Required Withdrawal definition

Required Withdrawal has the meaning set forth in Section 13.02(e).
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Required Withdrawal. With respect to any Distribution Date prior to the Distribution Date in October 2004, an amount equal to the product of (i) the Pre-Funded Amount as of the close of the preceding calendar month (or, if such date would be prior to the Closing Date, the Original Pre-Funded Amount) and (ii) the Net WAC for such Distribution Date.
Sample 1
Required Withdrawal. With respect to any Distribution Date on or prior to the Distribution Date in June 2005, an amount equal to the sum of (A) the product of (i) the amount relating to Group One on deposit in the Pre-Funding Account (as determined without regard to income from investments of amounts on deposit in the Pre-Funding Account and without regard to losses from such investments) as of the close of the preceding calendar month (or, if such date would be prior to the Closing Date, the Group One Original Pre-Funded Amount) and (ii) the Net WAC for Group One and (B) the product of (i) the amount relating to Group Two on deposit in the Pre-Funding Account (as determined without regard to income from investments on amounts on deposit in the Pre-Funding Account and without regard to losses from such investments) as of the close of the preceding calendar month (or, if such date would be prior to the Closing Date, the Group Two Original Pre-Funded Amount) and (ii) the Net WAC for Group Two.
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Examples of Required Withdrawal in a sentence

  • Required Withdrawal from a Transit Authority To Adopt a Venue Project Sales TaxIf the enactment or increase of a Chapter 334 sales tax would cause the combined local sales tax rate to exceed two percent and the taxing authority whose sales tax would have to be reduced is a transit authority, the city or county imposing the tax must withdraw from the transit authority.

  • See the policy on Probation and Required Withdrawal in Section F.These two categories are not always clearly distinct.

  • If, after the completion of a term on probation, the student fails to meet the conditions set by the Dean’s Advisory Council for removal from probation, DAC or FSRC may initiate the process of Required Withdrawal in regard to the student.

  • Required Withdrawal from Campus Pending HearingIn extraordinary circumstances, when the student’s continued presence is deemed a danger to the university community, the student will be required to withdraw from the campus, pending a meeting of the University Disciplinary Committee.

  • With respect to each Distribution Date through the Distribution Date immediately following the Funding Period, the 134 Trustee will withdraw from the Capitalized Interest Account and deposit into the Certificate Account an amount equal to the Required Withdrawal.

  • All income and gain realized from investment of funds deposited in the Capitalized Interest Account shall be for the sole and exclusive benefit of the Holder of the Class C Certificate and shall be remitted by the Trustee to the Holder of the Class C Certificate on Distribution Date immediately following the Funding Period, if such amounts are not used as part of the Required Withdrawal for any Distribution Date.

  • The graduate program must send the Recommendation of Required Withdrawal from Graduate Program for Failure to Maintain Academic Progress to gpoform@ucalgary.ca.

  • AU Audit RW Required Withdrawal No rounding of test scores is done (ex.

  • With respect to any Distribution Date up to and including the Distribution Date in October 2005, the Securities Administrator will withdraw from the Capitalized Interest Account and deposit into the Certificate Account an amount equal to the Required Withdrawal.

  • The Awards Committee will specify any conditions or exclusions affecting the Required Withdrawal.


More Definitions of Required Withdrawal

Required Withdrawal. With respect to each Mortgage Group, any Distribution Date up to and including the Distribution Date immediately following the Funding Period, an amount equal to one-twelfth of the product of (i) the excess of (a) the portion of the Original Pre-Funded Amount relating to such Mortgage Group over (b) the aggregate of principal payments received with respect to the Subsequent Mortgage Loans in such Mortgage Group that were distributed on prior Distribution Dates and losses with respect to principal incurred with respect to the Subsequent Mortgage Loans in such Mortgage Group that were allocated on prior Distribution Dates and (ii) 3.75%.
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Required Withdrawal. With respect to each Distribution Date on or prior to the Distribution Date in June 2005, an amount equal to the product of (i) the amount on deposit in the Pre-Funded Account (as determined without regard to income from investments of amounts on deposit in the Pre-Funding Account and without losses on such investments) as of the close of the preceding calendar month (or, if such date would be prior to the Closing Date, the Original Pre-Funded Amount) and (ii) the Net WAC for such Distribution Date.
Sample 1

Related to Required Withdrawal

  • Qualified withdrawal means a withdrawal from an account to pay the qualified disability expenses of the designated beneficiary of the account.

  • Nonqualified withdrawal means a withdrawal from an account that is not:

  • 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.

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

  • Involuntary Withdrawal means, with respect to any Member, the occurrence of any of the following events:

  • Required Withholding Amount has the meaning specified in Section 5 of this Agreement.

  • Withdrawal means any measure aimed at preventing a product in the supply chain from being made available on the market;

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

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

  • 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.

  • Terminated Without Cause means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

  • 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.

  • Notice of Withdrawal means a notice containing the information set out in Schedule VII;

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

  • Power of withdrawal means a presently exercisable general power of appointment other than a power:

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

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

  • Market Participant Energy Withdrawal means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Demand Bids, Decrement Bids, real-time load (net of Behind The Meter Generation expected to be operating, but not to be less than zero), internal bilateral transactions and Export Transactions, as further described in the PJM Manuals.

  • Early Dissolution Event has the meaning specified in Section 9.2.

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

  • Associated With a Person means to, directly or indirectly, own, manage, operate, join, finance, control, be employed by, receive remuneration from, participate in, consult with, or be connected in any manner with the ownership, management, financing, operation or control of or be connected as an officer, director, employee, partner, member, manager, trustee, principal, agent, representative, consultant, contractor, or otherwise, or use or expressly permit his name or any one or more of his or its tradenames to be used, in connection with such Person. The foregoing shall not include the beneficial ownership solely as an unaffiliated, passive investor of less than five percent (5%) of any class of securities of any business, firm or entity having a class of equity securities actively traded on a national securities exchange, automated quotation system or over-the-counter market.

  • Withdrawal Date Any day during the period commencing on the 18th day of the month of the related Distribution Date (or if such day is not a Business Day, the immediately preceding Business Day) and ending on the last Business Day prior to the 21st day of the month of such Distribution Date. The “related Due Date” for any Withdrawal Date is the Due Date immediately preceding the related Distribution Date.

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Coordinated with means that goods or services provided for the benefit of a

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

  • Exchange Election shall have the meaning specified in Section 14.12(a).