Conservator Clause Samples

The Conservator clause designates an individual or entity responsible for managing the affairs or assets of another party, typically when that party is unable to do so themselves due to incapacity or legal restrictions. In practice, this clause outlines the scope of the conservator's authority, such as making financial decisions, handling property, or overseeing contractual obligations on behalf of the protected person. Its core function is to ensure continuity and proper management of interests when a party cannot act independently, thereby safeguarding assets and legal rights.
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Conservator. Conservator" means a person appointed by a court to manage the estate of a living individual. "Conservator" includes a limited conservator and a guardian exercising the powers of a conservator when a conservator has not been appointed. [PL 2019, c. 417, Pt. A, §107 (NEW).]
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Conservator. Within ninety (90) days of taking occupancy of your Residence, you agree to have in place a Financial Power of Attorney, which shall include a Designation of Conservator provision, naming who will handle your financial affairs in the event you become unable to do so. You shall be responsible for keeping ▇▇▇▇▇▇ informed of any changes in the name and address of your designated conservator. In the event that such person is unable or unwilling to serve as your conservator, you understand that a court may name an alternative conservator upon application of any interested party, including ▇▇▇▇▇▇, subject to all bonds, accounting and other legal requirements. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ nor any of its respective employees, directors, trustees or agents may be named a conservator.
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Conservator. Within ninety (90) days of taking occupancy of your Residence, you agree to have in place a Financial Power of Attorney, which shall include a Designation of Conservator provision, naming who will handle your financial affairs in the event you become unable to do so. You shall be responsible for keeping McLean informed of any changes in the name and address of your designated conservator. In the event that such person is unable or unwilling to serve as your conservator, you understand that a court may name an alternative conservator upon application of any interested party, including McLean, subject to all bonds, accounting and other legal requirements. Neither McLean nor any of its respective employees, directors, trustees or agents may be named a conservator.
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Conservator. Within thirty (30) days of taking occupancy of your Residence you agree to nominate a conservator who will handle your financial affairs in the event you become unable to do so. You shall be responsible for keeping Operator informed of changes in the name or address of your conservator. In the event that such person is unable or unwilling to serve as your conservator, you understand that a court may name an alternate conservator upon application of any interested party (including Operator), subject to all bonds, accounting and other legal requirements.
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Conservator. References to an incapacitated person’s “Conservator” mean the legal conservator of such person’s estate appointed by a court of proper jurisdiction.
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Conservator. III. The connecting pipe of the conservator shall be so fitted to transformer tank that the pipe can be detached from the tank. We wish to bring to your kind notice that detachable conservator is not provided for small rating transformers and is mostly provided for power transformers. So we will provide welded type conservator tank. Kindly confirm. For transformers upto 100KVA Welded Type Conservator is Acceptable For above 100 kVA detachable conservator is required.
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Related to Conservator

  • Liquidator Upon dissolution of the Company, the Manager shall select one or more Persons to act as Liquidator. In the case of a dissolution of the Company, (i) the Liquidator (if other than the Manager) shall be entitled to receive such compensation for its services as may be separately approved by the affirmative vote of the holders of not less than a majority of the Common Shares then Outstanding entitled to vote on such liquidation; (ii) the Liquidator (if other than the Manager) shall agree not to resign at any time without 15 days’ prior notice and may be removed at any time, with or without cause, by notice of removal separately approved by the affirmative vote of the holders of not less than a majority of the Common Shares then Outstanding entitled to vote on such liquidation; (iii) upon dissolution, death, incapacity, removal or resignation of the Liquidator, a successor and substitute Liquidator (who shall have and succeed to all rights, powers and duties of the original Liquidator) shall within 30 days thereafter be separately approved by the affirmative vote of the holders of not less than a majority of the Common Shares then Outstanding entitled to vote on such liquidation. The right to approve a successor or substitute Liquidator in the manner provided herein shall be deemed to refer also to any such successor or substitute Liquidator approved in the manner herein provided. Except as expressly provided in this Article VIII, the Liquidator approved in the manner provided herein shall have and may exercise, without further authorization or consent of any of the parties hereto, all of the powers conferred upon the Manager and its officers under the terms of this Agreement (but subject to all of the applicable limitations, contractual and otherwise, upon the exercise of such powers) necessary or appropriate to carry out the duties and functions of the Liquidator hereunder for and during the period of time required to complete the winding up and liquidation of the Company as provided for herein. In the case of a termination of the Company, other than in connection with a dissolution of the Company, the Manager shall act as Liquidator.

  • Insolvency or Bankruptcy The death, dissolution or insolvency of, appointment of a receiver by or on behalf of, application of any debtor relief law, the assignment for the benefit of creditors by or on behalf of, the voluntary or involuntary termination of existence by, or the commencement of any proceeding under any present or future federal or state insolvency, bankruptcy, reorganization, composition or debtor relief law by or against me or any co-signer, endorser, surety or guarantor of this Agreement or any other obligations I have with you.

  • No Bankruptcy Developer is not now nor has it ever been in bankruptcy or receivership.

  • Receiver a secured party takes possession, or a receiver, manager or other similar officer is appointed, of the whole or any part of the undertaking, assets and revenues of such Agent;

  • Obligor Bankruptcy At the Cutoff Date no Obligor had been identified on the records of AmeriCredit as being the subject of a current bankruptcy proceeding.