Net Withdrawals definition

Net Withdrawals with respect to that Guarantee.
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Net Withdrawals with respect to a Guarantee are the actual amounts credited to the Annuitant through transfers with respect to that Guarantee pursuant to Section 3.05, and the actual amounts paid to the Annuitant through partial withdrawals with respect to that Guarantee pursuant to Section 3.06, exclusive of any Guarantee Withdrawal Charges assessed. Withdrawals of recordkeeping fees from a Guarantee are not included in "Net Withdrawals". The Guarantee Withdrawal Charge will be deducted from the remaining amounts in the Annuitant's Guarantee after the withdrawal or transfer payment is processed; except the Guarantee Withdrawal Charge may be deducted from the withdrawal or transfer payment if there is an insufficient amount in the Annuitant's Guarantee to pay such a charge.
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Net Withdrawals with respect to a Guarantee are the actual amounts credited to a Participant through transfers with respect to that Guarantee pursuant to Section 3.05, and the actual amounts paid to a
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Examples of Net Withdrawals in a sentence

  • If the Responsible Entity receives withdrawals requests which, if accepted, would mean Net Withdrawals for the quarter exceed 5% of the Fund’s NAV, then the Responsible Entity may accept or reject the withdrawal request at its discretion.

  • The Responsible Entity intends to limit Net Withdrawals of all Investors collectively to 5% of the Fund’s NAV per quarter.

  • Information regarding the System Sendout, Withdrawal Capacity and Net Withdrawals will be made available to customers on a daily basis via the EBB.

  • If the Responsible Entity receives withdrawals requests which, if accepted, would mean Net Withdrawals for the quarter exceed 5%of the Fund’s NAV, then the Responsible Entity may accept or reject the withdrawal request at its discretion.

  • The Responsible Entity intends to limit Net Withdrawals of all investors collectively to 5% of the Fund’s NAV per quarter.

  • The amount of Net Withdrawals on any day which is withdrawn from the CM CASA after the Cutoff Time shall be deemed to have been withdrawn from the CM CASA on the immediate following day for the purposes of calculating the Net Deposit or Net Withdrawal on such day.

  • Annual ACT Net Withdrawals for Years 1994 to 2008 Monthly water withdrawals and returns of individual entities (users) are summed by model reaches to produce the net withdrawal.


More Definitions of Net Withdrawals

Net Withdrawals means at any time during the period of this Agreement the difference between the total amount of withdrawals having been made up to such time and the total amount of repayments having been made up to such time.
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Related to Net Withdrawals

  • Market Withdrawal means a Person’s Removal or Correction of a distributed product which involves a minor violation that would not be subject to legal action by the FDA or which involves no violation, e.g., normal stock rotation practices, routine equipment adjustments and repairs, etc.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Yield Supplement Withdrawal Amount means, with respect to any Collection Period and the related Deposit Date, the lesser of (a) the amount on deposit in the Yield Supplement Account and (b) the sum of (i) the Yield Supplement Amount and (ii) after giving effect to the withdrawal of the Yield Supplement Amount, the amount by which the amount on deposit in the Yield Supplement Account exceeds the Maximum Yield Supplement Amount.

  • Excess Withdrawal is a withdrawal of Account Value that exceeds the Free Withdrawal Amount. This term may not apply to your Contract.

  • Free Withdrawal Amount ’ means an amount equal to the percentage, stated in the Data Pages, of the Annuity Account Value, minus the total of all prior withdrawals (and associated Withdrawal Charges) made as described in Section 5.01 in the current Contract Year that may be withdrawn each Contract Year without incurring a Withdrawal Charge. We have the right to change the Free Withdrawal Amount, but it will always be a percentage between 5% and 30% if so provided in the Data Pages.

  • Final Withdrawal Has the meaning specified in the Escrow Agreement.

  • Voluntary Withdrawal means a Member’s dissociation with the Company by means other than by a Transfer or an Involuntary Withdrawal.

  • Single Withdrawal Tranche means the amount of the Loan allocated to the category entitled “Single Withdrawal Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Regular contributions means the amounts required to be

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Final Withdrawal Date Has the meaning specified in the Escrow Agreement.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Excess Reserve Fund Account The separate Eligible Account created and maintained by the Trustee pursuant to Sections 3.07(b) and 3.07(c) in the name of the Trustee for the benefit of the Regular Certificateholders and designated "Deutsche Bank, National Trust Company in trust for registered Holders of Morgan Stanley ABS Capital I Inc. Trust 2006-HE3, Mortgage Pass-Through Xxxxxfxxxxxx, Series 2006-HE3." Funds in the Excess Reserve Fund Account shall be held in trust for the Regular Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested.

  • Excess Aggregate Contributions means, with respect to any Plan Year, the excess of:

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Reserve Fund Required Amount means, (i) for any Payment Date on which the Note Balance is greater than $0, $4,792,570.75 (i.e., 0.25% of the Cutoff Date Adjusted Pool Balance) or (ii) if the Notes have been paid in full, $0.

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Withdrawal Period has the meaning specified in Section 10.23(b).

  • Withdrawal Event means the earliest to occur of any event which causes a Partner to cease to be a Partner, and to become a Former Partner, as set forth in Section 1.29.