Custodial Services. The Depositor and the Custodian agree that the sole responsibilities of the Custodian are to provide custody services as provided herein. Therefore, notwithstanding anything else herein to the contrary, to the extent any provisions of this Agreement would cause the Custodian to be considered a “fiduciary” as defined in Internal Revenue Code section 4975(e)(3), such provision shall be void and the remaining provisions of this Agreement shall be and continue to be fully effective.
Appears in 40 contracts
Samples: Roth Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement
Custodial Services. The Depositor and the Custodian agree that the sole responsibilities of the Custodian are to provide custody services as provided herein. Therefore, notwithstanding anything else herein to the contrary, contrary to the extent any provisions of this Agreement would cause the Custodian to be considered a “fiduciary” as defined in Internal Revenue Code section 4975(e)(3), section4975(e)(3) such provision shall be void and the remaining provisions of this Agreement shall be and continue to be fully effective.
Appears in 5 contracts
Samples: Roth Individual Retirement Account Custodial Agreement, Traditional Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement
Custodial Services. The Depositor and the Custodian agree that the sole responsibilities of the Custodian are to provide custody services as provided herein. Therefore, notwithstanding anything else herein to the contrary, to the extent any provisions of this Agreement would cause the Custodian to be considered a “fiduciary” as defined in Internal Revenue Code section 4975(e)(3), such provision shall be void and the remaining provisions of this Agreement shall be and continue to be fully effective.a
Appears in 5 contracts
Samples: Traditional Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement
Custodial Services. The Depositor and the Custodian agree that the sole responsibilities of the Custodian are to provide custody services as provided herein. Therefore, notwithstanding anything else herein to the contrary, to the extent any provisions of this Agreement would cause the Custodian to be considered a “fiduciary” as defined in Internal Revenue Code section 4975(e)(3section4975(e)(3), such provision shall be void and the remaining provisions of this Agreement shall be and continue to be fully effective.
Appears in 2 contracts
Samples: Traditional and Roth Individual Retirement Account Custodial Agreement, Roth Individual Retirement Account Custodial Agreement
Custodial Services. The Depositor and the Custodian agree that the sole responsibilities of the Custodian are is to provide custody services as provided herein. Therefore, notwithstanding anything else herein to the contrary, contrary to the extent any provisions of this Agreement would cause the Custodian to be considered a “fiduciary” as defined in Internal Revenue Code section §4975(e)(3), ) such provision shall be void and the remaining provisions of this Agreement shall be and continue to be fully effective. (Section references are to the Internal Revenue Code unless otherwise noted.)
Appears in 1 contract
Samples: Roth Individual Retirement Account Custodial Agreement