Subsequent Account definition

Subsequent Account sliding scale. A "Subsequent Account" is defined as any additional account under an asset allocation strategy, with like registration and account number, maintained by a Shareholder in any other Sierra Capital Management mutual fund that is serviced by FDISG as transfer agent. Subsequent Account Sliding Scale: First 100,000 Subsequent Accounts $5.50 per Subsequent Account Next 50,000 Subsequent Accounts $5.00 per Subsequent Account 150,001+ Subsequent Accounts $4.50 per Subsequent Account *Each year, effective on the anniversary date of the Agreement, the per account fee will increase by a percentage equal to an amount one percent greater than the Consumer Price Index as reported monthly by Bloomberg Financial Markets and Comodity News in the month preceding the effective date of the increase. This provides FDISG with an opportunity to manage uncontrollable expenses due to inflationary increases.
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Subsequent Account is defined as any additional account under an asset allocation strategy, with like registration and account number, maintained by a Shareholder in any other Sierra Capital Management mutual fund that is serviced by FDISG as transfer agent. Subsequent Account Sliding Scale: First 100,000 Subsequent Accounts $5.50 per Subsequent Account Next 50,000 Subsequent Accounts $5.00 per Subsequent Account 150,001+ Subsequent Accounts $4.50 per Subsequent Account *Each year, effective on the anniversary date of the Agreement, the per account fee will increase by a percentage equal to an amount one percent greater than the Consumer Price Index as reported monthly by Bloomberg Financial Markets and Comodity News in the month preceding the effective date of the increase. This provides FDISG with an opportunity to manage uncontrollable expenses due to inflationary increases.
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Subsequent Account means each Account issued by Gottschalks after the Initial Closing Date and on or prior to the Conversion Date.
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Examples of Subsequent Account in a sentence

  • For purposes hereof, the actuarial equivalent values of the amounts which were previously paid from such Original Account, if any, shall be equal to the value of each such amount so paid, credited with interest at the rate specified in Section 4.03 for the period beginning with the date of payment of such amount to the individual and ending on the date of establishment of the Subsequent Account, compounded on a quarterly basis during the plan year.

  • The minimum amount which may be transferred is the Minimum Subsequent Account Allocation stated in the Certificate Schedule or, if smaller, the remaining value in the Fixed Account or a Subaccount or Guarantee Period.

  • The Minimum Subsequent Account Allocation stated in the Certificate Schedule must remain in the account after the Owner makes a withdrawal unless the account is eliminated by such withdrawal.

  • The Minimum Subsequent Account Allocation stated in the Contract Schedule must remain in the account after You make a withdrawal unless the account is eliminated by such withdrawal.

  • As of each subsequent Closing Date, there are no liens or other encumbrances with respect to any Subsequent Account and Gottschalks owns and has good marketable title to each Subsequent Account free and clear of any liens or encumbrances.

  • The minimum amount which may be transferred is the Minimum Subsequent Account Allocation stated in the Contract Schedule or, if smaller, the remaining value in the Fixed Account or a Subaccount or Guarantee Period.

  • Gottschalks has full right and authority to sell and assign each such Subsequent Account to Buyer pursuant to this Agreement.

  • The Direct Rights of each Previous Account Holder in relation to any Entry shall terminate when the Subsequent Account Holder to whose Securities Account a corresponding Entry has been credited acquires Direct Rights in relation to such Entry in accordance with Clause 2.1.

  • The Minimum Subsequent Account Allocation stated in the Certificate Schedule must remain in the account after You make a withdrawal unless the account is eliminated by such withdrawal.

Related to Subsequent Account

  • Investment Account As defined in Section 3.12(a).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Agent Account means such account of the Administrative Agent as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Note Account As defined in the Indenture.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2005-5, Home Equity Pass-Through Certificates, Series 2005-5. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Eligible Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Client Account means any account opened by the Client at the Company including Transitory Accounts, trading accounts, partner accounts, Manager's accounts, Investor's accounts and other account types.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.