Common use of Order of Settlement Clause in Contracts

Order of Settlement. Unless expressly notified to the contrary by the Company, it shall be assumed that dispositions made by the Company in relation to a Consenting Beneficiary pursuant to the Common Terms shall be made in settlement of: 9.10.1 first, Legal Claims for Money (if any) (excluding Income Amounts (if any)); 9.10.2 then, Legal Claims for Securities (if any); and 9.10.3 lastly, Income Amounts (if any),