Requesting a Withdrawal Sample Clauses

The 'Requesting a Withdrawal' clause outlines the process by which a party can formally request to remove funds or assets from an account or arrangement. Typically, this clause specifies the required steps, such as submitting a written notice, providing necessary documentation, and adhering to any waiting periods or approval processes. Its core function is to establish a clear and orderly method for withdrawals, reducing misunderstandings and ensuring that all parties follow agreed-upon procedures.
Requesting a Withdrawal. (a) The Account Owner may request a withdrawal by submitting a request signed by the Account Owner. (b) The Account Owner may direct the withdrawal to be made payable to the Account Owner, Beneficiary, or Eligible Educational Institution. The Account Owner also may direct Rollover Withdrawals.
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Requesting a Withdrawal. (1) In order for us to process your withdrawal request, you must: i) Request a withdrawal from the dedicated section of the client area on our website. Choose the "From" and "To" accounts; ii) Select a Method of Withdrawal; iii) Submit all compliance documentation requested by us and obtain approval from our compliance officer in order to proceed with the withdrawal. (2) Beneficiary Name must match the name on the trading account. Requests to transfer funds to third party will not be processed. (3) For verification of debit/credit card, the client must have made at least one deposit using the card and must have fully passed through the online fraud protection measures of the card processor. We cannot send funds back to an expired card. (4) For verification of bank source, the client must provide a copy of the bank Statement clearly showing their address and account details (and if requested the document should be certified). (5) If you have used a credit card to deposit money, the same credit card must be used to receive the proceeds of a withdrawal. However, the amount of withdrawal per credit card is typically only allowable (by the credit card company's own policies) to an equal amount of money deposited per credit card or less. Greater amounts must be wire- transferred to a bank account.
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Related to Requesting a Withdrawal

  • Demand Withdrawal A Demanding Holder and any other Holder that has requested its Registrable Securities be included in a Demand Registration pursuant to Section 3.1.3 may withdraw all or any portion of its Registrable Securities included in a Demand Registration from such Demand Registration at any time prior to the effectiveness of the applicable Demand Registration and will not be obligated to participate in any Underwritten Public Offering prior to executing the underwriting agreement relating thereto. Upon receipt of a notice to such effect from a Demanding Holder (or if there is more than one Demanding Holder, from all such Demanding Holders) with respect to all of the Registrable Securities included by such Demanding Holder(s) in such Demand Registration, the Company shall cease all efforts to secure effectiveness of the applicable Demand Registration Statement; provided that, for the avoidance of doubt, in the event of a request for a Demand Registration by more than one Demanding Holder, the Company shall continue all efforts to secure effectiveness of the applicable Demand Registration Statement with respect to the Registrable Securities requested to be included by each of the Holders that has not withdrawn its Registrable Securities. Notwithstanding any withdrawal by a Demanding Holder of Registrable Securities from a Demand Registration pursuant to this Section 3.1.4, the Demand Registration with respect to which the withdrawal was made shall be counted for purposes of the limit on Demand Registration Requests set forth in Section 3.1.2 unless (a) the Demanding Holders reimburse the Company for all expenses incurred in connection with the Demand Registration with respect to which the withdrawal was made, (b) the withdrawal is made as a result of an event that has had a material adverse effect on the business, assets, condition (financial or otherwise) or results of operations of the Company or (c) the withdrawal is made in response to a Demand Suspension pursuant to Section 3.1.6.

  • Voluntary Withdrawal If any Partner should withdraw from the Partnership, they must give at least days’ written notice to the Partnership. Such withdrawal shall have no effect on the day-to-day operations of the Partnership.

  • 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.

  • Involuntary Withdrawal Involuntary withdrawal of a Partner shall include, but not be limited to, the following: a.) Death of a Partner; b.) Partner that becomes incapacitated or not able to make decisions on their own as determined by a licensed physician; c.) A handicap of a Partner that prevents the individual from carrying out their Partnership duties and obligations; d.) Incompetence or negligence of a Partner; e.) A Partner’s breach of fiduciary duties;

  • 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.