Common use of Investment Fees and Asset Liquidation Clause in Contracts

Investment Fees and Asset Liquidation. Certain investment- related fees, which apply to your SIMPLE XXX, may be charged to your SIMPLE XXX and cannot be paid by you. We have the right to liquidate your SIMPLE XXX assets to pay fees and expenses, federal tax levies, or other assessments on your SIMPLE IRA investments. If you do not direct us on the liquidation, we will liquidate the assets of our choice and will not be responsible for any losses or claims that may arise out of the liquidation.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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Investment Fees and Asset Liquidation. Certain investment- related fees, which apply to your SIMPLE XXX, may be charged to your SIMPLE XXX and cannot be paid by you. We have the right to liquidate your SIMPLE XXX IRA assets to pay fees and expenses, federal tax levies, or other assessments on your SIMPLE IRA investments. If you do not direct us on the liquidation, we will liquidate the assets of our choice and will not be responsible for any losses or claims that may arise out of the liquidation.

Appears in 1 contract

Samples: Customer Agreement

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Investment Fees and Asset Liquidation. Certain investment- related fees, which apply to your SIMPLE XXXIRA, may be charged to your SIMPLE XXX IRA and cannot be paid by you. We have the right to liquidate your SIMPLE XXX IRA assets to pay fees and expenses, federal tax levies, or other assessments on your SIMPLE IRA investments. If you do not direct us on the liquidation, we will liquidate the assets of our choice and will not be responsible for any losses or claims that may arise out of the liquidation.

Appears in 1 contract

Samples: Customer Agreement

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