Common use of COSTS IN LOCATING BENEFICIARIES Clause in Contracts

COSTS IN LOCATING BENEFICIARIES. The Participant acknowledges that the Trustee may incur additional reasonable costs and expenses in locating the Remainder beneficiaries and said costs and expenses shall be recoverable from the remaining funds in the Subaccount.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement

COSTS IN LOCATING BENEFICIARIES. The Participant acknowledges that the Trustee may incur additional reasonable costs and expenses in locating the Remainder beneficiaries Beneficiaries and said costs and expenses shall be recoverable from the remaining funds in the Subaccount.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement