Limited Withdrawals Sample Clauses

Limited Withdrawals. Notwithstanding the provisions of Section 3 above, the Broker shall not comply with any entitlement order from any Pledgor requiring a free delivery of any financial assets from the Public Company Pledged Collateral Account nor deliver any such financial assets to any Pledgor nor pay any free credit balance or other amount owing from the Broker to any Pledgor with respect to the Public Company Pledged Collateral Account (each such delivery or payment being herein referred to as a "withdrawal"), except that the Broker shall be permitted to make withdrawals payable to, or deliverable at the direction of, any Pledgor consisting of (a) distributions of interest or dividends earned in the Public Company Pledged Collateral Account upon delivery to the Administrative Agent and the Broker, on or prior to 11:00 A.M. Eastern Standard Time on the date of any proposed disposition, of a written notice substantially in the form of Exhibit B attached hereto or (b) certain permitted withdrawals of pledged securities upon delivery to the Broker at least contemporaneously therewith of a written notice substantially in the form of Exhibit C attached hereto, signed by the applicable Pledgor(s) and the Administrative Agent.
Sample 1
AutoNDA by SimpleDocs
Limited Withdrawals. Notwithstanding the provisions of Section 3 above, the Broker shall not comply with any entitlement order from any Pledgor requiring a free delivery of any financial assets from the In-Registration Company Pledged Collateral Account nor deliver any such financial assets to any Pledgor nor pay any free credit balance or other amount owing from the Broker to any Pledgor with respect to the In-Registration Company Pledged Collateral Account (each such delivery or payment being herein referred to as a "withdrawal"), except that the Broker shall be permitted to make withdrawals payable to, or deliverable at the direction of, any Pledgor consisting of (a) distributions of interest or dividends earned in the In-Registration Company Pledged Collateral Account upon delivery to the Broker, on or prior to 11:00 A.M. Eastern Standard Time on the date of any proposed disposition, of a written notice substantially in the form of Exhibit B attached hereto, (b) certain permitted withdrawals of pledged securities upon delivery to the Broker at least contemporaneously therewith of a written notice substantially in the form of Exhibit C attached hereto, (c) certain permitted exchanges of pledged securities upon (i) delivery to the Broker, on or before 3 days before any such proposed exchange, of a written notice substantially in the form of Exhibit D attached hereto and (ii) upon delivery by the Broker to the Administrative Agent of a letter evidencing that the transfer agent or other transferee of such pledged securities has agreed to hold such pledged securities as bailee for the Broker and (d) certain permitted withdrawals of pledged securities upon delivery to the Broker of a letter of direction substantially in the form of Exhibit E attached hereto.
Sample 1
Limited Withdrawals. After the Depositary Bank has received notice of an Unmatured Event of Default or an Event of Default from the Agent, the Depositary Bank shall not comply with any entitlement order from the Pledgor requiring a free delivery of any financial assets from the Account nor deliver any such financial assets to the Pledgor nor pay any free credit balance or other amount owing from the Depositary Bank to the Pledgor with respect to the Account (each such delivery or payment being herein referred to as a “withdrawal”) but shall instead only comply with the instructions of the Agent.
Sample 1

Related to Limited Withdrawals

  • Transfers and Withdrawals 26 Section 11.1 Transfer......................................................... 26 Section 11.2 Limited Partners' Rights to Transfer............................. 26 Section 11.3

  • Deposits and Withdrawals Each person when depositing such securities or similar investments in or withdrawing them from a Securities Depository or when ordering their withdrawal and delivery from the safekeeping of the Custodian, shall comply with the requirements of Rule 17f-2(e).

  • Permitted Withdrawals From Escrow Account Withdrawals from the Escrow Account or Accounts may be made by the Servicer only:

  • Permitted Withdrawals and Transfers from the Distribution Account (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes (limited in the case of amounts due the Master Servicer to those not withdrawn from the Master Servicer Collection Account in accordance with the terms of this Agreement):

  • Permitted Withdrawals From Custodial Account The Servicer shall, from time to time, withdraw funds from the Custodial Account for the following purposes:

  • Demand Withdrawal A Holder may withdraw its Registrable Securities from a Demand Registration at any time prior to the effective time of the Registration Statement covering the applicable Demand Registration by giving written notice of such withdraw prior to the effective time of such Registration Statement. If all Holders withdraw their Registrable Securities from a Demand Registration, the Company shall cease all efforts to secure registration. The Company shall not withdraw a Registration Statement relating to a Demand Registration without the written consent of the Initiating Holders, unless required to do so by law, regulation or upon the request of the SEC.

  • Interest and Withdrawal No interest shall be paid by the Partnership on Capital Contributions. No Partner shall be entitled to the withdrawal or return of its Capital Contribution, except to the extent, if any, that distributions made pursuant to this Agreement or upon termination of the Partnership may be considered as such by law and then only to the extent provided for in this Agreement. Except to the extent expressly provided in this Agreement, no Partner shall have priority over any other Partner either as to the return of Capital Contributions or as to profits, losses or distributions. Any such return shall be a compromise to which all Partners agree within the meaning of Section 17-502(b) of the Delaware Act.

  • Permitted Withdrawals From the Protected Account (a) The Master Servicer may from time to time make withdrawals from the Protected Account for the following purposes:

  • Plan Withdrawals The Borrower or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and the plan sponsor of such Multiemployer Plan shall have notified such withdrawing employer that such employer has incurred a withdrawal liability in an annual amount exceeding $1,000,000;

  • Permitted Withdrawals from the Custodial Account (a) The Master Servicer may, from time to time as provided herein, make withdrawals from the Custodial Account of amounts on deposit therein pursuant to Section 3.07 that are attributable to the Mortgage Loans for the following purposes:

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