Memorandum Account definition

Memorandum Account means, with respect to a Participant, a bookkeeping account maintained by the Company to which is credited the amount of the Participant’s deferred Compensation, together with any earnings and appreciation thereon, and against which are charged any losses, depreciation or distributions thereof, pursuant to Article III.
Memorandum Account means a memorandum account established on the books of the Partnership.
Memorandum Account means the account established by the Corporation on behalf of each Supplemental Plan Participant, to which amounts described in Sections 3.1 shall be credited. The Committee shall establish such subaccounts as may be necessary or desirable to implement the terms of this Plan.

Examples of Memorandum Account in a sentence

  • This surcharge will amortize the cumulative balance recorded in the 2013 Interim Rate Memorandum Account, (2013IRMA) as of May 2017.

  • Memorandum Accounts (Continued)Greenhouse Gas Admin Costs Memo Account (GHGACMA) 30684-E Advanced Metering & Demand Response Memo Acct (AMDRMA) 34974, 34975, 34976, 34977-E Reliability Costs Memorandum Account (RCMA)………....

  • We may offer Third-Party Applications for sale under Order Forms.

  • Memorandum Accounts (Continued)Energy Efficiency 2009-2011 Memorandum Acct (EEMA) 20910-EFire Hazard Prevention Memorandum Account (FHPMA)… 23771, 23772-EWildfire Expense Memorandum Account (WEMA)…………… 21959-EDynamic Pricing Memorandum Account (DPMA)……..

  • The ISO start up and development costs shall include an amortized amount standing to the credit of the ISO Memorandum Account plus any additional start up or development costs incurred after the date of Resolution E-3459 (July 17, 1996) plus any additional capital expenditure budgeted to be incurred by the ISO in 1998 (“Start Up and Development Costs”).


More Definitions of Memorandum Account

Memorandum Account has the meaning ascribed to it in Section 8.4.
Memorandum Account shall have the meaning as set forth in Section 4.1.2.9 hereof.
Memorandum Account means, collectively, all of the accounts that hold all of the deferred compensation credited to a Participant under Article III reduced to reflect distributions.
Memorandum Account means an account established by the Committee in the name and for the benefit of a Participant, to record accruals of cash and/or stock or stock units under the Plan that remain subject to time restrictions. Accrued amounts of cash and/or stock or stock units shall earn interest at a market rate of interest, as periodically determined in the reasonable discretion of the Committee.
Memorandum Account has the meaning set forth in Section 3.13.
Memorandum Account means the account established by the Corporation on behalf of each Supplemental Plan Participant, to which amounts described in Sections 3.1 shall be credited. The Committee shall establish such subaccounts as may be necessary or desirable to implement the terms of this Plan. A Supplemental Plan Participant’s Memorandum Account shall include amounts accrued under the Cabot Corporation Supplemental Retirement Incentive Savings Plan and Cabot Corporation Supplemental Employee Stock Ownership Plan as of December 31, 2000, the effective date of the amendment and restatement of this Plan.
Memorandum Account means the unfunded bookkeeping memorandum records denominated in United States dollars and maintained by the University, under which amounts which are not eligible to be held in a Trust Account under the terms of the Plan are recorded in respect of each Participant in order to determine the amount of the Participant's benefit, if any, under Section 5.1 of the Program. For purposes of this Section Compensation paid in Lebanese pounds shall be converted into U.S. dollars at rates prevailing at the time paid and all entries into the Employee's Memorandum Account, including such conversion of Lebanese pounds into dollars, represent simply bookkeeping transactions for the purpose stated and do not connote actual transfers of cash. Prior to February 1, 2013, and pending any transfers pursuant to the next sentence, Memorandum Accounts reflected the amounts held under these accounts pursuant to the terms of the Plan preceding that date. Effective on or close to the Transfer Date, however, Memorandum Account balances for Participants who are not U.S. citizens or resident aliens shall be transferred to the Trust Accounts (provided, however, that any amounts contributed by a former U.S. citizen or resident alien during or prior to the period such Employee was a U.S. citizen or resident alien and earnings thereon, if any, will not be transferred and will be recorded in the Employee’s Employee Contribution Memorandum Subaccount, and any amounts contributed by the Employer to the Account of a former U.S. citizen or resident alien during or prior to the period such individual was a U.S. citizen or resident alien and earnings thereon, if any, will not be transferred and will be recorded in the Participant’s Employer Contribution Memorandum Subaccount), and the only new contributions to a Memorandum Account will be amounts transferred from a Participant’s Trust Account if a Participant becomes a United States citizen or resident alien and their Trust Account must be terminated pursuant to Section 4.1.