OF TRANSFERS definition

OF TRANSFERS. PERMITTED: Subject to the Company's administrative rules regarding active trading, there are no limits on the number of transfers that can be made during the Accumulation Period or during the Annuity Period; however, the Company reserves the right to impose a fee for excessive transfers after properly notifying the customer. TRANSFER FEE: Except for the Transaction Fee described above, if any, there are no transfer fee restrictions; however, the Company reserves the right to impose a fee at a later date for excessive transfers after properly notifying the customer. The Company reserves the right to impose any fees charged by the underlying Sub-Account Portfolio.
OF TRANSFERS. Subject to the conditions imposed on such transfers by the Company, Contract Owners may make unlimited transfers during the Accumulation Period and 6 transfers per calendar year during the Annuity Period. The Company reserves the right to further limit the number of transfers in the future. FREE TRANSFERS: 12 per calendar year during the Accumulation Period; 6 per calendar year during the Annuity Period. All transfers made during a Valuation Period are deemed to be one transfer. TRANSFER FEE: The Transfer fee will not exceed the lesser of $20 or 2% of the amount transferred for each transfer beyond the 12 free unscheduled transfers allowed per calendar year. Transfers made by the Company from the CMFS - Money Market Sub-Account at the end of the Right to Examine Contract period do not count against the transfer limit.
OF TRANSFERS. Subject to the conditions imposed on such transfers by the Company, Contract Owners may make unlimited transfers during the Accumulation Period and 6 transfers per calendar year during the Annuity Period. The Company reserves the right to further limit the number of transfers in the future. FREE TRANSFERS: 12 per calendar year during the Accumulation Period; 6 per calendar year during the Annuity Period. All transfers made during a Valuation Period are deemed to be one transfer. TRANSFER FEE: The Transfer fee will not exceed the lesser of $20 or 2% of the amount transferred for each transfer beyond the 12 free unscheduled transfers allowed per calendar year. In addition, all transfers made as a result of a dollar cost averaging or rebalancing program will be considered as free scheduled transfers that do not count toward the 12 free unscheduled transfers.

Examples of OF TRANSFERS in a sentence

  • IN ADDITION, EXCEPT IN THE CASE OF TRANSFERS TO EXISTING CERTIFICATEHOLDERS, THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY WITH THE EXPRESS WRITTEN CONSENT OF THE DEPOSITOR (WHICH CONSENT MAY BE WITHHELD FOR ANY REASON OR FOR NO REASON).

  • CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFERS OF TRANSFER RESTRICTED NOTES This certificate relates to $_________ principal amount of Notes held in (check applicable space) ____ book-entry or _____ definitive form by the undersigned.

  • TRANSFERS AMOUNT AND FREQUENCY OF TRANSFERS Upon request and as long as the Policy is in effect, You may transfer amounts among the Fixed Account and Sub-Accounts.

  • SIGNATURE GUARANTEED CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFERS OF TRANSFER RESTRICTED NOTES1 This certificate relates to $ principal amount of Notes held in (check applicable space) book-entry or definitive form by the undersigned.

  • CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFERS OF TRANSFER RESTRICTED NOTES This certificate relates to $ principal amount of Notes held in (check applicable space) book-entry or definitive form by the undersigned.

  • TRANSFERS: NUMBER OF TRANSFERS PERMITTED: Currently, there are no limits on the number of transfers that can be made among Subaccounts.

  • PROVIDED THAT IN THE CASE OF TRANSFERS PURSUANT TO (C) OR (D) ABOVE, THE HOLDER OF THE SECURITIES HAS FURNISHED TO THE ISSUER AN OPINION OF COUNSEL OF RECOGNIZED STANDING IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER.

  • MAXIMUM NUMBER OF TRANSFERS: 12 per Contract Year, excluding automatic DCA transfers.

  • CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFERS OF TRANSFER RESTRICTED NOTES1 This certificate relates to $ principal amount of Notes held in (check applicable space) book-entry or definitive form by the undersigned.

  • Schedule I SCHEDULE OF TRANSFERS AND EXCHANGES The initial principal amount of this Global Security is $ ( DOLLARS).


More Definitions of OF TRANSFERS

OF TRANSFERS. PERMITTED: [During the Accumulation Period: Subject to any transfer fees and any minimum and maximum amounts that may be transferred, there is no limitation on the number of transfers that can currently be made between Subaccounts. Currently, you can make unlimited transfers to any Fixed Account Option, subject to any transfer fees and any required minimum and maximum amounts that may be transferred. You can make a transfer from any Guarantee Period of Fixed Account II, without any limitation or transfer fee, at the end of the Guarantee Period. We reserve the right to modify the above, but the Owner will always be allowed at least [12] transfers between Subaccounts in a Contract Year during the Accumulation Period. During the Annuity Period: Currently, during a Contract Year you can make [4] transfers between Subaccounts of the Separate Account, subject to any minimum and maximum amounts that may be transferred. Currently you can make [4] transfers each Contract Year from one or more Subaccounts to the General Account, subject to any minimum and maximum amounts that may be transferred. You may not make a transfer from the General Account to the Separate Account.]
OF TRANSFERS. PERMITTED: There are no limits on the number of transfers that can be made. We reserve the right to change this, but you will always be allowed at least 12 transfers in any Contract Year. Currently, you are allowed [12] free transfers each Contract Year. This applies to transfers prior to and after the Income Date.

Related to OF TRANSFERS

  • Date of Transfer means the date of registration of transfer of the Property into the name of the Purchaser in the Deeds Registry in Pietermaritzburg;

  • As Of Transaction means any single or “related transaction” (as defined below) involving the purchase or redemption of Shares (including exchanges) that is processed at a time other than the time of the computation of the Fund’s net asset value per share next computed after receipt of any such transaction order by Price Services due to an act or omission of Price Services. “As Of Processing” refers to the processing of these As Of Transactions. All As Of Processing may only be performed in accordance with the requirements of Rule 22c-1 of the ’40 Act. Price Services is responsible for monitoring As Of Transactions procedures that set forth the circumstances under which As Of Transactions are permitted. If more than one As Of Transaction (“Related Transaction”) in the Fund is caused by or occurs as a result of the same act or omission, such transactions shall be aggregated with other transactions in the Fund and be considered as one As Of Transaction. · Reporting Price Services shall:

  • Notice of Transfer With regard to Distressed Mortgage Loans that will become Transferred Mortgage Loans, the notice given by the related Prior Servicer (if such Prior Servicer is Aurora) to the Master Servicer, the applicable Custodian, the Trustee and the Special Servicer or by the Master Servicer (if the related Prior Servicer(s) are not Aurora) to the Prior Servicer(s), the applicable Custodian, the Trustee and the Special Servicer, in each case substantially in the form of Exhibit A hereto.

  • Deed of Transfer means the notarial instrument of transfer of the Shares (as relevant), substantially in the forms set forth in Schedule E.

  • Transfers and “Transferred” have the correlative meanings.

  • Letter of Transmittal means the letter of transmittal to be prepared by the Company and sent to all Holders of the Notes for use by such Holders in connection with the Exchange Offer.

  • Letter of Transmittal and Election Form means the letter of transmittal and election form for use by the Corporation Shareholders with respect to the Arrangement;

  • DTC means The Depository Trust Company.

  • Book-Entry Custodian The custodian appointed pursuant to Section 5.01.

  • Spin-Off Transaction means a distribution by the Company to its shareholders of all or any portion of the securities of any Subsidiary of the Company.

  • Individual Certificate Any Private Certificate registered in the name of the Holder other than the Depository or its nominee.

  • Termination of Trading means the Common Stock, or other Capital Stock into which the Notes are then convertible, is not listed for trading on a United States national securities exchange or approved for quotation on a U.S. system of automated dissemination of quotations of securities prices similar to The NASDAQ Global Select Market prior to its designation as a national securities exchange.

  • Book entry form or “book entry system” means a form or system under which (i) the ownership of book entry interests in Bonds and the principal of and interest on the Bonds may be transferred only through a book entry and (ii) physical Bond certificates in fully registered form are issued by the City only to a Depository or its nominee as registered owner, with the Bonds deposited and maintained in the custody of the Depository or its agent. The book entry maintained by others than the City is the record that identifies the owners of book entry interests in those Bonds and that principal and interest.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Book-Entry Certificate Any Certificate registered in the name of the Depository or its nominee.

  • Euroclear Sweden means Euroclear Sweden AB, the Swedish central securities depository;

  • Department of Transportation means the United States Department of Transportation and any agency or instrumentality of the United States government succeeding to its functions.

  • Nominee is defined in Section 6.1.

  • Global Receipt Depository means, with respect to any Receipt issued hereunder, DTC or such other entity designated as Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended.

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • Residual Certificate The Class R Certificate.