Common use of Merchandise and Services Clause in Contracts

Merchandise and Services. Subject to the terms of this Contract, Purchaser agrees to purchase the Cemetery Merchandise and Services at the current retail price established herein by paying Seller in the manner set forth in this Contract (Sections I & II), and upon the death of the Contract Beneficiary, the Seller shall furnish the Cemetery Merchandise and Services as set forth in the Statement of Cemetery Merchandise and Services Selected above, regardless of the cost of the merchandise or service at the date of the death of the Contract Beneficiary (see Disclosures 4 & 5). The Provider will be entitled to all life insurance or annuity proceeds (Section II), except for amounts in excess of the cost of Merchandise and Services provided at the time of fulfillment (the Contract Beneficiary’s death). This Contract provides benefits in the form of Cemetery Merchandise and Services only, unless Non-Guaranteed Cash Advance Items are specified above.

Appears in 4 contracts

Samples: Preneed Cemetery Merchandise and Services Contract, Contract for Preneed Cemetery Merchandise and Services, Contract for Preneed Cemetery Merchandise and Services

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Merchandise and Services. Subject to the terms of this Contract, Purchaser agrees to purchase the Cemetery Merchandise and Services at the current retail price established herein by paying Seller in the manner set forth in this Contract (Sections I & II), and upon the death of the Contract Beneficiary, the Seller shall furnish the Cemetery Merchandise and Services as set forth in the Statement of Cemetery Merchandise and Services Selected above, regardless of the cost of the merchandise or service at the date of the death of the Contract Beneficiary (see Disclosures 4 5 & 56). The Provider will be entitled to all life insurance or annuity proceeds trust funds on deposit including income (Section Sections I & II), except for amounts even if in excess of the cost of Merchandise and Services provided at the time of fulfillment (the Contract Beneficiary’s death). This Contract provides benefits in the form of Cemetery Merchandise and Services only, unless Non-Guaranteed Cash Advance Items Benefits are specified above.

Appears in 2 contracts

Samples: Contract for Preneed Cemetery Merchandise and Services, Contract for Preneed Cemetery Merchandise and Services

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