Common use of Limited Liquidity Clause in Contracts

Limited Liquidity. Investment in the Program involves the risk of reduced liquidity for the investment. Once an Account for a Beneficiary is opened, the circumstances under which funds may be withdrawn from the Account without the imposition of tax liability and the Additional Tax are limited.

Appears in 6 contracts

Samples: www.itppv.com, Participation Agreement, www.itppv.com

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Limited Liquidity. Investment in the Program involves the risk of reduced liquidity for the investment. Once an Account for a Beneficiary is opened, the circumstances under which funds may be withdrawn from the Account without the imposition of tax liability and the Additional Tax are limited.

Appears in 1 contract

Samples: Participation Agreement

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