Net Withdrawals definition

Net Withdrawals with respect to that Guarantee.
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Net Withdrawals with respect to a Guarantee are the actual amounts credited to the Annuitant through transfers with respect to that Guarantee pursuant to Section 3.05, and the actual amounts paid to the Annuitant through partial withdrawals with respect to that Guarantee pursuant to Section 3.06, exclusive of any Guarantee Withdrawal Charges assessed. Withdrawals of recordkeeping fees from a Guarantee are not included in "Net Withdrawals". The Guarantee Withdrawal Charge will be deducted from the remaining amounts in the Annuitant's Guarantee after the withdrawal or transfer payment is processed; except the Guarantee Withdrawal Charge may be deducted from the withdrawal or transfer payment if there is an insufficient amount in the Annuitant's Guarantee to pay such a charge.
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Net Withdrawals with respect to a Guarantee are the actual amounts credited to a Participant through transfers with respect to that Guarantee pursuant to Section 3.05, and the actual amounts paid to a
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More Definitions of Net Withdrawals

Net Withdrawals means at any time during the period of this Agreement the difference between the total amount of withdrawals having been made up to such time and the total amount of repayments having been made up to such time.
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Related to Net Withdrawals

  • Market Withdrawal means a Person’s Removal or Correction of a distributed product which involves a minor violation that would not be subject to legal action by the FDA or which involves no violation, e.g., normal stock rotation practices, routine equipment adjustments and repairs, etc.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Yield Supplement Withdrawal Amount means, with respect to any Collection Period and the related Deposit Date, the lesser of (a) the amount on deposit in the Yield Supplement Account and (b) the sum of (i) the Yield Supplement Amount and (ii) after giving effect to the withdrawal of the Yield Supplement Amount, the amount by which the amount on deposit in the Yield Supplement Account exceeds the Maximum Yield Supplement Amount.

  • Excess Withdrawal is a withdrawal of Account Value that exceeds the Free Withdrawal Amount. This term may not apply to your Contract.