Example ContractsClausesDesignated Account
Designated Account
Designated Account contract clause examples

Suspense Account. All Company Stock acquired by the Plan with the proceeds of an Exempt Loan shall initially be added to and maintained in the Unallocated Company Stock Suspense Account. (As of March 1, 2009, there are no shares of Company Stock in the Unallocated Company Stock Suspense Account.) Such Company Stock shall be released and withdrawn from such Account as if all Company Stock in such Account were encumbered. For each Plan Year during the duration of the Exempt Loan, the number of shares of Company Stock released with respect to such Plan Year shall equal the number of encumbered shares held immediately before release for such Plan Year multiplied by a fraction, the numerator of which is the amount of principal and interest paid on the Exempt Loan for such Plan Year and the denominator of which is the sum of the numerator plus the principal and interest to be paid for all future Plan Years.

Roth Account. Prior to the 2013 Plan Year, a Participant may not make a withdrawal from his Roth Account before his Termination of Employment.

Permit any amounts in the PayPal Account to not be transferred to the Designated Account by monthly sweep before the last Business Day of each month; or

Designated Account Debtor” means each Account Debtor designated by the Lead Borrower from time to time in writing to the Administrative Agent (with it being acknowledged and agreed that any Account Debtor and its Affiliates shall constitute only one Account Debtor for purposes of this definition); provided, however, that, at no time, may there be more than eight Designated Account Debtors.

the Account Debtor owing such Account is a Designated Account Debtor.

Party B's designated bank account and account number are:

Designated Account” means account number of maintained with Bank of America, or such other deposit account of Borrower (located within the United States) designated, in writing, from time to time, by Borrower to Agent.

Participant Survived by Designated Beneficiary. Subject to the provisions of this Article IV A, if the Participant dies on or after the date distributions begin and there is a Designated Beneficiary, the minimum amount that will be distributed for each

No Other “Designated Senior Indebtedness”. No Borrower shall designate, nor permit the designation of, any Indebtedness (other than under this Agreement or the other Loan Documents) as “Designated Senior Indebtedness” or any other similar term for the purpose of the definition of the same or the subordination provisions contained in the documentation for all Indebtedness that is subordinated in right of payment to the Obligations (if applicable) or any Permitted Refinancing Indebtedness in respect thereof.

The beneficiary account and account number of the bank designated by Shenzhen Wonhe Technology Co., Ltd.

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