Common use of Cancellation of Pre-need Contract without Cause before the Death of the Beneficiary Clause in Contracts

Cancellation of Pre-need Contract without Cause before the Death of the Beneficiary. If the Pre-need Contract is revocable and the Beneficiary is living as of the Provider’s receipt of written notice of cancellation of the Pre-need Contract from the Purchaser or the Purchaser’s representative, and cancellation of the Pre-need Contract for cause has not been initiated pursuant to Paragraph 3.04 below, then within 25 days of the Trustee’s receipt from the Provider of such written notice of cancellation and the Provider’s Affidavit stating that the Beneficiary was living as of the Provider’s receipt of such written notice of cancellation and the value of any merchandise already delivered and services already performed by the provider pursuant to the Pre-need Contract, the Trustee shall liquidate the Trust Funds and distribute the liquidation proceeds, net of any accrued but unpaid Trustee compensation and expenses and taxes as follows:

Cancellation of Pre-need Contract without Cause before the Death of the Beneficiary. If the Pre-need Contract is revocable and the Beneficiary is living as of the Provider’s 's receipt of written notice of cancellation of the Pre-need Contract from the Purchaser or the Purchaser’s 's representative, and cancellation of the Pre-need Contract for cause has not been initiated pursuant to Paragraph 3.04 below, then within 25 days of the Trustee’s 's receipt from the Provider of such written notice of cancellation and the Provider’s 's Affidavit stating that the Beneficiary was living as of the Provider’s 's receipt of such written notice of cancellation and the value of any merchandise already delivered and services already performed by the provider pursuant to the Pre-need Contract, the Trustee shall liquidate the Trust Funds and distribute the liquidation proceeds, net of any accrued but unpaid Trustee compensation and expenses and taxes taxes, as follows:

Cancellation of Pre-need Contract without Cause before the Death of the Beneficiary. If the Pre-need Contract is revocable and the Beneficiary is living as of the Provider’s receipt of written notice of the cancellation of the Pre-need Contract from the Purchaser or the Purchaser’s representative, and cancellation of the Pre-need Contract for cause has not been initiated pursuant to Paragraph 3.04 below, then within 25 days of the Trustee’s receipt from the Provider of such written notice of cancellation and the Provider’s Affidavit stating that the Beneficiary was living as of the Provider’s receipt receipts of such written notice of cancellation and the value of any merchandise already delivered and services already performed by the provider pursuant to the Pre-Pre- need Contract, the Trustee shall liquidate the Trust Funds and distribute the liquidation of proceeds, net of any accrued but by unpaid Trustee compensation and expenses and taxes as follows: