Common use of Termination of Alimony Clause in Contracts

Termination of Alimony. Except as to any arrears, the [Husband/Wife]’s obligation to pay alimony to the [Husband/Wife] shall terminate upon the soonest to occur of the following: (a) the death of the Husband; (b) the death of the Wife; (c) the remarriage of the [Husband/Wife]; or (d) the [Husband/Wife]’s retirement (but not before the age of 65). If the [Husband/Wife] remarries, [he/she] shall notify the [Husband/Wife] no later than the date of the wedding. In the event of termination of alimony as a result of the [Husband/Wife]’s remarriage, the Parties shall determine a fair and reasonable amount of child support to be paid by the [Husband/Wife] to the [Husband/Wife] and, absent agreement, use the dispute resolution provisions of this Agreement to determine the amount. In the event of termination of alimony as a result of the death of the payor, the recipient shall be entitled to receive the death benefits from life insurance provided for in this Agreement.

Appears in 3 contracts

Samples: Separation Agreement, Divorce Agreement, Separation Agreement

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Termination of Alimony. Except as to any arrears, the The [Husband/Wife]’s obligation to pay alimony to the [Husband/Wife] shall terminate upon the soonest to occur of the following: (a) the death of the Husband; (b) the death of the Wife; (c) the remarriage of the [Husband/Wife]; , or (d) the full retirement of the [Husband/Wife]’s retirement ] (but meaning that he has no earned income) provided however that said termination shall not before occur prior to the [Husband/Wife] reaching the age of 65). If the [Husband/Wife] remarries, [he/she] shall notify the [Husband/Wife] no later than 48 hours after the date of the weddingremarriage. In the event of termination of alimony as a result of the [Husband/Wife]’s remarriage, the Parties shall determine a fair and reasonable amount of child support to be paid by the [Husband/Wife] to the [Husband/Wife] and, absent failing agreement, use the dispute resolution provisions of this Agreement to determine the amount. In the event of termination of alimony as a result of the death of the payor, the recipient shall be entitled to receive the death benefits from life insurance provided for in this Agreement.

Appears in 3 contracts

Samples: Separation Agreement, Divorce Agreement, Separation Agreement

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