust attributable thereto.

Dividend Account means any InvestLine Account or any deposit, securities or commodity account at or with any bank, other financial institution, securities intermediary or commodity intermediary, the sole content of which are permitted dividends, distributions or other payment to shareholders of CatchMark Timber that have been declared but not paid, together with any account or accounts replacing any of the same.

Dividend Account means the book entry account established and maintained for each Director to record the conversion of Dividend Equivalents into Deferred Stock Units in accordance with Section 5 of the Plan.

Dividend Account means the account established and maintained for each Member pursuant to Article V for the purpose of holding dividends paid by HarborOne Bancorp, Inc. with respect to allocated shares of Stock held in the Trust. This Dividend Account shall be fully vested and nonforfeitable at all times.

Dividend Account means the Dividend Account of a Participant under the Prior Plan.

Dividend Account means the US dollars denominated, interest-bearing account opened or to be opened by each Obligor with the Lender and designated or identified as such (as the same may be re-designated, substituted or replaced from time to time).

Dividend Account means the account opened by the Client in terms of Section 123 of the Companies Act, 2013 as amended from time to time.