OTHER EXPENSE WITHDRAWALS Sample Clauses

OTHER EXPENSE WITHDRAWALS. The Contract Owner may notify Nationwide in writing that the Plan has incurred an expense and may direct that the amount be paid from the Guaranteed Fund. The amount withdrawn from the Guaranteed Fund pursuant to this section will be in proportion to the amount of the Plan’s assets held in the Guaranteed Fund when compared to the amounts held in the Plan’s other investment options. Nationwide shall withdraw the amount from the Guaranteed Fund and shall pay the amount to the person or entity specified in the notice.
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OTHER EXPENSE WITHDRAWALS. The Contractholder may notify the Company in writing that the Plan has incurred an expense and may direct that the amount be paid from a Fund or Funds. The Company shall cancel Units equal to the dollar value of the amount and shall pay the amount to the person or entity specified in the notice.

Related to OTHER EXPENSE WITHDRAWALS

  • Withdrawals Each of the Members does hereby covenant and agree that it will not withdraw, resign, retire or disassociate from the Company, except as a result of a Transfer of its entire Interest in the Company permitted under the terms of this Agreement and that it will carry out its duties and responsibilities hereunder until the Company is terminated, liquidated and dissolved under Section 13. No Member shall be entitled to receive any distribution or otherwise receive the fair market value of its Interest in compensation for any purported resignation or withdrawal not in accordance with the terms of this Agreement.

  • 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).

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