XXX Accounts. Paraprofessionals shall be allowed to take advantage of the federal law concerning tax-free XXX Accounts through payroll deductions to a bank or financial institution of their choice. The Committee will request the Treasurer of the City of Xxxx to deduct and submit said sums as specified.
XXX Accounts. Prior to the Closing Date, Purchaser shall designate a successor trustee or custodian, which may be Purchaser, as to any XXX constituting a liability to be assumed by Purchaser and for which Seller acts as trustee or custodian. Seller will transfer the trusteeship or custodianship of all such IRAs to such successor trustee or custodian on the Closing Date. Seller shall be responsible for all federal, state and local income tax reporting for such accounts for the period ending on the Closing Date, and the successor trustee or custodian shall be responsible for such reporting thereafter.
XXX Accounts. Not later than thirty days prior to the expected Closing Date, SELLER shall, at SELLER's expense, mail notice of SELLER's resignation as Custodian and the appointment of BUYER as the Successor Custodian, effective upon Closing, of each XXX maintained at the Offices. The notice shall include such other information that is mutually agreed upon by SELLER and BUYER.
XXX Accounts. Employees shall be allowed to take advantage of the federal law concerning tax-free XXX Accounts through payroll deductions to a bank or financial institution of their choice. The Committee will request the Treasurer of the City of Xxxx to deduct and submit said sums as specified.
XXX Accounts. (a) Included in the Deposit Liabilities are deposits of customers of the Branch relating to XXX accounts (which the parties acknowledge include SEP XXX accounts, SIMPLE XXX accounts and any other type of retirement account reflected in the deposit balances of the Branch) pursuant to which Seller is currently acting as custodian.
XXX Accounts. XXX accounts are individual retirement accounts. There may be restrictions on contributions, withdrawals, and other features of the accounts according to Federal law and guidelines. Funds may be tax deductible and/or tax-deferred. We do not provide tax advice; you should consult with a qualified tax advisor regarding any funds you may have in these accounts. You may be required to sign a separate agreement upon opening these accounts. There is no joint owner on a XXX account.
XXX Accounts. Not later than thirty days prior to the expected Closing Date, BANK ONE shall, at BANK ONE's expense, mail notice of BANK ONE's resignation as Custodian and the appointment of CNB as the Successor Custodian, effective upon Closing, of each Individual Retirement Account maintained at the Offices. The notice shall include such other information that is mutually agreed upon by BANK ONE and CNB.
XXX Accounts. On the Closing Date, Xxxxx shall, to the extent permitted by law and under Xxxxx’x XXX agreements, resign as custodian with respect to any individual retirement account (“XXX”) which is to be assumed by Commerce under this Agreement and shall designate or appoint Commerce as successor custodian under each such account.
XXX Accounts. Not later than thirty days prior to the expected Closing Date, Seller shall, at Seller's expense, mail notice of Seller's resignation as custodian and trustee, and the appointment of Buyer as the successor custodian or trustee, effective upon Closing, of IRAs maintained at the Branch. The notice shall be in the form that is mutually agreed upon by Seller and Buyer.
XXX Accounts. PFPC Trust shall arrange for the establishment of XXX custodian accounts for such Shareholders holding Shares through XXX accounts, in accordance with the Internal Revenue Code of 1986, as amended (including regulations promulgated thereunder), and with such other procedures as are mutually agreed upon from time to time by and among the Fund, PFPC Trust and the Fund’s transfer agent.
