Common use of Plan Termination Procedures Clause in Contracts

Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of the applicable Prospectus and this Agreement, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's Plan Account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Plan Account and final payment to the Plan- holder shall be effected by the Custodian in accordance with the applicable Prospectus.

Appears in 2 contracts

Samples: Custodian Agreement (Pioneer Independence Plans), Custodian Agreement (Pioneer Independence Plans)

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Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of the applicable Prospectus Plan Documents and this AgreementSection 7, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's Plan Account account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Plan Account Planholder's account and final payment to the Plan- holder said Planholder shall be effected by the Custodian in accordance with the applicable Prospectus.Plan Documents. (d)

Appears in 2 contracts

Samples: Restatement of Custodian Agreement (Fidelity Systematic Investment Plans), Custodian Agreement (Fidelity Systematic Investment Plans)

Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of the applicable Prospectus Plan Documents and this AgreementSection 7, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's Plan Account account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Plan Account Planholder's account and final payment to the Plan- holder said Planholder shall be effected by the Custodian in accordance with the applicable ProspectusPlan Documents.

Appears in 1 contract

Samples: Custodian Agreement (Fidelity Systematic Investment Plans)

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Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of the applicable Prospectus and this Agreement, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's Plan Account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Plan Account and final payment to the Plan- holder Planholder shall be effected by the Custodian in accordance with the applicable Prospectus.

Appears in 1 contract

Samples: Custodian Agreement (Pioneer Independence Plans)

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