Annual Maintenance, Account Termination, & Processing Fees Sample Clauses
Annual Maintenance, Account Termination, & Processing Fees. The Custodian shall have the right and authority to charge and deduct from the Custodial Account of a Depositor, a number of fees including, but not limited to an annual maintenance fee, an account termination fee and certain processing fees. Fees for IRAs that the Custodian may receive in connection with this ▇▇▇ and the frequency with which they are charged can be found on ▇▇▇▇▇▇▇ ▇▇▇▇▇’ website at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/services_and_charges.htm . On at least 30 days advance written notice, the Custodian reserves the right to modify these fees and/or any other fee for any other expense incurred by it in the administration and maintenance of a Depositor’s Custodial Account. Such amounts shall be collected from the Depositor’s Custodial Account in cash. If no cash is available in a Depositor’s Custodial Account, the Custodian may liquidate assets in a Depositor’s Custodial Account sufficient to satisfy the fees and expenses incurred in the following order (largest position first for each category) without the Depositor’s consent: mutual funds (A shares first, if any, then any other class of shares), equity, and lastly bonds.
