Withdrawable definition

Withdrawable means shares with the associated right for the Member to withdraw and receive in return the value of their shares from the Society;
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Withdrawable in relation to shares means shares with the associated right for the Member to withdraw their shares and receive in return the value of their shares from the Co-operative.
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Withdrawable means shares with the associated right for the Member to withdraw and receive in return the value of their shares from the Co-operative in accordance with the provisions of these Rules;
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Examples of Withdrawable in a sentence

  • Shares shall be Withdrawable only in accordance with the provisions of these Rules.

  • If your Margin Cover is not positive, there will be no Withdrawable Funds.

  • When the actual available value of margin collaterals is lower than 80% of the trading margin: Withdrawable amount = the current cash balance – (the trading margin – the actual available value of the margin collaterals) – the minimum clearing deposit.

  • Withdrawable Funds means the amount of cash which would be paid to you from the Account if requested.

  • The amount of the Withdrawable Funds is the lesser of the cash balance of your Account and the Margin Cover.

  • There are Withdrawable Funds only if your Account balance is a positive amount.

  • Withdrawable shares or debt securities will not be issued, or loans received, if it would result in one natural person holding more than a quarter of all withdrawable share capital, or of all debts; or if it would exceed the limits specified in 1.6 (c).

  • Withdrawable shares may be reduced in value by the committee in the event that independent accountants certify that the co-operative's liabilities, plus issued withdrawable share capital, have become more than the value of its assets.

  • Different rates may be paid, graduated according to the amount of share capital in the Society held by a Member, or on the basis of other terms and conditions applying to Withdrawable shares.

  • The Bank shall have no obligation to make any disbursement of any Withdrawable Funds (or any other funds) to the Company or any other person until the Bank had received final payment therefor.


More Definitions of Withdrawable

Withdrawable means shares that are transferable to another Person who also qualifies for membership of the Society in accordance with these Rules;
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Withdrawable means shares with the associated right for the Member to withdraw in accordance with these Rules;
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Withdrawable means shares with the associated right for the Member to withdraw
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Withdrawable means shares with the associated right for the Member
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Related to Withdrawable

  • 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.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Covered Account means an account holding Fund shares established by a financial intermediary for a natural person as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through PNC.

  • Covered Amount means, for any Distribution Date with respect to the Controlled Accumulation Period or the first Special Payment Date, if such Special Payment Date occurs prior to the date the Class A Invested Amount is paid in full, an amount equal to the sum of (x) with respect to the Class A Certificates, the product of (i) the Class A Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and, (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class A Certificates and (y) with respect to the Class B Certificates, the product of (i) the Class B Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class B Certificates.