Withdrawal Plan Sample Clauses

Withdrawal Plan. The Debtor shall make withdrawals subject to the following plan. Withdrawal Date shall be business day. SN Withdrawal Date Amount 1 April 8th 2010 ￥5,000,000.00
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Withdrawal Plan. 1. After meeting all the prerequisites for withdrawal, the borrower may make one (one/split) withdrawal. For withdrawals, the withdrawal plan is as follows: Unit (ten thousand yuan, ten thousand dollars, or other): Ten thousand Yuan (The attached table, which is not enough to fill in, shall form an integral part of this Contract) 2. The loan shall be made for the part that has not been used within the aforesaid time and the part that has not been used within the aforesaid time Party B shall have the right to reject the Borrower’s application for withdrawal.
Sample 1
Withdrawal Plan. After the withdrawal plan meets all the prerequisites for withdrawal, the borrower may apply to the lender for withdrawal at one time or in installments, and after the consent of the lender, the specific withdrawal amount, term, interest rate, etc. shall be subject to the borrowing IOU.
Sample 1Sample 2
Withdrawal Plan. Each of PIC and NAHC shall cooperate with OCNJ to ensure that OCNJ will be granted a waiver by the Commissioner of the DOBI pursuant to N.J.A.C. 11:2-29.3(a) obviating the requirement that OCNJ file a formal plan of withdrawal from the business of private passenger automobile insurance in accordance with N.J.A.C. 11:2-29.
Sample 1
Withdrawal Plan. (a) Notwithstanding anything to the contrary in this Agreement, each of Seller Parent, Seller, UIM and Purchaser shall, as soon as reasonably practicable following the date of this Agreement, consult and reasonably cooperate and collaborate with one another in connection with the implementation of a withdrawal plan (the “Withdrawal Plan”) to obtain any approvals or non-disapprovals from Governmental Entities set forth on Section 7.2 of the Seller Disclosure Schedule in order to achieve the successful and prompt withdrawal of Seller from the Northeast Homeowners Lines in the Territory, and in a manner designed to minimize any disruption to the conduct of the Northeast Homeowners Lines by the parties and any delay or impairment in the ability of the parties to consummate the transactions contemplated under this Agreement and the other Transaction Documents. The terms and conditions of Section 6.3(c) and Section 6.3(d) hereof shall apply to this Section 7.2. (b) For the avoidance of doubt, the parties acknowledge and agree that each shall (i) in the first instance, use their commercially reasonable efforts to obtain the approval of each applicable Governmental Entity to allow Seller to cancel or otherwise cease renewing Insurance Policies and for Purchaser or its Affiliate to issue Purchaser Replacement Stub Policies as contemplated by Section 7.1(b)(i) and (ii) to the extent that a Governmental Entity disapproves or it becomes reasonably likely that a Governmental Entity will disapprove or otherwise not approve the use of Purchaser Replacement Stub Policies as contemplated by Section 7.1(b)(i), then the parties shall use their commercially reasonable efforts to implement the Withdrawal Plan to allow Seller to cease renewing Insurance Policies no later than the applicable Non-Renewal Date of each Insurance Policy, and Purchaser or its Affiliate to offer to issue a Purchaser Replacement Policy (excluding Purchaser Replacement Stub Policies) as contemplated by Section 7.1(b)(ii). SECTION 7.3
Sample 1
Withdrawal Plan. (1) Under the non-“Borrowing and Repayment at Any Time” mode, Party A shall make withdrawals according to the plan in item [②] below. ① Withdrawal schedule Planned withdrawal date Withdrawal amount [ ]Day [ ]Month [ ] Year RMB￥【/】 [ ]Day [ ]Month [ ] Year RMB￥【/】 [ ]Day [ ]Month [ ] Year RMB￥【/】 [ ]Day [ ]Month [ ] Year RMB￥【/】 [ ]Day [ ]Month [ ] Year RMB￥【/】 The planned withdrawal date shall be a bank working day. If the planned withdrawal date is not a bank working day, it will be adjusted to the previous bank working day. ② [Party A shall make withdrawal on demand through Party B’s online banking and other electronic channels] (2) Under the “Borrowing and Repayment at Any Time” mode, Party A can make self-service withdrawals at any time within the loan limit and loan term through Party B’s online banking and other electronic channels according to its own fund utilization plan. (3) Party B shall have the right to review the loan amount every (in words) [/] months (no more than 12 months) from the signing date of the Contract, so as to decide whether to continue to provide or adjust the unused loan amount to Party A.
Sample 1
Withdrawal Plan. An employee may withdraw from the Plan only for financial reasons beyond their control and provided notice is given at least ninety (90) calendar days prior to the date on which the leave was to have commenced. Any exceptions to the aforesaid shall be at the discretion of the Employer. An employee who withdraws from the Plan shall be paid a lump sum amount equal to any monies deferred plus interest accrued. Payment shall be made within sixty (60) calendar days of withdrawal from the Plan. Should an employee die while participating in the Plan, any monies accumulated, plus interest accrued at the time of death, shall be paid to the employee’s estate. .Any payment shall be subject to the Income Tax laws respecting lump sum payments.
Sample 1
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Withdrawal Plan. Upon receipt of a Withdrawal Plan Application Form, which has been processed by the Fund, Services Inc. will: A. Credit the number of Shares indicated by the Fund to the shareholder's Withdrawal Plan Account and if additional shares are being purchased take all other appropriate steps called for under Section 9(A), (B) and (C); B. On the 20th day of each month, or, if the 20th day is not a business day, the nearest business day to the 20th of each month, compute the number of Shares required to be redeemed for that month's withdrawal payment and withdrawal fee and prepare and deliver to the Fund a confirmation of the number of Shares being redeemed and request the Fund to direct the Custodian to deposit the required monies for said redemption and withdrawal fees in the Fund's redemption account; C. Prepare and mail on or before the seventh day following each redemption a check for the appropriate amount to each participant or appropriate designee entitled to a withdrawal payment and an advice reflecting such transactions; D. Prepare a check to its own order for the payment of withdrawal fees; and E. Perform all other administrative and clerical duties required for the operation of the Withdrawal Plan.
Sample 1
Withdrawal Plan. A Plan Participant may elect to sell a specified dollar amount of Units on a recurring basis on a Payment Date. Such dollar amount of Units to be sold for each such Payment Date may not be less than $50.00 or greater than $5,000.00 (the “Specified Dollar Amount”). Neither the Plan Agent nor CDS will be responsible for determining whether Units to be sold for a Plan Participant are within the prescribed limits. A Plan Participant may so elect to sell a Specified Dollar Amount of Units by instructing the CDS Participant through which such Plan Participant holds its Units to instruct the Plan Agent of its intention to sell Units. The CDS Participant must, on behalf of such Plan Participant, (i) provide a notice to the plan agent through CDSX no later than 5:00 p.m. (Toronto time) on each applicable Payment Date for which the Plan Participant wishes to sell Units, and (ii) notify CDS through CDSX of the number of Units to be sold. If notice is not received by the Plan Agent prior to this deadline, the Plan Participant will not be able to sell Units under the Plan for such Payment Date and such WP Notice will be ineffective. For each Payment Date following the proper delivery of a WP Notice, the Plan Agent shall sell the Units as instructed in the market during the five Business Day period following such Payment Date. The proceeds of the sale of the Units will be paid to CDS and credited for the benefit of each participating Plan Participant to the account of the applicable CDS Participant through whom such Plan Participant holds his or her Units. Neither the Plan Agent nor CDS shall have any responsibility for the allocation of sale proceeds to Plan Participants by CDS Participants. A Plan Participant who makes an Optional Cash Contribution for a Distribution Payment Date may not also deliver a WP Notice under this Plan for such Distribution Payment Date.
Sample 1

Related to Withdrawal Plan

  • Withdrawal Right Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) the Transaction Documents, whenever any Buyer exercises a right, election, demand or option under a Transaction Document and the Company or any Subsidiary does not timely perform its related obligations within the periods therein provided, then such Buyer may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company or such Subsidiary (as the case may be), any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights.

  • Withdrawal of Bid Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

  • Withdrawal Rights Except as otherwise provided in this Section 4, tenders of Shares made pursuant to the Offer are irrevocable. Shares tendered pursuant to the Offer may be withdrawn pursuant to the procedures set forth below at any time prior to the Expiration Date and, unless theretofore accepted for payment by Purchaser pursuant to the Offer, may also be withdrawn at any time after July 11, 1999. If Purchaser extends the Offer, is delayed in its acceptance for payment of Shares or is unable to accept Shares for payment pursuant to the Offer for any reason, then, without prejudice to Purchaser's rights under the Offer, the Depositary may, nevertheless, on behalf of Purchaser, retain tendered Shares, and such Shares may not be withdrawn except to the extent that tendering stockholders are entitled to withdrawal rights as described in this Section 4. For a withdrawal to be effective, a written, telegraphic or facsimile transmission notice of withdrawal must be timely received by the Depositary at one of its addresses set forth on the back cover of this Offer to Purchase. Any such notice of withdrawal must specify the name of the person who tendered the Shares to be withdrawn, the number of Shares to be withdrawn and the name of the registered holder, if different from that of the person who tendered such Shares. If Share Certificates evidencing Shares to be withdrawn have been delivered or otherwise identified to the Depositary, then, prior to the physical release of such Share Certificates, the serial numbers shown on such Share Certificates must be submitted to the Depositary and the signature(s) on the notice of withdrawal must be guaranteed by an Eligible Institution, unless such Shares have been tendered for the account of an Eligible Institution. If Shares have been tendered pursuant to the procedure for book-entry transfer as set forth in Section 3, any notice of withdrawal must also specify the number of the account at the Book-Entry Transfer Facility to be credited with the withdrawn Shares and otherwise comply with the Book-Entry Transfer Facility's procedures. All questions as to the form and validity (including time of receipt) of notices of withdrawal will be determined by Purchaser, in its sole discretion, whose determination will be final and binding on all parties. None of Parent, Purchaser, the Dealer Manager, the Depositary, the Information Agent or any other person 8

  • Withdrawal of Members A member may withdraw from this LLC by giving written notice to all other members at least days before the date the withdrawal is to be effective.

  • Withdrawal Before Bidding 7.1. Registered E-Bidders, who have completed the 10% deposit payment, are entitled to withdraw from the auction at least one (1) working day before the auction date by 5.00 pm. 7.2. The 10% deposit will be refunded back to the E-Bidders within three (3) working days via online banking.

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand. B. In the event of the withdrawal of any Fund from this Agreement, all its rights and obligations, except for lease commitments, under this Agreement (except such rights or obligations as have accrued prior to the date of withdrawal) shall terminate as of the date of the withdrawal. The withdrawing Fund shall surrender its Shares to Service Company, and (1) shall be entitled to receive from Service Company an amount equal to the excess of the fair value of (i) its Shares of other securities Service Company as of the date of its withdrawal less (ii) its proportionate interest in any liabilities of Service Company, including when appropriate any commitments of Service Company and unexpired leases at the date of withdrawal; (2) shall be obligated to pay Service Company an amount equal to the excess of (ii) over (i). Such amount to be received from or paid to Service Company shall be determined by the favorable vote of the holders of a majority of the Shares whose determination shall be conclusive upon the Funds. Any amount found payable by the Service Company to the withdrawing Fund shall be recoverable by Service Company from the Funds remaining under this Agreement in accordance with the provisions of Section 1.2, 1.3 and 1.4 hereof.

  • Early Withdrawal Penalty Unless provided otherwise in the Disclosures, we will assess an early withdrawal penalty on any withdrawal, either partial or in whole, that we allow you to make from your account prior to the account's maturity date. The method for determining that penalty is described in the Disclosures.

  • Withdrawal of Partners (a) Any Partner may Withdraw voluntarily from the Partnership subject to the prior written consent of the General Partner, including if such Withdrawal would (i) cause the Partnership to be in default under any of its contractual obligations or (ii) in the reasonable judgment of the General Partner, have a material adverse effect on the Partnership or its business. Without limiting the foregoing sentence, the General Partner generally intends to permit voluntary Withdrawals on the last day of any calendar month (or on such other date as shall be determined by the General Partner in its sole discretion), on not less than 15 days’ prior written notice by such Partner to the General Partner (or on such shorter notice period as may be mutually agreed upon between such Partner and the General Partner); provided, that a Partner may Withdraw from the Partnership with respect to such Partner’s GP-Related Partner Interest without Withdrawing from the Partnership with respect to such Partner’s Capital Commitment Partner Interest, and a Partner may Withdraw from the Partnership with respect to such Partner’s Capital Commitment Partner Interest without Withdrawing from the Partnership with respect to such Partner’s GP-Related Partner Interest. (b) Upon the Withdrawal of any Partner, including by the occurrence of any withdrawal event under the Partnership Act with respect to any Partner, such Partner shall thereupon cease to be a Partner, except as expressly provided herein. (c) Upon the Total Disability of a Limited Partner, such Partner shall thereupon cease to be a Limited Partner with respect to such person’s GP-Related Partner Interest; provided, that the General Partner may elect to admit such Withdrawn Partner to the Partnership as a Nonvoting Special Partner with respect to such person’s GP-Related Partner Interest, with such GP-Related Partner Interest as the General Partner may determine. The determination of whether any Partner has suffered a Total Disability shall be made by the General Partner in its sole discretion after consultation with a qualified medical doctor. In the absence of agreement between the General Partner and such Partner, each party shall nominate a qualified medical doctor and the two doctors shall select a third doctor, who shall make the determination as to Total Disability. (d) If the General Partner determines that it shall be in the best interests of the Partnership for any Partner (including any Partner who has given notice of voluntary Withdrawal pursuant to paragraph (a) above) to Withdraw from the Partnership (whether or not Cause exists) with respect to such person’s GP-Related Partner Interest and/or with respect to such person’s Capital Commitment Partner Interest, such Partner, upon written notice by the General Partner to such Partner, shall be required to Withdraw with respect to such person’s GP-Related Partner Interest and/or with respect to such person’s Capital Commitment Partner Interest, as of a date specified in such notice, which date shall be on or after the date of such notice. If the General Partner requires any Partner to Withdraw for Cause with respect to such person’s GP-Related Partner Interest and/or with respect to such person’s Capital Commitment Partner Interest, such notice shall state that it has been given for Cause and shall describe the particulars thereof in reasonable detail. (e) The Withdrawal from the Partnership of any Partner shall not, in and of itself, affect the obligations of the other Partners to continue the Partnership during the remainder of its term. A Withdrawn General Partner shall remain liable for all obligations of the Partnership incurred while it was a General Partner and resulting from its acts or omissions as a General Partner to the fullest extent provided by law.

  • Withdrawal Events In the event of the death, retirement, withdrawal, expulsion, or dissolution of a Member, or an event of bankruptcy or insolvency, as hereinafter defined, with respect to a Member, or the occurrence of any other event which terminates the continued membership of a Member in the Company pursuant to the Statutes (each of the foregoing being hereinafter referred to as a “Withdrawal Event”), the Company shall terminate sixty days after notice to the Members of such withdrawal Event unless the business of the Company is continued as hereinafter provided. Notwithstanding a Withdrawal Event with respect to a Member, the Company shall not terminate, irrespective of applicable law, if within aforesaid sixty day period the remaining Members, by the unanimous vote or consent of the Members (other than the Member who caused the Withdrawal Event), shall elect to continue the business of the Company. In the event of a Withdrawal Event with respect to an Member, any successor in interest to such Member (including without limitation any executor, administrator, heir, committee, guardian, or other representative or successor) shall not become entitled to any rights or interests of such Member in the Company, other than the allocations and distributions to which such Member is entitled, unless such successor in interest is admitted as a Member in accordance with this Agreement. An “event of bankruptcy or insolvency” with respect to a Member shall occur if such Member:

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.

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