Withdrawal Options Sample Clauses
The Withdrawal Options clause defines the conditions and methods by which a party may remove funds or assets from an account or arrangement. Typically, this clause outlines the procedures for requesting a withdrawal, any notice periods required, and potential limitations such as minimum or maximum withdrawal amounts or frequency restrictions. Its core practical function is to provide clear guidelines for accessing funds, thereby preventing misunderstandings and ensuring both parties are aware of their rights and obligations regarding withdrawals.
Withdrawal Options. You can withdraw from the study and request your information be deleted at any time, without giving a reason up to the end of the study. If you should decide to deny your consent, please contact the leading investigator and let her/him know of your intention of leaving the study.
Withdrawal Options. The Owner may take a partial or full withdrawal of the present value of the premium invested in the variable Divisions, subject to the restrictions of the following Payout Options:
Withdrawal Options. No more frequently than the Administrative Committee may allow, and subject to such procedures as the Administrative Committee may prescribe, a Participant who is an Employee may elect, with the approval of the Administrative Committee, by filing the Appropriate Form as directed by the Administrative Committee, to withdraw (a) all or any portion of his Post-Tax Contribution Account, (b) if the maximum withdrawal permitted under clause (a) has been made, all or any portion of his vested Post-IPO Matching Contributions Account, (c) if the maximum withdrawal under clause (b) has been made, all or any portion of his Company Stock Matching Contributions Account and (d) if the maximum withdrawal under clause (c) has been made, all or any portion of his Rollover Account.
Withdrawal Options. After the right to cancel period (refer to the cover page of this Contract) the Owner may take a partial or full withdrawal of the present value of the remaining variable Income Payments. Withdrawals are subject to the restrictions of the following Payout Options: -------------------------------------------------------------------------------- X Note: At no time will funds invested in the Fixed Account be available for withdrawal. -------------------------------------------------------------------------------- Lifetime Income (including Joint life) with Certain Period Payout Options: The Owner may take a partial withdrawal of the present value of the variable Income Payments in the Certain Period portion of the contract. There must be at least five (5) years of Certain Period payments remaining after the withdrawal is taken.
Withdrawal Options. Upon termination of the Plan, Participants must withdraw all Shares held in their accounts with the Administrator. The Participant has sixty
6.1. If the Participant fails to notify the Administrator in accordance with the preceding paragraph, the Shares are withdrawn from the Participant’s account in accordance with paragraph 6.6.2.
Withdrawal Options. After the right to cancel period (refer to the cover page of this Contract) the Owner may take a partial or full withdrawal of the present value of the remaining variable Income Payments. Withdrawals are subject to the restrictions of the following Payout Options: [X] Note: At no time will funds invested in the Fixed Account be available for withdrawal.
Withdrawal Options. In the Deferral Phase, withdrawals are received through the Deferral Phase Withdrawal Option. In the Withdrawal Phase, withdrawals are received through one of the Living Benefit Guarantee Withdrawal Options: Standard Withdrawal Option or the Lifetime Withdrawal Option. Available withdrawal option depends on the Contract Phase and the ages of Annuitant and Joint Annuitant (if Joint Guarantee).
Withdrawal Options. Upon termination, an Employee may select one (1) of the following distribution options pursuant to the Internal Revenue Service (IRS) regulations:
a. Lump sum distribution of the vested account balance,
b. Rollover of the vested account balance into a qualified plan, or
c. Annuitizing the vested account balance if the Employee is also eligible for a defined benefit pension.
