Common use of Right of Revocation By Participant Clause in Contracts

Right of Revocation By Participant. (a) You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx XXX that is revoked, and the distribution from a Xxxx XXX that is revoked, must be reported to the IRS.

Appears in 4 contracts

Samples: Account Application and Agreement, Account Application and Agreement, Roth Ira Custodial Account Agreement

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Right of Revocation By Participant. (a) You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx an XXX that is revoked, and the distribution from a Xxxx an XXX that is revoked, revoked must be reported to the IRS.

Appears in 3 contracts

Samples: Traditional Ira Custodial Account Agreement, Traditional Ira Custodial Account Agreement, Inherited Ira Agreement

Right of Revocation By Participant. (a) a. You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) b. If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx XXX that is revoked, and the distribution from a Xxxx XXX that is revoked, must be reported to the IRS.

Appears in 2 contracts

Samples: Roth Ira Custodial Account Agreement, Roth Ira Custodial Account Agreement

Right of Revocation By Participant. (a) You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx SIMPLE XXX that is revoked, and the distribution from a Xxxx SIMPLE XXX that is revoked, must be reported to the IRS.

Appears in 2 contracts

Samples: Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement

Right of Revocation By Participant. (a) a. You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000000xx. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) b. If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx XXX an IRA that is revoked, and the distribution from a Xxxx XXX an IRA that is revoked, revoked must be reported to the IRS.

Appears in 1 contract

Samples: Traditional Ira Custodial Account Agreement

Right of Revocation By Participant. (a) You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx XXX an IRA that is revoked, and the distribution from a Xxxx XXX an IRA that is revoked, revoked must be reported to the IRS.

Appears in 1 contract

Samples: Account Application and Agreement

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Right of Revocation By Participant. (a) a. You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) b. If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx XXX SIMPLE IRA that is revoked, and the distribution from a Xxxx XXX SIMPLE IRA that is revoked, must be reported to the IRS.

Appears in 1 contract

Samples: Simple Ira Custodial Account Agreement

Right of Revocation By Participant. (a) a. You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) b. If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx an XXX that is revoked, and the distribution from a Xxxx an XXX that is revoked, revoked must be reported to the IRS.

Appears in 1 contract

Samples: Traditional Ira Custodial Account Agreement

Right of Revocation By Participant. (a) You have the right to revoke the Agreement for a period of seven (7) calendar days following the date you sign the Application to establish the Account. To revoke the Agreement, you must mail or personally deliver a written notice of revocation to Pershing LLC, Retirement Products Department, Xxx Xxxxxxxx Xxxxx, Xxxxxx Xxxx, Xxx Xxxxxx 00000. Pershing LLC must receive your revocation notice no later than 7 days after you signed the Application. If your revocation notice is mailed, the notice will be deemed received as of the date of the postmark (or if sent by certified or registered mail, the date of certification or registration) if it is deposited in the United States mail in an envelope, or other appropriate wrapper, first-class postage prepaid, and properly addressed. (b) If the Agreement is revoked, the Custodian will return your entire contribution to you without penalty, service charge, administrative expenses, or any other reduction. The contribution to a Xxxx XXX SIMPLE IRA that is revoked, and the distribution from a Xxxx XXX SIMPLE IRA that is revoked, must be reported to the IRS.

Appears in 1 contract

Samples: Simple Ira Custodial Account Agreement

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