Common use of Limitation on Custodian Responsibility Clause in Contracts

Limitation on Custodian Responsibility. The Custodian will not under any circumstances be responsible for the timing, purpose or propriety of any contribution or of any distribution made hereunder, nor shall the Custodian incur any liability or responsibility for any tax imposed on account of any such contribution or

Appears in 52 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

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Limitation on Custodian Responsibility. The Custodian will not under any circumstances be responsible for the timing, purpose or propriety of any contribution or of any distribution made hereunder, nor shall the Custodian incur any liability or responsibility for any tax imposed on account of any such contribution oror distribution. Further, the Custodian shall not incur any liability or responsibility in taking or omitting to take any action based on any notice, election,

Appears in 4 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

Limitation on Custodian Responsibility. The Custodian will not under any circumstances be responsible for the timing, purpose or propriety of any contribution or of any distribution made hereunder, nor shall the Custodian incur any liability or responsibility for any tax imposed on account of any such contribution oror distribution. Further, the Custodian shall not incur any liability or responsibility in taking or omitting to take any action based on any notice, election, or instruction or any written instrument believed by the Custodian to

Appears in 3 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

Limitation on Custodian Responsibility. The Custodian will not under any circumstances be responsible for the timing, purpose or propriety of any contribution or of any distribution made hereunder, nor shall the Custodian incur any liability or responsibility for any tax imposed on account of any such contribution orfor

Appears in 2 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement

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Limitation on Custodian Responsibility. The Custodian will not under any circumstances be responsible for the timing, purpose or propriety of any contribution or of any distribution made hereunder, nor shall norshall the Custodian incur any liability or responsibility for any tax imposed on account of any such contribution or

Appears in 1 contract

Samples: Custodial Account Agreement

Limitation on Custodian Responsibility. The Custodian will not under any circumstances be responsible for the timing, purpose or propriety of any contribution or of any distribution made hereunder, nor shall the Custodian incur any liability or responsibility for any tax imposed on account of any such contribution oror distribution. Further, the Custodian shall not incur any liability or responsibility in taking or omitting to take any

Appears in 1 contract

Samples: Custodial Account Agreement

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