Common use of Nature of Membership Clause in Contracts

Nature of Membership. Membership of the Scheme is personal to the Member and not transferrable except that upon the death of a Member who was an individual, his or her membership may vest in the legal personal representative/s of the deceased Member, and / or the heirs of the deceased Member.

Appears in 4 contracts

Samples: Representative Proceeding Funding Agreement, Representative Proceeding Funding Agreement, Representative Proceeding Funding Agreement

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