Common use of Separation of Property Clause in Contracts

Separation of Property. Both Parties hereby agree: 4.1 that in the ev nt of Marriage they will each retain all rights and obligations over their respective prope ty whether that property is now owned or will be subsequently acquired before or during the Marriage. 4.2 that in the event of Marriage they shall each have the absolute and unconditional right to dispose of their respective separate property free from any claim by the other and their rights to their respective property shall remain as if they were not married. 4.3 that the Marriage shall not give either Party any right or benefit in the property of the other Party. 4.4 that the above clauses (4.2 and 4.3) shall apply notwithstanding any investment by one Party of time, effort or money in the maintenance, improvement or other betterment of the property of the other Party. 4.5 that the above clauses (4.2 and 4.3) shall continue indefinitely and that the passing of time shall not affect the agreed separation of assets. 4.6 that the above clauses (4.2 and 4.3) shall apply notwithstanding any behaviour, agreement, promise or course of action which purports to confer the rights or obligations of one Party upon the other unless it be formalised in accordance with clause 14 of this prenuptial Agreement.

Separation of Property. Both Parties hereby agree: 4.1 that in the ev nt event of Marriage they will each retain all rights and obligations over their respective prope ty property whether that property is now owned or will be subsequently acquired before or during the Marriage. 4.2 that in the event of Marriage they shall each have the absolute and unconditional right to dispose of their respective separate property free from any claim by the other and their rights to their respective property shall remain as if they were not married. 4.3 that the Marriage shall not give either Party any right or benefit in the property of the other Party. 4.4 that the above clauses (4.2 and 4.3) shall apply notwithstanding any investment by one Party of time, effort or money in the maintenance, improvement or other betterment of the property of the other Party. 4.5 that the above clauses (4.2 and 4.3) shall continue indefinitely and that the passing of time shall not affect the agreed separation of assets. 4.6 that the above clauses (4.2 and 4.3) shall apply notwithstanding any behaviour, agreement, promise or course of action which purports to confer the rights or obligations of one Party upon the other unless it be formalised in accordance with clause 14 of this prenuptial Agreement.