Common use of Where a Holder of the Rights Clause in Contracts

Where a Holder of the Rights. is under disability (a) any person entitled to the Rights in consequence of the Insolvency of a Holder of the Rights; (b) the legal personal representatives of a deceased Holder of the Rights; (c) the beneficiaries of a deceased Xxxxxx of the Rights becoming entitled to the Rights under the will of the deceased Holder of the Rights or the next of kin of a deceased Holder of the Rights entitled to the Rights on an intestacy; and (d) any person having authority in law to manage the affairs of a Holder of the Rights who by reason of mental or physical infirmity is unable to manage his affairs, may, on producing such evidence as to his or their status or authority as Tasmanian Irrigation requires, transfer the Rights in the same manner as the Holder of the Rights could have if the Holder of the Rights had been alive or capable of transferring the Rights.