WAIVER OF WITHDRAWAL CHARGES Sample Clauses

WAIVER OF WITHDRAWAL CHARGES. We will waive all withdrawal charges upon receipt of due proof that a sole or last surviving Annuitant is Terminally Ill, or has been confined to an Eligible Nursing Home or Hospital continuously for at least three months. See the General Provisions for definitions of these terms. This waiver is not available if the contract has been assigned. (VFM--96)
Sample 1
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WAIVER OF WITHDRAWAL CHARGES. We will waive all withdrawal charges upon receipt of due proof that a sole or last surviving Annuitant is Terminally Ill, or has been confined to an Eligible Nursing Home or Hospital continuously for at least three months. See the General Provisions for definitions of these terms. This waiver is not available if the contract has been assigned. C-44 -------------------------------------------------------------------------------- BENEFICIARY You may designate or change a beneficiary to receive any amount due if the sole or last surviving Annuitant dies before the Annuity Date. You may initiate a change to the beneficiary designation by completing a change form, which you can obtain from us or from your representative. We may also ask you to send us the contract. The change will take effect only when we process the request. Then any previous beneficiary's interest will end as of the date of the request, even if no Annuitant is living when we process the request. Any beneficiary's interest is subject to the rights of any assignee we know of. When a beneficiary is designated, any relationship shown is to the Annuitant (First Annuitant if two Annuitants are named on page 3) unless otherwise specified.
Sample 1
WAIVER OF WITHDRAWAL CHARGES. Subject to all the provisions of this rider and of the rest of the contract, we will waive part or all of (1) any withdrawal and maintenance charges otherwise associated with a full or partial withdrawal, or (2) any annuitization or withdrawal charge due on the annuity date, if an annuitant is (a) terminally ill, or (b) confined to an eligible nursing home or hospital continuously for three months while this contract is in force. This waiver applies only to any purchase payment(s) made one year or more prior to your request(s) for withdrawal, or the annuity date. Terminal Illness Option You may use this option if you give us evidence that satisfies us that an Annuitant's life expectancy is six months or less. Part of that evidence must be a certification by a licensed physician. Nursing You may use this option if an Annuitant is Home/Hospital Option confined to an eligible nursing home and/or hospital starting any time after the contract date, and has been confined there continuously for at least three months. Eligible Nursing Home An eligible nursing home is an institution or special nursing unit of a hospital which meets at least one of the following requirements:
Sample 1
WAIVER OF WITHDRAWAL CHARGES. Subject to all the provisions of this rider and of the rest of the contract, we will waive part or all of (1) any withdrawal and maintenance charges otherwise associated with a full or partial withdrawal, or (2) any annuitization or withdrawal charge due on the annuity date, if an annuitant is (a) terminally ill, or (b) confined to an eligible nursing home or hospital continuously for three months while this contract is in force. This waiver applies only to any purchase payment(s) made one year or more prior to your request(s) for withdrawal, or the annuity date.
Sample 1
WAIVER OF WITHDRAWAL CHARGES. WAIVER OF WITHDRAWAL CHARGES - POST SECONDARY EDUCATION If You, your spouse, your child or Annuitant is enrolled in a college, university, vocational, technical, trade, or business school, You may, subject to the provisions of this endorsement, withdraw up to 20% of the Contract Value each Contract Year prior to the Annuity Commencement Date and while the Annuitant is alive. No withdrawal charges will apply. You may make one Withdrawal per Contract Year. Withdrawals may not be repaid. The maximum combined withdrawal you may make under this provision, and the Annual Free Withdrawal Amount provision is 20% of the Contract Value.
Sample 1

Related to WAIVER OF WITHDRAWAL CHARGES

  • Notice of Withdrawal Agent will return to any person tendering the Shares, in the manner described in Article I, Section 8 hereof, any Shares tendered by such person but duly withdrawn pursuant to the Offer to Purchase. To be effective, Agent must receive a written notice of withdrawal at its address as set forth on the back page of the Offer to Purchase, within the time period specified for withdrawal in the Offer to Purchase or other method mutually agreed to by the Purchaser and Agent. Any notice of withdrawal must specify the name of the registered holder of the Shares to be withdrawn, the number of the Shares to be withdrawn and, if such Shares are represented by a physical certificate, the number of such certificate. Agent is authorized and directed to examine any notice of withdrawal to determine whether it believes any such notice may be defective. In the event Agent concludes that any such notice is defective it shall, after consultation with and on the instructions of the Purchaser, use reasonable efforts in accordance with its regular procedures to notify the person delivering such notice of such determination. All questions as to the form and validity (including time of receipt) of notices of withdrawal will be determined by the Purchaser in its sole discretion, whose determination shall be final and binding. Any Shares withdrawn in accordance with the procedures set forth in this section shall no longer be considered to be properly tendered unless such Shares are re-tendered prior to the Expiration Date in accordance with Article I, Section 2 hereof.

  • Right of withdrawal If you are a consumer, you have the right to withdraw from the User Agreement without giving any reason and without penalty within 14 days of your account being opened. To do so, you must, within these 14 days, follow the process to close your account which will end the User Agreement. PayPal thinks consumers should have the choice to use our services or not so we don’t lock you into a contract. This is why, in addition to these mandatory rights, even after 14 days, you can end your agreement by closing your account. By making use of our services during the 14-day withdrawal period you require our services to be provided before the end of the 14-day right of withdrawal period. You will have to pay fees for the services you used (including during the 14-day withdrawal period) up until you close your account and withdraw your balance, if any. All pending transactions will be cancelled when you close your account. See the section “Closing your PayPal account” in the User Agreement for more details.

  • Effect of Withdrawal The Company shall not be dissolved by the dissolution or other event of withdrawal of a Member if any Member remains to carry on the business of the Company.

  • 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.

  • 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:

  • Withdrawal Conditions; Withdrawal Period 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made:

  • Voluntary Withdrawal If any Partner should withdraw from the Partnership, they must give at least days’ written notice to the Partnership. Such withdrawal shall have no effect on the day-to-day operations of the Partnership.

  • Early Withdrawal Penalty When you open a CD, you agree to keep the principal on deposit with us for the term that you have selected. We will impose a substantial penalty if we permit you to withdraw any principal before the maturity date. The early withdrawal penalty will be one-half (½) the interest that would be due on the CD over the entire term of the CD, regardless of the length of time the funds remained on deposit, subject to the following limits. The minimum penalty is 7 days simple interest. The maximum penalty is 270 days of compound interest. It is possible that all or part of the penalty will be deducted from principal. No early withdrawal penalty will be assessed if the withdrawal is made because of your death or a court determination of your legal incompetence. We require proof of death or incompetence before an early withdrawal penalty is waived.

  • Individual Charge for Parking i. The Contractor shall provide up to twenty (20) parking passes to the Attendees during the Program Dates at the rate of $@@.@@ for each pass. Unless expressly set forth otherwise, the Contractor shall xxxx each Attendee directly for any parking passes purchased as an Individual Charge.

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