Common use of Without prejudice to paragraph 1 Clause in Contracts

Without prejudice to paragraph 1. 3.1, a Protected Policyholder to whom a payment is made pursuant to paragraph 1.1 shall do such acts and things and execute such deeds and documents, and in particular such forms of assignment, transfer or assurance, as the FSCS may from time to time request to vest in it fully and effectively all rights and claims of that Protected Policyholder against or in respect of the relevant English Authorised Scheme Company or other persons or Section 562A(4) of the Corporations Act under or in respect of the Protected Liability to which such payment relates, or to perfect or evidence the vesting in it of the same. Each Protected Policyholder hereby irrevocably and unconditionally appoints the chairman of the FSCS for the time being to be his attorney and agent and on his behalf and in his name or otherwise to do such acts and things and execute such deeds and documents as may be required to give effect to this paragraph 1.3.3, if such Protected Policyholder fails to comply promptly with his obligations hereunder. Without prejudice to paragraph 1.3.1, if and to the extent that any interest in any such right or claim of a Protected Policyholder as falls to be assigned to the FSCS under that paragraph upon any payment being made does not for any reason immediately vest fully and effectively in the FSCS, the same shall be held by the Protected Policyholder on trust absolutely for the FSCS until it does so vest (whether pursuant to that paragraph or the preceding provisions of this paragraph or otherwise); and until then

Without prejudice to paragraph 1. 3.1, a Protected Policyholder to whom a payment is made pursuant to paragraph 1.1 shall do such acts and things and execute such deeds and documents, and in particular such forms of assignment, transfer or assurance, assurance as the FSCS may from time to time request to vest in it fully and effectively all rights and claims of that Protected Policyholder against or in respect of the relevant English Authorised Scheme Company or other persons or Section section 562A(4) of the Corporations Act under or in respect of the Protected Liability to which such payment relates, or to perfect or evidence the vesting in it of the same. Each Protected Policyholder hereby irrevocably and unconditionally appoints the chairman of the FSCS for the time being to be his attorney and agent and on his behalf and in his name or otherwise to do such acts and things and execute such deeds and documents as may be required to give effect to this paragraph 1.3.3, if such Protected Policyholder fails to comply promptly with his obligations hereunder. Without prejudice to paragraph 1.3.1, if and to the extent that any interest in any such right or claim of a Protected Policyholder as falls to be assigned to the FSCS under that paragraph upon any payment being made does not for any reason immediately vest fully and effectively in the FSCS, the same shall be held by the Protected Policyholder on trust absolutely for the FSCS until it does so vest (whether pursuant to that paragraph or the preceding provisions of this paragraph or otherwise); and until thenthen references in paragraph 1.