General Withdrawal Provisions. Subject to the following provisions of this Section, the Participant may direct us to withdraw all or a portion of his Account Value pursuant to Sections 5.2 and 5.3 to provide a cash payment to him.
(a) Amounts attributable to amounts held as of December 31, 1988 under another Code Section 403(b) annuity contract may be withdrawn to provide such benefits.
(b) Amounts attributable to Contributions made other than pursuant to a salary reduction agreement (within the meaning of Code Section 402(g)(3)(C)) may be withdrawn to provide such benefits.
(c) Amounts attributable to Contributions made pursuant to a salary reduction agreement (within the meaning of Code Section 402(g)(3)(C)) may be withdrawn to provide such benefits, provided that any distribution of such amount shall not occur until the Participant has either attained age 59 1/2, separated from service, died, become totally disabled (as defined by the IRS), or experienced a hardship (as defined by the IRS). However, in the case of a hardship withdrawal, any gain credited to such Contributions may not be withdrawn.
(d) Withdrawal of any amount from this contract which is transferred directly by us pursuant to a Participant's instructions to another tax-deferred annuity funding vehicle under applicable IRS rules and regulations is not the provision of a benefit for purposes of Section 5.2. Any such withdrawal is subject to application of the Withdrawal Charge pursuant to Sectoion 5.3.
(e) If, as provided in Internal Revenue Code Regulation Section 1.403(b)-2T Q&A-2, the distributee of any eligible rollover distribution elects to have the distribution paid directly to an eligible retirement plan (as defined in Q&A-1 of that Section) and specifies the eligible retirement plan to which the distribution is to be paid, then the distribution shall be paid to that eligible retirement plan in a direct rollover.
(f) We are not responsible for determining a Participant's compliance with the requirements above. Any withdrawal request submitted by the Participant must include certification as to the purpose of the withdrawal. The Participant assumes full responsibility for determining whether any withdrawal is permitted under applicable law. We may rely solely upon his representations made in the withdrawal request.
(g) Withdrawals from a Participant Account's share of any Investment Option may not be made in an amount less than the smaller of $500 or the Participant Account's entire share of the Investment Option...
General Withdrawal Provisions. Subject to the following provisions of this section, at any time prior to termination of the contract pursuant to the provisions of the "Contract Termination" section discussed below, the Contractholder may direct AUL to withdraw all or a portion of a Participant Account, pursuant to the "'Benefit Responsive' Plan Benefits and Annuities" and "Other Plan Benefits Payable in Cash" sections discussed below, to provide Plan benefits (other than Plan termination benefits). Such Contractholder direction must be submitted to AUL at its Home Office in a form acceptable to AUL.
General Withdrawal Provisions. (a) Subject to the limitations provided in this Section, the Participant may direct us to withdraw all or a portion of his Participant Account (minus any charges described in Section 7 and in the Table of Contract Charges that are not included in the Accumulation Unit value) to provide a single- sum payment to him. Except for benefits paid under Section Section 5.2 or 6.1 below, such payments are subject to a Withdrawal Charge. For such payments, if the entire Account Value is withdrawn, the amount paid equals the Withdrawal Value (minus any charges described in Section 7 and in the Table of Contract Charges that are not included in the Accumulation Unit value). In all other instances, the Account Value is reduced by an amount sufficient to make the payment requested and to cover the Withdrawal Charge and any charges described in Section 7 and in the Table of Contract Charges that are not included in the Accumulation Unit value. [Notwithstanding the previous paragraph, in the first Contract Year in which a Participant Account is established, the Participant may withdraw up to 10% of the sum of his Account Value (determined as of the later of the Contract Date or the Contract Anniversary immediately preceding the request for the withdrawal) plus Contributions made for him during that Contract Year, without application of the Withdrawal Charge. The Participant may also do this in the next succeeding Contract Year. In any subsequent Contract Year, the Participant may withdraw up to 10% of his Account Value (determined as of the Contract Anniversary immediately preceding the request for the withdrawal) without application of the Withdrawal Charge.]
(b) [Withdrawals from a Participant Account's FIA share may not be made in an amount less than the smaller of $500 or the Participant Account's entire FIA share. If a withdrawal reduces the Participant Account's FIA share to less than $500, the remaining share will also be withdrawn.]
(c) A withdrawal request is effective, and the Account Value to be applied pursuant to Section Section 5.1 and 5.2 is determined, on the Business Day that we receive a proper withdrawal request (or due proof of death, if received later).
(d) We will pay any cash lump-sum to the Participant within [7 days] from the appropriate Business Day as determined in Subsection (c) above, except as we may be permitted to defer such payment of amounts withdrawn from the Variable Account in accordance with appropriate provisions of the federal secur...
General Withdrawal Provisions. As allowed by the Plan and subject to Section 3 and provisions of the Code (see 4.02), the Contract Holder or a Participant, as applicable, may withdraw any portion or all of the Individual Account value during the Accumulation Phase. For 403(b), 401 and governmental 457plans, a Participant or the surviving spousal beneficiary of a deceased Participant (or a Participant's spouse or former spouse who is an alternate payee under a domestic relations order, as defined in Section 414(p) of the Code) who is entitled to an eligible rollover distribution may elect to have any portion of an eligible rollover distribution (as defined in Section 402(c)(4) of the Code) from the Plan paid directly to an eligible retirement plan (as defined in Section 402(c)(8)(B) of the Code) or paid directly to a Xxxx individual retirement annuity or a Xxxx individual retirement account as a qualified rollover contribution (as defined in Section 408A(e) of the Code), as specified by the Participant, beneficiary or spouse in a direct rollover. A beneficiary who at the time of the Participant's death was neither the spouse of the Participant nor the spouse or former spouse of the Participant who is an alternate payee under a qualified domestic relations order may elect to have any portion of an eligible rollover distribution directly rolled over only to an individual retirement account or individual retirement annuity (IRA) that has been established on behalf of the beneficiary as an inherited IRA (within the meaning of Section 408(d)(3)(C) of the Code), to the extent permitted under the Plan. The Contract Holder or a Participant, as applicable, may request a Withdrawal by properly completing a Withdrawal request form and forwarding it to our Home Office, or by otherwise complying with our administrative procedures.
General Withdrawal Provisions. Subject to the following provisions of this Section, at any time prior to termination of the contract pursuant to Article 8, the Contractholder may direct AUL to withdraw all or a portion of a Participant Account pursuant to Sections 4.2 and 4.3 to provide Plan benefits (other than Plan termination benefits). Such Contractholder direction must be submitted to AUL at its Home Office in a form acceptable to AUL.
(a) Amounts attributable to amounts held as of December 31, 1988 under another Code Section 403(b) annuity contract may be withdrawn to provide such benefits.
(b) Amounts attributable to Contributions made other than pursuant to a salary reduction agreement (within the meaning of Code Section 402(g)(3)(C)) may be withdrawn to provide such benefits.
(c) Amounts attributable to Contributions made pursuant to a salary reduction agreement (within the meaning of Code Section 402(g)(3)(C)) may be withdrawn to provide such benefits, provided that the withdrawal is made to provide a loan or that any distribution of such amount shall not occur until the Participant has either attained age 59 1/2, separated from service, died, become totally disabled (as defined by the Plan), or
General Withdrawal Provisions. (a) Upon a Partner becoming a Withdrawn Partner pursuant to this Agreement, unless otherwise provided in this Agreement and without jeopardizing the Partnership's or any Partner's rights under Sections 12.1(d) or 12.1(e), each remaining Partner shall have seven (7) days after being provided a Withdrawal Notice by the Partnership (the "Election Period") to provide the Partnership with a written notice of its commitment and guarantee (a "Replacement Guarantee") that it will succeed to, perform and fulfill a pro rata portion of the Withdrawn Partner's obligations under this Agreement, including but not limited to any obligation to advance Development Funds, provide Equity Guarantees, contribute Construction Equity Contributions, provide Project Guarantees, and contribute Additional Capital (collectively, the "Withdrawn Partner Obligations") and succeed to a pro rata share of such Withdrawn Partner's Partnership Interest (the "Withdrawal Interest"). The term "pro rata" as used in this Section 12.4 is in the proportion which the remaining Partner's Partnership Percentage represents of the remaining Partners' Partnership Percentages in effect at the time, or some other basis as otherwise agreed to by all of such remaining Partners which elect to provide a Replacement Guarantee.
