Participant’s Right to Withdraw Sample Clauses

Participant’s Right to Withdraw. A Participant shall have the right to withdraw all or any part of his or her Account at any time upon written notice to the Custodian using a form acceptable to the Custodian. The Custodian shall make distributions in cash or property, at the value reported by the Custodian at the time of such distribution. The Custodian shall be under no duty or obligation to inquire as to the propriety of any distribution instruction, including any distribution instructions relating to the resignation of the Custodian.
AutoNDA by SimpleDocs
Participant’s Right to Withdraw. A Participant shall have the right to withdraw all of any part of his Account at any time upon written notice to the Custodian using a form acceptable to the Custodian. The Custodian shall make distri- butions under the Plan in cash or property, at the value reported by the Custodian at the time of such distribution. Under Code Section 408A(c)(5), no amount is required to be distributed prior to the death of the Participant for whose benefit the Account was origi- xxxxx established.
Participant’s Right to Withdraw. The Custodian is authorized to receive and add to the Custodia Account the assets of another Xxxx XXX that are transferred to this Plan and which the Participant has determined are eligible for such transfer. The Participant may direct the Custodian in writing to transfer all or any portion of the Participant’s Account to another Xxxx XXX established by or on behalf of the Participant provided that the trustee/custodian of that plan has provided written accep- tance of such assets. The Custodian shall have no responsibility for determining whether any transfer described in in this Section 10.5 above complies with the requirements for a tax-free transfer or whether the custodian, other than the Custodian, or trustee of any IRA involved in such transfer is qualified to serve as such, or of any tax consequences or loss resulting from any attempted or completed transfer. The Custodian’s transfer to, or acceptance of a transfer, under this Section 10.5 shall in no way constitute, or be deemed to be or relied upon as, any such determination, and the Custodian shall have no liability for any tax consequence or loss resulting from any such attempted or completed transfer.
Participant’s Right to Withdraw. A Participant shall have the right to withdraw all or any part of his Account at any time upon written notice to the Custodian using a form acceptable to the Custodian. The Custodian shall make distributions under the Plan in cash or property, at the value reported by the Custodian at the time of such distribution.

Related to Participant’s Right to Withdraw

  • City’s Right to Withhold Payment In the event City becomes credibly informed that any representations of Consulting Engineer/Architect provided in its monthly billing, are wholly or partially inaccurate, City may withhold payment of sums then or in the future otherwise due to Consulting Engineer/Architect until the inaccuracy and the cause thereof, is corrected to City's reasonable satisfaction. In the event City questions some element of an invoice, that fact shall be made known to Consulting Engineer/Architect immediately. Consulting Engineer/Architect will help effect resolution and transmit a revised invoice, if necessary. Amounts not questioned by City shall be paid to Consulting Engineer/Architect in accordance with the contract payment procedures.

  • Right of withdrawal If you are a consumer, you have the right to withdraw from the User Agreement without giving any reason and without penalty within 14 days of your account being opened. To do so, you must, within these 14 days, follow the process to close your account which will end the User Agreement. PayPal thinks consumers should have the choice to use our services or not so we don’t lock you into a contract. This is why, in addition to these mandatory rights, even after 14 days, you can end your agreement by closing your account. By making use of our services during the 14-day withdrawal period you require our services to be provided before the end of the 14-day right of withdrawal period. You will have to pay fees for the services you used (including during the 14-day withdrawal period) up until you close your account and withdraw your balance, if any. All pending transactions will be cancelled when you close your account. See the section “Closing your PayPal account” in the User Agreement for more details.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!