Other Permitted Withdrawals Sample Clauses

Other Permitted Withdrawals. Notwithstanding anything else to the contrary herein (but subject to Section 13(e)), if at any time any of the underlying funds or other investment vehicles (or the Funds) in which the Client is invested hereunder generally suspends or otherwise restricts withdrawals from such fund or other investment vehicle (or the Funds) (an “Extraordinary Event”), Client may withdraw an amount of the investment in the Account (the “Extraordinary Event Amount”) equal to the product of (i) an amount obtained by dividing (x) the aggregate Net Value of all withdrawals made by all Non-Client Members in such underlying funds or other investment vehicles (or the Funds, as the case may be) during the pendency of such restrictions by (y) the aggregate Net Value of the investments of such withdrawing Non-Client Members in such underlying funds or other investment vehicles (or the Funds, as the case may be) immediately before such Extraordinary Event and (ii) the excess of the Net Value of the Account invested in such underlying funds or other investment vehicles (or the Funds, as the case may be) as of the date immediately preceding the Extraordinary Event over the Net Value of all assets in the Account withdrawn by Client since such date pursuant to any other provision of this Agreement that were invested in such underlying funds or other investment vehicles (or the Funds, as the case may be). For the avoidance of doubt, the occurrence of an Extraordinary Event shall not be deemed a breach by Manager of this Agreement or any other agreement in respect of the Account and references to underlying funds or other investment vehicles (or the Funds) in this Section 13(d) shall be references to funds or other investment vehicles (or the Funds) in which the Account is directly invested.
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Related to Other Permitted Withdrawals

  • Permitted Withdrawals From Escrow Account Withdrawals from the Escrow Account or Accounts may be made by the Servicer only:

  • Permitted Withdrawals From Custodial Account The Servicer shall, from time to time, withdraw funds from the Custodial Account for the following purposes:

  • Permitted Withdrawals From the Protected Account (a) The Master Servicer may from time to time make withdrawals from the Protected Account for the following purposes:

  • Deposits and Withdrawals Each person when depositing such securities or similar investments in or withdrawing them from a Securities Depository or when ordering their withdrawal and delivery from the safekeeping of the Custodian, shall comply with the requirements of Rule 17f-2(e).

  • Permitted Withdrawals from the Custodial Account (a) The Master Servicer may, from time to time as provided herein, make withdrawals from the Custodial Account of amounts on deposit therein pursuant to Section 3.07 that are attributable to the Mortgage Loans for the following purposes:

  • Permitted Withdrawals and Transfers from the Distribution Account (a) The Trustee will, from time to time on demand of the Master Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Distribution Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the Servicing Agreements or as the Securities Administrator has instructed hereunder for the following purposes (limited in the case of amounts due the Master Servicer to those not withdrawn from the Master Servicer Collection Account in accordance with the terms of this Agreement):

  • Permitted Withdrawals from the Collection Account The Servicer may, from time to time, withdraw funds from the Collection Account for the following purposes:

  • Transfers and Withdrawals 26 Section 11.1 Transfer......................................................... 26 Section 11.2 Limited Partners' Rights to Transfer............................. 26 Section 11.3

  • Permitted Withdrawals from the Certificate Account (a) The Master Servicer may, from time to time, make withdrawals from the Certificate Account for the following purposes (limited, in the case of Servicer reimbursements, to cases where funds in the respective Custodial P&I Account are not sufficient therefor):

  • Permitted Withdrawals and Transfers from the Master Servicer Collection Account (a) The Master Servicer will, from time to time on demand of a Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the related Servicing Agreement. The Master Servicer may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error.

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