Transfer Upon Death. Upon the death of a Licensee or Equity Owner, this Agreement or the Equity Interest (if applicable) may pass in accordance with such person's will or, if such person dies intestate, in accordance with laws of intestacy governing the distribution of such person's estate, without our consent; provided that (i) the Transfer is to a Family Member or to a legal entity formed by such Family Member(s), and (ii) within one year after the death, such Family Member(s) or entity meets all our then current requirements for an approved applicant.
Transfer Upon Death. Upon the death of a Licensee or Equity Owner who is a natural person, this Agreement or the Equity Interest of the deceased Equity Owner may Transfer in accordance with such person’s will or, if such person dies intestate, in accordance with laws of intestacy governing the distribution of such person’s estate without our consent, provided that: (i) the Transfer Upon Death is to an immediate family member or to a legal entity formed by such family member(s); and (ii) within one (1) year after the death, such family member(s) or entity meet all of our then current requirements for an approved applicant and the Transfer otherwise satisfies the conditions in this Subparagraph 11.b.(2).
Transfer Upon Death. Notwithstanding anything herein to the contrary, a Shareholder may transfer any of his Shares by will or the laws of descent and distribution. Any Shares so transferred shall remain subject to this Agreement, and all rights, obligations and provisions for purchase of such Shares hereunder shall remain unaffected by such a transfer.
Transfer Upon Death. Subject to the provisions of Section 9.1, upon the death of any holder of Management Equityholder Shares, the Management Equityholder Shares held by such holder may be distributed by will or other instrument taking effect at death or by applicable laws of descent and distribution to such holder's estate, executors, administrators and personal representatives, and then to such holder's heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder.
Transfer Upon Death. This Agreement shall be transferred to the following individual in the event of Customer death. NAME ADDRESS
Transfer Upon Death. The legal representative of a deceased Person who holds a Membership Interest is hereby authorized to distribute the deceased individual’s direct or indirect interest in the Membership Interest, without liquidation thereof, to the Person or Persons entitled thereto under the applicable laws of testate or intestate succession. The legal representative of a deceased individual holding the direct or indirect interest in the Membership Interest shall promptly notify the Fund of such individual’s death. Neither the legal representative of the deceased individual nor any distributee of the deceased individual’s direct or indirect interest in the Membership Interest may require that the Membership Interest be redeemed or liquidated by the Fund. No Transferee of a deceased individual’s Membership Interest shall be a Member unless admitted in accordance with Section 8.1(b).
Transfer Upon Death. To effect a testamentary transfer of a GDI business, the successor must provide the following to GDI: (1) an original death certificate; (2) a notarized copy of the will or other instrument establishing the successor’s right to the GDI business; and (3) a completed and executed Affiliate Agreement.
Transfer Upon Death. To effect a testamentary transfer of a DCC business, the successor must provide the following to DCC: (1) an original death certificate; (2) a notarized copy of the will or other instrument establishing the successor’s right to the DCC business; and (3) a completed and executed Affiliate Agreement. Transfer upon Incapacity. To affect a transfer of a DCC business because of incapacity, the successor must provide the following to DCC: (1) a notarized copy of an appointment as trustee; (2) a notarized copy of the trust document or other documentation establishing the trustee’s right to administer the DCC business; and (3) a completed Affiliate Agreement executed by the trustee.
Transfer Upon Death. You desire that upon your death or the death of the last surviving owner in an eligible joint XXX Account (the “Date of Death”), the eligible assets in the XXX Account be transferred to the above‐identified beneficiaries in accordance with the provisions of this XXX Agreement. You understand that the nonprobate features of the XXX Agreement apply only to eligible assets held in the XXX Account at the Date of Death. You further understand that the beneficiary designation and disposition of assets made under the XXX Agreement will supersede any disposition stated in other documents such as a will, trust, or other legal document, except by court order received by WDCO in time for it to act before it makes transfers pursuant to the designations made by you in this XXX Agreement. Upon your death, the beneficiaries assume control of the XXX Account assets even if your will, trust, or other legal document provides for a contrary or inconsistent disposition.
Transfer Upon Death. Notwithstanding Section 1 hereto, any Shareholder may, upon his or her death, transfer all or a portion of his or her Shares to a beneficiary in accordance with his or her last will and testament or by operation of the applicable law for the administration of estates upon intestacy, provided that such beneficiary agrees to become a party to this Agreement and to be bound by and have the benefit of the terms and conditions of this Agreement.
