Notice for Withdrawal Sample Clauses

The Notice for Withdrawal clause establishes the requirement for a party to formally notify the other party if they intend to withdraw from an agreement or arrangement. Typically, this clause specifies the method of notification (such as written notice), the timeframe within which notice must be given (for example, 30 days in advance), and any particular details that must be included in the notice. Its core practical function is to ensure that both parties are given adequate warning and time to prepare for the withdrawal, thereby reducing the risk of sudden disruptions and promoting orderly transitions.
Notice for Withdrawal. 14 calendar days advance written notice is required prior to the last day of atten- dance. If I do not give 14 calendar days advance written notice of withdrawal, I agree to pay full tuition and fees due for the final two weeks regardless of my child’s attendance. If the parent/guardian does not give such notice, any advance money paid may be retained by SELC without limiting the SELC’s other legal remedies. I give permission for my child to be photographed/videoed in SELC and during program functions and field trips. I consent to the use of these photographs/videos for any legal use, including but not limited to publicity, advertising, and web content. Parent/Guardian Initials
Notice for Withdrawal. Except for certain interest-bearing demand deposit accounts that are, by their terms, payable on demand, federal law requires that we reserve the right to require not less than seven (7) days' prior written notice before a withdrawal is made from any interest- bearing account and to require that the funds from any deposit made to any such interest-bearing account remain on deposit not less than seven (7) days. GENERAL ACCOUNT INFORMATION AND TERMS‌ ACCOUNT ANALYSIS‌ Account Analysis is a service which offsets eligible Treasury Management and depository fees and charges by an "earnings credit allowance" determined by the Bank based upon the value to the Bank of your eligible deposit account balances. At the end of each monthly account analysis cycle, the Bank applies an annualized "earnings credit rate" to the eligible deposit balances to calculate the monthly earnings credit allowance. The earnings credit rate is determined by the Bank from factors applicable to it and the rate may vary. The earnings credit allowance so determined is then applied to the eligible Treasury Management and depository fees and charges assessable against your analyzed deposit account(s) during the month to cover or reduce the assessable fees and charges. Standard settlement is monthly. Any fees and charges not covered by the earning credit allowance are assessed against your account(s). Any unused earnings credit allowance is not available for withdrawal and not available to carry forward. From time to time, the Bank may review your accounts to determine, at the Bank's discretion, if the Account Analysis service is appropriate for you. Based on the review, the Bank may convert your accounts to analyzed status or to non-analyzed status, without notice to you unless required by law. If you deposit funds you hold for the benefit of a third party in any account maintained by you with us on which our fees and charges are offset by means of an earnings credit allowance, you represent that your use of the earnings credit allowance or any interest credited to the account will not violate any law, regulation, or agreement with the third party.
Notice for Withdrawal. Except for certain interest-bearing demand deposit accounts that are, by their terms, payable on demand, federal law requires that we reserve the right to require not less than seven (7) days' prior written notice before a withdrawal is made from any interest- bearing account and to require that the funds from any deposit made to any such interest-bearing account remain on deposit not less than seven (7) days. GENERAL ACCOUNT INFORMATION AND TERMS‌ BANK AND CLIENT ACCOUNT RELATIONSHIPThe account relationship between you and us is based on the Agreement. For a deposit account, the account relationship is that of a debtor (us) and a creditor (you). No fiduciary, quasi-fiduciary or other special relationship exists between you and us. BREACH OF WARRANTY‌ If you breach any warranty you make to us under the laws governing this Agreement or with respect to any item, you will not be released or discharged from any liability for the breach so long as we notify you of the breach within 120 days after we learn of the breach. If we fail to notify you within this 120-day period, you will be released from liability and discharged only to the extent our failure to notify you within this time period caused a Loss to you. CHECK IMAGES‌ In most cases we retain an image of each check paid against your Account and identified on your statement. We generally do not receive the original check and have no obligation to retain any original check received. You may request an image of any check or a larger image of any check identified on your statement by calling the telephone number printed on your statement. A Photocopy fee may be charged for check image requests. If the check image is unavailable or of poor quality, we are not liable to you for any Loss. COMPANY’S INSURANCE COVERAGE‌ Many businesses carry special insurance for employee fraud and/or embezzlement. If you do, we reserve the right to require you to file a claim with your insurance company before making any claim against us. In such event, we will consider your claim only after we have reviewed your insurance company’s decision, and our liability to you, if any, will be reduced by the amount your insurance company pays you. COMPLIANCE WITH LAW‌‌

Related to Notice for 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.

  • Termination for Withdrawal of Authority Enterprise Services may suspend or terminate this Master Contract if, during the term hereof, Enterprise Services’ procurement authority is withdrawn, reduced, or limited such that Enterprise Services, in its judgment, would lack authority to enter into this Master Contract; Provided, however, that such suspension or termination for withdrawal of authority shall only be effective upon twenty (20) days prior written notice; and Provided further, that such suspension or termination for withdrawal of authority shall not relieve any Purchaser from payment for goods and/or services already ordered as of the effective date of such notice. Except as stated in this provision, in the event of such suspension or termination for withdrawal of authority, neither Enterprise Services nor any Purchaser shall have any obligation or liability to Contractor.

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • Notice of Final Distribution The notice to be provided pursuant to Section 9.02 to the effect that final distribution on any of the Certificates shall be made only upon presentation and surrender thereof.

  • Permissible Withdrawals The Servicer may make withdrawals from each related Custodial P&I Account solely for the following: (a) remittances to the related Certificate Account; (b) reimbursement to itself for advances which have been recovered by subsequent collections including late payments, Liquidation Proceeds or Insurance Proceeds, to the extent funds on deposit recovered by such subsequent collections relate to the Mortgage Loans as to which such advances were made; (c) interest earnings on deposits to the related Custodial P&I Account, but only to the extent that such interest has been credited; (d) removal of amounts deposited in error; (e) removal of charges or other such amounts deposited on a temporary basis in the account; (f) removal of Servicing Fees to the extent deposited therein; and (g) termination of the account.