Common use of AUTHORIZATION TO DEBIT ACCOUNT Clause in Contracts

AUTHORIZATION TO DEBIT ACCOUNT. Fees may be deducted from the Account quarterly within fifteen days of the end of the quarter for which said fees were incurred. Client hereby authorizes Custodian to pay to Chelsea the Advisory Fee and any reimbursement amount due to Chelsea, directly from the Account, upon receipt of an advice from Chelsea with respect to such amounts, unless specified otherwise. All such fees will be clearly noted on Client’s statements. It is agreed by Client and Chelsea that the Advisory Fees will be payable from the redemption or withdrawal (which Client hereby authorizes) of Client's shares of any money market account or balances in any money market fund within the Account. In the event that Client's balances in money market accounts are insufficient to pay Advisory Fees, Client hereby authorizes Chelsea to liquidate Assets in the Account. Client may further authorize Advisory Fees to be debited from a separate account owned by Client by completing and attaching an Alternative Fee Payment Instructions Form. All other Account expenses, including transaction fees, constitute additional expenses accruing to Client and, in most cases, are collected directly from the Account.

AUTHORIZATION TO DEBIT ACCOUNT. Fees may be deducted from the Account quarterly within fifteen days of the end of the quarter for which said fees were incurred. Client hereby authorizes Custodian to pay to Chelsea the Advisory Fee and any reimbursement amount due to Chelsea, directly from the Account, upon receipt of an advice from Chelsea with respect to such amounts, unless specified otherwise. All such fees will be clearly noted on Client’s statements. It is agreed by Client and Chelsea that the Advisory Fees will be payable from the redemption or withdrawal (which Client hereby authorizes) of Client's shares of any money market account or balances in any money market fund within the Account. In the event that Client's balances in money market accounts are insufficient to pay Advisory Program Fees, Client hereby authorizes Chelsea to liquidate Assets Securities in the Account. Client may further authorize Advisory Fees to be debited from a separate account owned by Client by completing and attaching an Alternative Fee Payment Instructions Form. All other Account expenses, including transaction fees, constitute additional expenses accruing to Client and, in most cases, are collected directly from the Account.

AUTHORIZATION TO DEBIT ACCOUNT. Fees may be deducted from the Account quarterly within fifteen days of the end of the quarter for which said fees were incurred. Client hereby authorizes Custodian to pay to Chelsea the Advisory Fee and any reimbursement amount due to Chelsea, directly from the Account, upon receipt of an advice from Chelsea Xxxxxxx with respect to such amounts, unless specified otherwise. All such fees will be clearly noted on Client’s statements. It is agreed by Client and Chelsea that the Advisory Fees will be payable from the redemption or withdrawal (which Client hereby authorizes) of Client's shares of any money market account or balances in any money market fund within the Account. In the event that Client's balances in money market accounts are insufficient to pay Advisory Fees, Client hereby authorizes Chelsea Xxxxxxx to liquidate Assets in the Account. Client may further authorize Advisory Fees to be debited from a separate account owned by Client by completing and attaching an Alternative Fee Payment Instructions Form. All other Account expenses, including transaction fees, constitute additional expenses accruing to Client and, in most cases, are collected directly from the Account.