Permissible Withdrawals Sample Clauses

Permissible Withdrawals. The Servicer may make withdrawals from each related Custodial P&I Account solely for the following: (a) remittances to the related Certificate Account; (b) reimbursement to itself for advances which have been recovered by subsequent collections including late payments, Liquidation Proceeds or Insurance Proceeds, to the extent funds on deposit recovered by such subsequent collections relate to the Mortgage Loans as to which such advances were made; (c) interest earnings on deposits to the related Custodial P&I Account, but only to the extent that such interest has been credited; (d) removal of amounts deposited in error; (e) removal of charges or other such amounts deposited on a temporary basis in the account; (f) removal of Servicing Fees to the extent deposited therein; and (g) termination of the account.
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Permissible Withdrawals. With respect to each related Borrower, the Servicer may make withdrawals from each respective Custodial T&I Account to the extent of the balance of such related Borrower's Escrow Funds for the following: (a) timely payment of such related Borrower's taxes and insurance premiums; (b) refunds to such related Borrower of excess Escrow Funds collected from such Borrower; (c) recovering T&I Advances made with respect to such related Borrower by the Servicer; (d) payment of interest, if required, to such related Borrower on his Escrow Funds; (e) removal of any deposits made in error; and (f) termination of the account.
Permissible Withdrawals. 6.2.4. Account Beneficiary......................................... 6.2.5.
Permissible Withdrawals. Subject to any Unit Designation, no Member may withdraw from the Company other than: (i) As a result of a Permitted Transfer of all of such Member’s Units in accordance with this Article VIII with respect to which the transferee becomes a Substituted Member; (ii) Pursuant to an acquisition by the Managing Member of all of its Membership Interests; or (iii) With the consent of the Company.
Permissible Withdrawals. A Partner may withdraw all or any part of his Capital Account (as defined in Section 5.01) in the manner and to the extent provided in Section 8.02.
Permissible Withdrawals. All Limited Partners will receive a profit distribution equal to 70% of increase in Net Asset Value at the end of any quarter proportionate to their capital account balances as described in Section 7.01 (c). In addition, a Limited Partner may withdraw all or any of the value in such Limited Partner’s Capital Account in the manner and to the extent provided in Section 8.02 below. The General Partner may withdraw all or any of the value in the General Partner’s Capital Account at any time, from time to time, without the consent of the Limited Partners and without notice to any of the Limited Partners.
Permissible Withdrawals. The Client may at any time give instructions to Komainu for the withdrawal of Client Assets from the Wallets.
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Permissible Withdrawals. A Limited Partner may withdraw all or any of the value in such Limited Partner’s Capital Account in the manner and to the extent provided in Section 8.02 below. The General Partner may withdraw all or any of the value in the General Partner’s Capital Account at any time, from time to time, without the consent of the Limited Partners, and without notice to any of the Limited Partners.
Permissible Withdrawals. Subject to any Interest Designation, no Partner may withdraw from the Partnership other than: (i) As a result of a Transfer of all of such Partner’s Interests in accordance with this Article VII or Article XI with respect to which the transferee becomes a Substituted Partner; (ii) Pursuant to an acquisition by the General Partner or Subsidiary of the General Partner of all of its Interests; or (iii) With the consent of the Partnership.
Permissible Withdrawals. If the Plan allows Permissible Withdrawals in Item N(7)(e), a Participant may withdraw the part of his Vested Account resulting from his automatic Elective Deferral Contributions (and earnings attributable thereto) made under the EACA, subject to the requirements below. The Plan will not fail to satisfy the prohibition on in-service withdrawals of Elective Deferral Contributions described in Section 5.04 merely because it permits such withdrawals. A Permissible Withdrawal may be made without regard to any notice or consent requirements otherwise required under Code Sections 401(a)(11) or 417. In addition, the amount of the withdrawal: (i) is not taken into account in determining the dollar limitation on elective deferrals under Code Section 402(g); (ii) is not included in the ADP Test, or ACP Test, if applicable; and (iii) is not an Eligible Rollover Distribution. A Participant’s request for a withdrawal must be made no later than 90 days after the date the first automatic Elective Deferral Contribution is withheld from the Participant’s Compensation and that would have been included in gross income had it not been withheld. For purposes of determining the date of the first automatic Elective Deferral Contribution under the EACA, an employee who for an entire Plan Year did not have automatic Elective Deferral Contributions made under the EACA is treated as if the employee did not have such Contributions for any prior Plan Year. The request for withdrawal must be effective no later than the earlier of: (i) the pay date for the second payroll period that begins after the date the election is made; and (ii) the first pay date that occurs at least 30 days after the request is made. Unless the Participant elects otherwise, any request for withdrawal shall be treated as an affirmative election to stop having Elective Deferral Contributions made on his behalf as of the effective date of the request for withdrawal. The amount of the withdrawal shall be equal to the amount of the automatic Elective Deferral Contributions made under the EACA through the effective date of the request for withdrawal described above. Such automatic Elective Deferral Contributions shall be adjusted for any income or loss through the date of distribution. The income or loss allocable to such Permissible 54 Withdrawal shall be determined under rules similar to those provided under section 1.401(k)- 2(b)(2)(iv) of the regulations for the distribution of excess contributions. Any fee charge...
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