Common use of Representations and Responsibilities Clause in Contracts

Representations and Responsibilities. You represent and warrant that any information you provide us regarding your HSA with respect to this agreement is complete and accurate. Further, you agree that any directions you give your HSA Administrator or action you take will be proper under this agreement, and that we are entitled to rely upon any such information or directions. If we fail to receive directions from you regarding any transaction, or we receive ambiguous directions regarding any transaction, or we in good faith believe that any transaction requested is in dispute, we reserve the right to take no action until further clarification acceptable to us is received from you or the appropriate government or judicial authority. We shall not be responsible in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any losses. We shall not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, and you agree to reimburse us for any loss we may incur as a result of such directions, actions or failures to act. We shall not be responsible for any penalties, taxes, judgments or expenses you incur in connection with your HSA. We have the right, but not the obligation to require you to provide, on a form provided by or acceptable to us, proof or certification that you are eligible to contribute to this HSA, including, but not limited to, proof or certification that you are covered by a HDHP.

Appears in 11 contracts

Samples: Custodial Agreement and Disclosure Statement, Custodial Agreement and Disclosure Statement, Custodial Agreement

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Representations and Responsibilities. You represent and warrant that any information you provide us regarding your HSA with respect to this agreement is complete and accurate. Further, you agree that any directions you give your HSA Administrator or action you take will be proper under this agreement, and that we are entitled to rely upon any such information or directions. If we fail to receive directions from you regarding any transaction, or we receive ambiguous directions regarding any transaction, or we in good faith believe that any transaction requested is in dispute, we reserve the right to take no action until further clarification which is acceptable to us is received from you or the appropriate government or judicial authority. We shall not be responsible in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any losses. We shall not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, and you agree to reimburse us for any loss we may incur as a result of such directions, actions or failures to act. We shall not be responsible for any penalties, taxes, judgments or expenses you incur in connection with your HSA. We have the right, but not the obligation to require you to provide, on a form provided by or acceptable to us, proof or certification that you are eligible to contribute to this HSA, including, but not limited to, proof or certification that you are covered by a HDHP.

Appears in 7 contracts

Samples: Custodial Agreement, Custodial Agreement and Disclosure Statement, Custodial Agreement

Representations and Responsibilities. You represent and warrant that any information you provide us regarding your HSA with respect to this agreement is complete and accurate. Further, you agree that any directions you give your HSA Administrator the TPA or action you take will be proper under this agreement, and that we are entitled to rely upon any such information or directions. If we fail to receive directions from you regarding any transaction, or if we receive ambiguous directions regarding any transaction, or we in good faith believe that any transaction requested is in dispute, we reserve the right to take no action until further clarification acceptable to us is received from you or the appropriate government or judicial authority. We shall not be responsible in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any losses. We shall not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, and you agree to reimburse us for any loss we may incur as a result of such directions, actions or failures to act. We shall not be responsible for any penalties, taxes, judgments or expenses you incur in connection with your HSA. We have no duty to determine whether your contributions or distributions comply with the rightCode, but not Treasury Regulations, IRS Rulings or this agreement. We have the obligation right to require you to provide, on a form provided by or acceptable to us, proof or certification that you are eligible to contribute to this HSA, including, but not limited to, proof or certification that you are covered by a HDHP. In no event shall we be responsible to determine if contributions made by your employer to your HSA meet the requirements for comparable contributions, the rules of which are set forth in the Code and IRS published guidance.

Appears in 4 contracts

Samples: Custodial Agreement, Custodial Agreement and Disclosure Statement, Custodial Agreement and Disclosure Statement

Representations and Responsibilities. You represent and warrant that any information you provide us regarding your HSA with respect to this agreement is complete and accurate. Further, you agree that any directions you give your the HSA Administrator or action you take will be proper under this agreement, and that we are entitled to rely upon any such information or directions. If we fail to receive directions from you regarding any transaction, or if we receive ambiguous directions regarding any transaction, or we in good faith believe that any transaction requested is in dispute, we reserve the right to take no action until further clarification acceptable to us is received from you or the appropriate government or judicial authority. We shall not be responsible in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any losses. We shall not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, and you agree to reimburse us for any loss we may incur as a result of such directions, actions or failures to act. We shall not be responsible for any penalties, taxes, judgments or expenses you incur in connection with your HSA. We have no duty to determine whether your contributions or distributions comply with the rightCode, but not Treasury Regulations, IRS Rulings or this agreement. We have the obligation right to require you to provide, on a form provided by or acceptable to us, proof or certification that you are eligible to contribute to this HSA, including, but not limited to, proof or certification that you are covered by a HDHP. In no event shall we be responsible to determine if contributions made by your employer to your HSA meet the requirements for comparable contributions, the rules of which are set forth in the Code and IRS published guidance.

Appears in 2 contracts

Samples: Custodial Agreement, Custodial Agreement

Representations and Responsibilities. You represent and warrant to us that any information you provide have given or will give us regarding your HSA with respect to this agreement Agreement is complete and accurate. Further, you agree that any directions you or the Account Representative give your HSA Administrator us, or action you or the Account Representative take will be proper under this agreement, Agreement and that we are entitled to rely upon any such information or directions. If You acknowledge that we fail are under no obligation to receive directions from you regarding any transaction, determine what actions or we receive ambiguous directions regarding any transaction, documentation may be necessary or we in good faith believe that appropriate with respect to any transaction requested is in dispute, we reserve the right to take no action until further clarification acceptable to us is received from by you or the appropriate government Account Representative, and that we need only obtain those documents specified by you or judicial authoritythe Account Representative in any authorization (i.e. purchase or sale authorization). We shall have no duty to confirm or ascertain that any such document or instrument obtained in connection with any transaction is genuine or authentic or that it has been properly or correctly executed or entered into by any purported party thereto. Upon receipt of any report or statement directly from us or SeedInvest Technology, you must inform us in writing if you believe any information on the report/statement is incorrect within 30 days after the report/statement is sent. If you do not so inform us, then we shall be responsible relieved from all liability regarding the status of your Account as stated in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any lossesreport/statement. We shall not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, act and you agree to reimburse us for any loss we may incur as a result of such directions, actions or failures to act. We shall not be responsible for any penalties, taxes, judgments judgments, damages or expenses you incur in connection with your HSA. We have the right, but not the obligation to require you to provide, on a form provided by or acceptable to us, proof or certification that you are eligible to contribute to this HSA, including, but not limited to, proof or certification that you are covered by a HDHPAccount.

Appears in 1 contract

Samples: Custodial Account Agreement

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Representations and Responsibilities. You represent and warrant to us that any information you provide have given or will give us regarding your HSA with respect to this agreement is complete and accurate. Further, you agree that any directions you give your HSA Administrator us or action you take will be proper under this agreement, and that we are entitled to rely upon any such information or directions. If we fail to receive directions from you regarding any transaction, or if we receive ambiguous directions regarding any transaction, or we if we, in good faith faith, believe that any transaction requested is in dispute, we reserve the right to take no action until further clarification acceptable to us is received from you or the appropriate government or judicial authority. We shall not be responsible in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any losses. We shall will not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, and you agree to reimburse us for any loss we may incur as a result of such directions, actions actions, or failures to act. We shall will not be responsible for any penalties, taxes, judgments judgments, or expenses you incur in connection with your HSAinherited Xxxx XXX. We have no duty to determine whether your contributions or distributions comply with the rightCode, but not the obligation to require regulations, rulings, or this agreement. We may permit you to provideappoint, on a form provided by or acceptable through written notice accept- able to us, proof or certification that you are eligible an authorized agent to contribute act on your behalf with respect to this HSAagreement (e.g., includingattorney-in-fact, executor, administrator, investment manager), but not limited to, proof we have no duty to determine the validity of such appointment or certification that you are covered by a HDHP.any instrument

Appears in 1 contract

Samples: Wealth Management Agreement

Representations and Responsibilities. You represent and warrant to us that any information you provide have given or will give us regarding your HSA with respect to this agreement is complete and accurate. Further, you agree that any directions you give your HSA Administrator us or action you take will be proper under this agreement, and that we are entitled to rely upon any such information or directions. If we fail to receive directions from you regarding any transaction, or if we receive ambiguous directions regarding any transaction, or we if we, in good faith faith, believe that any transaction requested is in dispute, we reserve the right to take no action until further clarification acceptable to us is received from you or the appropriate government or judicial authority. We shall not be responsible in the event of any failure or interruption of services resulting from the act or omission of any third party service provider used to give such direction, and shall not be responsible for any losses. We shall will not be responsible for losses of any kind that may result from your directions to us or your actions or failures to act, and you agree to reimburse us for any loss we may incur as a result of such directions, actions actions, or failures to act. We shall will not be responsible for any penalties, taxes, judgments judgments, or expenses you incur in connection with your HSA. We have no duty to determine whether your contributions or distributions comply with the rightCode, but not regulations, rulings, or this agreement. We have the obligation right to require you to provide, on a form provided by or acceptable to us, proof or certification that you are eligible to contribute to this HSA, including, but not limited to, proof or certification that you are covered by a an HDHP. In no event will we be responsible to determine if contributions made by your employer to your HSA meet the requirements for comparable contributions, the rules of which are set forth in the Code and IRS published guidance.

Appears in 1 contract

Samples: Health Savings Account Custodial Agreement

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