Withdrawals definition
Withdrawals has the meaning provided in Section 9.5, below.
Withdrawals. The Cash Manager may make withdrawals:
(a) on behalf of the Mortgages Trustee from the Mortgages Trustee Transaction Account and the Mortgages Trustee GIC Account;
(b) on behalf of Funding from the Funding GIC Account, any Funding (Issuer) GIC Account and the Funding Transaction Account, but only:
(i) with the prior consent of the Security Trustee as provided under the Funding Deed of Charge or following receipt of a request for withdrawal in writing from the Cash Manager on behalf of Funding; and
(ii) until receipt of an Intercompany Loan Enforcement Notice served by the Security Trustee on Funding (with a copy to the Funding Secured Creditors as soon as reasonable thereafter in accordance with and subject to the Funding Deed of Charge), as permitted by this Agreement, the Mortgages Trust Deed, the Bank Account Agreement, any Funding (Issuer) Bank Account Agreement, the Mortgages Trustee Guaranteed Investment Contract, the Funding Guaranteed Investment Contract, any Funding (Issuer) Guaranteed Investment Contract and the Funding Deed of Charge, but shall not in carrying out its functions as Cash Manager under this Agreement otherwise make withdrawals from the Mortgages Trustee Transaction Account, the Mortgages Trustee GIC Account or the Funding Bank Accounts. Following enforcement of the Funding Security, the Cash Manager will not be entitled to make withdrawals from any Funding Account other than in accordance with the instructions of the Security Trustee.
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
Examples of Withdrawals in a sentence
Withdrawals from any Escrow Account may be made (to the extent amounts have been escrowed for such purpose) only in accordance with the applicable Servicing Agreement.
Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements.
Withdrawals from any bank accounts shall be made only in the regular course of business of the Company and shall be made upon such signature or signatures as the Member(s) from time to time may designate.
Permitted Withdrawals and Transfers from the Distribution Account.
Withdrawals from any bank accounts shall be made only in the regular course of business of the Company and shall be made upon such signature or signatures as the Members from time to time may designate.
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. The Cash Manager may make withdrawals:
(a) on behalf of the Mortgages Trustee from the Mortgages Trustee Bank Accounts;
(b) on behalf of Funding from the Funding Bank Accounts, but only:
(i) with the prior consent of the Security Trustee as provided under the Funding Deed of Charge or following receipt of a request for withdrawal in writing from the Cash Manager on behalf of Funding; and
(ii) until receipt of a Funding Intercompany Loan Enforcement Notice served by the Security Trustee on Funding (with a copy to the Funding Secured Creditors as soon as reasonable thereafter in accordance with and subject to the Funding Deed of Charge);
(c) on behalf of Funding 2 from the Funding 2 Bank Accounts, but only:
(i) with the prior consent of the Funding 2 Security Trustee as provided under the Funding 2 Deed of Charge or following receipt of a request for withdrawal in writing from the Cash Manager on behalf of Funding 2; and
(ii) until receipt of a Funding 2 Intercompany Loan Enforcement Notice served by the Funding 2 Security Trustee on Funding 2 (with a copy to the Funding 2 Secured Creditors as soon as reasonable thereafter in accordance with and subject to the Funding 2 Deed of Charge), as permitted by this Agreement and the other Transaction Documents;
(d) on behalf of Funding 2 from the Funding 2 Swap Collateral Account as permitted by this Agreement and the other Transaction Documents; and
(e) on behalf of Funding from the Funding Swap Collateral Account as permitted by this Agreement and other Transaction Documents.
Withdrawals. [check desired option]:
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. 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 means prior ERR amounts withdrawn by The Standard from the Policyholder’s CFR account.
Withdrawals means Benefit payments made available from the Bond by:
Withdrawals means withdrawals of any type (including free withdrawals and partial withdrawals) without consideration of any contingent deferred sales charge. The death benefit is as follows, and is subject to items(1) and (2) below: