Voluntary Withdrawals. To the extent permitted by the Employer as specified in the Adoption Agreement, a Member may voluntarily withdraw some or all of his Account (other than his 401(k) deferrals and Employer qualified nonelective contributions treated as 401(k) deferrals except as hereinafter permitted) while in Employment by filing a notice of withdrawal with the TPA; provided, however, that in the event his Employer has elected to provide annuity options under Section 7.3 and the Member elects an annuity form of payment, no withdrawals may be made from a married Member’s Account without the written consent of such Member’s Spouse (which consent shall be subject to the procedures set forth in Section 7.3). Only one in-service withdrawal may be made in any Plan Year from each of the rollover amount of the Member’s Account and the remainder of the Member’s Account. This restriction shall not, however, apply to a withdrawal under this Section in conjunction with a hardship withdrawal. Notwithstanding the foregoing paragraph, a Member may not withdraw any matching, basic, supplemental, profit sharing or, solely in the case of the events described in clause (iii) or (iv), qualified nonelective contributions made by the Employer under Article III unless (i) the Member has completed 60 months of participation in the Plan; (ii) the withdrawal occurs at least 24 months after such contributions were made by the Employer; (iii) the Employer terminates the Plan without establishing a qualified successor plan; or (iv) the Member dies, is disabled, retires, attains age 59 1/2 or has a severance from employment. For purposes of the preceding requirements, if the Member’s Account includes amounts which have been transferred from a defined contribution plan established prior to the adoption of the Plan by the Employer, the period of time during which amounts were held on behalf of such Member and the periods of participation of such Member under such defined contribution plan shall be taken into account. Effective as of January 1, 1997, if an Employer does not permit Members to make withdrawals from their Account while employed and a Member has attained age 70 1/2 prior to terminating employment with his Employer, such Member may withdraw some or all of his Account under the terms and provisions of this Section 7.2. If an Employer, in the Adoption Agreement, permits Members to withdraw 401(k) deferrals and qualified non-elective contributions (and the income allocable to each) while employed ...
Voluntary Withdrawals. A Partner may withdraw capital from their Capital Account only in accordance with the following procedures and limitations and those set forth in Sections 4.4.2 and 5.4, unless the General Partner consents (which consent may be granted or withheld in its sole and absolute discretion) to a deviation from one or more of such procedures or limitations: (i) a Limited Partner may not make a withdrawal at any time other than the last day of a calendar month; and (ii) a Limited Partner must give written Notice to the General Partner at least thirty (30) days before the proposed Effective Time of a withdrawal. Any withdrawal request that would result in a Partner having a Capital Account with a Net Asset Value of less than $1,000 will be treated as a withdrawal in full.
Voluntary Withdrawals. A Partner may withdraw their Units only in accordance with the following procedures and limitations and those set forth in Sections 4.4.2 and 5.4, unless the General Partner consents (which consent may be granted or withheld in its sole and absolute discretion) to a deviation from one or more of such procedures or limitations: (i) a Limited Partner may not make a withdrawal at any time other than the last day of a calendar month; and (ii) a Limited Partner must give written Notice to the General Partner at least thirty (30) days before the proposed Effective Time of a withdrawal. Any withdrawal request that would result in a Partner having in aggregate Units with a Net Asset Value of less than $1,000 will be treated as a withdrawal in full.
Voluntary Withdrawals. A Non-Managing Member has the right to withdraw, upon at least thirty (30) days’ prior written notice to the Managing Member, all or a portion of its Capital Account balance as of the last calendar day of each month. Withdrawal requests are irrevocable unless the Managing Member determines otherwise in its sole and absolute discretion, or unless made during a period when the calculation of the Net Asset Value of the Company is suspended. The Managing Member may waive notice requirements or permit withdrawals at such other times, under such other circumstances and on such conditions as it deems appropriate. Each date on which a withdrawal is permitted or required is referred to as a “Withdrawal Date.”
Voluntary Withdrawals. Effective May 1, 1991 and subject to Section 21.10, a Participant may elect, in a manner and on a form prescribed by the Committee, to withdraw any amount in his or her Prior Plan Employee Account and any vested amount in his or her Prior Plan Matching Account and his or her Company Account. Withdrawals prior to May 1, 1991 from a Participant's Prior Plan Accounts shall be governed by the provisions of Article VII in the Plan prior to this Amendment and Restatement of the Plan. Withdrawals on or after May 1, 1991 from a Participant's Company Account are limited to amounts which were not allocated to the Participant's Company Account during the two-year period preceding the withdrawal.
Voluntary Withdrawals. No Member shall have the right or power to withdraw from the LLC without the written consent of all other Members remaining at the time. Any attempt to withdraw from the LLC shall constitute wrongful conduct and shall be a breach of this Agreement which will authorize the LLC to recover from the withdrawing Member damages, costs, and expenses (including attorney’s fees) and any other remedies provided by applicable law.
Voluntary Withdrawals. Any Member may withdraw from the Company if:
(a) during the first two years from the date hereof, contracts awarded to the Company do not aggregate ________________________________________;
(b) during the third and fourth years from the date hereof, contracts awarded to the Company do not aggregate ________________________________;
(c) in any year thereafter, contracts awarded to the Company do not aggregate _______________________________; or
(d) in the event of a notice specifying Additional Contributions in excess of an aggregate of ______________________________________.
Voluntary Withdrawals. Parent who elect to voluntarily withdraw their Student from the School on or after August 1, 2023 will be responsible for all tuition due through the end of the current academic trimester (or end of the 1st trimester for those that withdraw between August 1 and the start of school). Withdrawal is deemed effective at the later of the following: (i) date a formal withdrawal is delivered to the School’s Principal and Director of Enrollment Management or (ii) the last day that the Student attends a class. The School reserves the right to withhold all Student records until all financial obligations have been met. All fees previously paid, including the Tuition Deposit (for all new students), are non-refundable regardless of withdrawal date.
Voluntary Withdrawals. Any Member may voluntarily withdraw ----------- --------------------- all or any part of the cash value of his or her Account after giving written notice at least five (5) business days in advance of withdrawal to the Manager Member. A Member's voluntary withdrawal shall be effective on the last day of the month in which notice of such withdrawal is given, provided such notice is given five (5) days in advance of the end of the month (and at the end of the following month if not), and such Member shall receive the distribution of the cash value of his or her Account within ten (10) days after the beginning of the following month.
Voluntary Withdrawals. If a Resident chooses to withdraw from the Residence for any other reason, a $500 Withdrawal Fee is charged for early termination of this agreement. In addition, the Resident will also be responsible for the Residence room fees unless Humber Residences are able to rent the room to another student who is not already residing at Humber Residences and who meets the admissions requirements. The Withdrawal will not be processed until an official Residence Withdrawal Form is submitted. This form is located at xxxxxx.xx/xxxxxxxxx/xxxxxxxxxx-xxxx. This is the only accepted method Residents may use to withdraw. The Withdrawal must be submitted thirty days in advance of the actual move out and the refund, if approved by the Residence Manager, will be prorated to the date that the room is re-occupied by a new Resident selected by the Residence office, to a maximum of 30 residence nights.
