Payment to Beneficiaries. If the Executive dies after the occurrence of a Qualifying Termination, but prior to the payment of all of the severance payments required by this Article, then all remaining severance payments will be paid and benefits provided to the Executive’s estate.
Payment to Beneficiaries. If the Executive dies after the occurrence of a Qualifying Termination, but prior to the payment of all of the severance payments required by this Article, then all remaining severance payments will be paid to the beneficiary designated in writing by the Executive at the same time, and in the same amount, as would have been payable to the Executive. The designation of a beneficiary for purposes of this Article 3 will be revocable during the lifetime of the Executive. If the Executive does not designate a beneficiary under this Agreement, the beneficiary will be deemed to be the same person that the Executive designated with respect to the Executive’s group life insurance program maintained by the Bank or its Affiliates.
Payment to Beneficiaries. In the event a Participant dies before all of his Retirement Benefit is paid, the unpaid Retirement Benefit will be paid to the individuals and/or entities designated by a Participant to be his beneficiaries under this Plan. In the absence of any living designated beneficiary, the unpaid Retirement Benefit will be paid to the then living spouse of the Participant, if any. If the Participant does not have a then living spouse, and also in the event of a surviving spouse's death before all of the Retirement Benefit is paid, then the unpaid Retirement Benefit will be paid (i) to the living children of the deceased Participant, if any, in equal shares, and (ii) if none, or after their death, to the estate of the deceased Participant. The beneficiary designation under this Section 4.3 shall be effective only upon receipt by the Plan Administrative Committee of a properly executed form that the Plan Administrative Committee has approved for that purpose. The Participant may from time to time revoke or change any designation of beneficiary by filing another approved beneficiary designation form with the Plan Administrative Committee.
Payment to Beneficiaries. If a Participant elected to have the Participant’s Account be paid in the form of annual installments and the Participant dies prior to receiving all such annual installments, the Beneficiary of the deceased Participant shall receive such remaining payments as a lump-sum.
Payment to Beneficiaries. 8.3.1 Upon receipt of all or any of the Amount Demanded pursuant to Clause 8.2 (Demand on SIT Facility Banks), the Issuing Bank shall pay the relevant amount to each Beneficiary in accordance with the terms of the relevant SIT Facility Guarantee or LC.
Payment to Beneficiaries. 1. Except where otherwise explicitly provided for in Union law, Member States shall ensure that payments relating to the financing provided for in this Regulation shall be disbursed in full to the beneficiaries.
Payment to Beneficiaries. 6.1. Following receipt by VFX of the full Sell Currency under a contract, the Buy Currency will be funded into the Client’s VFX Account and will remain electronic money until such time the Client instructs VFX to make a payment.
Payment to Beneficiaries. The Government or Agency shall effect payments to the beneficiaries of the Sub-Project governed by the Agreement only when the Sub-Project Description and the Budget annexed thereto provide for such payments to be made. If a beneficiary is a regular recipient of payments under the terms of this Agreement, the UNHCR Beneficiary Card (UNHCR 109/Rev.1), or its equivalent, should be used to record all such payments to each beneficiary.
