Other Withdrawals Sample Clauses

Other Withdrawals. If so elected by the Employer in the Plan Agreement, a Participant may make a withdrawal from his Employer Contribution Account or Employer -68- 128 Matching Account for any reason upon written request to the Employer (or in such other manner as shall be made available and agreed upon by the Employer and Putnxx), xrovided that (a) the Participant has been a Participant for at least five years, or (b) the withdrawal from such Account is limited to the excess of the balance of such Account on the date of the withdrawal over the aggregate of the amounts credited to such Account during the two year period immediately preceding the date of such withdrawal. No such withdrawal shall exceed the vested portion of the Participant's Account from which the withdrawal is made. A withdrawn amount may not be repaid to the Plan.
AutoNDA by SimpleDocs
Other Withdrawals. The Company will have the right to withdraw assets from the HPS Investment Account (i) to deposit into (x) the Claims Account to the extent required to satisfy any obligations set forth in Section 10(a)(ii) and (y) the Operating Account to the extent required to satisfy any obligations set forth in Section 10(a)(iii), in each case, upon as much prior written notice to the Investment Manager as reasonably practicable; provided that, in each case, if the Company withdraws assets in an amount equal to or greater than 10% of the Net Asset Value of the HPS Investment Account, the Company shall use commercially reasonable efforts to provide thirty (30) Business Days (as defined in Exhibit B) prior written notice to the Investment Manager; provided, further, that, in each case, the Company will use commercially reasonable efforts to re-contribute any excess unused withdrawn assets back into the HPS Investment Account, and (ii) to the extent that any credit facility or letter of credit facility to which the Company is a party requires such withdrawal; provided that the Company will use commercially reasonable efforts to re-contribute such withdrawn assets back into the HPS Investment Account after, and to the extent that, the applicable credit facility or letter of credit facility no longer requires such assets.
Other Withdrawals. The withdrawal of a Member shall also be deemed to occur in the event of the death, expulsion, dissolution, legal incapacity, insolvency, or bankruptcy of such Member. The death, legal disability, incapacity, insolvency, bankruptcy, dissolution or withdrawal of a Member shall not result in the dissolution or termination of the Company.
Other Withdrawals. Withdrawals from the Checking Account may be made by ATM transaction, by pre-authorized transfers, or by home banking. These withdrawals are subject to applicable credit union procedures and agreements, and any applicable fees.
Other Withdrawals. (a)(1) Nondeductible Employee Account
Other Withdrawals. 51 12.5. Loans.......................................................................52 12.6. Procedure; Amount Available.................................................53 12.7.
Other Withdrawals. A Member may withdraw any part of his Account resulting from his Voluntary Contributions subject to the limitations provided in Item Y(1). A Member may withdraw any part of his Account resulting from his Rollover Contributions subject to the limitations provided in Item Y(2). If elected by us in Item Y(4), withdrawals of part of the Member’s Account as provided in Item Y(4) will be permitted at any time after he attains age 59 1/2 subject to the limitations provided in Item Y(4). If elected by us in Item Y(5), withdrawals of part of the Member’s Account as provided in Item Y(5) will be permitted after he has been an Active Member for at least five years subject to the limitations provided in Item Y(5). A request for withdrawal shall be made in such manner and in accordance with such rules as we will prescribe for this purpose (including by means of voice response or other electronic means under circumstances we permit). Withdrawals shall be a retirement benefit and shall be distributed to the Member according to the distribution of benefits provisions of Article VI or VIA, whichever applies. A forfeiture shall not occur solely as a result of a withdrawal.
AutoNDA by SimpleDocs
Other Withdrawals. Except as provided in Section 12.3 of this Agreement, or upon the admission of a substitute Partner in accordance with the provisions of Section 11.4, no Partner shall be entitled to withdraw from the Partnership.
Other Withdrawals. TLIC may make withdrawals from the Participant’s Account as follows: (i) for refunds or other distribution of Contributions as may be required to comply with the Code or any other statute of similar import; (ii) for charges for services described in Sections 3.4, 3.5, 3.6, 3.7, and 3.8 to the extent not paid directly by the Contractholder as determined by TLIC.
Other Withdrawals. TFLIC may make withdrawals from the Participant’s Account for charges for services described in Sections 3.5 and 3.6.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!