Common use of Death of Member Clause in Contracts

Death of Member. If a Member dies the survivor or survivors where he was a joint Holder, and his personal representatives where he was a sole Holder or the only survivor of joint Holders, shall be the only persons recognised by the Company as having any title to his interest in the Shares; but nothing herein contained shall release the estate of a deceased Member from any liability (whether sole or joint) in respect of any Share which had been held by him.

Death of Member. If a Member dies the survivor or survivors where he was a joint Holder, and his personal representatives where he was a sole Holder or the only survivor of joint Holders, shall be the only persons recognised by the Company as having any title to his interest in the Shares; but nothing herein contained shall release the estate of a deceased Member from any liability (whether sole or joint) in respect of any Share which had been jointly held by him.

Death of Member. If a Member member dies the survivor or survivors where he he/she was a joint Holderholder, and his his/her personal representatives where he he/she was a sole Holder holder or the only survivor of joint Holdersholders, shall be the only persons recognised by the Company as having any title to his his/her interest in the Sharesshares; but nothing herein contained shall release the estate of a deceased Member member from any liability (whether sole or joint) in respect of any Share share which had been jointly held by him/her.