Charges Upon the Account Sample Clauses

Charges Upon the Account. Any income taxes or other taxes of any kind whatsoever that may be levied or assessed upon or in respect of the Account (including any transfer taxes incurred in connection with the investment and reinvestment of Account assets), expenses, fees and administrative costs incurred by the Custodian in the performance of its duties (including fees for legal services rendered to the Custodian), and the Custodian's compensation as determined under Article 7.1 shall constitute a charge upon the assets of the Account. At the Custodian's option, such fees, taxes or expenses shall be paid from the Account or by the Account Holder. The Custodian may redeem Fund shares and use the proceeds of redemption to pay such fees, taxes or expenses, and the Custodian will have no liability for loss of income or appreciation as a result of the Custodian's selection of Fund shares to be redeemed under this sentence.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Charges Upon the Account. Any income taxes or other taxes or assessments of any kind whatsoever that may be levied or assessed upon or in respect to the Account (including any transfer taxes included in connection with the investment and reinvestment of Account assets), expenses, fees and administrative costs incurred by the Plan Administrator in the performance of its duties (including fees for legal services rendered to the Custodian and/or Plan Administrator), and the Custodian’s and Plan Administrator’s compensation as determined under Article 7.1 or Article 7.2 of this Appendix shall constitute a charge upon the assets of the Account. At the Plan Administrator’s option, such fees, taxes, or expenses shall be paid from the Account or by the Account Holder. The Custodian and Plan Administrator may redeem Fund shares and use the proceeds of redemption to pay such fees, taxes or expenses, and neither the Custodian nor the Plan Administrator will have any liability for loss of income or appreciation, and neither the Custodian nor the Plan Administrator shall be deemed to be fiduciaries under ERISA, as a result of the Custodian’s and/or Plan Administrator’s redemption of fund shares or selection of Fund shares to be redeemed under this sentence.
Sample 1Sample 2Sample 3See All (4)
Charges Upon the Account. Any income taxes or other taxes of any kind whatsoever that may be levied or assessed upon, or in respect of, the Account (including any transfer taxes incurred in connection with the investment and reinvestment of Account assets), expenses, fees and administrative costs incurred by the Custodian in the performance of its duties (including fees for legal services rendered to the Custodian), and the Custodian's compensation as determined under Article 7.1, shall constitute a charge upon the assets of the Account. At the Custodian's option, such fees, taxes or expenses shall be paid from the Account or by the Employee. The Custodian may redeem Fund shares, and use the proceeds of redemption to pay such fees, taxes or expenses. 7.3
Sample 1

Related to Charges Upon the Account

  • Fees and Expenses Upon Termination Should either party exercise its right to terminate, all reasonable out-of-pocket expenses or costs associated with the movement of records and material will be borne by the Trust. Additionally, ALPS reserves the right to charge a reasonable fee for its de-conversion services.

  • Liabilities Upon Termination If this Agreement is terminated for any reason other than those set forth in Section 12.01 or is breached, nothing contained herein shall be construed to limit Seller’s or Buyer’s legal or equitable remedies including, without limitation, damages for the breach or failure of any representation, warranty, covenant or agreement contained herein and the right to enforce specific performance of this Agreement.

  • DISAPPLICATION OF CERTAIN TERMINATION EVENTS The "Tax Event Upon Merger" provision of Section 5(b)(iii) will not apply to Party A or to Party B. The "Tax Event" provision of Section 5(b)(ii) will not apply to Party B and will apply to Party A, provided that:

  • Payments Upon Termination 4.1 The Customer shall pay the Company liquidated damages (total monthly fee as specified in the Sales and Services Agreement x remaining months in the Term) upon the occurrence of any of the following events before the expiry of the Term:

  • Delivery upon Request or Termination Upon request by the Employer, and in any event upon termination of employment with the Employer, the Employee will promptly deliver to the Employer all property belonging to the Employer, including without limitation, all Company Information then in the Employee's possession or control.

  • Payments Upon Death In the event payments are due and owing under this Agreement at the death of the Executive, payment shall be made to such beneficiary as the Executive may designate in writing, or failing such designation, to the executor of his estate, in full settlement and satisfaction of all claims and demands on behalf of the Executive.

  • Application of Certain Payments Each payment of principal shall be applied to such Loans as the Company shall direct by notice to be received by the Agent on or before the date of such payment or, in the absence of such notice, as the Agent shall determine in its discretion. Concurrently with each remittance to any Bank of its share of any such payment, the Agent shall advise such Bank as to the application of such payment.

  • Delivery upon Termination Upon termination of Manager's employment with the Company for any reason, Manager shall promptly deliver to the Company all correspondence, files, manuals, letters, notes, notebooks, reports, programs, plans, proposals, financial documents, and any other documents or data concerning the Company's or any affiliate’s customers, database, business plan, marketing strategies, processes or other materials which contain Confidential Information, together with all other property of the Company or any affiliate in Manager's possession, custody or control. ARTICLE SIX

Time is Money Join Law Insider Premium to draft better contracts faster.