Common use of Restrictions on the Fund Clause in Contracts

Restrictions on the Fund. Neither the responsible individual, the designated beneficiary (nor anyone acting on behalf of the designated beneficiary), the depositor nor any contributor may sell, transfer or pledge any interest in the Xxxxxxxxx ESA in any manner whatsoever, except as provided by law or this agreement. The assets in the Xxxxxxxxx ESA will not be responsible for the debts, contracts, or torts of the responsible individual, the designated beneficiary, the depositor, or any person entitled to distributions under this agreement.

Restrictions on the Fund. Neither the responsible individualResponsible Individual, the designated beneficiary Designated Beneficiary (nor anyone acting on behalf of the designated beneficiaryDesignated Beneficiary), the depositor Depositor nor any contributor may sell, transfer or pledge any interest in the Xxxxxxxxx ESA in any manner whatsoever, except as provided by law or this agreement. The assets in the Xxxxxxxxx ESA will shall not be responsible for the debts, contracts, contracts or torts of the responsible individualResponsible Individual, the designated beneficiaryDesignated Beneficiary, the depositor, Depositor or any person entitled to distributions under this agreement.

Restrictions on the Fund. Neither the responsible individualResponsible Individual, the designated beneficiary Designated Beneficiary (nor anyone acting on behalf of the designated beneficiaryDesignated Beneficiary), the depositor Depositor nor any contributor may sell, transfer transfer, or pledge any interest in the Xxxxxxxxx ESA in any manner whatsoever, except as provided by law or this agreement. The assets in the Xxxxxxxxx ESA will not be responsible for the debts, contracts, or torts of the responsible individual, the designated beneficiary, the depositor, or any person entitled to distributions under this agreement.

Restrictions on the Fund. Neither the responsible individual, the designated beneficiary (nor anyone acting on behalf of the designated beneficiary), the depositor nor any contributor may sell, transfer or pledge any interest in the Xxxxxxxxx ESA in any manner whatsoever, except as provided by law or this agreement. The assets in the Xxxxxxxxx Coverdell ESA will not be responsible for the debts, contracts, or torts of the responsible individual, the designated beneficiary, the depositor, or any person entitled to distributions under this agreement.