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.
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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.
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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.
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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.
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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.
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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. 25.4.2. If, during the period at Term 25.4.1. above benefits are taken from the Policy by way of part surrender then the Charge may be waived, deferred or reduced where We consider it appropriate in the light of the remaining val- ue of the Investor’s Account, the amount of benefit being withdrawn and any previous Early Encashment Charge that has been levied. 1. General Provisions 1.1. The purpose of a Nomination is to transfer ownership of Pol- icies to one or more persons (the Beneficiaries) on the death of the Policyholder (the death of the last to die if there are two Policyholders at the time the Nomination is made). 1.2. We reserve the right to refuse a proposed Nomination in re- spect of a Policy or cancel a Nomination previously made in respect of a Policy if We consider that a Nomination is inappro- priate having regard to the circumstances. 1.3. Any Nomination and any revocation of a Nomination shall be made in a document satisfying Our requirements. 1.4. Where following the death of the Policyholder two or more Bene- ficiaries become jointly entitled to the Policies in force then: 1.4.1. We reserve the right to terminate the Policies and issue replacement Policies in the sole name of each Beneficiary as sole Policyholder. 1.4.2. The Investor’s Account value for the replacement Policies will be in proportion to the value of each Beneficiary’s enti- tlement at the time of the replacement. 1.4.3. Nominated Policies shall include such replacement Policies.
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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.
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Early Withdrawal Charge. An Early Withdrawal Charge may apply to a Participant’s interest in this Contract if:
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Early Withdrawal Charge. Contract Year 1 2 3 4 5 6 7+
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Related to Early Withdrawal Charge

  • Early Withdrawal Penalty Unless provided otherwise in the Disclosures, we will assess an early withdrawal penalty on any withdrawal, either partial or in whole, that we allow you to make from your account prior to the account's maturity date. The method for determining that penalty is described in the Disclosures.

  • Early Withdrawal Provisions We will impose a penalty if You withdraw any of the principal funds before the maturity date. The penalty imposed will equal the sum of the $25.00 administrative fee plus 180 days of dividends on the amount withdrawn. Renewal Policies. Your Account will renew automatically upon maturity and You will have a seven-calendar-day grace period immediately following the maturity of Your Account during which You may make withdrawals from Your Account without penalty.

  • Voluntary Withdrawal If any Partner should withdraw from the Partnership, they must give at least days’ written notice to the Partnership. Such withdrawal shall have no effect on the day-to-day operations of the Partnership.

  • Withdrawal Conditions; Withdrawal Period 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made for payments made prior to the date of this Agreement. 2. The Closing Date is June 30, 2013.

  • Involuntary Withdrawal Involuntary withdrawal of a Partner shall include, but not be limited to, the following: a.) Death of a Partner; b.) Partner that becomes incapacitated or not able to make decisions on their own as determined by a licensed physician; c.) A handicap of a Partner that prevents the individual from carrying out their Partnership duties and obligations; d.) Incompetence or negligence of a Partner; e.) A Partner’s breach of fiduciary duties;

  • Partial Withdrawals At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.

  • 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. B. In the event of the withdrawal of any Fund from this Agreement, all its rights and obligations, except for lease commitments, under this Agreement (except such rights or obligations as have accrued prior to the date of withdrawal) shall terminate as of the date of the withdrawal. The withdrawing Fund shall surrender its Shares to Service Company, and (1) shall be entitled to receive from Service Company an amount equal to the excess of the fair value of (i) its Shares of other securities Service Company as of the date of its withdrawal less (ii) its proportionate interest in any liabilities of Service Company, including when appropriate any commitments of Service Company and unexpired leases at the date of withdrawal; (2) shall be obligated to pay Service Company an amount equal to the excess of (ii) over (i). Such amount to be received from or paid to Service Company shall be determined by the favorable vote of the holders of a majority of the Shares whose determination shall be conclusive upon the Funds. Any amount found payable by the Service Company to the withdrawing Fund shall be recoverable by Service Company from the Funds remaining under this Agreement in accordance with the provisions of Section 1.2, 1.3 and 1.4 hereof.

  • 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:

  • Individual Charge for Parking i. The Contractor shall provide up to twenty (20) parking passes to the Attendees during the Program Dates at the rate of $@@.@@ for each pass. Unless expressly set forth otherwise, the Contractor shall xxxx each Attendee directly for any parking passes purchased as an Individual Charge.

  • 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. 7.2. The 10% deposit will be refunded back to the E-Bidders within three (3) working days via online banking.

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