Limitations on Certain Transfers Clause Samples
Limitations on Certain Transfers. For savings and money market Accounts, applicable federal regulations impose certain limits to pre-authorized, automatic, and telephone transfers (including online transfers) to six per statement cycle. Loan payments to us are not included in these limits.
Limitations on Certain Transfers. Any actions described in Section 4.1(e) shall require the prior written consent of Killington, which consent shall not be unreasonably withheld. Until April 1, 2011, any actions described in Section 4.1(f) shall require the prior written consent of Killington, which consent shall not be unreasonably withheld. On and after April 1, 2011, actions described under Section 4.1(f) shall not require the consent of Killington, but shall be subject to (i) the consent of a majority of the advisory board pursuant to Section 4.4, and (ii) the provisions of Section 4.10. Notwithstanding anything in this Agreement to the contrary, sales of Developed Property shall not require the consent of Killington nor shall such sales be subject to the provisions of Section 4.10.