Common use of Trading Restrictions Clause in Contracts

Trading Restrictions. The Trustee may adopt policies, procedures, and measures to discourage frequent trading that may harm participants in any Investment Account, including limits on the frequency of deposits and withdrawals, redemption fees or other measures, and may in its sole discretion reject investment directions that violate such policies and procedures. The Trustee is not liable for any failure to effect directions that are not in good order under its trading policies and procedures.

Appears in 8 contracts

Sources: Participation Agreement, Participation Agreement, Participation Agreement

Trading Restrictions. The Trustee may adopt policies, procedures, and measures to discourage frequent trading that may harm participants in any Investment Account, including limits on the frequency of deposits and withdrawals, redemption fees or other measures, and may in its sole discretion reject investment directions that violate such policies and procedures. The Trustee is not liable for any failure to effect directions that are not in good order under its trading policies and procedures. Redemptions with a value over $250,000.00 require a pre-notification of five (5) business days to the Trustee at ▇▇▇▇@▇▇▇▇.▇▇▇.

Appears in 4 contracts

Sources: Participation Agreement, Participation Agreement, Participation Agreement