Contributions/Deposits Sample Clauses
Contributions/Deposits a. All contributions made to the Trust Account will be held and administered pursuant to the provisions of the KTS POOLED TRUST I, dated July 17, 2013 as amended from time to time. The provisions of the KTS POOLED TRUST I are incorporated herein by reference.
b. The Trustees shall have the sole and absolute right to accept or refuse additional deposits to the Sub-trust account.
c. In the event that a Beneficiary has a zero ($0) sub-trust account balance for sixty (60) or more consecutive days, the Trustee shall retain the right to close the Beneficiary’s sub-trust account. Please be advised that the Trustee may continue to charge administrative fees for the management of the sub-trust account prior to its closure. In the event that a Beneficiary wishes to re-open a sub-trust account, the Beneficiary may be required to pay any outstanding administrative fees stemming from the prior sub-trust account. Additionally, the Beneficiary shall be required to pay a new enrollment fee when re-opening a sub- trust account.
Contributions/Deposits. A. All contributions made to the Trust Account will be held and administered pursuant to the provisions of the KTS POOLED TRUST I. The provisions of the KTS POOLED TRUST I are incorporated herein by reference. The Beneficiary confirms that he or she has knowledge of the KTS POOLED TRUST I and assents to its terms.
B. The Trustees shall have the sole and absolute right to accept or refuse additional deposits to the Sub-trust account.
C. Please be advised that the Trustee may continue to charge administrative fees for the management of the sub-trust account prior until its closure. In the event that a Beneficiary wishes to re-open a sub-trust account, the Beneficiary may be required to pay any outstanding administrative fees stemming from the prior sub-trust account.
Contributions/Deposits. (a) All contributions made to the Trust Account will be held and administered pursuant to the provisions of the EVERFUND POOLED TRUST, dated November 6, 2018, and as restated. The provisions of the EVERFUND POOLED TRUST, along with published policies, procedures and fee schedules, are incorporated herein by reference.
(b) The Trustees shall have the sole and absolute right to accept or refuse additional deposits to the Sub- Trust Account.
(c) In the event that a Beneficiary has a zero ($0) sub-trust account balance for sixty (60) or more consecutive days, the Trustees shall retain the right to close the Beneficiary's sub-trust account. Please be advised that
Contributions/Deposits. Account Holder may make contributions to BLCA by tender of property for conversion into tokens, or the receipt of tokens previously acquired by another Account Holder, as instructed by Account Holder. Once converted through escrow, Account Holder contributions shall be recorded and held electronically in trust as capital credits for Account Holder’s benefit.
Contributions/Deposits. (a) All contributions made to the Trust Account will be held and administered pursuant to the provisions of the EVERFUND POOLED TRUST, dated November 6, 2018, and as restated. The provisions of the EVERFUND POOLED TRUST, along with published policies, procedures and fee schedules, are incorporated herein by reference.
(b) The Trustees shall have the sole and absolute right to accept or refuse additional deposits to the Sub- Trust Account.
(c) In the event that a Beneficiary has a zero ($0) sub-trust account balance for sixty (60) or more consecutive days, the Trustees shall retain the right to close the Beneficiary's sub-trust account. Please be advised that
Contributions/Deposits. (a) All contributions made to the Trust Account will be held and administered pursuant to the provisions of the ELDERLY COMMUNITY SERVICES, dated December 19, 2022, and as restated. The provisions of the ELDERLY COMMUNITY SERVICES, along with published policies, procedures and fee schedules, are incorporated here in by reference.
(b) The Trustees shall have the sole and absolute right to accept or refuse additional deposits to the Sub -Trust Account.
(c) In the event that a Beneficiary has a zero ($0) sub-trust account balance for sixty (60) or more consecutive days, the Trustees shall retain the right to close the Beneficiary's sub-trust account. Please be advised that the Trustees may continue to charge administrative fees for the management of the sub-trust account prior to its closure. In the event that a Beneficiary wishes to reopen a sub-trust account, the Beneficiary may be required to pay any outstanding administrative fees stemming from the prior sub-trust account. Additionally, the Beneficiary shall be required to pay a new enrollment fee when re-opening a sub-trust account.
