Withdrawal Penalty definition

Withdrawal Penalty means the ten percent (10%) penalty deducted from an Account as a result of an Unscheduled Withdrawal, or as a result of a change in the form of distribution within thirteen (13) months prior to Termination of Employment.
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Withdrawal Penalty means the ten percent (10%) penalty deducted from an Account as a result of an Unscheduled Withdrawal pursuant to Article 8 of the Plan.
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Examples of Withdrawal Penalty in a sentence

  • Your IRA's values projected below are based on the following assumptions (Check one): including the Other box under Early Withdrawal Penalty.

  • If the Interconnection Customer withdraws prior to executing an LGIA, the Transmission Provider shall be entitled to use the security as payment for (a) the final invoice for study costs and (b) the Withdrawal Penalty, after which any remaining amount of security shall be returned to Interconnection Customer.

  • Early withdrawal of any Certificate of Deposit will be assessed an early withdrawal penalty as stated in Early Withdrawal Penalty.

  • Distribution of Withdrawal Penalty revenues to a specific study shall not exceed the total actual study costs.

  • If it automatically renews you will have a grace period, also indicated on the Certificate Account Disclosures, in which you may withdraw or transfer the funds without incurring an Early Withdrawal Penalty.

  • Transmission Provider shall refund such remaining amounts to Interconnection Customer, less the amount of Automatic Withdrawal Penalty funds received by the Interconnection Customer in accordance with Section 7.8.1 of the Attachment X and less any financial impact caused by the termination of this GIA or Interconnection Customer’s FCA(s) or MPFCA(s), as determined through the analysis performed in accordance with Section 7.8 of Attachment X.

  • Early Withdrawal Penalty You have contracted to keep your funds on deposit for the agreed term.

  • Withdrawal prior to the maturity of the term selected will result in an early Withdrawal Penalty which will substantially reduce the interest earned and could result in the loss of some of the principal.

  • The amount of the Early Withdrawal Penalty will be as follows: • For all terms of maturity, we will impose a penalty of seven (7) days simple interest on the total deposit if the withdrawal is made within the first six (6) days after the deposit.

  • Transmission Provider shall not change the distribution of Withdrawal Penalty revenue without authorization by the Commission.