Deposit/ Withdrawal Transactions Sample Clauses

Deposit/ Withdrawal Transactions. 11.1. HotForex shall neither receive nor disburse Customer's funds in cash currency. All transactions between the Customer and HotForex shall be performed by wire or other method in which the identities of both the sending and receiving parties can be verified by HotForex and which HotForex in its sole discretion shall deem appropriate. HotForex shall not accept deposits from any third party to the Customer's account; HotForex shall not withdraw any funds from Customer's account to any third party. HotForex shall perform wire transactions only between Customer's HotForex account and another account which is held in Customer's name or of which Customer clearly demonstrates ownership to HotForex.
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Deposit/ Withdrawal Transactions. FXOpen shall neither receive nor disburse Customer's funds in cash currency. All transactions between the Customer and FXOpen shall be performed by wire or other methods, in which, the identities of both the sending and receiving parties can be verified by FXOpen and which FXOpen in its sole discretion shall deem appropriate. FXOpen shall not accept deposits from any third party to the Customer's account, FXOpen shall not withdraw any funds from the Customer's account to any third party until otherwise agreed in written between the parties hereto. FXOpen shall perform wire transactions only between the Customer's FXOpen account and another account which is held in the Customer's name or of which the Customer clearly demonstrates ownership to FXOpen. If the funds sent (I) via wire transfer do not hit the bank account of the Customer during 10 business days, or

Related to Deposit/ Withdrawal Transactions

  • Withdrawal Events In the event of the death, retirement, withdrawal, expulsion, or dissolution of a Member, or an event of bankruptcy or insolvency, as hereinafter defined, with respect to a Member, or the occurrence of any other event which terminates the continued membership of a Member in the Company pursuant to the Statutes (each of the foregoing being hereinafter referred to as a “Withdrawal Event”), the Company shall terminate sixty days after notice to the Members of such withdrawal Event unless the business of the Company is continued as hereinafter provided. Notwithstanding a Withdrawal Event with respect to a Member, the Company shall not terminate, irrespective of applicable law, if within aforesaid sixty day period the remaining Members, by the unanimous vote or consent of the Members (other than the Member who caused the Withdrawal Event), shall elect to continue the business of the Company. In the event of a Withdrawal Event with respect to an Member, any successor in interest to such Member (including without limitation any executor, administrator, heir, committee, guardian, or other representative or successor) shall not become entitled to any rights or interests of such Member in the Company, other than the allocations and distributions to which such Member is entitled, unless such successor in interest is admitted as a Member in accordance with this Agreement. An “event of bankruptcy or insolvency” with respect to a Member shall occur if such Member:

  • Withdrawal From Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

  • Withdrawal of Bid Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

  • Withdrawal Before Bidding 7.1. Registered E-Bidders, who have completed the 10% deposit payment, are entitled to withdraw from the auction at least one (1) working day before the auction date by 5.00 pm.

  • Withdrawal of Members A member may withdraw from this LLC by giving written notice to all other members at least days before the date the withdrawal is to be effective.

  • Withdrawal Period 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made:

  • Withdrawal Conditions; Withdrawal Period 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made:

  • Withdrawal of Loan Proceeds 1. Except as ADB may otherwise agree, the following provisions of this Schedule shall apply to the withdrawal of Loan proceeds from the Loan Account.

  • Withdrawal of Cases After a case on which an Appeal Board is empowered to rule hereunder has been referred to the Appeal Board, the case may not be withdrawn by either party except by mutual consent.

  • Withdrawal of Resignation An Employee who has terminated her employment through resignation, may withdraw her resignation within three (3) days of the time it was submitted to the Employer.

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