Examples of Legally Incompetent in a sentence
If the Account Owner dies or becomes Legally Incompetent, the Account Owner’s Appointee shall automatically become the Account Owner for purposes of these Rules and the Contract, including, but not limited to constituting the Refund Recipient.
The Per Capita Board shall make disbursements from the special needs trust accounts for each individual Legally Incompetent Member upon the approval of a petition for such distributions submitted to the Per Capita Board by the legal guardian or person holding a valid power of attorney for the individual Legally Incompetent Member.
Account balances of the special needs trust accounts for each individual Legally Incompetent Member shall be made available no less than annually to the legal guardian or person holding a valid power of attorney.
Per Capita Payments due to Legally Incompetent Members shall be paid by the Tribe as Trustor into separate special needs trust accounts established for the health, education and welfare of such Tribal Members.
The petition shall include a budget of monies necessary for the health, education and welfare of the individual Legally Incompetent Member.
The Issuer and Japan reserve the right to appoint, at their discretion, agents (one or more “Agents”, or each, an “Agent”) for the payment of principal of and interest on the Securities (the “Principal Paying Agent”), for the calculation of interest rates and the amounts of interest on the Floating Rate Securities (the “Calculation Agent”) or for the transfer and exchange of Securities (the “Transfer Agent”) at such place or places as the Issuer may determine.
A vote pursuant to the letter of authorization will be legal even if the appointor had previously died, or became Legally Incompetent, or became bankrupt, or, if it is a corporation – was wound up, or revoked the letter of authorization, or transferred the Share regarding which it was issued, unless written notice of the occurrence of such event was received at the Company’s registered office prior to the meeting.
If the Purchaser dies or becomes Legally Incompetent, the Purchaser’s Appointee shall automatically become the Purchaser for purposes of these Rules and the Contract, including, but not limited to, Rule 1700-05-04-.01(2)(r).