Account

Account. “Account” shall mean the Salary Reduction Amounts, Excess Amounts, Company Matching Contributions and earnings thereon, credited with respect to each Participant and established solely as a bookkeeping entry. The Account shall include the Grandfathered Account as a subset of the total Account.

Account. The separate bookkeeping account or accounts established and maintained by Alleghany pursuant to Section 8 in respect of each Participant

Account. All present and future rights of the Borrower to payment of a monetary obligation, whether or not earned by performance, which is not evidenced by chattel paper or an instrument, (i) for services rendered or to be rendered, or (ii) for a secondary obligation incurred or to be incurred.