Units of Account definition

Units of Account means the Special Drawing Rights (SDR) as defined by the International Monetary fund.
Sample 1Sample 2Sample 3
Units of Account means the currency of the Bank as determined by or under the Agreement, each Unit having a value equivalent to one Special Drawing Right of the IMF;
Sample 1
Units of Account means the Special Drawing Right as defined by the International Monetary Fund.
Sample 1

Examples of Units of Account in a sentence

  • In respect of claims arising on any distinct occasion for loss of life or personal injury to passengers of a ship, the limit of liability of the shipowner thereof shall be an amount of 175,000 Units of Account multiplied by the number of passengers which the ship is authorized to carry according to the ship's certificate.

  • In respect of claims arising on any distinct occasion for loss of life or personal injury to passengers of a ship, the limit of liability of the shipowner thereof shall be an amount of 175,000 Units of Account multiplied by the number of passengers which the ship is authorized to carry according to the ship’s certificate.

  • In respect of claims arising on any distinct occasion for loss of life or personal injury to passengers of a ship, the limit of liability of the shipowner thereof shall be an amount of 46,666 Units of Account multiplied by the number of passengers which the ship is authorized to carry according to the ship's certificate, but not exceeding 25 million Units of Account.

  • In respect of claims arising on any distinct occasion for loss of life or personal injury to passengers of a ship, the limit of liability of the shipowner thereof shall be an amount of 46,666 Units of Account multiplied by the number of passengers which the ship is authorized to carry according to the ship’s certificate, but not exceeding 25 million Units of Account.

  • In respect of claims for loss of life or personal injury to passengers carried by sea, the limitation of liability of the shipowner thereof shall be an amount of 46,666 Units of Account multiplied by the number of passengers which the ship is authorized to carry according to the ship's relevant certificate, but the maximum amount of compensation shall not exceed 25,000,000 Units of Account.

  • For a ship with a gross tonnage in excess of 500 tons, the limitation under a) above shall be applicable to the first 500 tons, and the following amounts in addition to that under a) shall be applicable to the part in excess of 500 tons: For each ton from 501 to 30,000 tons: 167 Units of Account; For each ton from 30,001 to 70,000 tons: 125 Units of Account; For each ton in excess of 70,000 tons: 83 Units of Account.

  • The impact of each procurement change shall be accounted for by the ITER Organization and valued in ITER Units of Account (IUA).

  • However, the deductible with respect to the loss of or damage to the passengers' vehicles shall not exceed 117 Units of Account per vehicle, whereas the deductible for the loss of or damage to the luggage other than the vehicle shall not exceed 13 Units of Account per piece of luggage per passenger.

  • The Bank’s policy is to minimize the potential fluctuation of the value of its net worth measured in Units of Account by matching, to the extent possible, the currency composition of its net assets with the currency basket of the SDR (the Unit of Account).

  • For loss of or damage to luggage other than those described in sub-paragraphs (2) and (3) above: not exceeding 1,200 Units of Account per passenger.

Related to Units of Account

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Unit of account means the Special Drawing Right as defined by the International Monetary Fund.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Note Account As defined in the Indenture.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Separate Accounts means the accounts which are to be prepared for each

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

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

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

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Regular account means the account established for each active and inactive member un-

  • Direct Account : means any Account which is not an ISA Account.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • 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.

  • Subaccount means any subaccount designated and established hereunder.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;