Withdrawals. The Cash Manager may make withdrawals:
(a) on behalf of the Mortgages Trustee from the Mortgages Trustee Transaction Account and the Mortgages Trustee GIC Account;
(b) on behalf of Funding from the Funding GIC Account, any Funding (Issuer) GIC Account and the Funding Transaction Account, but only:
(i) with the prior consent of the Security Trustee as provided under the Funding Deed of Charge or following receipt of a request for withdrawal in writing from the Cash Manager on behalf of Funding; and
(ii) until receipt of an Intercompany Loan Enforcement Notice served by the Security Trustee on Funding (with a copy to the Funding Secured Creditors as soon as reasonable thereafter in accordance with and subject to the Funding Deed of Charge), as permitted by this Agreement, the Mortgages Trust Deed, the Bank Account Agreement, any Funding (Issuer) Bank Account Agreement, the Mortgages Trustee Guaranteed Investment Contract, the Funding Guaranteed Investment Contract, any Funding (Issuer) Guaranteed Investment Contract and the Funding Deed of Charge, but shall not in carrying out its functions as Cash Manager under this Agreement otherwise make withdrawals from the Mortgages Trustee Transaction Account, the Mortgages Trustee GIC Account or the Funding Bank Accounts. Following enforcement of the Funding Security, the Cash Manager will not be entitled to make withdrawals from any Funding Account other than in accordance with the instructions of the Security Trustee.
Withdrawals of amounts related to the Mortgage Loans from the Servicing Accounts may be made only to effect timely payment of taxes, assessments, hazard insurance premiums, Primary Insurance Policy premiums, if applicable, or comparable items, to reimburse the Servicer or Subservicer out of related collections for any payments made pursuant to Sections 3.11 (with respect to the Primary Insurance Policy) and 3.12
Withdrawals has the meaning provided in Section 9.5, below.
Examples of Withdrawals in a sentence
Withdrawals will only be made on request by you, by bank transfer to an account in your name or such other method as we, in our absolute discretion, may determine.
Withdrawals from and deposits to each of the foregoing subaccounts of the Collection Account shall be made as set forth in Sections 8.02(d) and (e).
Withdrawals from your Account may be restricted prior to Account closing.
Withdrawals to bank accounts may take longer due to additional security procedures.
Withdrawals from more than one account or additional withdrawals from the same account during a single access will be counted as multiple withdrawals.
More Definitions of Withdrawals
Withdrawals. All requests for withdrawal shall be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing. The tax identification number of the recipient must be provided to us before we are obligated to make a distribution. Any withdrawals shall be subject to all applicable tax and other laws and regulations including possible early withdrawal penalties and withholding requirements.
Withdrawals. The Cash Manager may make withdrawals:
(a) on behalf of the Mortgages Trustee from the Mortgages Trustee Bank Accounts;
(b) on behalf of Funding from the Funding Bank Accounts, but only:
(i) with the prior consent of the Security Trustee as provided under the Funding Deed of Charge or following receipt of a request for withdrawal in writing from the Cash Manager on behalf of Funding; and
(ii) until receipt of a Funding Intercompany Loan Enforcement Notice served by the Security Trustee on Funding (with a copy to the Funding Secured Creditors as soon as reasonable thereafter in accordance with and subject to the Funding Deed of Charge);
(c) on behalf of Funding 2 from the Funding 2 Bank Accounts, but only:
(i) with the prior consent of the Funding 2 Security Trustee as provided under the Funding 2 Deed of Charge or following receipt of a request for withdrawal in writing from the Cash Manager on behalf of Funding 2; and
(ii) until receipt of a Funding 2 Intercompany Loan Enforcement Notice served by the Funding 2 Security Trustee on Funding 2 (with a copy to the Funding 2 Secured Creditors as soon as reasonable thereafter in accordance with and subject to the Funding 2 Deed of Charge), as permitted by this Agreement and the other Transaction Documents;
(d) on behalf of Funding 2 from the Funding 2 Swap Collateral Account as permitted by this Agreement and the other Transaction Documents; and
(e) on behalf of Funding from the Funding Swap Collateral Account as permitted by this Agreement and other Transaction Documents.
Withdrawals means prior ERR amounts withdrawn by The Standard from the Policyholder’s CFR account.
Withdrawals. Any person who signs as a joint owner on a Signature Card may withdraw or transfer all or any part of the account balance at any time. TRANSFER LIMITATIONS: Six pre-authorized, automatic or telephone transfers (including transfers done through Freedom Phone, Freedom Teller, or Mobile Banking) are allowed monthly from savings. Any other transfers must be accompanied by a signature.
Withdrawals. [check desired option]:
Withdrawals means Benefit payments made available from the Bond by:
Withdrawals means withdrawals of any type (including free withdrawals and partial withdrawals) without consideration of any contingent deferred sales charge or MVA. The death benefit is as follows, and is subject to items(1) and (2) below: