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withdraws from your account by forging your signature on a withdrawal form, we will not be liable to you for the amount withdrawn unless you notified us that the passbook was lost prior to the withdrawal or we were negligent in permitting the withdrawal.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. (a) The Borrower shall not make or purport to make a withdrawal or transfer from, and the Account Bank shall not permit a withdrawal or transfer from, the Collection Account unless:
(i) no Event of Default or Early Amortisation Event has occurred; and
(ii) such withdrawal or transfer would not cause the Collection Account to become overdrawn by an amount exceeding $25,000 in the aggregate.
(b) If at any time an Early Amortisation Event has occurred, the Security Agent shall, on the instructions of the Majority Lenders, by written notice to the Account Bank, specify that no withdrawal from the Collection Account may be made without the prior written consent of the Security Agent and/or that the Security Agent is empowered to exercise full control over the Collection Account to the exclusion of the Borrower, Provided That the Borrower shall be entitled to issue a written request to the Account Bank requesting that an aggregate amount not exceeding "X" (calculated by the Facility Agent in accordance with Schedule 7 (Allocation of cashflows following an Early Amortisation Event)) may be withdrawn from the Collection Account and the Security Agent shall promptly provide the Account Bank with its written consent to such withdrawals:
(i) if such Early Amortisation Event occurred during or prior to the fiscal Month covered by the most recent Monthly Report delivered pursuant to Clause 19.6 (Monthly Reports) and that Monthly Report shows that the Maximum Advance Ratio does not exceed 0.8 to 1; or
(ii) if such Early Amortisation Event occurred after the fiscal Month covered by the most recent Monthly Report delivered pursuant to Clause 19.6 (Monthly Reports) and the Borrower delivers an additional report (in the form set out in Schedule 8 (Monthly Report)) which shows that the Maximum Advance Ratio does not exceed 0.8 to 1 following the occurrence of such Early Amortisation Event. For this purpose:
(A) the daily remittance of funds to the Borrower shall be permitted without requiring the delivery of any further request by the Borrower so long as the Borrower is in compliance with its obligations to deliver the Monthly Reports pursuant to Clause 19.6 (Monthly Reports) and such Monthly Report(s) show that the Maximum Advance Ratio does not exceed 0.8 to 1; and
(B) on each such proposed date of withdrawal by the Borrower, the Facility Agent and/or the Security Agent shall apply an amount equivalent to "Y" (as computed in accordance with the formula set out in Schedule ...
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. Bank has the right to require that Depositor give us at least 7 days written notice to withdraw funds from a Savings Account and Money Market Account. Bank would expect, except in unforeseen circumstances, to give advance notice of our intent to impose this requirement. We are prohibited by law from imposing the notice requirement on any depositor with this type of account unless the notice is required of all depositors with this type of account. Bank can require that you make withdrawals which are made in person only at the office where you opened the account.
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.
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. No Partner shall have any right to withdraw any amount or receive any distribution from the Partnership except as expressly provided for in this Agreement and as permitted by applicable Law. The Partners shall not be entitled to interest on any amounts standing to their credit in the Capital Accounts of the Partnership.
