Holder's Estate definition
Examples of Holder's Estate in a sentence
Ineligible assets may be carried in a ▇▇▇ Account so long as the Account Holder is alive but, upon the death of the Account ▇▇▇▇▇▇, ▇▇▇ ineligible assets will become part of the Account Holder's Estate and will not pass according to the ▇▇▇ designation.
If, after a reasonable time following the death of the Account Holder, the Beneficiary's Nominee is unable or refuses to accept delivery of the ▇▇▇ Account assets no Beneficiary's Nominee or appropriate substitute can be found, JPMS may distribute the assets to the Account Holder's Estate and be fully discharged from its obligations.
SOW shall not discharge it from performing any obligation already due or from making any payment of any sums already due or becoming due by reason of its withdrawal.
In case of a dispute concerning transfer between or among the Beneficiaries, the Account Holder's Estate, or the Account ▇▇▇▇▇▇'s surviving spouse, heirs, creditors, representatives, or any other person, JPMS may require the parties in interest to arrive at a final resolution by adjudication, arbitration, or other method acceptable to JPMS, prior to transferring any assets.