Common use of Amendment and Termination Clause in Contracts

Amendment and Termination. a. The Custodian may amend the custodial account (including retroactive amendments) by delivering to the depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiaries.

Appears in 216 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

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Amendment and Termination. a. The Custodian may amend the custodial account (including retroactive amendments) by delivering to the depositor responsible individual written notice of such amendment setting forth the substance and effective date of the amendment. The depositor responsible individual shall be deemed to have consented to any such amendment not objected to in writing by the depositor responsible individual within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiariesdesignated beneficiary.

Appears in 190 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

Amendment and Termination. a. (a) The Custodian may amend the custodial account Custodial Account (including retroactive amendments) by delivering to the depositor Depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor Depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor Depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor Depositor or his or her beneficiaries.

Appears in 13 contracts

Samples: Fiduciary Capital Growth Fund Inc, Hennessy Funds Inc, Fmi Funds Inc

Amendment and Termination. a. c. The Custodian may amend the custodial account (including retroactive amendments) by delivering to the depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiaries.

Appears in 7 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

Amendment and Termination. a. c. The Custodian may amend the custodial account (including retroactive amendments) by delivering to the depositor responsible individual written notice of such amendment setting forth the substance and effective date of the amendment. The depositor responsible individual shall be deemed to have consented to any such amendment not objected to in writing by the depositor responsible individual within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiariesdesignated beneficiary.

Appears in 5 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

Amendment and Termination. a. (a) The Custodian custodian may amend the custodial account Custodial Account (including retroactive amendments) by delivering to the depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiaries.

Appears in 5 contracts

Samples: Hennessy Funds Inc, Fmi Funds Inc, Fiduciary Capital Growth Fund Inc

Amendment and Termination. a. The Custodian custodian may amend the custodial account Custodial Account (including retroactive amendments) by delivering to the depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiaries.

Appears in 4 contracts

Samples: Leuthold Funds Inc, Prudent Bear Funds Inc, Concorde Funds Inc

Amendment and Termination. a. The Custodian may amend the custodial account (including retroactive amendments) by delivering to deliveringto the depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiaries.

Appears in 1 contract

Samples: Custodial Account Agreement

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Amendment and Termination. a. i. The Custodian may amend the custodial account Custodial Account (including retroactive amendments) by delivering to the depositor Depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor Depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor Depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor Depositor or his or her beneficiaries.

Appears in 1 contract

Samples: Reynolds Funds Inc

Amendment and Termination. a. The Custodian (a) Xxxxxx Associates, Inc. may amend the custodial account Custodial Account (including retroactive amendments) by delivering to the depositor Custodian and to the Depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor Custodian and the Depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor Custodian or Depositor, as applicable, within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor Depositor or his or her beneficiaries.

Appears in 1 contract

Samples: Henlopen Fund

Amendment and Termination. a. The Custodian may amend the custodial account Custodial Account (including retroactive amendments) by delivering to the depositor Depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor Depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor Depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor Depositor or his or her beneficiaries.

Appears in 1 contract

Samples: Concorde Funds Inc

Amendment and Termination. a. (a) The Custodian may amend the custodial account (including retroactive amendments) by delivering to the depositor written notice of such amendment setting forth the substance and effective date of the amendment. The depositor shall be deemed to have consented to any such amendment not objected to in writing by the depositor within thirty (30) days of receipt of the notice, provided that no amendment shall cause or permit any part of the assets of the custodial account to be diverted to purposes other than for the exclusive benefit of the depositor or his or her beneficiaries.

Appears in 1 contract

Samples: www.rwbaird.com

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