Examlex
A beneficiary designation enables the shareholder to name one or more beneficiaries so that at the shareholder's death the proceeds go to the beneficiaries after going through probate.
Contractual Obligations
are responsibilities or duties that are legally binding and arise from agreements or contracts entered into by parties.
Implied Condition
A condition that is not specifically and explicitly stated but is inferred from the nature and language of the contract.
Completion
The finalization or conclusion of a project, contract, or process, marking the end of work and the beginning of the operational period.
Bedroom
A room within a dwelling intended for sleeping or resting, typically containing a bed and storage furniture.
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