Authority of Sponsor Sample Clauses

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement or the Delaware Trust Statute, the Sponsor shall have and may exercise on behalf of the Trust, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust, which shall include, without limitation, the following:
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Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, the Sponsor shall have and may exercise on behalf of the Trust, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust, which shall include, without limitation, the following:
Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Declaration of Trust, and except as limited, restricted or prohibited by the express provisions of this Declaration of Trust (e.g., see Sections 1.02 and 1.04) or the Delaware Act, the Sponsor shall have and may exercise on behalf of the Trust and each Series, all powers and rights the Sponsor, in its sole discretion, deems necessary, proper, convenient or advisable to effectuate and carry out the purposes, activities and objectives of the Trust and each Series, which shall include, without limitation, the following:
Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law (statutory or common) or other provisions of this Trust Agreement, the Sponsor shall have and may exercise on behalf of the Trust and each Fund, all rights and powers necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust and each Fund, which shall include, without limitation, the right and power:
Authority of Sponsor. As sponsor, Folio has the authority to remove and appoint a new custodian of your XXX upon 30 days advance notice to you. As sponsor, Folio also has the authority to amend your XXX in any respect and at any time consistent with the existing terms of this XXX Custodial Account Agreement. IRS FORM 5305-A INSTRUCTIONS (Rev. 3-2002) General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Purpose of Form Form 5305-A is a model custodial account agreement that meets the requirements of section 408(a) and has been pre-approved by the IRS. A traditional individual retirement account (traditional XXX) is established after the form is fully executed by both the individual (depositor) and the custodian and must be completed no later than the due date of the individual's income tax return for the tax year (excluding extensions). This account must be created in the United States for the exclusive benefit of the depositor and his or her beneficiaries. Do not file Form 5305-A with the IRS. Instead, keep it with your records. For more information on IRAs, including the required disclosures the custodian must give the depositor, see Pub. 590, Individual Retirement Arrangements (IRAs).
Authority of Sponsor. As sponsor, Folio has the authority to remove and appoint a new custodian of your Xxxx XXX upon 30 days advance notice to you. As sponsor, Folio also has the authority to amend your Xxxx XXX in any respect and at any time consistent with the existing terms of this Xxxx XXX Custodial Account Agreement. IRS FORM 5305-RA INSTRUCTIONS (Rev. 3-2002) General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Purpose of Form Form 5305-RA is a model custodial account agreement that meets the requirements of section 408A and has been pre-approved by the IRS. A Xxxx individual retirement account (Xxxx XXX) is established after the form is fully executed by both the individual (depositor) and the custodian. This account must be created in the United States for the exclusive benefit of the depositor and his or her beneficiaries. Do not file Form 5305-RA with the IRS. Instead, keep it with your records. Unlike contributions to traditional individual retirement arrangements, contributions to a Xxxx XXX are not deductible from the depositor's gross income; and distributions after 5 years that are made when the depositor is 59 1/2 years of age or older or on account of death, disability, or the purchase of a home by a first-time homebuyer (limited to $10,000), are not includible in gross income. For more information on Xxxx IRAs, including the required disclosures the custodian must give the depositor, see Pub. 590, Individual Retirement Arrangements (IRAs). Definitions XXX Conversion Contributions. XXX Conversion Contributions are amounts rolled over, transferred, or considered transferred from a nonRoth XXX to a Xxxx XXX. A nonRoth XXX is an individual retirement account or annuity described in section 408(a) or 408(b), other than a Xxxx XXX. Custodian. The custodian must be a bank or savings and loan association, as defined in section 408(n), or any person who has the approval of the IRS to act as custodian.
Authority of Sponsor. As sponsor, Folio has the authority to remove and appoint a new custodian of your SIMPLE IRA upon 30 days advance notice to you. As sponsor, Folio also has the authority to amend your SIMPLE IRA in any respect and at any time consistent with the existing terms of this SIMPLE IRA Custodial Account Agreement. IRS FORM 5305-SA INSTRUCTIONS (Rev. 3-2002) General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Purpose of Form Form 5305-SA is a model custodial account agreement that meets the requirements of sections 408(a) and 408(p) and has been pre-approved by the IRS. A SIMPLE individual retirement account (SIMPLE IRA) is established after the form is fully executed by both the individual (participant) and the custodian. This account must be created in the United States for the exclusive benefit of the participant and his or her beneficiaries. Do not file Form 5305-SA with the IRS. Instead, keep it with your records. For more information on SIMPLE IRAs, including the required disclosures the custodian must give the participant, see Pub. 590, Individual Retirement Arrangements (IRAs).
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Authority of Sponsor. Sponsor has all requisite authority to enter into this Agreement and to perform all the obligations required to be performed by Sponsor under this Agreement.
Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Declaration of Trust, and except as limited, restricted or prohibited by the express provisions of this Declaration of Trust (e.g., see
Authority of Sponsor. (a) Subject to the provisions of Section 3.3, Section 3.4, Schedule 3.1 and the Loan Documents, and provided that the Company has sufficient funds available to pay the applicable expenses, Sponsor shall perform the duties and shall have the authority to make the decisions (the third-party costs of which shall be borne by the Company) set forth below.
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