Common use of Receipt and Release for Payments Clause in Contracts

Receipt and Release for Payments. Any payment to any Participant, Former Participant, his legal representative, Beneficiary, or to any guardian or committee appointed for such Participant, Former Participant or Beneficiary in accordance with the provisions of this agreement, shall, to the extent thereof, be in full satisfaction of all claims hereunder against the Trustee and the Employer, either of whom may require such Participant, Former Participant, legal representative, Beneficiary, guardian or committee, as a condition precedent to such payment, to execute a receipt and release thereof in such form as shall be determined by the Trustee or Employer.

Receipt and Release for Payments. Any payment to any Participant, Former Participant, his legal representative, Beneficiary, or to any guardian or committee appointed for such Participant, Former Participant or Beneficiary in accordance with the provisions of this agreementAgreement, shall, to the extent thereof, be in full satisfaction of all claims hereunder against the Trustee and the Employer, either of whom may require such Participant, Former Participant, legal representative, Beneficiary, guardian or committee, as a condition precedent to such payment, to execute a receipt and release thereof in such form as shall be determined by the Trustee or Employer.

Receipt and Release for Payments. Any payment to any Participant, Former Participant, his legal representative, Beneficiary, or to any guardian or committee appointed for such Participant, Former Participant or Beneficiary in accordance with the provisions of this agreementthe Plan, shall, to the extent thereof, be in full satisfaction of all claims hereunder against the Trustee and the EmployerEmployer and any Participating Employers, either any of whom may require such Participant, Former Participant, legal representative, Beneficiary, guardian guardian, or committee, as a condition precedent to such payment, to execute a receipt and release thereof in such form as shall be determined by the Trustee or Employerapplicable employer.