AUTOMATIC WITHDRAWAL. You may elect to take an automatic withdrawal by withdrawing a specific sum or a certain percentage of the Contract Value on a monthly, quarterly, semiannual, or annual basis, subject to the Minimum Partial Withdrawal amount made as a scheduled part of an automatic withdrawal program, as shown on the Contract Data Pages. Automatic withdrawals are treated as partial withdrawals and will be counted in determining the amount taken as a Free Withdrawal in any Contract Year. Automatic withdrawals in excess of the Free Withdrawal amount may be subject to Withdrawal Charges. Automatic withdrawals cease on the Income Date. WITHDRAWAL CHARGE. The Company may impose a Withdrawal Charge against certain withdrawals from the Contract. The Company will calculate Withdrawal Charges in accordance with the Withdrawal Charge Schedule shown on the Contract Data Pages. For purposes of determining the Withdrawal Charge, the Contract Value is divided into earnings and Remaining Premium, as defined in the Contract. Earnings are not subject to a Withdrawal Charge. For the sole purpose of determining the amount of the Withdrawal Charge, earnings are defined as any excess of the Contract Value over Remaining Premium. The Withdrawal Charge is equal to the applicable Withdrawal Charge Percentage applied to the gross amount of Remaining Premium withdrawn (not the net amount of Remaining Premium received by You), excluding any amount for which the Contract expressly provides for a waived, or no, Withdrawal Charge. In the event of a total withdrawal, the applicable Withdrawal Charge Percentage is applied to the full value of Remaining Premium immediately prior to the withdrawal, less any Free Withdrawal available at the time of the total withdrawal. The Withdrawal Charge reduces
AUTOMATIC WITHDRAWAL. You must register and link a bank your account within 30 days after you receive your first payment. Each day, PayPal will automatically start the process to transfer funds from your PayPal account to your linked bank account registered with us. If you have more than one linked bank account, we will deposit your funds in your preferred bank account. You will typically receive the funds within 3 Business Days, unless you have a different settlement withdrawal set forth in your PayPal account or unless you manually start the withdrawal to your bank account. If your preferred bank account is in Mexico, your funds may only be withdrawn in Mexican Pesos. If your preferred bank account is in the United States, then your funds may only be withdrawn in US Dollars. As long as the daily automatic withdrawal hasn’t occur, you can start the manual withdrawal to a registered bank account different that your preferred bank account in the applicable currency in accordance with this paragraph (i.e. your preferred bank account is in Mexico, you receive a payment in US dollars, and you initiate a manual withdrawal to send the funds to a register U.S. bank in US dollars). If we are required to convert your funds, we will charge you a Currency Conversion Fee. Please note that if you do not register and link a bank account within 30 days after receiving your first payment, or if you fail to keep your bank information current and valid, we will disable your capability for receiving payments until you register a bank account. To protect us and our users from loss, we may delay an automatic withdrawal If we place a limitation on your PayPal account, a payment is subject to a hold, or your account or an associated account has a negative balance in any currency while a withdrawal from your PayPal account is pending, once the limitation or hold has been lifted, or the negative balance is fully paid off the retained funds will be withdrawn to your registered bank account. If you have funds in your PayPal account, you may withdraw it by transferring it to your eligible linked bank account or debit account (when applicable) within minutes. In some cases, it could take up to 30 minutes and have a withdrawal limit. Instant Disposition functionality is only available for Mexican bank accounts and in Mexican pesos, therefore an eligible bank account or debit account (when applicable) is one that belongs to a financial institution that is connected to SPEI, or is interoperable with SPEI or b...
AUTOMATIC WITHDRAWAL. In addition to those instances where withdrawal is deemed to occur under this Agreement, upon the happening of any of the following events with respect to a Partner, such Partner and all Affiliate(s) thereof which are also Partners, shall automatically become a Withdrawn Partner or Withdrawn Partners, as the case may be, and promptly following receipt of notice of the happening of any such event the Partnership shall provide notice of such withdrawal (a "Withdrawal Notice") to all other Partners:
(a) the entry by a court of competent jurisdiction of a decree or order for relief, unstayed on appeal or otherwise and in effect for ninety (90) days, in respect of such Partner, in an involuntary case under the federal bankruptcy laws, or any such order adjudicating such Partner as bankrupt or insolvent under any other applicable bankruptcy, insolvency or liquidation law;
(b) the entry by a court of competent jurisdiction of a decree or order appointing a receiver, custodian, assignee, trustee, liquidator, sequestrator or other similar official of such Partner or of any substantial part of the property of such Partner, or ordering the winding down or liquidation of its affairs, and the continuance of any such decree or order unstayed on appeal or otherwise and in effect for ninety (90) days, or the commencement by such Partner of a voluntary case under the federal bankruptcy laws, or under any other bankruptcy or insolvency law, seeking reorganization, liquidation, arrangement, adjustment or composition of such Partner under the bankruptcy laws or any similar statute;
(c) the consenting by such Partner to the appointment of, or taking possession by, a receiver, assignee, custodian, trustee, liquidator, sequestrator, or other similar official of it, or of any substantial part of its property, or the taking of corporate or partnership action by such Partner in furtherance of any such action;
(d) the filing of a certification of dissolution of the Partner under the laws of the jurisdiction of its incorporation or formation which cannot be cured or the entering of a final non-appealable order dissolving that Partner by any court of competent jurisdiction; or
(e) any event which shall make it unlawful for that Partner to be a Partner in the Partnership.
AUTOMATIC WITHDRAWAL. The payments on this Note and any other sums secured by the Deed of Trust will be deducted on the first (lst) day of each month from Seafirst Deposit Account No. 0000000, or such other Seafirst Deposit Account as may be authorized in the future.
AUTOMATIC WITHDRAWAL. Any partner who is absent for three (3) consecutive meetings, or five (5) of any 12 consecutive meetings, or has late fees assessed for any two (2) of 12 consecutive meetings, without consent from the super-majority of the partners, shall automatically be removed. has not materially participated in the partnership for six consecutive months shall be automatically considered having requested a full withdrawal. The meeting causing any of these clauses this to be true shall be treated as receipt of request for full withdrawal. The removal shall become effective upon payment of the value of the removed partner's capital account, which shall be in accordance with the provisions on full withdrawal of a partner noted in section 2021 of this agreement.
AUTOMATIC WITHDRAWAL. If you have your payment automatically withdrawn from a savings or checking account you do not need to take any action; we will make the necessary changes for you. If your payment is drafted prior to November 16th, there will be no change to the drafting date. However, if your payment is normally drafted between November 16th and November 27th, it will be drafted on or about November 29th. The November payment will not be considered late. All future drafting dates will be unaffected by this change. If sufficient funds are not available in your checking or savings account at the time of the scheduled draft, no second attempt will occur. You may also be charged a fee for non-sufficient funds.
AUTOMATIC WITHDRAWAL. The withdrawal of the General Partner, as General Partner of the Partnership, shall automatically occur; (i) upon the "bankruptcy" as hereinafter defined, of the General Partner; (ii) upon the death of the General Partner; or (iii) upon the "permanent disability" as hereinafter defined, of the General Partner. Each of the occurrences listed in (i), (ii) and (iii) is referred to herein as an "Event of Withdrawal."
8.2.1 For the purposes of this Limited Partnership Agreement, "bankruptcy" with respect to the Partnership or any Partner shall be deemed to occur when the Partnership or such Partner makes an assignment for the benefit of creditors, has appointed a receiver, liquidator or trustee for it, him or her substantial portion of its, his or her property, or files a petition in bankruptcy, voluntarily takes advantage of any bankruptcy or insolvency law or is adjudicated a bankrupt or, if a petition or an answer is filed proposing the adjudication of the Partnership or such Partner as a bankrupt, when the Partnership or such Partner shall consent to the filing thereof, or sixty (60) days after the filing thereof unless the same shall have been discharged or denied prior thereto.
8.2.2 For the purposes of this Limited Partnership Agreement, "permanently disabled" means that the Partner with respect to whom such determination is made has, due to physical or mental injury, disease or illness, been unable for a period of twelve (12) consecutive months to render the type and extent of services which such Partner is obligated to render to the Partnership under this Limited Partnership Agreement. "Permanent disability" shall be the condition of being permanently disabled.
AUTOMATIC WITHDRAWAL. EPF will auto-‐withdraw your monthly membership fee by either credit card, checking or savings account on or near the 1st day of every month. Dues and credit charges are payable monthly via electronic funds transfer or automatic credit account charge in advance and shall be delinquent if not received by the last day of the of the due month. There will be a $20.00 charge to collect dues should a check be returned NSF or a credit card declined. You agree to satisfy any returned EFT payment from checking or credit card. EPF is hereby authorized to use any means of collection for unpaid past due accounts including but not limited to collection agencies, credit bureaus, and authorizing credit card debits. All credit card chargeback rights are waived. If you are having a problem with your payments, please contact EPF immediately. Failure to do so may result in the balance of your membership becoming immediately due and sent to collection and membership terminated for default. In addition, you will be responsible to pay all returned item charges and collection fees.
AUTOMATIC WITHDRAWAL. Should a partner be delinquent in his/her monthly contributions for a period of 61 days or have three (3) unapproved absences, he/she will automatically be terminated as a partner and will receive an amount equal to his/her capital account incurring all expenses of this liquidation.
AUTOMATIC WITHDRAWAL. (DUE ON OR BEFORE JULY 1 AND NOVEMBER 1) Families who encounter financial difficulty (that would delay payment) must contact the Parish Business Office. (DUE ON OR BEFORE JULY 1, NOVEMBER 1 AND MARCH 1) Families who encounter financial difficulty (that would delay payment) must contact the Parish Business Office. Families who encounter financial difficulty (that would delay payment) must contact the Parish Business Office.
