Common use of Facility of Distribution Clause in Contracts

Facility of Distribution. If the Company determines in its discretion that a benefit is to be paid to a minor, to a person declared incapacitated, or to a person incapable of handling the disposition of that person’s property, the Company may pay such benefit to the guardian, legal representative or person having the care or custody of such minor, incapacitated person or incapable person. The Company may require proof of incapacity, minority or guardianship as it may deem appropriate prior to distribution of the benefit. Any distribution of a benefit shall completely discharge the Company from all liability under this Agreement for such benefit.