Allocations During the Right to Cancel Period Sample Clauses

The "Allocations During the Right to Cancel Period" clause defines how costs, benefits, or responsibilities are distributed between parties during the timeframe in which one party has the legal right to cancel the agreement. Typically, this clause specifies which party is responsible for expenses incurred, services rendered, or benefits received if the contract is terminated within the cancellation window. For example, it may state that the buyer must pay for any services used before cancellation, or that the seller must refund payments for unused services. The core function of this clause is to ensure fairness and clarity regarding financial and practical obligations during the period when the contract can still be cancelled, thereby preventing disputes over who owes what if the agreement is rescinded.
Allocations During the Right to Cancel Period. We will allocate the Initial Purchase Payment in accordance with your most recent allocation instructions. Minimum Investment Option Value – We reserve the right to require that, as a result of any allocation to an Investment Option, any transfer, or any withdrawal, the remaining Account Value in any Investment Option must be at least $500. We also reserve the right to transfer any remaining Account Value that does not meet such minimum amount to your other Investment Options on a pro rata basis relative to your most recent allocation instructions for those Investment Options.
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Allocations During the Right to Cancel Period. We will allocate the Initial Purchase Payment in accordance with your most recent allocation Instructions.
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Allocations During the Right to Cancel Period. We will allocate the Initial Purchase Payment in accordance with your most recent allocation instructions. Minimum Investment Option Value — We reserve the right to require that, as a result of any allocation to an Investment Option, any Transfer, or any Withdrawal, the remaining Account Value in any Investment Option must be at least equal to the amount shown in the Contract Specifications. We also reserve the right to Transfer any remaining Account Value that does not meet such minimum amount to your other Investment Options on a pro-rata basis relative to your most recent allocation instructions. Variable Investment Options — The Variable Investment Options consist of Subaccounts of the Separate Account. The available Subaccounts as of the Contract Date are shown in the Contract Specifications.
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Allocations During the Right to Cancel Period. We will allocate the Initial Purchase Payment in accordance with your most recent allocation instructions. Minimum Investment Option Value — We reserve the right to require that, as a result of any allocation to an Investment Option, any transfer, or any withdrawal, the remaining Account Value in any Investment Option must be at least $500. We also reserve the right to transfer any remaining Account Value that does not meet such minimum amount to your other Investment Options on a pro rata basis relative to your most recent allocation instructions for those Investment Options. Credit Enhancement — We will add a Credit Enhancement to the Contract Value at the time each Purchase Payment is applied to this Contract. The amount of a Credit Enhancement is determined as a percentage of each Purchase Payment made to this Contract based on the table shown in the Contract Specifications. The Credit Enhancement will be applied at the time the Purchase Payment is effective. The Credit Enhancement will be allocated among Investment Options in the same proportion as the applicable Purchase Payment. During the first Contract Year, the Credit Enhancement percentage of the most recent Purchase Payment will apply to all prior Purchase Payments, if any. This will be accomplished by applying an additional Credit Enhancement to the Contract effective on the date of the most recent Purchase Payment. In no event will this additional Credit Enhancement be less than zero. We will allocate any additional Credit Enhancements among Investment Options in the same proportion as the most recent Purchase Payment.
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Related to Allocations During the Right to Cancel Period

  • Right to Cancel You have a right to cancel this Agreement for a period of fourteen (14) days commencing on the date on which this Agreement is concluded or the date on which you receive this Agreement (whichever is later) (the “ Cancellation Period”). Should you wish to cancel this Agreement within the Cancellation Period, you should send notice in writing or electronically to the addresses found in contact us section of our website. Cancelling this Agreement within the Cancellation Period will not cancel any Transaction entered into by you during the Cancellation Period. If you fail to cancel this Agreement within the Cancellation Period you will be bound by its terms but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • Termination of the Right to Use Upon termination of this Addendum for any reason, any right to use the System and access to the Data Access Services shall terminate and the Fund shall immediately cease use of the System and the Data Access Services. Immediately upon termination of this Addendum for any reason, the Fund shall return to State Street all copies of documentation and other Proprietary Information in its possession; provided, however, that in the event that either party terminates this Addendum or the Custodian Agreement for any reason other than the Fund’s breach, State Street shall provide the Data Access Services for a period of time and at a price to be agreed upon in writing by the parties.

  • STUDENT’S RIGHT TO CANCEL You have the right to cancel this agreement and obtain a refund of charges paid through the attendance at the first class session, or the seventh day after enrollment, whichever is later.

  • BUYER’S RIGHT TO CANCEL If after completion of an appraisal by a licensed appraiser, Buyer receives written notice from the Lender or the appraiser that the Property has appraised for less than the Purchase Price (a “Notice of Appraised Value”), Buyer may cancel the REPC by providing written notice to Seller (with a copy of the Notice of Appraised Value) no later than the Financing & Appraisal Deadline referenced in Section 24(c); whereupon the ▇▇▇▇▇▇▇ Money Deposit shall be released to Buyer without the requirement of further written authorization from Seller.

  • STATE'S RIGHT TO CARRY OUT THE WORK 3.4.1 If the Contractor defaults or neglects to carry out the Work in accordance with the Contract Documents and fails within seven days after receipt of written notice from the State to commence and continue correction of such default or neglect with diligence and promptness, the State may, after seven days following receipt by the Contractor of an additional written notice and without prejudice to any other remedy he may have, make good such deficiencies. In such case an appropriate Change Order shall be issued deducting from the payments then or thereafter due the Contractor the cost of correcting such deficiencies, including compensation for the Architect's and the State’s additional services made necessary by such default, neglect or failure. Such action by the State and the amount charged to the Contractor are both subject to review by the Architect under Paragraph 2.2.14 of these General Conditions. If the payments then or thereafter due the Contractor are not sufficient to cover the amounts paid by the State to make good such deficiencies, then the Contractor shall pay the difference to the Owner.