Transfers from the Fund Sample Clauses

Transfers from the Fund. Subject to any restrictions imposed by the Act and by Pension Legislation, and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to a RLSP or an RLIF, or used to purchase a life annuity in accordance with paragraph 60(l) of the Act. Where the Fund holds identifiable and transferable securities, the transfer or purchase may, unless otherwise stipulated, at the option of the Trustee and with the consent of the Annuitant, be effected by remittance of the investment securities of the Fund. Before transferring property of the Fund, the Trustee will:
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Transfers from the Fund. Subject to any restrictions imposed by the Act and by Pension Legislation, and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to a LIF established under Schedule 1.1 or used to purchase a life annuity in accordance with paragraph 60(l) of the Act. Before transferring property of the Fund, the Trustee will:
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Transfers from the Fund. Subject to any restrictions imposed by the Act and by Pension Legislation, and prior to using the Fund balance to purchase a life annuity contract and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to a LIRA, LIF or LRIF, or used to purchase a life annuity in accordance with paragraph 60(l) of the Act. Where the Fund holds identifiable and transferable securities, the transfer or purchase may, unless otherwise stipulated, at the option of the Trustee and with the consent of the Annuitant, be effected by remittance of the investment securities of the Fund. The Trustee will make the transfer within 30 days of the later of the receipt from the Annuitant of the properly documented transfer request and the maturity of the investment to be transferred. Before transferring property of the Fund, the Trustee will:
Sample 1See All (4)
Transfers from the Fund. Subject to any restrictions imposed by the Income Tax Act and by Pension Legislation, and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to a LIRA, or a LIF, or used to purchase a life annuity in accordance with paragraph 60(l) of the Income Tax Act. Where the Fund holds identifiable and transferable securities, the transfer or purchase may, unless otherwise stipulated, at the option of the Trustee and with the consent of the Annuitant, be effected by remittance of the investment securities of the Fund. Before transferring property of the Fund, the Trustee will:
Sample 1Sample 2Sample 3
Transfers from the Fund. Subject to any restrictions imposed by the Act and by Pension Legislation and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to an RPP that provides for a Variable Benefit, PRPP, LIRA, or prescribed RIF or used to purchase a life annuity in accordance with paragraph 60(l) of the Act. Where the Fund holds identifiable and transferable securities, the transfer or purchase may, unless otherwise stipulated, at the option of the Trustee and with the consent of the Annuitant, be effected by remittance of the investment securities of the Fund. Before transferring property of the Fund, the Trustee will:
Sample 1Sample 2
Transfers from the Fund. Subject to any restrictions imposed by the Act and by Pension Legislation and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to another prescribed RIF or used to purchase a life annuity in accordance with paragraph 60(l) of the Act. Where the Fund holds identifiable and transferable securities, the transfer or purchase may, unless otherwise stipulated, at the option of the Trustee and with the consent of the Annuitant, be effected by remittance of the investment securities of the Fund. Before transferring property of the Fund, the Trustee will:
Sample 1
Transfers from the Fund. Subject to any restrictions imposed by the Act and by Pension Legislation, and prior to using the Fund balance to purchase a life annuity contract and after payment to the Annuitant of the minimum amount for the year, the property of the Fund may be transferred to an RPP, a LIRA, a LIF or a locked-in account of a voluntary retirement savings plan(if the plan is governed by a legislative authority other than the Quebec Parliament, the member must have joined the plan as part of their employment), or used to purchase a life annuity in accordance with paragraph 60(l) of the Act. Before transferring property of the Fund, the Trustee will:
Sample 1
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Related to Transfers from the Fund

  • Withdrawals or Transfers All requests for withdrawal or transfer will be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing or in any other method acceptable to us. The tax identification number of the recipient must be provided to us before we are obligated to make a distribution. Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements.

  • Transfers From Other Plans We can receive amounts transferred to this Xxxx XXX from the trustee or custodian of another Xxxx XXX as permitted by the Code. In addition, we can accept rollovers of eligible rollover distributions from employer-sponsored retirement plans as permitted by the Code. We reserve the right not to accept any transfer.

  • Permitted Transfers Within Escrow 5.1 Transfer to Directors and Senior Officers

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • Balance Transfers We may permit you to transfer balances and obligations that you owe other companies or financial institutions to your Account, subject to the terms and conditions disclosed in the Offer Materials (“Balance Transfers”). Balance Transfers will post to your Account and be separately reflected on monthly Account statements as a Balance Transfer, or, depending upon the offer, may post to the Account and be treated as a Purchase or an Advance. We will, in connection with any Balance Transfer offer we make, provide you with materials that explain how the Balance Transfer will post to your Account and be reflected on monthly Account statements. You may not request Balance Transfers on existing obligations you owe us or our affiliates. If you request a Balance Transfer that would cause your Account to exceed its Revolve Limit, we may, at our option, (a) post the entire Balance Transfer requested to your Account; (b) post only a portion of the Balance Transfer requested to your Account up to the amount of credit available under the Revolve Limit; or (c) refuse to process the entire amount of the Balance Transfer requested.

  • Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.

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