Common use of Limited Purpose Relationship Clause in Contracts

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided Solutions account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided Solutions account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-self- directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided Solutions account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided Solutions account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Upon termination of this Services Agreement, and unless I transfer the assets in my Guided Solutions Fund account to an account eligible for Xxxxxx Xxxxx Reserve Line, the Reserve Line, if any, associated with my account will be terminated by the Lender and any outstanding Obligations will become immediately due and payable. If the Obligations become so due and payable, I understand and acknowledge that the Lender may instruct Xxxxxx Xxxxx to liquidate securities or assets that were pledged as collateral in an amount sufficient to satisfy outstanding Obligations. Further terms governing treatment of Reserve Line Advances are provided in the Reserve Line Agreement. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided an Advisory Solutions Fund Models account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided an Advisory Solutions Fund Models account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided an Advisory Solutions account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided an Advisory Solutions account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Upon termination of this Services Agreement, and unless I transfer the assets in my Advisory Solutions UMA Models account to an account eligible for Xxxxxx Xxxxx Reserve Line, the Reserve Line, if any, associated with my account will be terminated by the Lender and any outstanding Obligations will become immediately due and payable. If the Obligations become so due and payable, I understand and acknowledge that the Lender may instruct Xxxxxx Xxxxx to liquidate securities or assets that were pledged as collateral in an amount sufficient to satisfy outstanding Obligations. Further terms governing treatment of Reserve Line Advances are provided in the Reserve Line Agreement. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided an Advisory Solutions account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided an Advisory Solutions account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided Solutions account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided Solutions account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-self- directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, ; but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide investment advisory servicesservices to the Account. I also acknowledge that Xxxxxx Xxxxx will not make investment decisions or provide investment recommendations regarding the assets within the Account, including with regard to each asset’s dispositionthe disposition of any of the assets in the Account. Some mutual funds and/or fund share classes may not be transferred and held outside of a Guided Financial Advisor Managed Solutions account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class of the same mutual fund that can be transferred and held outside of a Guided Financial Advisor Managed Solutions account. Xxxxxx Xxxxx does not act as a fiduciary with respect to the choice of share class. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. If I instruct Xxxxxx Xxxxx to liquidate or redeem securities held in my account, I understand that: i. Taxable gains, taxable losses, redemption fees, and/or sales charges may be assessed upon such liquidation or redemption. ii. To the extent that my instructions result in the liquidation of fractional shares of an equity security, as an accommodation Xxxxxx Xxxxx will purchase such fractional share(s) as principal into Xxxxxx Xxxxx’ own account at market value without mark-up or mark-down. By entering into this agreement and instructing Xxxxxx Xxxxx to liquidate the securities in my Account, I authorize and direct Xxxxxx Xxxxx to purchase any such fractional share(s) from my Account as principal. I understand that Xxxxxx Xxxxx may make a profit on its inventory due to market movements. Further terms governing this limited purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.

Limited Purpose Relationship. Upon termination of this Services Agreement, unless I advise Xxxxxx Xxxxx otherwise or enter into a new and separate advisory or brokerage account agreement, Xxxxxx Xxxxx will continue to provide limited brokerage services for my Account pursuant to the surviving provisions of this Services Agreement and the Xxxxxx Xxxxx Limited Services Supplement provided herein. This Account will remain in effect until such time as Xxxxxx Xxxxx determines to terminate such limited services, I enter into a new and separate advisory or brokerage account agreement with Xxxxxx Xxxxx, I instruct Xxxxxx Xxxxx to transfer the assets in my Account to another custodian (subject to applicable transfer fees), or I instruct Xxxxxx Xxxxx to liquidate all holdings within my Account and mail me a check for any proceeds, less any fees or other obligations owed to Xxxxxx Xxxxx. This Account will function as a self-self- directed brokerage account with limited account features. I understand and agree that I may receive distributions, liquidate securities in my Account, and withdraw funds from my Account, but I will not have the authority to purchase new securities, or add to existing positions (except for money market funds). If I previously elected optional account features, my Account may become ineligible to participate in such features upon termination of this Services Agreement. I understand and agree that I am solely responsible for reviewing such account features’ terms and conditions, as well as the impact of their termination on my Account. I further understand and agree that upon the termination of this Services Agreement, Xxxxxx Xxxxx shall not be liable or responsible for any impact associated with the termination or modification of features that were previously available to my Account prior to the termination of this Services Agreement. I acknowledge that Xxxxxx Xxxxx will no longer act as a fiduciary to the Account, and I can no longer rely on Xxxxxx Xxxxx to provide advisory services. I also acknowledge that Xxxxxx Xxxxx will not make recommendations regarding the assets within the Account, including with regard to each asset’s disposition. Some mutual funds and/or fund share classes may not be held outside of a Guided an Advisory Solutions Fund Models account. In these cases, Xxxxxx Xxxxx will sell those shares for me or will convert the shares into a share class that can be held outside of a Guided an Advisory Solutions Fund Models account. Such sales or conversions could result in higher or lower fees and/or expenses than those paid under the previous share class. Upon termination of this Services Agreement, and unless I transfer the assets in my Advisory Solutions Fund Models account to an account eligible for Xxxxxx Xxxxx Reserve Line, the Reserve Line, if any, associated with my account will be terminated by the Lender and any outstanding Obligations will become immediately due and payable. If the Obligations become so due and payable, I understand and acknowledge that the Lender may instruct Xxxxxx Xxxxx to liquidate securities or assets that were pledged as collateral in an amount sufficient to satisfy outstanding Obligations. Further terms governing treatment of Reserve Line Advances are provided in the Reserve Line Agreement. Taxable gains, taxable losses, redemption fees or sales charges may be assessed upon the liquidation or redemption of securities. I understand that these fees and expenses may negatively affect my investment performance. Further terms governing this limited limited-purpose relationship are provided in the Xxxxxx Xxxxx Limited Services Supplement herein.