Common use of Additions and Withdrawals Clause in Contracts

Additions and Withdrawals. Client may generally add funds to the Account at any time. Additional assets received into the Account after it is opened may be charged a pro rata fee based upon the number of days remaining in the month. Client may withdraw Account assets by written request, subject to the usual and customary securities settlement procedures. Adviser shall impose no start-up or closing fees in connection with the Account, although Client may incur brokerage and other fees as investments are bought, or sold.

Appears in 2 contracts

Sources: Investment Management Agreement, Investment Management Agreement