Requirements Before Withdrawal Sample Clauses

Requirements Before Withdrawal. Before the Trustee can permit You to transfer out Locked-In Funds as referred to in paragraph 2(a), the proposed transferee institution must agree to administer the amount transferred as required by the Pension Act and the Pension Regulations. You must provide the Trustee or CIBC Asset Management Inc., as its agent, with the name and address of the proposed transferee in order for the Trustee or its agent to request the transferee's agreement to this requirement, and to be able to make the transfer. The Trustee or its agent will advise the subsequent transferee in writing that the amount transferred must be administered as a pension or deferred pension under the Pension Act and the Pension Regulations and the Tax Act.
Sample 1
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Requirements Before Withdrawal. Before the We can permit You to transfer out Locked-In Funds as referred to in paragraph 2(a), the proposed transferee institution must agree to administer the amount transferred as required by the Pension Act and the Pension Regulations. You must provide Us, as it's agent, with the name and address of the proposed transferee in order for Us to request the transferee's agreement to this requirement, and to be able to make the transfer. We will advise the subsequent transferee in writing that the amount transferred must be administered as a pension or deferred pension under the Pension Act and the Pension Regulations and the Tax Act. The date of a transfer under 2(a) must not be later than 30 days after You request it, unless (i) We do not have all the information necessary to complete the transaction, in which case the 30-day period begins to run from the date We have all the necessary information; or (ii) the transfer is in respect of assets held as securities whose term of investment extends beyond the 30-day period. If assets in this LIRA consist of identifiable and transferable securities, We may transfer securities with Your consent.
Sample 1

Related to Requirements Before Withdrawal

  • Early Withdrawal Penalty Unless provided otherwise in the Disclosures, we will assess an early withdrawal penalty on any withdrawal, either partial or in whole, that we allow you to make from your account prior to the account's maturity date. The method for determining that penalty is described in the Disclosures.

  • Early Withdrawal Provisions We will impose a penalty if You withdraw any of the principal funds before the maturity date. The penalty imposed will equal the sum of the $25.00 administrative fee plus 180 days of dividends on the amount withdrawn. Renewal Policies. Your Account will renew automatically upon maturity and You will have a seven-calendar-day grace period immediately following the maturity of Your Account during which You may make withdrawals from Your Account without penalty.

  • Release Requirement Notwithstanding any provision herein to the contrary, except as otherwise determined by the Company, in order for the Grantee to receive Shares pursuant to the settlement of Vested RSUs under Section 6(a), (b), (c), (d) or (e) above, the Grantee (or the representative of his or her estate) must execute and deliver to the Company a general release and waiver of claims against the Company, its Subsidiaries and their directors, officers, employees, shareholders and other affiliates in a form that is satisfactory to the Company (the “Release”). The Release must become effective and irrevocable under applicable law no later than 60 days following the date of the Grantee’s death, termination of employment or transfer of position, as applicable.

  • W-9 Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a properly completed Internal Revenue Service (“IRS”) Form W-9. The purpose of the W-9 form is to document the SS# or FEIN# per the IRS. Note: W-9s submitted for any other entity name other than the Grantee’s will not be accepted.

  • Involuntary Withdrawal Involuntary withdrawal of a Partner shall include, but not be limited to, the following: a.) Death of a Partner; b.) Partner that becomes incapacitated or not able to make decisions on their own as determined by a licensed physician; c.) A handicap of a Partner that prevents the individual from carrying out their Partnership duties and obligations; d.) Incompetence or negligence of a Partner; e.) A Partner’s breach of fiduciary duties;

  • Voluntary Withdrawal If any Partner should withdraw from the Partnership, they must give at least days’ written notice to the Partnership. Such withdrawal shall have no effect on the day-to-day operations of the Partnership.

  • Withdrawal Any holder of Registrable Securities may elect to withdraw such holder’s request for inclusion of Registrable Securities in any Piggy-Back Registration by giving written notice to the Company of such request to withdraw prior to the effectiveness of the Registration Statement. The Company (whether on its own determination or as the result of a withdrawal by persons making a demand pursuant to written contractual obligations) may withdraw a Registration Statement at any time prior to the effectiveness of such Registration Statement. Notwithstanding any such withdrawal, the Company shall pay all expenses incurred by the holders of Registrable Securities in connection with such Piggy-Back Registration as provided in Section 3.3.

  • Hardship Withdrawals Hardship withdrawals, as provided for in paragraph 6.9 of the Basic Plan Document #04, [X] are [ ] are not permitted.

  • Grievance Withdrawal A grievance may be withdrawn at any level without establishing precedent.

  • Are There Penalties for Early Distribution from a Xxxx XXX As indicated above, earnings on your contributions, as well as amounts contributed to a Xxxx XXX as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about Xxxx XXX rules and restrictions.

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