TRANSFERS TO ANOTHER FUNDING AGENT Sample Clauses

TRANSFERS TO ANOTHER FUNDING AGENT. (a) At the Request of a Participant: The Contract-Holder may transfer, pursuant to the request of a Participant, the Withdrawal Value of the Participant's Account to an annuity contract issued to the Contract-Holder which meets the conditions of Section 457 of the Federal Internal Revenue Code and is provided by 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. 9/84
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TRANSFERS TO ANOTHER FUNDING AGENT. (a) At the Request of a Participant: The Withdrawal Value of a Participant's Account may be transferred to an individual retirement account or individual retirement annuity contract provided by 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 in full settlement of Prudential's liability for the Participant's Account.
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TRANSFERS TO ANOTHER FUNDING AGENT. 310 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. . . . . . . . . . . . . . . . . . . . . . . 410 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 FUNDING AGENT. (a) At the Request of a Participant: The Withdrawal Value of a Participant's Account may be transferred to an individual retirement account or individual retirement annuity contract provided by 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 in full settlement of Prudential's liability for the Participant's Account. GVA-1000 Serial 310 3.3.-3.4
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TRANSFERS TO ANOTHER FUNDING AGENT. . . . . . . . 330 3.5 Transfers Involving a Similar Contract of Another Employer. . . . . . . . . . . . . . . . . . . 340
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TRANSFERS TO ANOTHER FUNDING AGENT. (a) At the Request of a Participant and subject to written authorization from the Contract-Xxxxxx: The Withdrawal Value of a Participant's Account may be transferred to an annuity contract which meets the conditions of Section 403(b) of the Federal Internal Revenue Code and is provided by 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 both the transfer request and written authorization from the Contract-Holder. The transfer will be a full settlement of Prudential's liability for the Participant's Account. GVA-7454 Serial 310 3.3-3.4
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TRANSFERS TO ANOTHER FUNDING AGENT. (a) At the Contract-Xxxxxx's Request: The Contract-Holder may request Prudential to make transfer payments to a funding agent named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th day after its receipt by Prudential. All Participants' Accounts will be cancelled as of the Transfer Date. A single liquidation account will be established equal to the sum of the Withdrawal Values expressed in Units of the cancelled Accounts. On the Transfer Date Prudential will withdraw the Units from the liquidation account. The product of the number of Units withdrawn and the Unit Value for the day of withdrawal will be transferred within seven days thereafter. GVA-110-82 Serial 310 3.3-3.4 Instead of making the transfer payment in cash, Prudential may make all or a part of it in the form of securities representing a uniform percentage of each holding of the separate investment account described in section 2.1.
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TRANSFERS TO ANOTHER FUNDING AGENT. (a) At the Request of a Participant: The Withdrawal Value of a Participant's Account may be transferred to an annuity contract which meets the conditions of Section 403(b) of the Federal Internal Revenue Code and is provided by 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 the transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account. GVA-120-82 Serial 310 3.3-3.4
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TRANSFERS TO ANOTHER FUNDING AGENT. 310 3.5 Transfers Involving a Similar Contract of Another Employer ................................ 320 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 ............................................. 410 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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Related to TRANSFERS TO ANOTHER FUNDING AGENT

  • Transfers to QIBs The following provisions shall apply with respect to the registration of any proposed transfer of a Note constituting a Restricted Security to a QIB (excluding transfers to Non-U.S. Persons):

  • Transfers to Affiliates Notwithstanding the provisions of Section 7.1, a Partner may, without the consent of the other Partner, Transfer all or a portion of its Interest to an Affiliate of such Partner, so long as such Affiliate is admitted to the Partnership as a Partner pursuant to Section 7.3, and provided further that such Affiliate is not a Benefit Plan Investor.

  • Maintenance of Offices or Agencies for Registration of Transfer, Exchange and Payment of Debt Securities The Company will maintain in each Place of Payment for any series of Debt Securities an office or agency where Debt Securities of such series may be presented or surrendered for payment, and it shall also maintain (in or outside such Place of Payment) an office or agency where Debt Securities of such series may be surrendered for transfer or exchange and where notices and demands to or upon the Company in respect of the Debt Securities of such series and this Indenture may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the office of the Trustee where its corporate trust business is principally administered in the United States, and the Company hereby appoints the Trustee as its agent to receive all presentations, surrenders, notices and demands. The Company may also from time to time designate different or additional offices or agencies to be maintained for such purposes (in or outside of such Place of Payment), and may from time to time rescind any such designation; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations described in the preceding paragraph. The Company will give prompt written notice to the Trustee of any such additional designation or rescission of designation and any change in the location of any such different or additional office or agency.

  • Book-Entry Provisions for Global Security (a) Any global Security of a Series initially shall (i) be registered in the name of the depository who shall be identified in the Authorizing Resolution or supplemental indenture relating to such Securities (the "Depository") or the nominee of such Depository, (ii) be delivered to the Trustee as custodian for such Depository and (iii) bear any required legends. Members of, or participants in, the Depository ("Agent Members") shall have no rights under this Indenture with respect to any global Security held on their behalf by the Depository, or the Trustee as its custodian, or under the global Security, and the Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of the global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depository or impair, as between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Security.

  • Registration of Transfer and Exchange of Capital Securities Certificates (a) The Property Trustee shall keep or cause to be kept, at the office or agency maintained pursuant to Section 5.9, a register or registers for the purpose of registering Trust Securities Certificates and transfers and exchanges of Capital Securities Certificates (the "Securities Register") in which the registrar designated by the Property Trustee (the "Securities Registrar") with the reasonable consent of the Administrative Trustees, subject to such reasonable regulations as it may prescribe, shall provide for the registration of Capital Securities Certificates and Common Securities Certificates (subject to Section 5.11 in the case of the Common Securities Certificates) and registration of transfers and exchanges of Capital Securities Certificates as herein provided. The Bank shall be the initial Securities Registrar. Upon surrender for registration of transfer of any Capital Securities Certificate at the office or agency maintained pursuant to Section 5.9, the Administrative Trustees or any one of them shall execute by manual or facsimile signature and deliver to the Property Trustee for further delivery, in the name of the designated transferee or transferees, one or more new Capital Securities Certificates in authorized denominations of a like aggregate Liquidation Amount dated the date of execution by such Administrative Trustee. The Securities Registrar shall not be required to register the transfer of any Capital Securities that have been called for redemption. At the option of a Holder, Capital Securities Certificates may be exchanged for other Capital Securities Certificates in authorized denominations of the same class and of a like aggregate Liquidation Amount upon surrender of the Capital Securities Certificates to be exchanged at the office or agency maintained pursuant to Section 5.9. Every Capital Securities Certificate presented or surrendered for registration of transfer or exchange shall be accompanied by a written instrument of transfer in form satisfactory to the Securities Registrar duly executed by the Holder or his attorney duly authorized in writing. Each Capital Securities Certificate surrendered for registration of transfer or exchange shall be cancelled and subsequently disposed of by the Property Trustee or Securities Registrar in accordance with such Person's customary practice. No service charge shall be made for any registration of transfer or exchange of Capital Securities Certificates, but the Securities Registrar may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Capital Securities Certificates. The provisions of Sections 8.1, 8.3 and 8.6 herein shall apply to the Bank also in its role as Securities Registrar, for so long as the Bank shall act as Securities Registrar. Whenever this Trust Agreement makes reference to the execution of Trust Securities Certificates, such reference to execution shall mean manual execution by an Administrative Trustee or, in the alternative, execution by facsimile signature by an Administrative Trustee and authentication by the Property Trustee. Capital Securities Certificates bearing the manual or facsimile signatures of individuals who were at any time the proper Administrative Trustees of the Issuer Trust shall bind the Issuer Trust, notwithstanding that such individuals or any of them have ceased to hold such office prior to the authentication and delivery of such Capital Securities Certificates or did not hold such offices at the date of such Capital Securities Certificates. Each Capital Securities Certificate that is executed by facsimile and authenticated by the Property Trustee shall be dated the date of its authentication.

  • Notices, Transfers, Etc (a) Any notice or written communication required or permitted to be given to the Holder may be given by certified mail or delivered to the Holder at the address most recently provided by the Holder to the Company.

  • Book-Entry Provisions for Global Securities (a) The Global Securities initially shall (i) be registered in the name of the Depository or the nominee of such Depository, (ii) be delivered to the Trustee as custodian for such Depository and (iii) bear legends as set forth in Exhibit B. Members of, or participants in, the Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the Depository, or the Trustee as its custodian, or under the Global Security, and the Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of the Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depository or impair, as between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Security.

  • Transfers, etc (a) The Company will maintain a register containing the name and address of the Registered Holder of this Warrant. The Registered Holder may change its or his address as shown on the warrant register by written notice to the Company requesting such change.

  • Book-Entry Provisions for Global Notes (a) The Global Notes initially shall (i) be registered in the name of the Depository or the nominee of such Depository, (ii) be delivered to the Trustee as custodian for such Depository and (iii) bear legends as set forth in Exhibit B, as applicable. Members of, or participants in, the Depository (“Participants”) shall have no rights under this Indenture with respect to any Global Note held on their behalf by the Depository, or the Trustee as its custodian, or under the Global Note, and the Depository may be treated by the Issuer, the Trustee and any agent of the Issuer or the Trustee as the absolute owner of the Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuer, the Trustee or any agent of the Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depository or impair, as between the Depository and Participants, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

  • Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes The Trustee, any Paying Agent, any Conversion Agent, Bid Solicitation Agent (if other than the Company or any Affiliate thereof) or Note Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the same rights it would have if it were not the Trustee, Paying Agent, Conversion Agent, Bid Solicitation Agent or Note Registrar.

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