Pre-Need definition
Examples of Pre-Need in a sentence
The Funeral Establishment hereby appoints Trustee and Trustee hereby accepts the appointment as Trustee of the Pre-Need Trust Fund in accordance with the terms and conditions of this Trust Agreement and applicable law.
The Cemetery Authority hereby appoints Trustee and Trustee hereby accepts the appointment as Trustee of the Pre-Need Trust Fund in accordance with the terms and conditions of this Trust Agreement and applicable law.
For purposes of determining the amount of Taxes owed by Seller and SCI with respect to the Pre-Need Trust Funds and the Endowment Care Funds, the amount of such Taxes shall be computed as if the tax year of such funds ended on the date of the Final Trust Delivery (as defined in Section 5.5(e) below).
For purposes of determining the amount of Taxes owed by Sellers with respect to the Pre-Need Trust Funds and the Endowment Care Funds, the amount of such Taxes shall be computed as if the tax year of such funds ended on the date of the Final Trust Delivery (as defined in Section 5.5(e) below).
Other than the Pre-Need Contracts and the Leases, Schedule M contains a complete and accurate listing of all material contracts, agreements, leases, commitments, instruments or other dealings to which the Vendor is a party, by which the Vendor is bound or under which the Vendor is entitled to any benefits.
The undersigned has the authority on behalf of the Funeral Home to direct PNC Bank to invest the monies received by the Funeral Home pursuant to the Pre-Need Agreement in one or more investments (including mutual funds, insurance and annuity contracts) (the “Investment Options”) selected hereunder.
For purposes of determining the amount of Taxes owed by Seller with respect to the Pre-Need Trust Funds and the Endowment Care Funds, the amount of such Taxes shall be computed as if the tax year of such funds ended on the Effective Time with regard to the Managed Businesses and SVMP and the date of the Final Trust Delivery (as defined in Section 5.5(e) below) with regard to the Owned Business.
Nothing contained in this Section 3.01(e) is intended to prevent Liberty from independently developing software pursuant to an independent request by a current issuer and/or marketer of Pre-Need Policies for purposes of processing policy administration data for such issuer or for servicing closed blocks of Pre-Need Policies.
The Funeral Home assumes all liability to provide the Services and Merchandise to be obtained under the Pre-Need Agreement to the extent guaranteed under the Pre-Need Agreement, regardless of the results of investment in the Investment Options.
Liberty agrees that it will not disclose to any current issuer of Pre-Need Policies or any Affiliate of such issuer, the design or function of any such Software Modifications or other software developed pursuant to Additional Services: The provisions of this Section 3.01(e) are intended to retain for UFL the benefit of the use of the Software Modifications and any software developed by Liberty pursuant to Additional Services within the industry issuing Pre-Need Policies.