Withdrawals definition

Withdrawals. The Cash Manager may make withdrawals:
Withdrawals of amounts related to the Mortgage Loans from the Servicing Accounts may be made only to effect timely payment of taxes, assessments, hazard insurance premiums, Primary Insurance Policy premiums, if applicable, or comparable items, to reimburse the Servicer or Subservicer out of related collections for any payments made pursuant to Sections 3.11 (with respect to the Primary Insurance Policy) and 3.12(a) (with respect to hazard insurance), to refund to any Mortgagors any sums as may be determined to be overages, to pay interest, if required, to Mortgagors on balances in the Servicing Account or to clear and terminate the Servicing Account at the termination of this Agreement in accordance with Section 9.01. As part of its servicing duties, the Servicer shall, and the Subservicers will, pursuant to the Subservicing Agreements, be required to pay to the Mortgagors interest on funds in this account to the extent required by law.
Withdrawals has the meaning provided in Section 9.5, below.

Examples of Withdrawals in a sentence

  • Students are ineligible for dual enrollment if their college GPA is below 2.0 or their unweighted high school GPA is below 3.0. Withdrawals The Parent must submit a withdrawal request to the Office of Dual Enrollment to withdraw a student from a course.

  • Withdrawals and transfers must always be made in the interests of the minor or Protected Adult.

  • Withdrawals and transfers from your Account may be restricted as provided in the Agreement or by applicable law.

  • Withdrawals can be made on monies contributed by the employee in excess of the monthly maximum per year by written request on January 1 and July 1.

  • Withdrawals and transfers must always be made in the interests of the persons represented.


More Definitions of Withdrawals

Withdrawals. All requests for withdrawal shall be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing. The tax identification number of the recipient must be provided to us before we are obligated to make a distribution. Any withdrawals shall be subject to all applicable tax and other laws and regulations including possible early withdrawal penalties and withholding requirements.
Withdrawals. Any person who signs as a joint owner on a Signature Card may withdraw or transfer all or any part of the account balance at any time. If you voluntarily give out your account number to a third person by telephone, that act authorizes the recipient of the information to initiate debits to your account even though that particular transaction is not authorized. The Credit Union will not be liable for those withdrawals. Federal Credit Union bylaws give the Credit Union authority to impose a written notice of seven days up to sixty days before intended withdrawal of funds. TRANSFER LIMITATIONS: Six pre-authorized, automatic or telephone transfers (including transfers done through Freedom Phone, Freedom Teller, or Mobile Banking) are allowed monthly from savings. Any other transfers must be accompanied by a signature.
Withdrawals. [check desired option]:
Withdrawals means Benefit payments made available from the Bond by:
Withdrawals means withdrawals of any type (including free withdrawals and partial withdrawals) before the application of any contingent deferred sales charge and after any applicable MVA. The death benefit is as follows, and is subject to items(1) and (2) below:
Withdrawals. During the Accumulation Period, You may request partial withdrawals or a full withdrawal of the Surrender Value, subject to the Requirements and Limitations described on the Contract Schedule. A withdrawal will be processed as of the end of the Valuation Period during which We receive all the information necessary to process the withdrawal at Our Service Center. Partial withdrawals will be deducted from the subaccounts as described on the Contract Schedule. For a full withdrawal, upon receipt of this Contract and all other information necessary to process the withdrawal at Our Service Center, We will determine and pay You the Surrender Value and this Contract will terminate.
Withdrawals. Families withdrawing students prior to the first day of school shall be refunded the entire amount of tuition which has been paid for the current school year. After the first day of school, tuition refunds shall be prorated on a monthly basis for those students withdrawing. If after pro-ration the student account is overpaid, a refund will be issued. If after pro-ration, the student account is underpaid, the underpaid balance must be paid immediately. When a student terminates attendance all unpaid tuition fees and other school charges become immediately due and payable. If a student attends any part of a month, the family is responsible for the entire month of tuition. • Entrance Mid-Year: Tuition will be prorated beginning with the month of enrollment • Medical or Personal Absences or Extended Leaves: Tuition will not be prorated. • Tuition is NOT prorated for students who have been issued an I20. Students with an I20 are not accepted after the start of the school year and are only accepted if they will be in attendance the entire year. Tuition is due for the full year even if the student withdraws prior to the end of the academic year.