Restrictions on Withdrawals. We have the right to require that you give us at least 7 (seven) days written notice to withdraw funds from any type of Savings, NOW, or Money Market Account. We would expect, except in unforeseen circumstances, to give advance notice of our intent to impose this requirement.
Restrictions on Withdrawals. We have the right to require that You give us written notice of Your intention to withdraw funds. We would expect, except in unforeseen circumstances, to give advance notice of our intent to impose this requirement.
Restrictions on Withdrawals. We have the right to require that you give us at least seven (7) days' written notice to withdraw funds from a Savings or Money Market Deposit Account. We may, except in unforeseen circumstances, give advance notice of our intent to impose this requirement. Except for a Checking or Money Market Account, we can require that you make withdrawals which are made in person only at the office where you opened the account. These accounts are governed by separate contracts and by the rules in this Agreement for the type of XXX, Education Savings, or Health Savings Account opened. We record transactions for this account in your passbook or on sep- arate documents. To make a passbook withdrawal, you must present the passbook and verify the balance before you leave. If you lose the passbook, inform us right away. At our option, we may allow any person who has the right to with- draw money from your passbook account to withdraw money from the account without presentment of the passbook. You agree we will not be liable for any withdrawal made without presentment of a pass- book that we allow in good faith. Every payment which we make to a person presenting your pass- book to us with a signed withdrawal order will be valid, provided we exercise reasonable care. This means that if anyone obtains posses- sion of your passbook and withdraws from your account by forging your signature on a withdrawal form, we will not be liable to you for the amount withdrawn unless you notified us that the passbook was lost prior to the withdrawal or we were negligent in permitting the withdrawal. Our record of the transactions to your account is the offi- cial bank record of such transactions. If there is a difference between our records and the information on the passbook, we will consider our records to be correct.
Restrictions on Withdrawals. 9.3.1 The Borrower shall have signing rights on the General Account and the Rental Income Account provided that the Bank shall have sole signing rights in each case if an Event of Default is subsisting and the Bank gives notice to the Borrower that it requires to have such sole signing rights.
9.3.2 Despite any other provision of this clause 9, no withdrawal may be made by the Borrower from the Rental Income Account or the General Account if an Event of Default is continuing or would occur as a result of that withdrawal, except with the prior written consent of the Bank or to pay sums owed to the Bank in accordance with this agreement.
9.3.3 On the Repayment Date or upon any part of the Loan becoming immediately due and payable under this Agreement, the monies standing to the credit of the Rental Income Account or the General Account may be applied by the Bank in or towards payment of the Secured Obligations.
Restrictions on Withdrawals. Withdraw any funds from any Account, or allow any of the Significant Subsidiary Holding Companies or Significant Subsidiaries to make, any payment to any Affiliate of the Borrower (including the payment of any management or other fees) except that: (i) on the Amendment Effective Date, the Borrower shall be entitled to withdraw from the Holding Account, and to the extent that the amount in the Holding Account is not sufficient, from the Revenue Account, an amount sufficient to pay all the fees described in Sections 2.3(a), 2.3(b) and 2.3(c) hereof and the expenses described in Section 9.5(a) hereof; (ii) the Borrower may on any Borrower Distribution Date occurring during the period starting on the Amendment Effective Date and ending on June 30, 2003, withdraw funds on deposit in the Holding Account to make optional prepayments pursuant to Section 2.5; (iii) the Borrower may on any Borrower Distribution Date occurring during the period starting on the Amendment Effective Date and ending on (and inclusive of ) the last Borrower Distribution Date on which a payment is to be made pursuant to Section 2.6(a), withdraw funds on deposit in the Holding Account to prepay any amount required to be paid pursuant to Section 2.6(a); and (iv) on each Borrower Distribution Date the Borrower shall be permitted to make withdrawals ("Permitted Withdrawals") from the Holding Account in an amount not to exceed the cash available in the Holding Account at such time (or in the case of any Borrower Distribution Date prior to June 30, 2003, the amount, if any, of cash then available in the Holding Account in excess of $6,000,000 (less the aggregate principal amount of all prepayments made by the Borrower on or prior to such date pursuant to clauses (ii) and (iii) of this Section 6.5)) if: (a) the Debt Service Coverage Ratio as of the most recent fiscal quarter end for the four consecutive fiscal quarter period then ended shall be greater than 1.50 to 1.00, and the Projected Debt Service Coverage Ratio as of the most recent fiscal quarter end for the four consecutive fiscal quarter period then next commencing, shall be greater than 1.50 to 1.00; (b) no Default or Event of Default shall have occurred and then be continuing; and (c) no event or condition shall be in existence permitting, under any of the Primary Financing Documents, restrictions to be placed on the payment of dividends or distributions in respect of the equity of any Primary Significant Subsidiary; provided, that in t...
Restrictions on Withdrawals. No money shall be withdrawn from the Operating Reserve Account under Section 4.04 or Section 4.05 unless at such time there remain no funds on deposit in any other Liquidity Account.
Restrictions on Withdrawals. 1) No withdrawals are permitted for Lifetime Income Only Payout Options (single or joint life).
2) Withdrawals are allowed only from the variable Income Payment portion of the Contract.
3) With exception to full withdrawals from Certain Period Only Contracts, withdrawals are not permitted if Semi-Annual Benefit Leveling is currently in effect.
4) With the exception of full withdrawals from Certain Period Only Contracts, there must be at least five (5) years of Certain Period Income 03017N Payments remaining after the withdrawal has been made.
Restrictions on Withdrawals. In accordance with applicable law, we reserve the right to require you to provide written notice of any intended withdrawals from any account other than demand deposit or share certificate account(s) of not less than seven (7) but not more than sixty (60) days before the intended date of withdrawal. For all accounts, if there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction, and will advise when required by applicable law if; for example: (1) there is a dispute between account owners; (2) a legal garnishment, attachment or levy is served on us; (3) the account(s) secures any obligation owed to us; (4) any required documentation has not been provided to us; or (5) you are delinquent or fail to pay a loan or any other obligation owed to us when due. If we freeze any account – we will only be obligated to remove the freeze upon receipt of either an agreement signed by all interested persons, or a legal document, which meets our requirements or when the account is returned to good standing. In addition to the foregoing if any person should instruct the Credit Union to make a large cash withdrawal (the definition of which shall be within the Credit Union’s sole discretion) in lieu of other methods of transferring funds offered by the Credit Union, the Member hereby releases the Credit Union from any and all liability, claims and demands whatsoever which arise from or in any way relate to the Member’s possession of any large sums of cash from the moment possession of same is made available to the Member; and Member will execute and deliver any further releases the Credit Union may require in connection with any such withdrawal.
Restrictions on Withdrawals. Borrowers shall have no right to, and shall not, make any withdrawals from any Deposit Accounts other than withdrawals from the Disbursement Accounts for Permitted Payments so long as no Potential Event of Default or Event of Default shall then exist and be continuing.
Restrictions on Withdrawals. Withdrawals and transfers from your Account may be restricted as provided in the Agreement, in applicable Schedules or by applicable law. We do not have to allow you to make a withdrawal from your Account if your Available Balance is not sufficient to cover the full amount of the withdrawal. We also may refuse to allow a withdrawal if there is a dispute about the Account, the Account is subject to legal process, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented or you fail to repay an obligation to us on time.
