Contingent Beneficiaries. At the death of the direct beneficiary, the present value of any unpaid payments under a payment plan, will be payable in equal shares to the contingent beneficiaries who survive and receive payment. If a contingent beneficiary dies before receiving all or part of the contingent beneficiary’s full share, the unpaid portion will be payable in equal shares to the other contingent beneficiaries who survive and receive payment.
Contingent Beneficiaries. Any Periodic Payments to be made after the death of any Claimant or Successor Payee shall be made to such party as shall have been designated in, or in accordance with, the Settlement Agreement or, if the Settlement Agreement does not provide for such designation, then to the party designated in conformity with this paragraph 8. Any party so designated is referred to in this Agreement as a “Contingent Beneficiary.” If no Contingent Beneficiary is living at the time of the death of a Claimant or Successor Payee, payment shall be made to the decedent’s estate. As used in this Agreement the term “Successor Payee” refers to a Contingent Beneficiary or an estate that has become entitled to receive Periodic Payments following the death of a Claimant or a Successor Payee. Except as otherwise provided in the Settlement Agreement, no designation or change of designation of a Contingent Beneficiary shall be effective unless such change (i) is requested in a written request submitted to MOSSCO (or its authorized agent) in accordance with XXXXXX’s customary procedures for processing such requests; and (ii) is confirmed by MOSSCO (or its authorized agent). Except for a designation that is expressly identified in the Settlement Agreement as irrevocable, any designation of a Contingent Beneficiary shall be deemed to be revocable; and no party that is designated as a Contingent Beneficiary (other than a party irrevocably designated as a Contingent Beneficiary in the Settlement Agreement) shall, solely by virtue of its designation as a Contingent Beneficiary, be deemed to have any cognizable interest in any Periodic Payments.
Contingent Beneficiaries. If no primary Beneficiary survives the Owner, the Account will be paid in equal shares (unless otherwise specified in the Beneficiary designation) to the contingent Beneficiary or Beneficiaries who survive the Owner, following the rule in paragraph (1) above.
Contingent Beneficiaries. If no direct beneficiary survives and receives payment of the entire Life Insurance Benefit, then the remaining Life Insurance Benefit will be paid in equal shares to the contingent beneficiaries, if any, who survive and receive payment. If a contingent beneficiary dies before receiving all or part of the contingent beneficiary’s full share, then the unpaid portion will be paid in equal shares to the other contingent beneficiaries who survive and receive payment.
Contingent Beneficiaries. This designation is revocable as to each beneficiary except when otherwise stated, and beneficiaries of like class shall share equally with right of survivorship. Any designation of an individual shall mean an individual living at the Participant's death.
Contingent Beneficiaries. If the direct benefi- ciaries do not survive and receive payment of the entire Life Insurance Benefit, then the unpaid portion will be paid in equal shares, unless oth- erwise designated by the Owner, to the contin- gent beneficiaries who survive and receive pay- ment. If a contingent beneficiary dies before receiving all or part of the contingent benefi- ciary's full share, then the unpaid portion will be paid in equal shares to the other contingent beneficiaries who survive and receive payment.
Contingent Beneficiaries. If a Beneficiary’s entitlement to the Participant’s benefits is contingent upon the death of a prior Beneficiary, such contingent Beneficiary will not be deemed a Beneficiary for purposes of determining the shortest Life Expectancy or for determining whether a Beneficiary is not an individual beneficiary. If a designated Beneficiary whose Life Expectancy is used to calculate a distribution period dies on or after the Required Beginning Date, such prior Beneficiary’s Life Expectancy will continue to be used to determine the distribution period regardless of whether the contingent Beneficiary has a shorter Life Expectancy.
Contingent Beneficiaries. If no primary Beneficiary survives the Depositor, the Custodial Account will be paid in equal shares (unless otherwise specified in the beneficiary designation) to the Contingent Beneficiary or Beneficiaries who survive the Depositor, following the rule in paragraph (a) above.
Contingent Beneficiaries. Primary Beneficiary share shall pass to Contingent Beneficiary % Relationship SSN/Tax ID No. Date of Birth (if a person) Primary Beneficiary share shall pass to Contingent Beneficiary % Relationship SSN/Tax ID No. Date of Birth (if a person) Primary Beneficiary share shall pass to Contingent Beneficiary % Relationship SSN/Tax ID No. Date of Birth (if a person) Primary Beneficiary share shall pass to Contingent Beneficiary % Relationship SSN/Tax ID No. Date of Birth (if a person) _____ X X Client Signature Date Investment Consultant Date X X Client Signature Date Investment Consultant Date Cleared Through COR Clearing LLC 0000 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxx, Xxxxxxxx 00000-1916 000-000-0000 xxx.xxxxxxxxxxx.xxx Member FINRA & SPIC LC14 11/02 XXX-2 XXX Account Fee. Client shall pay the fees charged by COR Clearing in connection with the establishment of this XXX Account. COR Clearing charges an amount for establishment and transfer or re-registration of securities, and this fee will be deducted from the XXX Account. Fees should be given to you by your Introducing Firm, normally this is in a Fee Schedule document at the opening of the account.
Contingent Beneficiaries. In the event that my spouse, my children and my children’s issue all predecease me, the remainder of the trust estate shall be distributed as provide in Article IX. B. 1.
