Withdrawals from Accounts Sample Clauses

Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.
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Withdrawals from Accounts. Amounts credited to the Certificate Account, the Funding Account, and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Mae for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account on the final Distribution Date in any month following distribution of the Lower Tier Distribution Amount for such month and any required deposit to the Funding Account, such amounts may be withdrawn by Xxxxxx Xxx as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Mae for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.
Withdrawals from Accounts. Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution required hereby. In the event that amounts shall remain in the Trust Account on any Distribution Date following distributions of (i) the Net Interest Distribution Amount for such Distribution Date and (ii) the Principal Distribution Amount for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Section 3.02 hereof. Any amount so withdrawn shall no longer be a part of the Trust Fund.
Withdrawals from Accounts. Unless we have agreed with you otherwise and have indicated our agreement on your account(s) records, each of you, acting singly, may withdraw funds from your account(s) by signing as the maker of any check, signing any withdrawal order, or otherwise as we may permit. Any of you may endorse any item payable to you or your order for deposit into your account(s). You agree not to postdate any check or other order for withdrawal. If you do postdate any item, you agree that we may charge your account(s) for the item even though payment is made before the date on the check. We will not do this if we have received written notice from you with respect to such postdating which notice must be delivered in time for us to have a reasonable opportunity to act on it and must identify the check by date, number, amount and payee. We are not obligated to honor any item presented for payment against your account(s) unless there are sufficient available funds to pay such item. If we do pay any such item and, as a result, an overdraft occurs in your account(s), you agree to immediately deposit sufficient funds in your account(s) to eliminate such overdraft. We may require that you provide us notice in writing at least 7 days prior to each withdrawal from any account you have with us that bears interest (other than a time deposit or NB Business Interest Checking) or from any savings account as defined by Regulation D issued by the Consumer Financial Protection Bureau. You may be subject to a penalty in the event that you withdraw funds from a time account prior to its maturity or prior to the expiration of any notice period. The existence and amount of any such penalty will be set forth in your truth-in-savings Disclosure Statement. You may close your account(s) and withdraw all of the funds therein at any time, subject to the provisions of the preceding paragraph. We may close your account(s) at any time by providing notice to you of such closure, accompanied by a check for the amount of funds therein, plus, if applicable, any credited interest thereon.
Withdrawals from Accounts. Amounts credited to the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distribution required hereby. In the event that amounts shall remain in the Trust Account on any Distribution Date following distributions of (i) the Interest Distribution Amount for each Class of Certificates for such Distribution Date (ii) the Principal Distribution Amount for each Class of Certificates for such Distribution Date and (iii) any Guaranty Payment for each Class of Certificates for such Distribution Date, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Section 3.02 hereof. Any amount so withdrawn shall no longer be a part of the Trust Fund.
Withdrawals from Accounts. Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account or the Trust Account on any Distribution Date following distributions of
Withdrawals from Accounts. Borrower shall not have the right to make any withdrawals, or authorize any disbursement from, any of the Accounts except as expressly set forth in the Account Agreements.
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Withdrawals from Accounts. Only the Account Owner of an Account may direct withdrawals from the Account. To make a withdrawal from an Account, the Account Owner must request a withdrawal online and provide such other information or documentation as the Plan may require from time to time.
Withdrawals from Accounts. All payments to be made from time to time by or on behalf of the Indenture Trustee to Noteholders out of funds in the Accounts pursuant to this Indenture will be made by or on behalf of the Indenture Trustee to the Paying Agent not later than 12:00 noon on the applicable Payment Date or earlier, if necessary, or as otherwise provided in Article V or the applicable Indenture Supplement but only to the extent of available funds in the applicable Account or sub-Account.
Withdrawals from Accounts. (A) If an Enforcement Event has occurred and is continuing, each Chargor shall not withdraw any moneys (including interest) standing to the credit of any of its Bank Accounts other than with the prior consent of the Lender.
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