Common use of Binding Nature; Third-Party Beneficiaries Clause in Contracts

Binding Nature; Third-Party Beneficiaries. (a) The Participation Agreement shall survive the death of the Account Owner (or sale, liquidation, bankruptcy or receivership in the case of an Account Owner that is an entity) and shall be binding upon the Account Owner’s personal representatives, legal representatives, heirs, successors and assigns.

Appears in 5 contracts

Samples: www.itppv.com, www.itppv.com, www.itppv.com

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Binding Nature; Third-Party Beneficiaries. (a) The Participation Agreement shall survive the death of the Account Owner (or sale, liquidation, bankruptcy or receivership in the case of an Account Owner that is an entity) and shall be binding upon the Account Owner’s personal representatives, legal representatives, heirs, successors and assigns.

Appears in 1 contract

Samples: Participation Agreement

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