TRANSFERS TO ANOTHER FINANCIAL INSTITUTION Sample Clauses

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) At the Request of a Participant: The Withdrawal Value of a Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if any. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account.
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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. 320 3.5 Transfers Involving a Similar Contract of Another Employer . . . . . . . . . . . . . . . 330 IV. ANNUITIES 4.1 Annuity Elections . . . . . . . . . . . . . . . . . 400 4.2 Annuity - Single Sum Payment Combination. . . . . . 400 4.3 Small Annuities and Accounts. . . . . . . . . . . . 400 4.4 Terms of Payment of Annuities . . . . . . . . . . . 400 4.5 Payees. . . . . . . . . . . . . . . . . . . . . . . 420 V. CHANGES 5.1 Changes by Prudential . . . . . . . . . . . . . . . 500 5.2 Changes by Agreement. . . . . . . . . . . . . . . . 500 5.3 Changes to Conform to Law . . . . . . . . . . . . . 500 5.4 Persons Empowered to Act for Prudential . . . . . . 500
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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. GVA-1000-87(24) Serial 310 3.3-3.4
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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. . . . 330 3.5 Transfers Involving a Similar Contract of Another Employer. . . . . . . . . . . . . . . . . . 350
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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. Effective January 1, 1987, the Contract-Holder may transfer, pursuant to the request of a Participant, a portion of such Participant's Account(s) to another financial institution, if such transfer is permitted by the terms of the Plan. Such transfer will be permitted on the same basis as partial transfers are permitted between Related Contracts (i.e., companion contracts) under the Contracts, except that any charges otherwise applicable to withdrawals under the Contracts will apply to the amount elected for transfer.
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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total transfers at the Request of a Participant: The Withdrawal Value of a Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if any. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. GVA-120-87 (10/11) (as modified by Group Annuity Amendment Form GAA-7764) Serial 330 3.2-3.4 The transfer will be a full settlement of Prudential's liability for the Participant's Account.
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TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers at the Request of a Participant: The Contract-Holder may transfer, pursuant to the request of a Participant, the Withdrawal Value of any of the Participant's Accounts to another financial institution. The transfer may be made directly to that institution or by a payment (or payments) to the Contract-Holder who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made.
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Related to TRANSFERS TO ANOTHER FINANCIAL INSTITUTION

  • Location of Financial Institution Regardless of any provision in any other agreement, for purposes of the UCC, New York will be the location of the bank for purposes of Sections 9-301, 9-304 and 9-305 of the UCC and the securities intermediary for purposes of Sections 9-301 and 9-305 and Section 8-110 of the UCC.

  • EEA Financial Institutions No Loan Party is an EEA Financial Institution.

  • EEA Financial Institution No Loan Party is an EEA Financial Institution.

  • Reliance by Financial Institution The Financial Institution is not obligated to investigate or inquire whether the Secured Party may deliver a Secured Party Order. The Financial Institution may rely on communications (including Secured Party Orders) believed by it in good faith to be genuine and given by the proper party.

  • Transfers to Non-QIB Institutional Accredited Investors The following provisions shall apply with respect to the registration of any proposed transfer of a Note to any Institutional Accredited Investor which is not a QIB (excluding Non-U.S. Persons):

  • Disqualified Institutions (i) No assignment or participation shall be made to any Person that was a Disqualified Institution as of the date (the “Trade Date”) on which the assigning Lender entered into a binding agreement to sell and assign or grant a participation in all or a portion of its rights and obligations under this Agreement to such Person (unless the Company has consented to such assignment or participation in writing in its sole and absolute discretion, in which case such Person will not be considered a Disqualified Institution for the purpose of such assignment or participation). For the avoidance of doubt, with respect to any assignee or Participant that becomes a Disqualified Institution after the applicable Trade Date (including as a result of the delivery of a notice pursuant to, and/or the expiration of the notice period referred to in, the definition of “Disqualified Institution”), (x) such assignee or Participant shall not retroactively be disqualified from becoming a Lender or Participant and (y) the execution by the Company of an Assignment and Assumption with respect to such assignee will not by itself result in such assignee no longer being considered a Disqualified Institution. Any assignment or participation in violation of this clause (e)(i) shall not be void, but the other provisions of this clause (e) shall apply.

  • Affected Financial Institutions No Loan Party is an Affected Financial Institution.

  • Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEAAffected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEAthe applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Acknowledgement and Consent to Bail-In of Affected Financial Institutions Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Financial Institution The Financial Institution will not be liable under this Agreement, except for (i) its own willful misconduct, bad faith or negligence or (ii) breach of its representations and warranties in this Agreement. The Financial Institution will not be liable for special, indirect or consequential losses or damages (including lost profit), even if the Financial Institution has been advised of the likelihood of the loss or damage and regardless of the form of action.

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