Withdrawable definition

Withdrawable means shares with the associated right for the Member to withdraw and receive in return the value of their shares from the Society;
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Withdrawable in relation to shares means shares with the associated right for the Member to withdraw their shares and receive in return the value of their shares from the Co-operative.
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Withdrawable means shares with the associated right for the Member to withdraw and receive in return the value of their shares from the Co-operative in accordance with the provisions of these Rules;
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Examples of Withdrawable in a sentence

  • Withdrawal or delivery of Company Deposits (excluding Withdrawable Funds) by the Company shall be permitted or made only upon Written Instructions of the Company, but only if OHA has approved the specific transaction by written instruction that states the amount of withdrawal or delivery method.

  • The Bank shall have no obligation to make any disbursement of any Withdrawable Funds (or any other funds) to the Company or any other person until the Bank had received final payment therefor.

  • The Bank’s responsibilities under this Agreement are limited to the safe holding of Company Deposits, collecting dividends and interest thereon, and disbursing Withdrawable Funds as set forth in this Agreement.

  • In the event that the Bank credits the Account in anticipation of the Bank’s collection of Withdrawable Funds (or any other funds) that the Bank is then unable to collect, the Bank may charge such amounts back to the Account and, to the extent there are insufficient funds in the Account to reimburse the Bank, the Company agrees to reimburse the Bank within one business day after demand in immediately available funds.

  • The Bank will invest cash in the Account (other than Withdrawable Funds) pursuant to Written Instructions of the Company.

  • As used in this Plan, the terms set forth below have the following meanings:Account(s): Withdrawable deposit(s) in the Bank, including certificates of deposit.Acting in Concert: The term "acting in concert" shall have the same meaning given it in Section 574.2(c) of the Regulations.

  • Withdrawable would mean that any accruing interest would be reportable for tax purposes.

  • As used in this Plan, the terms set forth below have the following meanings: Account(s): Withdrawable deposit(s) in the Bank, including certificates of deposit.

  • The System computes the allowable amount based on the Withdrawable Uncollected Funds Basis option specified in the Branch Parameters Preferences screen.

  • Assume that you (as our Client) have excess Margin, i.e., the Free Margin amount is positive and you request payment of an amount not exceeding the Withdrawable Funds and the Balance on your Account.


More Definitions of Withdrawable

Withdrawable means shares with the associated right for the Member to withdraw in accordance with these Rules;
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Withdrawable means shares that are transferable to another Person who also qualifies for membership of the Society in accordance with these Rules;
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Withdrawable means shares with the associated right for the Member to withdraw
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Withdrawable means shares with the associated right for the Member
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Related to Withdrawable

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

  • Withdrawal value means a Participant's Account Value minus the applicable Withdrawal Charge. (transfer from GRA III NBR/GAA III NBR -- Series I) (original GRA I NBR/GAA I NBR -- Series I) P-14020(SBR)(MBR)(NBR)conv.6

  • Withdrawn has the correlative meaning.

  • Withdraw “Withdrawing” or “Withdrawal” means the resignation of a Member from the Company as a Member. Such terms shall not include any Dispositions of Membership Interests (which are governed by Article IV), even though the Member making a Disposition may cease to be a Member as a result of such Disposition.

  • 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.

  • 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.

  • Regular account means the account established for each active and inactive member un-

  • 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.

  • 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.

  • 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.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Rounding Account Not applicable.

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

  • Controlled Deposit Account means each deposit account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

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

  • Covered Amount means, for any Distribution Date with respect to the Controlled Accumulation Period or the first Special Payment Date, if such Special Payment Date occurs prior to the date the Class A Invested Amount is paid in full, an amount equal to the sum of (x) with respect to the Class A Certificates, the product of (i) the Class A Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and, (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class A Certificates and (y) with respect to the Class B Certificates, the product of (i) the Class B Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class B Certificates.

  • Investment Account As defined in Section 3.12(a).

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Direct Account : means any Account which is not an ISA Account.

  • 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.

  • Withdrawal Notice shall have the meaning given in Section 2.1.6.

  • Subaccount means any subaccount designated and established hereunder.

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

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