Withdrawals and additions Sample Clauses

The "Withdrawals and additions" clause defines the rules and procedures for removing or adding funds, assets, or parties within the context of an agreement. It typically outlines the conditions under which withdrawals or additions can be made, any notice requirements, and potential limitations or approvals needed. For example, it may specify how a party can withdraw funds from a joint account or how new assets can be contributed to a shared investment. This clause ensures clarity and structure in managing changes to the agreement, helping to prevent disputes and misunderstandings regarding the movement of resources or participants.
Withdrawals and additions. If a Customer: 4.10.1 vacates a Site;
Withdrawals and additions. If a Customer: vacates a Site; sells, assigns, transfers or otherwise disposes of its interest in a Site; or removes a Supply Point Point from a Site, or otherwise disconnects a Supply Point from the Transporter's network and/or the Distribution System to which the Supply Point is connected, as a result of which the Customer no longer wishes the Supplier to provide the Supply to a Supply Point ("Supply Point Withdrawal"), the Customer shall give the Supplier no less than thirty (30) Days’ notice in writing that it no longer wishes the Supplier to provide the Supply to the relevant Supply Point and shall state the date upon which (subject to the remaining provisions of this Clause 4) such Supply shall cease (“Withdrawal Date”). The Customer shall continue to be liable for Fixed Daily Charges in respect of such a Supply Point until the later of: sixty (60) days after notice is given by the Customer under this Clause 4.10; and the date the Supply Point Withdrawal becomes effective in accordance with Clause 4.13, and accordingly, should the Supply Point Withdrawal not become effective in accordance with Clause 4.13, the Customer will remain liable for the relevant Charges.. Without prejudice to the Supplier's right to lodge a Transfer Objection under Clause 18, where Clause 4.10.2 applies, the Supplier shall co-operate with the new Gas Supplier and do such things as are necessary to enable the Registration of the new Gas Supplier as soon as reasonably practicable. The Customer shall, within two (2) Working Days of the date a Supply Point Withdrawal becomes effective in accordance with Clause 4.13, provide the Supplier with written notice which shall include: the date when such Supply Point Withdrawal was made; where Clause 4.10.2 applies, details of the new occupier of the Supply Point (including contact information); where Clause 4.10.2 applies, the date the new occupier took occupancy of the Supply Point; and meter readings on the date on which the Supply Point Withdrawal took effect. For the purposes of Clauses 4.10 and 4.12, a Supply Point Withdrawal shall become effective in relation to a Supply Point on the earlier of the date which:
Withdrawals and additions. 5.1 Supplemental Parties to this Agreement (i) agreeing, in writing, to become a party to and be bound by this Agreement by executing the Accession form in the form attached as Schedule “H” and all other agreements and documents executed pursuant to this Agreement (including the Amended and Restated Shareholders Agreement) and (ii) paying such consideration or making such loans to the Corporation as may be required by the Corporation to balance the interests of such person with pre-existing Dealers, Brokers and Participating ATSs. If any additional interdealer brokers, investment dealers or ATSs become parties to this Agreement, Schedule A or B hereto, as the case may be, shall be deemed to be amended as of that date to include reference to such additional entity and each Participating ATS shall be listed on a separate schedule.

Related to Withdrawals and additions

  • Withdrawals Our banking offices are non-cash facilities and you will not be allowed to withdraw currency at our office locations. Unless clearly indicated otherwise on the account records, any of you, acting alone, who signs to open the account or has authority to make withdrawals may withdraw or transfer all or any part of the account balance at any time. Each of you (until we receive written notice to the contrary) authorizes each other person who signs or has authority to make withdrawals to indorse any item payable to you or your order for deposit to this account or any other transaction with us. Using the word “and” to connect the names of co-owners or co-fiduciaries in the account title (or elsewhere in account records) does not in itself require more than one of you to authorize a withdrawal. Such a restriction must be explicit. You agree that, as to any item that we have no opportunity to examine the signatures, such as an electronic check conversion transaction where a check or similar item is converted into an electronic fund transfer as defined in the Electronic Fund Transfers regulation, you waive any requirement of multiple signatures for withdrawal. We may charge your account for a check even though payment was made before the date of the check, unless we have received written notice of the postdating in time to have a reasonable opportunity to act. We may refuse any withdrawal or transfer request which you attempt on forms not approved by us, by any method we do not specifically permit, which is greater in number than the frequency permitted, or which is for an amount greater or less than any withdrawal limitations. Even if we honor a nonconforming request, we are not required to do so later. We may treat continued abuse of the stated limitations (if any) as your act of closing the account, or we may at our option reclassify your account as a transaction account. If we reclassify your account, your account will be subject to the fees and earnings rules of the new account classification. The fact that we may honor withdrawal requests that overdraw the available account balance does not obligate us to do so later. We will use the date the transaction is completed by us (as opposed to the date you initiate it) to apply the frequency limitations. See the funds availability policy disclosure for information about when you can withdraw funds you deposit. For those accounts for which our funds availability policy disclosure does not apply, you can ask us when you make a deposit when those funds will be available for withdrawal. In addition, we may place limitation on the account until your identity is verified. We may 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. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty.