DEBTORS 13.1 The Buyer shall use all reasonable effort to collect the debts on â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� , â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� 13.2 If it becomes apparent to the Buyer that recovery of any of the book debts is not likely to be possible within â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� , â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� , â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� . 13.3 Where a debtor who has so failed to pay, â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� , â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� 13.4 Unless the debtor shows a contrary intention when making payment, â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� , â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� , â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� 13.5 The Seller may inspect the books of the Buyer for â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� [ 12 â–� â–� â–� â–� ] â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–� â–�
Unsecured General Creditor The Company shall neither reserve nor specifically set aside funds for the payment of its obligations under this Agreement, and such obligations shall be paid solely from the general assets of the Company.
Claims of Creditors The Contract Value and other benefits under this Contract are exempt from the claims of creditors to the extent permitted by law.
Rights of Creditors (a) This Agreement is unfunded. Neither the Director nor any other persons shall have any interest in any specific asset or assets of the Funds by reason of any Deferral Accounts hereunder, nor any rights to receive distribution of his Deferral Accounts except and as to the extent expressly provided hereunder. The Funds shall not be required to purchase, hold or dispose of any investments pursuant to this Agreement; however, if in order to cover their obligations hereunder the Funds elect to purchase any investments the same shall continue for all purposes to be a part of the general assets and property of the Funds, subject to the claims of their general creditors and no person other than the Funds shall by virtue of the provisions of this Agreement have any interest in such assets other than an interest as a general creditor. (b) The rights of the Director and the Beneficiaries to the amounts held in the Deferral Accounts are unsecured and shall be subject to the creditors of the Funds. With respect to the payment of amounts held under the Deferral Accounts, the Director and his Beneficiaries have the status of unsecured creditors of the Funds. This Agreement is executed on behalf of the Funds by an officer, or other representative, of the Funds as such and not individually. Any obligation of the Funds hereunder shall be an unsecured obligation of the Funds and not of any other person.
Creditors None of the provisions of this Agreement shall be for the benefit of, or shall be enforceable by, any creditor of the Partnership.