{"component": "clause", "props": {"groups": [{"snippet": "If you pledge any portion of your IRA as collateral for a loan, the amount so pledged will be treated as a distribution and will be included in your gross income for the taxable year in which you pledge the assets. If you designated your IRA as a \u2587\u2587\u2587\u2587 \u2587\u2587\u2587, the amount pledged may be included in income if it represents a taxable portion of the account (i.e., earnings).", "samples": [{"hash": "2Xq5NoDIfTl", "uri": "/contracts/2Xq5NoDIfTl#pledging", "label": "Ira Prototype Plan Agreement", "score": 31.9915466309, "published": true}, {"hash": "3cy18PTPsTC", "uri": "/contracts/3cy18PTPsTC#pledging", "label": "Ira Prototype Plan Agreement", "score": 31.9888095856, "published": true}, {"hash": "hrhI09nzHSP", "uri": "/contracts/hrhI09nzHSP#pledging", "label": "Ira Kit Agreement", "score": 31.6839466095, "published": true}], "size": 143, "snippet_links": [{"key": "a-loan", "type": "definition", "offset": [56, 62]}, {"key": "a-distribution", "type": "clause", "offset": [105, 119]}, {"key": "gross-income", "type": "clause", "offset": [149, 161]}, {"key": "taxable-year", "type": "clause", "offset": [170, 182]}, {"key": "the-assets", "type": "clause", "offset": [203, 213]}, {"key": "a-\u2587", "type": "clause", "offset": [245, 248]}, {"key": "the-account", "type": "clause", "offset": [340, 351]}], "hash": "eaf0ffa88f0e9f9d240af7ed32137b4d", "id": 1}, {"snippet": "If you pledge any portion of your \u2587\u2587\u2587\u2587 \u2587\u2587\u2587 as collateral for a loan, the amount so pledged will be treated as a distribution and may be included in your gross income for that year.", "samples": [{"hash": "5gWRHEgcXhc", "uri": "/contracts/5gWRHEgcXhc#pledging", "label": "Roth Individual Retirement Custodial Account Agreement", "score": 35.8616027832, "published": true}, {"hash": "gHbBtvrUuM5", "uri": "/contracts/gHbBtvrUuM5#pledging", "label": "Roth Individual Retirement Custodial Account Agreement", "score": 34.0144691054, "published": true}, {"hash": "d5rt3SiIEuq", "uri": "/contracts/d5rt3SiIEuq#pledging", "label": "Roth Individual Retirement Custodial Account Agreement", "score": 34.0142478943, "published": true}], "size": 134, "snippet_links": [{"key": "a-loan", "type": "definition", "offset": [61, 67]}, {"key": "a-distribution", "type": "clause", "offset": [110, 124]}, {"key": "gross-income", "type": "clause", "offset": [153, 165]}], "hash": "bc1e9203240ddffe3f88ab47146ac6ed", "id": 2}, {"snippet": "If the responsible individual pledges any portion of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 ESA as collateral for a loan, the amount so pledged will be treated as a distribution and may be included in the designated beneficiary\u2019s gross income for that year to the extent that it represents earnings.", "samples": [{"hash": "cjbPNH1TikI", "uri": "/contracts/cjbPNH1TikI#pledging", "label": "Coverdell Education Savings Account Custodial Account Agreement", "score": 34.6539878845, "published": true}, {"hash": "fdQEpCge8My", "uri": "/contracts/fdQEpCge8My#pledging", "label": "Coverdell Education Savings Account Custodial Agreement", "score": 34.6320915222, "published": true}, {"hash": "1coq4G8SItI", "uri": "/contracts/1coq4G8SItI#pledging", "label": "Coverdell Education Savings Account Custodial Account Agreement", "score": 31.8227901459, "published": true}], "size": 27, "snippet_links": [{"key": "responsible-individual", "type": "definition", "offset": [7, 29]}, {"key": "the-\u2587", "type": "clause", "offset": [53, 58]}, {"key": "a-loan", "type": "definition", "offset": [89, 95]}, {"key": "a-distribution", "type": "clause", "offset": [138, 152]}, {"key": "designated-beneficiary", "type": "definition", "offset": [180, 202]}, {"key": "gross-income", "type": "clause", "offset": [205, 217]}, {"key": "to-the-extent", "type": "clause", "offset": [232, 245]}], "hash": "4ba9c7e228c292cbf228ee2f985a3bc8", "id": 3}, {"snippet": "If you pledge any portion of your HSA as collateral for a loan, the amount so pledged will be treated as a distribution and will be included in your gross income for that year.", "samples": [{"hash": "jKozuA0YkXD", "uri": "/contracts/jKozuA0YkXD#pledging", "label": "Health Savings Account Custodial Agreement", "score": 30.9157619476, "published": true}, {"hash": "1mlHK0hGelD", "uri": "/contracts/1mlHK0hGelD#pledging", "label": "Health Savings Account Custodial Agreement", "score": 28.7997760773, "published": true}, {"hash": "1fqUgQrNRHn", "uri": "/contracts/1fqUgQrNRHn#pledging", "label": "Health Savings Account Custodial Agreement", "score": 27.9566669464, "published": true}], "size": 27, "snippet_links": [{"key": "a-loan", "type": "definition", "offset": [56, 62]}, {"key": "a-distribution", "type": "clause", "offset": [105, 119]}, {"key": "gross-income", "type": "clause", "offset": [149, 161]}], "hash": "a90cdd31706b8014853fec1b04004626", "id": 4}, {"snippet": "The undersigned understands that under Section 408(e)(4) of the Internal Revenue Code of 1986, as amended, if the undersigned pledges any portion of the undersigned\u2019s IRA as collateral for a loan, the amount so pledged will be treated as a distribution, and may be included in the undersigned\u2019s gross income forthe taxable year in which the undersigned pledges the assets to the extent it represents earnings or be subject to excise taxes.", "samples": [{"hash": "47Dz9sDpA6Z", "uri": "/contracts/47Dz9sDpA6Z#pledging", "label": "Options Application and Agreement", "score": 28.5085983276, "published": true}, {"hash": "cr1T2w5XX67", "uri": "/contracts/cr1T2w5XX67#pledging", "label": "Options Application and Agreement", "score": 28.4429893494, "published": true}, {"hash": "h8LbyOxZCQN", "uri": "/contracts/h8LbyOxZCQN#pledging", "label": "Options Application and Agreement", "score": 25.3545513153, "published": true}], "size": 25, "snippet_links": [{"key": "the-undersigned", "type": "definition", "offset": [0, 15]}, {"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [64, 93]}, {"key": "as-amended", "type": "definition", "offset": [95, 105]}, {"key": "a-loan", "type": "definition", "offset": [189, 195]}, {"key": "a-distribution", "type": "clause", "offset": [238, 252]}, {"key": "gross-income", "type": "clause", "offset": [295, 307]}, {"key": "taxable-year", "type": "clause", "offset": [315, 327]}, {"key": "the-assets", "type": "clause", "offset": [361, 371]}, {"key": "to-the-extent", "type": "clause", "offset": [372, 385]}, {"key": "subject-to", "type": "clause", "offset": [415, 425]}, {"key": "excise-taxes", "type": "clause", "offset": [426, 438]}], "hash": "1192573977692a5bac23c4edc2001af9", "id": 5}, {"snippet": "If you pledge any portion of your inherited IRA as collateral for a loan, the amount so pledged will be treated as a distribution and will be included in your gross income for that year.", "samples": [{"hash": "g0F8wHAIc4", "uri": "/contracts/g0F8wHAIc4#pledging", "label": "Individual Retirement Trust Account Agreement", "score": 34.2505645752, "published": true}, {"hash": "elEZt8bvh8M", "uri": "/contracts/elEZt8bvh8M#pledging", "label": "Individual Retirement Custodial Account Agreement", "score": 29.6072998047, "published": true}, {"hash": "dXmAji74MRI", "uri": "/contracts/dXmAji74MRI#pledging", "label": "Individual Retirement Custodial Account Agreement", "score": 29.446269989, "published": true}], "size": 24, "snippet_links": [{"key": "inherited-ira", "type": "clause", "offset": [34, 47]}, {"key": "a-loan", "type": "definition", "offset": [66, 72]}, {"key": "a-distribution", "type": "clause", "offset": [115, 129]}, {"key": "gross-income", "type": "clause", "offset": [159, 171]}], "hash": "7c4fb6fbb4846ffafff0507fb9417f9a", "id": 6}, {"snippet": "Without limiting the generality of the foregoing, the Subscriber specifically agrees and consents that the Company may, at any time, without further notice to or consent from the Subscriber (except to the extent otherwise provided in this Subscription Agreement), grant security over and, in connection therewith, transfer its right to draw down capital from the Subscriber pursuant to Section 3, and the Company\u2019s right to receive the Drawdown Purchase Price (and any related rights of the Company), to lenders or other creditors of the Company, in connection with any indebtedness, guarantee or surety of the Company; provided that, for the avoidance of doubt, any such grantee\u2019s right to draw down capital shall be subject to the limitations on the Company\u2019s right to draw down capital pursuant to Section 3.", "samples": [{"hash": "iJyuyD6L1cm", "uri": "/contracts/iJyuyD6L1cm#pledging", "label": "Subscription Agreement (Golub Capital BDC 4, Inc.)", "score": 34.7002067566, "published": true}, {"hash": "7vbXrAi3NgD", "uri": "/contracts/7vbXrAi3NgD#pledging", "label": "Subscription Agreement (Golub Capital Direct Lending Unlevered Corp)", "score": 33.3723487854, "published": true}, {"hash": "hezdxVCBC4S", "uri": "/contracts/hezdxVCBC4S#pledging", "label": "Subscription Agreement (Golub Capital BDC 4 LLC)", "score": 33.2436676025, "published": true}], "size": 14, "snippet_links": [{"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [0, 48]}, {"key": "the-subscriber", "type": "definition", "offset": [50, 64]}, {"key": "at-any-time", "type": "clause", "offset": [120, 131]}, {"key": "notice-to", "type": "definition", "offset": [149, 158]}, {"key": "except-to-the-extent", "type": "clause", "offset": [191, 211]}, {"key": "subscription-agreement", "type": "definition", "offset": [239, 261]}, {"key": "grant-security", "type": "clause", "offset": [264, 278]}, {"key": "draw-down", "type": "clause", "offset": [336, 345]}, {"key": "pursuant-to-section-3", "type": "clause", "offset": [374, 395]}, {"key": "and-the-company", "type": "clause", "offset": [397, 412]}, {"key": "right-to-receive", "type": "clause", "offset": [415, 431]}, {"key": "drawdown-purchase-price", "type": "definition", "offset": [436, 459]}, {"key": "rights-of-the-company", "type": "clause", "offset": [477, 498]}, {"key": "to-lenders", "type": "definition", "offset": [501, 511]}, {"key": "creditors-of-the-company", "type": "clause", "offset": [521, 545]}, {"key": "in-connection-with", "type": "clause", "offset": [547, 565]}, {"key": "provided-that", "type": "definition", "offset": [620, 633]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [635, 661]}, {"key": "subject-to-the", "type": "definition", "offset": [718, 732]}, {"key": "limitations-on-the-company", "type": "clause", "offset": [733, 759]}], "hash": "abcc70c7af8540fdad31077d9b5ac161", "id": 7}, {"snippet": "Without limiting the generality of the foregoing, the Investor specifically agrees and consents that the Company may, at any time, and without further notice to or consent from the Investor (except to the extent otherwise provided in this Subscription Agreement), grant security over (and, in connection therewith, Transfer (as defined in Section 4.01(c)(i)) its right to draw down capital from the Investor pursuant to Section 2.01, and the Company\u2019s right to receive the Drawdown Share Purchase Price (and any related rights of the Company), to lenders or other creditors of the Company, in connection with any indebtedness, guarantee or surety of the Company; provided that, for the avoidance of doubt, any such grantee\u2019s right to draw down capital shall be subject to the limitations on the Company\u2019s right to draw down capital pursuant to Section 2.01. In connection with any such secured financing (a \u201cSubscription Facility\u201d), the Investor specifically agrees, for the benefit of the Company and such lenders, to the following:\n(a) The Company may incur indebtedness for Company purposes pursuant to a Subscription Facility and secure such facility by (i) the Unused Capital Commitments, (ii) the Company\u2019s rights to issue Drawdown Notices, (iii) the Company\u2019s right to exercise remedies against the Investors and the Other Investors for failure to pay for such Shares as required by the Drawdown Notices, (iv) the deposit account into which the payments for such Shares will be wired on the applicable Drawdown Dates, and (v) any related collateral and proceeds thereof, (b) the Investor acknowledges and agrees that the lender (or agent for the lenders) under a Subscription Facility is relying on each Investor\u2019s Unused Capital Commitment as its primary source of repayment and may issue future Drawdown Notices and may exercise all remedies of the Company with respect thereto as part of such lenders\u2019 remedies under the Subscription Facility, (c) in the event of a failure by any Investor to pay for such Shares, the Company and such lender is entitled to pursue any and all remedies available to it under this Subscription Agreement, including issuing additional Drawdown Notices to non-Defaulting Investors in order to make up any deficiency caused by the default of the Investor, whose ownership in the Company would be diluted as a result, (d) the Investor agrees that its obligation to fund Drawdown Notices pursuant to Section 2.01 is irrevocable, and shall be without setoff, counterclaim or defense of any kind, including any defense pursuant to Section 365 of the U.S. Bankruptcy Code (other than any defenses provided hereunder), (e) the Investor has received full and adequate consideration on the date hereof for its Shares notwithstanding that they are to be paid and issued in subsequent installments, and any defense of non-consideration or similar defenses for its subscription are hereby waived by the Investor, whether in bankruptcy, insolvency, receivership or similar proceedings or otherwise, including any failure or inability of the Company to issue Shares or for any such Shares to have positive value on the date of a Drawdown Notice, (f) the Company may use the proceeds of any Share issuance for repaying outstanding loans under the Subscription Facility, (g) the Investor agrees that the Company may reveal the Investor\u2019s identity on a confidential basis to the lenders under a Subscription Facility, (h) upon the reasonable request of the Company, the Investor will provide the Company with copies of its financial statements to the extent such financial statements are not otherwise publically available and information about the Investor\u2019s beneficial owners to enable the Company to comply with underwriting requests from any lender under a Subscription Facility, (i) any claim the Investor may have against the Company or another Investor in the Company shall be subordinate to any claim a lender under the Subscription Facility may have against the Company or such Investor, (j) from time to time upon request, the Investor will provide to any lender under a Subscription Facility a certificate setting forth such Investor\u2019s then Unused Capital Commitment, (k) it acknowledges and confirms that the terms of the applicable Subscription Facility and each agreement executed in connection therewith can be modified (including, without limitation, increases, decreases or renewals of credit extended, or the release of any guarantee or security) without further notice to such Investor and without its consent; provided, however, that in no event shall any such modification of any such document alter an Investor\u2019s rights or obligations hereunder without such Investor\u2019s written consent, (l) each Investor acknowledges that the making and performance of its obligations hereunder constitute private and commercial acts rather than governmental or public acts, and that neither it nor any of its properties or revenues has any right of immunity from suit, court jurisdiction, execution of a judgment or from any other legal process with respect to its obligations hereunder, and to the extent that it may hereafter be entitled to claim any such immunity, or to the extent that there may be attributed to it such an immunity (whether or not claimed), unless otherwise agreed in writing by the Company, it hereby irrevocably agrees not to claim and hereby irrevocably waives such immunity, (m) upon the withdrawal or transfer of the Investor\u2019s interest in the Company in accordance with the terms hereof, such Investor acknowledges that it may be required at the time of such withdrawal or transfer to fund a Drawdown Notice to repay amounts outstanding under the Subscription Facility equal to its share thereof; provided that such Investor shall not be required to fund a Drawdown Notice in excess of its Unused Capital Commitment, and (n) that the lenders under a Subscription Facility are third party beneficiaries of this Subscription Agreement who may rely on the Investor\u2019s agreements in this Section 2.02 in providing a Subscription Facility to the Company.", "samples": [{"hash": "l8XqRIatSky", "uri": "/contracts/l8XqRIatSky#pledging", "label": "Subscription Agreement (Owl Rock Technology Finance Corp. II)", "score": 30.9151268005, "published": true}, {"hash": "9xIvyFQTn0q", "uri": "/contracts/9xIvyFQTn0q#pledging", "label": "Subscription Agreement (Owl Rock Capital Corp III)", "score": 29.4257354736, "published": true}, {"hash": "jGMicZBsEOT", "uri": "/contracts/jGMicZBsEOT#pledging", "label": "Subscription Agreement (Owl Rock Technology Finance Corp.)", "score": 27.7118415833, "published": true}], "size": 13, "snippet_links": [{"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [0, 48]}, {"key": "at-any-time", "type": "clause", "offset": [118, 129]}, {"key": "notice-to", "type": "definition", "offset": [151, 160]}, {"key": "except-to-the-extent", "type": "clause", "offset": [191, 211]}, {"key": "subscription-agreement", "type": "definition", "offset": [239, 261]}, {"key": "grant-security", "type": "clause", "offset": [264, 278]}, {"key": "defined-in-section", "type": "clause", "offset": [328, 346]}, {"key": "draw-down", "type": "clause", "offset": [372, 381]}, {"key": "pursuant-to-section", "type": "definition", "offset": [408, 427]}, {"key": "and-the-company", "type": "clause", "offset": [434, 449]}, {"key": "right-to-receive", "type": "clause", "offset": [452, 468]}, {"key": "share-purchase-price", "type": "definition", "offset": [482, 502]}, {"key": "rights-of-the-company", "type": "clause", "offset": [520, 541]}, {"key": "to-lenders", "type": "definition", "offset": [544, 554]}, {"key": "creditors-of-the-company", "type": "clause", "offset": [564, 588]}, {"key": "in-connection-with", "type": "clause", "offset": [590, 608]}, {"key": "provided-that", "type": "definition", "offset": [663, 676]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [678, 704]}, {"key": "subject-to-the", "type": "definition", "offset": [761, 775]}, {"key": "limitations-on-the-company", "type": "clause", "offset": [776, 802]}, {"key": "secured-financing", "type": "clause", "offset": [886, 903]}, {"key": "subscription-facility", "type": "clause", "offset": [908, 929]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [967, 985]}, {"key": "incur-indebtedness", "type": "clause", "offset": [1054, 1072]}, {"key": "company-purposes", "type": "clause", "offset": [1077, 1093]}, {"key": "pursuant-to-a", "type": "definition", "offset": [1094, 1107]}, {"key": "capital-commitments", "type": "definition", "offset": [1173, 1192]}, {"key": "to-issue", "type": "clause", "offset": [1220, 1228]}, {"key": "drawdown-notices", "type": "clause", "offset": [1229, 1245]}, {"key": "exercise-remedies", "type": "definition", "offset": [1276, 1293]}, {"key": "the-investors", "type": "clause", "offset": [1302, 1315]}, {"key": "other-investors", "type": "definition", "offset": [1324, 1339]}, {"key": "pay-for", "type": "definition", "offset": [1355, 1362]}, {"key": "as-required-by", "type": "clause", "offset": [1375, 1389]}, {"key": "the-deposit-account", "type": "clause", "offset": [1417, 1436]}, {"key": "payments-for", "type": "clause", "offset": [1452, 1464]}, {"key": "the-applicable", "type": "clause", "offset": [1494, 1508]}, {"key": "drawdown-dates", "type": "definition", "offset": [1509, 1523]}, {"key": "related-collateral-and-proceeds", "type": "clause", "offset": [1537, 1568]}, {"key": "the-lenders", "type": "clause", "offset": [1649, 1660]}, {"key": "unused-capital-commitment", "type": "definition", "offset": [1722, 1747]}, {"key": "source-of-repayment", "type": "clause", "offset": [1763, 1782]}, {"key": "remedies-of-the-company", "type": "clause", "offset": [1842, 1865]}, {"key": "the-subscription", "type": "clause", "offset": [1927, 1943]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [1958, 1975]}, {"key": "failure-by", "type": "clause", "offset": [1976, 1986]}, {"key": "available-to", "type": "definition", "offset": [2095, 2107]}, {"key": "additional-drawdown", "type": "definition", "offset": [2164, 2183]}, {"key": "notices-to", "type": "clause", "offset": [2184, 2194]}, {"key": "defaulting-investors", "type": "clause", "offset": [2199, 2219]}, {"key": "in-order-to", "type": "clause", "offset": [2220, 2231]}, {"key": "caused-by", "type": "clause", "offset": [2255, 2264]}, {"key": "ownership-in-the-company", "type": "clause", "offset": [2300, 2324]}, {"key": "obligation-to-fund", "type": "clause", "offset": [2388, 2406]}, {"key": "the-us", "type": "clause", "offset": [2580, 2587]}, {"key": "bankruptcy-code", "type": "clause", "offset": [2589, 2604]}, {"key": "full-and-adequate-consideration", "type": "clause", "offset": [2681, 2712]}, {"key": "date-hereof", "type": "clause", "offset": [2720, 2731]}, {"key": "issued-in", "type": "definition", "offset": [2792, 2801]}, {"key": "subsequent-installments", "type": "clause", "offset": [2802, 2825]}, {"key": "by-the-investor", "type": "clause", "offset": [2923, 2938]}, {"key": "in-bankruptcy", "type": "definition", "offset": [2948, 2961]}, {"key": "similar-proceedings", "type": 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"offset": [4657, 4678]}, {"key": "written-consent", "type": "definition", "offset": [4713, 4728]}, {"key": "private-and-commercial-acts", "type": "clause", "offset": [4833, 4860]}, {"key": "public-acts", "type": "clause", "offset": [4889, 4900]}, {"key": "right-of", "type": "definition", "offset": [4968, 4976]}, {"key": "immunity-from-suit", "type": "clause", "offset": [4977, 4995]}, {"key": "court-jurisdiction", "type": "clause", "offset": [4997, 5015]}, {"key": "legal-process", "type": "definition", "offset": [5059, 5072]}, {"key": "with-respect-to", "type": "clause", "offset": [5073, 5088]}, {"key": "unless-otherwise-agreed", "type": "clause", "offset": [5291, 5314]}, {"key": "in-writing", "type": "clause", "offset": [5315, 5325]}, {"key": "by-the-company", "type": "clause", "offset": [5326, 5340]}, {"key": "transfer-of-the", "type": "clause", "offset": [5456, 5471]}, {"key": "in-accordance-with", "type": "clause", "offset": [5507, 5525]}, {"key": "at-the-time", "type": "clause", "offset": [5595, 5606]}, {"key": "transfer-to", "type": "clause", "offset": [5629, 5640]}, {"key": "fund-a", "type": "definition", "offset": [5641, 5647]}, {"key": "to-repay", "type": "clause", "offset": [5664, 5672]}, {"key": "amounts-outstanding", "type": "definition", "offset": [5673, 5692]}, {"key": "equal-to", "type": "definition", "offset": [5725, 5733]}, {"key": "third-party-beneficiaries", "type": "definition", "offset": [5932, 5957]}, {"key": "to-the-company", "type": "clause", "offset": [6089, 6103]}], "hash": "704d8129355c35d363831a185b1a4a85", "id": 8}, {"snippet": "Where the Holder wishes to use his or her interest or right in the Account as security for a loan or other indebtedness, he or she must first advise the Trustee. Where the Holder uses his or her interest or right in the Account as security for a loan or indebtedness, it shall be the sole responsibility of the Holder to ensure:\n(a) that the terms and conditions of the loan or other indebtedness are terms and conditions that persons dealing at arm\u2019s length with each other would have entered into; and\n(b) that it can be reasonably be concluded that none of the main purposes for that use is to enable a person (other than the Holder) or a partnership to benefit from the exemption from Taxes of any amount of the Account. The Trustee shall be entitled to rely on the information provided by the Holder, liquidate Property as it deems appropriate with respect to the pledge, and fully recover any legal costs it incurs in this regard as Expenses, and shall be fully discharged with respect to any such liquidation and payment to the creditor of the loan or other indebtedness.", "samples": [{"hash": "6feq4uBNTff", "uri": "/contracts/6feq4uBNTff#pledging", "label": "Tax Free Savings Account Trust Agreement", "score": 30.9176101685, "published": true}, {"hash": "fBmahVKzipr", "uri": "/contracts/fBmahVKzipr#pledging", "label": "Tax Free Savings Account Trust Agreement", "score": 24.4277896881, "published": true}, {"hash": "jpt1gVHAVhs", "uri": "/contracts/jpt1gVHAVhs#pledging", "label": "Tax Free Savings Account Trust Agreement", "score": 22.697467804, "published": true}], "size": 9, "snippet_links": [{"key": "the-account", "type": "clause", "offset": [63, 74]}, {"key": "security-for-a-loan", "type": "clause", "offset": [78, 97]}, {"key": "other-indebtedness", "type": "definition", "offset": [101, 119]}, {"key": "the-trustee", "type": "clause", "offset": [149, 160]}, {"key": "responsibility-of-the", "type": "clause", "offset": [289, 310]}, {"key": "to-ensure", "type": "clause", "offset": [318, 327]}, {"key": "terms-and-conditions-of-the-loan", "type": "clause", "offset": [342, 374]}, {"key": "entered-into", "type": "clause", "offset": [486, 498]}, {"key": "a-person", "type": "definition", "offset": [604, 612]}, {"key": "exemption-from-taxes", "type": "clause", "offset": [674, 694]}, {"key": "trustee-shall", "type": "definition", "offset": [729, 742]}, {"key": "entitled-to-rely", "type": "clause", "offset": [746, 762]}, {"key": "by-the-holder", "type": "clause", "offset": [791, 804]}, {"key": "with-respect-to", "type": "clause", "offset": [849, 864]}, {"key": "the-pledge", "type": "clause", "offset": [865, 875]}, {"key": "legal-costs", "type": "definition", "offset": [899, 910]}, {"key": "payment-to-the", "type": "clause", "offset": [1020, 1034]}], "hash": "c5c713f3820d939b126ee3e159c5dd8c", "id": 9}, {"snippet": "If you pledge any portion of your IRA as collateral for a loan, the amount so pledged will be treated as a distribu- tion and will be included in your gross income for that year.", "samples": [{"hash": "7clMUiZcFFq", "uri": "/contracts/7clMUiZcFFq#pledging", "label": "Wealth Management Agreement", "score": 26.7293109894, "published": true}, {"hash": "iSGLI0pLALK", "uri": "/contracts/iSGLI0pLALK#pledging", "label": "Account Agreement", "score": 21.0, "published": true}, {"hash": "chkxuibj4po", "uri": "/contracts/chkxuibj4po#pledging", "label": "Account Agreement", "score": 21.0, "published": true}], "size": 7, "snippet_links": [{"key": "a-loan", "type": "definition", "offset": [56, 62]}, {"key": "gross-income", "type": "clause", "offset": [151, 163]}], "hash": "b4dc26c61499bf885e286fa029f5ed97", "id": 10}], "next_curs": "ClESS2oVc35sYXdpbnNpZGVyY29udHJhY3Rzci0LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhFwbGVkZ2luZyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["important-information-about-procedures-for-opening-a-new-account", "Important Information About Procedures for Opening a New Account"], ["additional-information", "Additional Information"], ["irs-plan-approval", "IRS Plan Approval"], ["qualified-charitable-distributions", "Qualified Charitable Distributions"], ["qualified-reservist-distributions", "Qualified Reservist Distributions"]], "size": 463, "title": "Pledging", "parents": [["recharacterizations", "Recharacterizations"], ["what-law", "What Law"], ["definitions", "DEFINITIONS"], ["written-election", "Written Election"], ["limitation-of-liability", "Limitation of Liability"]], "id": "pledging", "related": [["purchase-money-security-interest", "Purchase Money Security Interest", "Purchase Money Security Interest"], ["pledged-equity-interests", "Pledged Equity Interests", "Pledged Equity Interests"], ["pledge", "Pledge", "Pledge"], ["equity-interests", "Equity Interests", "Equity Interests"], ["disposal-of-subsidiary-interests", "Disposal of Subsidiary Interests", "Disposal of Subsidiary Interests"]], "related_snippets": [], "updated": "2025-07-24T06:49:05+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Pledging clause establishes the terms under which a party offers certain assets as collateral to secure an obligation, such as a loan or contractual duty. Typically, this clause details the types of assets that can be pledged, the conditions under which the pledge is created, and the rights of the pledgee (the party receiving the pledge) in the event of default. For example, a borrower might pledge shares, equipment, or receivables to a lender as security. The core practical function of this clause is to provide assurance to the secured party that they have recourse to specific assets if the pledging party fails to fulfill their obligations, thereby reducing the lender's risk."}, "json": true, "cursor": ""}}