Withdrawable definition

Withdrawable means shares with the associated right for the Member to withdraw and receive in return the value of their shares from the Society;
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Withdrawable in relation to shares means shares with the associated right for the Member to withdraw their shares and receive in return the value of their shares from the Co-operative.
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Withdrawable means shares with the associated right for the Member to withdraw and receive in return the value of their shares from the Co-operative in accordance with the provisions of these Rules;
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Examples of Withdrawable in a sentence

  • Shares shall be Withdrawable only in accordance with the provisions of these Rules.

  • When the actual available value of margin collaterals is lower than 80% of the trading margin: Withdrawable amount = the current cash balance – (the trading margin – the actual available value of the margin collaterals) – the minimum clearing deposit.

  • If your Margin Cover is not positive, there will be no Withdrawable Funds.

  • Withdrawable Funds means the amount of cash which would be paid to you from the Account if requested.

  • There are Withdrawable Funds only if your Account balance is a positive amount.

  • The amount of the Withdrawable Funds is the lesser of the cash balance of your Account and the Margin Cover.

  • Withdrawable shares or debt securities will not be issued, or loans received, if it would result in one natural person holding more than a quarter of all withdrawable share capital, or of all debts; or if it would exceed the limits specified in 1.6 (c).

  • Withdrawable shares may be reduced in value by the committee in the event that independent accountants certify that the co-operative's liabilities, plus issued withdrawable share capital, have become more than the value of its assets.

  • Different rates may be paid, graduated according to the amount of share capital in the Society held by a Member, or on the basis of other terms and conditions applying to Withdrawable shares.

  • In the event that the Bank credits the Account in anticipation of the Bank’s collection of Withdrawable Funds (or any other funds) that the Bank is then unable to collect, the Bank may charge such amounts back to the Account and, to the extent there are insufficient funds in the Account to reimburse the Bank, the Company agrees to reimburse the Bank within one business day after demand in immediately available funds.


More Definitions of Withdrawable

Withdrawable means shares with the associated right for the Member to withdraw in accordance with these Rules;
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Withdrawable means shares that are transferable to another Person who also qualifies for membership of the Society in accordance with these Rules;
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Withdrawable means shares with the associated right for the Member to withdraw
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Withdrawable means shares with the associated right for the Member
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Related to Withdrawable

  • Withdrawal means any measure aimed at preventing a product in the supply chain from being made available on the market;

  • Withdrawal Value means a Participant's Account Value minus the applicable Withdrawal Charge. (transfer from GRA III SBR,MBR/GAA III SBR,MBR -- Series I) (original GRA I NBR/GAA I NBR -- Series I) P-13099(SBR)(MBR)(NBR)conv.2

  • Withdraw “Withdrawing” or “Withdrawal” means the resignation of a Member from the Company as a Member. Such terms shall not include any Dispositions of Membership Interests (which are governed by Article IV), even though the Member making a Disposition may cease to be a Member as a result of such Disposition.

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

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

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Qualified withdrawal means a withdrawal from an account to pay the qualified disability expenses of the designated beneficiary of the account.

  • Covered Amount means, for any Distribution Date with respect to the Controlled Accumulation Period or the first Special Payment Date, if such Special Payment Date occurs prior to the date the Class A Invested Amount is paid in full, an amount equal to the sum of (x) with respect to the Class A Certificates, the product of (i) the Class A Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and, (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class A Certificates and (y) with respect to the Class B Certificates, the product of (i) the Class B Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class B Certificates.

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

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Subaccount means any subaccount designated and established hereunder.

  • Merchant Account means any account with an Acquirer or other Financial Institution, service provider, Payment Processor, ISO, or other entity that enables an individual, a business, or other organization to accept payments of any kind.