Common use of Exclusive Benefit Clause in Contracts

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies). Except as required by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 30 contracts

Sources: Traditional Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies). Except as required To the extent permitted by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 9 contracts

Sources: Traditional Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies). Except as required provided by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 6 contracts

Sources: Traditional Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies). Except as required provided by law, by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account. Minimum Value. The Custodian reserves the right to establish ▇▇▇▇ ▇▇▇ account minimums. The Custodian may resign or charge additional fees if the minimums are not met.

Appears in 6 contracts

Sources: Traditional Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(iesbeneficiary (ies). Except as required To the extent permitted by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 6 contracts

Sources: Roth Individual Retirement Account Custodial Agreement, Traditional and Roth Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor Designated Beneficiary and his or her beneficiary(iesDeath Beneficiary(ies). Except as required To the extent permitted by law, no creditors of the Depositor Depositor, Responsible Individual or Designated Beneficiary may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 4 contracts

Sources: Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(iesbeneficiary (ies). Except as required by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 2 contracts

Sources: Traditional and Roth Ira Custodial Agreement, Traditional and Roth Individual Retirement Account Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies). Except as required by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment attachment, or garnishment on any of the assets in the Custodial Account.

Appears in 2 contracts

Sources: Custodial Agreement, Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor Participant and his or her beneficiary(ies). Except as required by law, no creditors of the Depositor Participant may at any time execute any lien, levy, assignment, attachment or garnishment on any of the assets in the Custodial Account.

Appears in 2 contracts

Sources: Custodial Agreement, Custodial Agreement

Exclusive Benefit. The Custodial Account is maintained for the exclusive benefit of the Depositor and his or her beneficiary(ies). Except as required To the extent permitted by law, no creditors of the Depositor may at any time execute any lien, levy, assignment, attachment atta chment or garnishment on any of the assets in the Custodial Account.

Appears in 1 contract

Sources: Traditional and Roth Individual Retirement Account Custodial Agreement