Common use of Rights of Payees Clause in Contracts

Rights of Payees. The Payees have the right to receive the annuity payments set forth under this Certificate. Such right to annuity payments is enforceable by the Payees solely against Prudential and no other person including the Plan, Plan sponsor, Contract-Holder or any affiliate thereof.

Appears in 3 contracts

Samples: Definitive Transaction Framework Agreement (General Motors Co), Definitive Transaction Framework Agreement (General Motors Co), Definitive Transaction Framework Agreement (General Motors Co)

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Rights of Payees. The Payees have the right to receive the annuity payments set forth under this Certificate. Such right to annuity payments is enforceable by the Payees solely against Prudential and no other person including the Plan, Plan sponsor, Contract-Holder or any affiliate thereof.. Appendix 1.3 - 32

Appears in 1 contract

Samples: Definitive Transaction Framework Agreement (General Motors Co)

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Rights of Payees. The Payees have the right to receive the annuity payments set forth under this Certificate. Such right to annuity payments is enforceable by the Payees solely against Prudential and no other person including the Plan, Plan sponsor, Contract-Holder or any affiliate thereof.. Appendix 1.3 - 17

Appears in 1 contract

Samples: Definitive Transaction Framework Agreement (General Motors Co)

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