Early Withdrawal Charge Sample Clauses

Early Withdrawal Charge. If requested by the Employer after the completion of a period agreed upon by the Employer and us not to exceed five Contract Years from the date as of which an agreement is entered into between the Employer and us and after the completion of each successive period any assets of the Plan that are currently held in Participant accounts under the Contract will be transferred as soon as administratively practicable to a successor funding agency designated by the Employer unless, not later than 7 days before the date on which a transfer would otherwise occur, the Employer notifies us to renew that agreement. Such funds will be transferred in a single sum and no withdrawal charges will be applied in connection with such a transfer. However, upon termination of participation or a partial withdrawal prior to the end of the agreed upon period, a withdrawal charge may apply as described in the section entitled "Withdrawal Charges" above. We will not be responsible for the validity of any instructions by the Employer.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Early Withdrawal Charge. Your compensation as principal underwriter under this Agreement shall be the Early Withdrawal Charges, if any, that are collected on the Shares as set forth in the Fund's then current prospectus.
Sample 1Sample 2
Early Withdrawal Charge. We will deduct an Early Withdrawal Charge from the Account Value of this Contract if it is surrendered or a withdrawal is taken prior to the sixth Contract Anniversary. The Early Withdrawal Charge is equal to the Early Withdrawal Charge rate multiplied by the amount that is subject to such charge. The amount that is subject to the charge is the portion of the Account Value that you withdraw or surrender. The amount you withdraw or surrender includes any amount needed to pay the Early Withdrawal Charge itself. It does not include the amount covered by your Free Withdrawal Allowance. The Early Withdrawal Charge rates are set out on the Contract Specifications page. An Early Withdrawal Charge does not apply to a withdrawal or surrender on or after the sixth Contract Anniversary.
Sample 1Sample 2
Early Withdrawal Charge. 25.4.1. If an Early Withdrawal Charge applies to Your Policy, then it will apply if all the Policies terminate by reason of death or full surrender if either of these events occurs between payment of any Premium under the Policies and the expi- ry of the time shown in the Charges Schedule.
Sample 1
Early Withdrawal Charge. Contract Year 1 2 3 4 5 6 7+ Early Withdrawal Charge Rate 8 % 7 % 6 % 5 % 4 % 3 % 0 % Free Withdrawal Percentage: [10%]
Sample 1
Early Withdrawal Charge. Withdrawals may be subject to an early withdrawal charge and may also be subject to redemption fees. See “CHARGES AND FEES” in the full prospectus for the Contract for additional information.
Sample 1
Early Withdrawal Charge. We will impose an early withdrawal charge on certain withdrawals. The charge varies according to the time elapsed from the date of the Purchase Payment to the date we receive your written withdrawal request in Good Order at our Home Office. For each withdrawal, the early withdrawal charge is determined as shown in the chart on the Contract Schedule. For the purpose of calculating the early withdrawal charge, any excess over Purchase Payments not previously withdrawn is withdrawn first, then Purchase Payments beginning with the oldest Purchase Payment.
Sample 1
AutoNDA by SimpleDocs
Early Withdrawal Charge. Your compensation as principal underwriter under this Agreement shall be the Early Withdrawal Charges, if any, that are collected on the Shares as set forth in the Fund's then current prospectus. An Early Withdrawal Charge may be paid to you for those Shares redeemed by an investor within the first twelve(12)months after purchase at the rate of 1% of the lesser of the net asset value of the tendered Shares on the repurchase pricing date or the net asset value at the time of purchase.
Sample 1
Early Withdrawal Charge. An Early Withdrawal Charge may apply to a Participant’s interest in this Contract if:
Sample 1

Related to Early Withdrawal Charge

  • Delinquent Payment; Handling Charges All past due payments required of Tenant hereunder shall bear interest from the date due until paid at the lesser of eighteen percent per annum or the maximum lawful rate of interest (such lesser amount is referred to herein as the "Default Rate"); additionally, Landlord, in addition to all other rights and remedies available to it, may charge Tenant a fee equal to five percent of the delinquent payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's delinquency. In no event, however, shall the charges permitted under this Section 5 or elsewhere in this Lease, to the extent they are considered to be interest under applicable Law, exceed the maximum lawful rate of interest. Notwithstanding the foregoing, the late fee referenced above shall not be charged with respect to the first occurrence (but not any subsequent occurrence) during any 12-month period that Tenant fails to make payment when due, until five days after Landlord delivers written notice of such delinquency to Tenant.

  • Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.

  • Service Charge The Tenant must pay the Service Charge in accordance with Part 1 of Schedule 3. VAT The Tenant must pay: VAT on any consideration in respect of a VAT Supply to the Tenant by the Landlord at the same time as the consideration is paid; and on demand VAT (and interest, penalties and costs where these are incurred because of anything the Tenant does or fails to do) charged in respect of any VAT Supply to the Landlord in respect of the Premises where that VAT is not recoverable by the Landlord from HM Revenue & Customs. The Tenant must not do anything that would result in the disapplication of the option to tax in respect of the Landlord’s interest in the Estate. Interest on overdue payments The Tenant must pay interest on the Rents and on all other sums not paid on or by the due date (or, if no date is specified, not paid within 10 Business Days after the date of demand). Interest will be payable at the Interest Rate for the period starting on the due date (or date of demand) and ending on the date of payment. Reimburse costs incurred by the Landlord The Tenant must pay on demand the Landlord’s costs (including legal and surveyor’s charges and bailiff’s and enforcement agent’s fees) and disbursements in connection with: any breach of the Tenant’s obligations in this Lease, including the preparation and service of a notice under section 146 of the 1925 Act; any application by the Tenant for consent under this Lease, whether that application is withdrawn or consent is granted or lawfully refused, except in cases where the Landlord is required to act reasonably and the Landlord unreasonably refuses to give consent; [and] [carrying out works to the Premises to improve their Environmental Performance where the Tenant, in its absolute discretion, has consented to the Landlord doing so; and]44 the preparation and service of a schedule of dilapidations served no later than six months after the End Date. Third party indemnity45 The Tenant must indemnify the Landlord against all actions, claims, demands made by a third party, all costs, damages, expenses, charges and taxes payable to a third party and the Landlord’s own liabilities, costs and expenses incurred in defending or settling any action, claim or demand in respect of any personal injury or death, damage to any property and any infringement of any right, in each case arising from: the state and condition of the Premises or the Tenant’s use of them; the exercise of the Tenant’s rights; or the carrying out of any Permitted Works. In respect of any claim covered by the indemnity in clause 4.7.1, the Landlord must: give formal notice to the Tenant of the claim as soon as reasonably practicable after receiving notice of it; provide the Tenant with any information and assistance in relation to the claim that the Tenant may reasonably require and the Landlord is lawfully able to provide, subject to the Tenant paying to the Landlord all costs incurred by the Landlord in providing that information and assistance; and mitigate its loss (at the Tenant’s cost) where it is reasonable for the Landlord to do so.

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the Xxxx Due Date, or if a payment or any portion of a payment is received by a Party after the Xxxx Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

  • Increase in Insurance Premiums If an increase in any insurance premiums paid by Landlord for the Building is caused by Tenant's use of the Premises or if Tenant vacates the Premises and causes an increase in such premiums, then Tenant shall pay as additional rent the amount of such increase to Landlord.

Time is Money Join Law Insider Premium to draft better contracts faster.