Early Withdrawal Charge will be imposed on most Common Shares accepted for payment which have been held for less than five years. The Offer to Purchase and the Letter of Transmittal are being forwarded to you as the beneficial owner of Common Shares held by us for your account but not registered in your name. A tender of such shares can be made only by us as the holder of record and only pursuant to your instructions. WE ARE SENDING YOU THE LETTER OF TRANSMITTAL FOR YOUR INFORMATION ONLY; YOU CANNOT USE IT TO TENDER COMMON SHARES WE HOLD FOR YOUR ACCOUNT. Your attention is called to the following:
Early Withdrawal Charge. The early withdrawal charge that may apply to a withdrawal or surrender under the Contract. It does not include the reduction in the value of an Indexed Strategy on account of a decline in the Index. It does not include the impact of a vesting factor or other calculation applied to determine the increase in the value of an Indexed Strategy for a rise in the Index. It does not include a rider fee or charge. Facility: A Skilled Nursing Facility, as defined in the Medicare program; a convalescent nursing home, as defined in the Medicare program; an extended care facility, as defined in the Medicare program; a residential care facility, as defined in the California Health and Safety Code; or a residential care facility for the elderly, as defined in the California Health and Safety Code.
Early Withdrawal Charge. The Early Withdrawal Charge is a percentage of each Net Purchase Payment made and is based on the period of time after it is received by us. Age of Purchase Payment in Calendar Years ------------------------------------------ 1 2 3 4 5 6 7 8+ Early Withdrawal Charge 6% 6% 5% 4% 3% 2% 1% 0% TRANSFER OPTIONS AND CHARGES: NUMBER OF FREE TRANSFERS IN A CERTIFICATE YEAR: [12] EXCESS TRANSFER CHARGE: [$10] PARTIAL WITHDRAWAL OPTIONS AND CHARGES: WITHDRAWALS: MINIMUM WITHDRAWAL AMOUNT: [$500], except for a SYSTEMATIC WITHDRAWAL SERVICE (ACCEPTABLE TO US): [$100] MINIMUM CERTIFICATE VALUE AFTER WITHDRAWAL: If a withdrawal would reduce the Certificate Value below the greater of A or the sum of B and C, then we will treat the transaction as a full withdrawal.
Examples of Early Withdrawal Charge in a sentence
In determining whether the repurchase of Shares is subject to an Early Withdrawal Charge, the Fund will repurchase those Shares held the longest first.
To the extent that the Repurchased Units are subject to an Early Withdrawal Charge (as defined in Payor’s offering memorandum), such Early Withdrawal Charge will be deducted from the Payment Amount.
An Early Withdrawal Charge to recover distribution expenses will be assessed on Shares accepted for purchase which have been held for less than the applicable holding period.
An "Early Withdrawal Charge" will be imposed on most Common Shares accepted for payment which have been held for less than five years.
An "Early Withdrawal Charge" will be imposed on most Common Shares accepted for payment that have been held for less than five years.
An "Early Withdrawal Charge" will be imposed on most common shares accepted for payment that have been held for less than five years.
Section 105.3 of the Alberta Gaming, Liquor and Cannabis Regulation was included.
An "Early Withdrawal Charge" will be imposed on most Common Shares accepted for payment that have been held for less than one year.
An "Early Withdrawal Charge" will be imposed on most common shares accepted for payment that have been held for less than one year.
These effects may be reduced or eliminated to the extent that additional purchases of Shares are made by new and/or existing Shareholders from time to time, although there can be no assurances that such additional purchases will occur.A Shareholder who tenders all or a portion of his or her Shares prior to holding such Shares for at least one year will be subject to an Early Withdrawal Charge due to the Fund equal to 2.0% of the amount requested to be purchased, to be netted against withdrawal proceeds.
More Definitions of Early Withdrawal Charge
Early Withdrawal Charge. The early withdrawal charge that may apply to a withdrawal or surrender under the Contract. It does not include the reduction in the value of an Indexed Strategy on account of a decline in the Index. It does not include the impact of a vesting factor or other calculation applied to determine the increase in the value of an Indexed Strategy for a rise in the Index. It does not include a rider fee or charge. Exhibit 4(l) Facility: A Skilled Nursing Facility, as defined in the Medicare program; a convalescent nursing home, as defined in the Medicare program; an extended care facility, as defined in the Medicare program; a residential care facility, as defined in the California Health and Safety Code; or a residential care facility for the elderly, as defined in the California Health and Safety Code. Home Care or Community-Based Services: Home health care, adult day care, personal care, homemaker services, hospice services and respite care as each is defined below.
Early Withdrawal Charge will be imposed on most Common Shares accepted for payment that have been held for four years or less. The NAV on November 3, 1995, was $9.98 per Common Share. The purpose of the Offer is to provide liquidity to shareholders since the Trust is unaware of any secondary market which exists for the Common Shares. The Offer is not conditioned upon the tender of any minimum number of Common Shares. If more than 4,000,000 Common Shares are duly tendered prior to the expiration of the Offer, assuming no changes in the factors originally considered by the Board of Trustees when it determined to make the Offer and subject to the other conditions set forth in the Offer, the Trust will either extend the Offer, if necessary, and increase the number of Common Shares that the Trust is offering to purchase to an amount which it believes will be sufficient to accommodate the excess Common Shares tendered as well as any Common Shares tendered during the extended offer period or purchase 4,000,000 (or such larger number of Common Shares sought) of the Common Shares tendered on a pro rata basis. Common Shares tendered pursuant to the Offer may be withdrawn at any time prior to 12:00 Midnight, New York City time on December 15, 1995, and, if not yet accepted for payment by the Trust, Common Shares may also be withdrawn after January 17, 1996. To be effective, a written, telegraphic, telex or facsimile transmission notice of withdrawal must be timely received by Xxxx Xxxxxx Trust Company, the Depositary. Any notice of withdrawal must specify the name of the person having tendered the Common Shares to be withdrawn, the number of Common Shares to be withdrawn, and, if certificates representing such Common Shares have been delivered or otherwise identified to the Depositary, the name of the registered holder(s) of such Common Shares as set forth in such certificates if different from the name of the person tendering such Common Shares. If certificates have been delivered to the Depositary, then, prior to the release of such certificates, the Shareholder must also submit the certificate numbers shown on the particular certificates evidencing such Common Shares and the signature on the notice of withdrawal must be guaranteed by an eligible guarantor acceptable to the Depositary. Any Common Shares tendered on behalf of a shareholder by Xxxx Xxxxxx Xxxxxxxx Inc. may be withdrawn by Xxxx Xxxxxx Xxxxxxxx Inc. The Information required to be disclosed by paragraph (d)(1) of Rule 13e-4 un...
Early Withdrawal Charge. The early withdrawal charge that may apply to a withdrawal or surrender under the Contract. It does not include the reduction in the value of an Indexed Strategy on account of a decline in the Index. It does not include the impact of a vesting factor or other calculation applied to determine the increase in the value of an Indexed Strategy for a rise in the Index. It does not include a rider fee or charge.
Early Withdrawal Charge will be imposed on most Common Shares accepted for payment which have been held for less than one year. The Offer to Purchase and the related Letter of Transmittal are being forwarded to you as the beneficial owner of Common Shares held by us for your account but not registered in your name. A tender of such shares can be made only by us as the holder of record and only pursuant to your instructions. WE ARE SENDING YOU THE LETTER OF TRANSMITTAL FOR YOUR INFORMATION ONLY; YOU CANNOT USE IT TO TENDER COMMON SHARES WE HOLD FOR YOUR ACCOUNT. Your attention is called to the following:
Early Withdrawal Charge means a 25% charge payable to HMRC in respect of certain withdrawals from the Lifetime element as required by the ISA Regulations.
Early Withdrawal Charge. An early withdrawal charge may be applied to a full surrender or partial withdrawal of cash value in excess of the withdrawal amount without early withdrawal charge. For the pur-pose of accessing an early withdrawal charge, with-drawals are assumed to come from purchase payments first, beginning with the oldest payment. Early withdrawal charges will be based on the age(s) of the purchase payment(s) associated with the withdrawal according to the following schedule: Maximum Complete Contract Withdrawal Years since Purchase Charge Payment was made Percent -----------------------------------------