Incapacitation definition
Examples of Incapacitation in a sentence
We may continue to honor instructions until: (a) we know of your Incapacitation, and (b) we have had a reasonable opportunity to act on that knowledge.
If you owe us a debt at the time of your Incapacitation, we are authorized to exercise our right of setoff or security interest rights against the funds credited to your Account after your Incapacitation.
Executive’s departure from the Company shall be designated “Without Cause” if none of the circumstances listed in Section 6(a) are present, the Company has not terminated Executive’s employment due to Incapacitation, Executive’s employment has not terminated due to death and the Company terminates Executive’s employment.
Incapacitation is when individuals are in a state or condition in which they are unable to make sound decisions.
You agree that we may continue to accept deposits and process transactions to your Account until we receive notice and any required proof of Incapacitation and may pay transactions initiated on or before the date of Incapacitation for up to 10 days after your Incapacitation unless ordered to stop payment by someone claiming an interest in the Account.