Common use of Fiduciary Relationships Clause in Contracts

Fiduciary Relationships. Purchaser shall perform all of the fiduciary relationships of Seller arising out of any retirement accounts included within the Deposits, and with respect to such accounts, Purchaser shall assume all of the obligations and duties of Seller as fiduciary and succeed to all such fiduciary relationships of Seller as fully and to the same extent as if Purchaser had originally acquired, incurred or entered into such fiduciary relationship; provided that Purchaser is not hereby assuming any liability for any breach of fiduciary duty that occurs prior to the Closing.

Fiduciary Relationships. Purchaser shall perform all of the fiduciary relationships of Seller arising out of or in relation to any retirement accounts included within the Deposits, and with respect to such accounts, Purchaser shall assume all of the obligations and duties of Seller as fiduciary and succeed to all such fiduciary relationships of Seller as fully and to the same extent as if Purchaser had originally acquired, incurred or entered into such fiduciary relationship; provided that Purchaser is not hereby assuming any liability for any breach of fiduciary duty that occurs prior to the Closing.

Fiduciary Relationships. Purchaser shall perform all of the fiduciary relationships of Seller arising out of any retirement accounts included within the Deposits, and with respect to such accounts, Purchaser shall assume all of the obligations and duties of Seller as fiduciary and succeed to all such fiduciary relationships of Seller as fully and to the same extent as if Purchaser had originally acquired, incurred or entered into such fiduciary relationship; provided that Purchaser is not hereby assuming any liability for any breach of fiduciary duty that occurs prior to the Closing.