Transfers from definition

Transfers from. Special Funds increase the Adjusted Premium for non-Special Funds by the lesser of the reduction of the Adjusted Premium for Special Funds and net Accumulation Value transferred. Transfers from non-Special Funds increase the Adjusted Premium for Special Funds by the reduction in the Adjusted Premium for non-Special Funds.
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Transfers from. The Fixed Account - You may transfer from the Fixed Account an amount up to the greater of $5,000 or 25% of the Accumulated Value in the Fixed Account, but only one such transfer may be made in any twelve-month period Transfers From The Fixed LT Account - You may transfer from the Fixed LT Account an amount up to the greater of $5,000 or 10% of the Accumulated Value in the Fixed LT Account, but only one such transfer may be made in any twelve-month period. Allocations To The Fixed Options - We reserve the right to limit the amount allocated to the Fixed Options to $1,000,000 during the most recent 12 months for all policies in which you have an ownership interest or to which payments are made by a single payor. Policies that are MEC's may not make any allocations to the Fixed LT Account. Allocations include Net Premium payments, transfers and loan repayments. Any excess over $1,000,000 will be allocated to your other Investment Options according to your most recent instructions. We may increase the $1,000,000 limit at any time at our sole discretion. You may contact us to find out if a higher limit is in effect. SURRENDER AND WITHDRAWAL OF VALUES Surrender - Upon Written Request while the Insured is living you may surrender this policy for its Net Cash Surrender Value. The policy will terminate on the date the request is received. Net Cash Surrender Value - The Net Cash Surrender Value is the Cash Surrender Value less any Policy Debt. Cash Surrender Value - The Cash Surrender Value is the Accumulated Value. Withdrawals - Upon Written Request on or after the first policy anniversary while the Insured is living, you may withdraw a portion of the Net Cash Surrender Value of this policy. Withdrawals will be subject to the following conditions: The amount of each withdrawal must be at least $200 and the Net Cash Surrender Value remaining after each withdrawal must be at least $500. Also, if there is any Policy Debt at the time of each withdrawal, the amount of the withdrawal is limited to the excess, if any, of the Cash Surrender Value immediately prior to the withdrawal over the result of the Policy Debt divided by 90%. The amount of each withdrawal will be allocated proportionately to the Accumulated Value in the Investment Options unless you request otherwise. If the Insured dies after the request for a withdrawal is sent to us and prior to the withdrawal being effected, the amount of the withdrawal will be deducted from the death benefit proceeds, which wil...
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Examples of Transfers from in a sentence

  • Permitted Withdrawals and Transfers from the Distribution Account.

  • Transfers from a deposit account will be governed by this Agreement.

  • Transfers from the Money Market Division may be made at any time.

  • Transfers from a loan account will be governed by the applicable loan agreement.

  • Transfers from your line of credit account will be governed by the applicable loan agreement.

  • Transfers from your savings and money market Accounts are subject to the limitations that are disclosed in this Agreement.

  • We permit Balance Transfers from most accounts issued by other banks but not from other accounts or loans with us or any of our affiliates.

  • Transfers from a Line of Credit will be governed by this Agreement.

  • Transfers from deposit accounts will be governed by the Membership and Account Agreement.

  • Transfers from one customer identification number to a different customer identification number will be One Dollar and Fifty Cents ($1.50) per account transferred.

Related to Transfers from

  • Transfers and “Transferred” have the correlative meanings.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • restriction of processing means the marking of stored personal data with the aim of limiting their processing in the future;