Approval of Withdrawal Clause Samples

Approval of Withdrawal. A request to withdraw shall become effective only if the amendment to the Agreement is approved by vote of the Committee, is approved by the Commissioner, and is approved by majority vote at an annual or special town meeting in the town seeking to withdraw and in each of the other member towns, and the withdrawal can become effective no less than one full year after the completion of these requirements.
View SourceView Similar (25)
Approval of Withdrawal. ServiceMaster Consumer Services L.P. and Merry Maids, Inc. approve of the withdrawal by TSSGP as the Special General Partner under the LP Agreement.
View SourceView Similar (3)
Approval of Withdrawal. 432 A request to withdraw shall become effective only if the amendment to the Agreement is
View Source
Approval of Withdrawal. A withdrawal shall become effective on the second July 1 after: (a) the requirements of Section XI, Subsections A through E are satisfied (subject to IX); and, (b) the amendment to the Agreement and withdrawal is approved: (1) by majority vote at an annual or special town meeting in each member town, and (2) by the Commissioner. The Commissioner’s approval must be by the December 31 of the year that is at least two years prior to the July 1 withdrawal date. (For example, if the Commissioner approves on or before December 2018, the effective date cannot be prior July 1, 2020.) Prior to town meetings, the Regional School Committee will also hold a non-binding vote on the request to withdraw. Upon the effective date of withdrawal, the terms of office of all members serving on the Committee from the withdrawn town shall terminate and the total membership of the Committee shall be decreased accordingly.
View Source

Related to Approval of Withdrawal

  • Notice of Withdrawal We reserve the right to require not less than 7 days' notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. (The law requires us to reserve this right, but it is not our general policy to use it.) Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

  • Effect of Withdrawal The Company shall not be dissolved by the dissolution or other event of withdrawal of a Member if any Member remains to carry on the business of the Company.

  • Right of withdrawal If you are a consumer, you have the right to withdraw from the User Agreement without giving any reason and without penalty within 14 days of your account being opened. To do so, you must, within these 14 days, follow the process to close your account which will end the User Agreement. PayPal thinks consumers should have the choice to use our services or not so we don’t lock you into a contract. This is why, in addition to these mandatory rights, even after 14 days, you can end your agreement by closing your account. By making use of our services during the 14-day withdrawal period you require our services to be provided before the end of the 14-day right of withdrawal period. You will have to pay fees for the services you used (including during the 14-day withdrawal period) up until you close your account and withdraw your balance, if any. All pending transactions will be cancelled when you close your account. See the section “Closing your PayPal account” in the User Agreement for more details.

  • Withdrawal of Limited Partners No Limited Partner shall have any right to withdraw from the Partnership; provided, however, that when a transferee of a Limited Partner’s Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred, such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited Partner Interest so transferred.

  • Modification and Withdrawal of Bids 22.1 Bidders may modify or withdraw their bids by giving notice in writing before the deadline prescribed in Clause 20. 22.2 Each Bidder’s modification or withdrawal notice shall be prepared, sealed, marked, and delivered in accordance with Clause 18 & 19, with the outer and inner envelopes additionally marked “MODIFICATION” or “WITHDRAWAL”, as appropriate. 22.3 No bid may be modified after the deadline for submission of Bids. 22.4 Withdrawal or modification of a Bid between the deadline for submission of bids and the expiration of the original period of bid validity specified in Clause 15.1 above or as extended pursuant to Clause 15.2 may result in the forfeiture of the Bid security pursuant to Clause 16. 22.5 Bidders may offer discounts to, or modify the prices of their Bids only by submitting Bid modifications in accordance with this clause, or included in the original Bid submission.