Common use of INCOME PAYMENTS TO GUARDIAN Clause in Contracts

INCOME PAYMENTS TO GUARDIAN. Income Payments may be made at the Company's discretion to the Owner's or Xxxxx's duly authorized or qualified representative. This includes without limitation, guardian, committee or attorney-in-fact, during any period that the Owner or Payee is incapable of executing a valid receipt for such payments. Any payments made according to this paragraph shall completely discharge the Company from any liability for the responsibility of making payments under this Contract. ================================================================================ ARTICLE 4: INVESTMENT TRANSFERS ================================================================================

INCOME PAYMENTS TO GUARDIAN. Income Payments may be made at the Company's discretion to the Owner's or Xxxxx's duly authorized or qualified representative. This includes without limitation, guardian, committee or attorney-in-fact, during any period that the Owner or Payee is incapable of executing a valid receipt for such payments. Any payments made according to this paragraph shall completely discharge the Company from any liability for the responsibility of making payments under this Contract. ================================================================================ ARTICLE 4: INVESTMENT TRANSFERS ================================================================================.