In Service Withdrawal Sample Clauses

In Service Withdrawal. By Written Request the Group Contractholder may direct the Company to make an In Service Withdrawal from the Participant Annuity Account payable to the Participant. The In Service Withdrawal will take effect on the later of the date elected and the date the Written Request is received at the Home Office of the Company. The Group Contractholder must designate in the Written Request the Variable or Guaranteed Sub-Account(s), or a combination of them, from which the In Service Withdrawal is to be made.
AutoNDA by SimpleDocs
In Service Withdrawal. By Request, the Group Policyholder may direct the Company to make an In Service Withdrawal from the Participant Annuity Account payable to the Participant. The In Service Withdrawal will take effect on the later of the date elected or the date the Request is received at the Administrative Offices of the Company. The Group Policyholder must designate in the Request the Variable or Guaranteed Sub-Account(s), or a combination of them, from which the In Service Withdrawal is to be made.
In Service Withdrawal. A Participant may, at any time on or before 15 days prior to the Exercise Date, or such other date as shall be selected by the Administrative Committee from time to time, elect to withdraw all of the funds then credited to the Participant’s Account by giving notice in accordance with the rules established by the Administrative Committee. The amount elected to be withdrawn by the Participant shall be paid to the Participant as soon as administratively feasible. Any election by a Participant to withdraw all of the Participant’s cash balance under the Plan terminates the Participant’s right to exercise the Participant’s Option on the Exercise Date and the Participant’s entitlement to elect any further payroll deductions for the then-current Offering Period. If the Participant wishes to participate in any future Offering Period, he or she must file a new payroll deduction election within the time frame required by the Administrative Committee for participation for that Offering Period.
In Service Withdrawal. 4 5.2 Accelerated Withdrawal . . . . . . . . . . . . . . . . . . . . . . 5 5.3
In Service Withdrawal. Participants may elect to withdraw all or a portion of amounts deferred. Such election must be made at the time the Participant executes an Agreement. The amount of the withdrawal shall be equal to the lesser of:
In Service Withdrawal. 18 8.3 Amount Payable On In Service Withdrawal............................................... 18 8.4 Surrender............................................................................. 19 8.5 Amount Payable On Surrender........................................................... 19 8.6 Payment On Death, In Service Withdrawal and Surrender................................. 19 8.7 Establishment of Alternate Payee Account.............................................. 19 ARTICLE IX

Related to In Service Withdrawal

  • In-Service Withdrawals If elected in the Adoption Agreement, an Employer may elect to permit a Participant in the Plan to make an in-service withdrawal, subject to any limitation(s) specified in the Adoption Agreement.

  • Partial Withdrawals At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.

  • Hardship Withdrawals Hardship withdrawals, as provided for in paragraph 6.9 of the Basic Plan Document #04, [X] are [ ] are not permitted.

  • Plan Withdrawals The Borrower or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and the plan sponsor of such Multiemployer Plan shall have notified such withdrawing employer that such employer has incurred a withdrawal liability in an annual amount exceeding $1,000,000;

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • Distribution Upon Withdrawal No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.

  • In-Service Distributions [X] (1) In-service distributions may be made from any of the Participant's vested Accounts, at any time upon or after the occurrence of the following events (select all applicable): [X] (a) a Participant's attainment of age 59-1/2. [X] (b) due to hardships as defined in Section 5.9 of the Plan. [ ] (2) In-service distributions are not permitted.

  • Permissible Withdrawals The Servicer may make withdrawals from each related Custodial P&I Account solely for the following:

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

  • Notice of Final Withdrawal Promptly after receipt by the Paying Agent of notice that the Escrow Agent has requested a Final Withdrawal or that a Final Withdrawal will be made, the Paying Agent shall cause notice of the distribution of the Final Withdrawal to be mailed to each of the Receiptholders at its address as it appears in the Register. Such notice shall be mailed not less than 15 days prior to the Final Withdrawal Date. Such notice shall set forth:

Time is Money Join Law Insider Premium to draft better contracts faster.