Common use of Upon Death Clause in Contracts

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon the death of any holder of Shares who is a natural Person, such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s estate, executors, administrators and personal representatives, and then to such holder’s heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder or a Charitable Organization.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a natural Person, such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s estate, executors, administrators and personal representatives, and then to such holder’s heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder or a Charitable Organization.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a natural Person, a distribution of such Shares may be distributed by the will or other instrument taking effect at the death of such holder or by applicable laws of descent and distribution to such holder’s estate, executors, administrators and personal representatives, and then to such holder’s heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder or a Charitable Organizationholder.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a ---------- natural PersonPerson (other than a Management Stockholder on the date hereof), such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s 's estate, executors, administrators and personal representatives, and then to such holder’s 's heirs, legatees or distributees, whether or not such recipients are Members Member of the Immediate Family of such holder or a Charitable OrganizationFamily.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a natural Person, such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s 's estate, executors, administrators and personal representatives, and then to such holder’s 's heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder holder, or to a Charitable Organization.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a natural Person, such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s estate, executors, administrators and personal representatives, and then to such holder’s heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder holder, or to a Charitable Organization.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a natural PersonPerson (other than a Management Stockholder on the date hereof), such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s estate, executors, administrators and personal representatives, and then to such holder’s heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder or a Charitable OrganizationFamily.

Upon Death. Subject to the provisions of Section 5.1, if applicable, upon Upon the death of any holder of Shares who is a natural Person, such Shares may be distributed by the will or other instrument taking effect at death of such holder or by applicable laws of descent and distribution to such holder’s estate, executors, administrators and personal representatives, and then to such holder’s heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder or a Charitable Organizationholder.