Common use of Request for Distribution Clause in Contracts

Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian only to a Participant, his designated Beneficiary or Alternate Payee, and no purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian except as provided in section 5.6. The interest of a Participant, his spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements or torts of such person or to attachment or legal process against such person, except as permitted or required by law.

Appears in 3 contracts

Samples: Pax World Funds, ssfcudocs.blob.core.windows.net, ssfcudocs.blob.core.windows.net

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Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian only to a Participant, his designated Beneficiary or Alternate Payee, and no purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian except as provided in section 5.6Section 3.3. The interest of a Participant, his spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements or torts of such person or to attachment or legal process against such person, except as permitted or required by law.

Appears in 3 contracts

Samples: Constellation Trust Company, Constellation Trust Company, Constellation Trust Company

Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian Sponsor only to a Participant, his designated Beneficiary Benefi- ciary or Alternate Payee, and no . No purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian except as provided in section 5.6herein. The interest of a Participant, his spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements or torts of such person or to attachment or legal process against such person, except as permitted or required . All distributions from this Custodial Account shall be requested on a form approved by lawthe Sponsor.

Appears in 2 contracts

Samples: Custodial Agreement, Custodial Agreement

Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian Sponsor only to a Participant, his designated Beneficiary Benefi- ciary or Alternate Payee, and no . No purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian Sponsor except as provided in section 5.6herein. The interest of a Participant, his spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements or torts of such person or to attachment or legal process against such person, except as permitted or required . All distributions from this Custodial Account shall be requested on a form approved by lawthe Sponsor.

Appears in 2 contracts

Samples: content.lincolninvestment.com, content.lincolninvestment.com

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Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian only to a Participant, his designated Beneficiary or Alternate Payee, and no purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian except as provided in section 5.63.3. The interest of a Participant, his spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements or torts of such person or to attachment or legal process against such person, except as permitted or required by law.

Appears in 1 contract

Samples: advisor.gwnsecurities.com

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