Register of Beneficiaries Sample Clauses

Register of Beneficiaries. The register of beneficiaries is correct and up to date and contains all details required by the Trust Deed.
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Register of Beneficiaries. The Liquidating Trustee shall maintain at all times a register of the names, distribution addresses, amounts of Allowed Claims, and the ratable interests in the Liquidating Trust of the Beneficiaries (the “Register”). The initial Register shall be delivered, or caused to be delivered, to the Liquidating Trustee by the Liquidating Debtors and shall be based on the list of Holders of Claims against the Liquidating Debtors maintained by Prime Clerk LLC (“Prime Clerk”) as of the Effective Date. The Liquidating Trustee may retain Prime Clerk (or another claims agent) to update and maintain such list throughout the administration of the Liquidating Trust Assets and the Claims required to be administered by the Liquidating Trustee, and such list may serve as the Register. For the avoidance of doubt, the Liquidating Trustee shall enter into a new engagement letter with Prime Clerk or such other claims agent as it may determine and shall be responsible for all fees incurred in connection with Prime Clerk’s performance of services on behalf of the Liquidating Trust. All references in this Liquidating Trust Agreement to holders of beneficial interests in the Liquidating Trust shall be read to mean holders of record as set forth in the Register maintained by the Liquidating Trustee and shall exclude any beneficial owner not recorded on such Register. The Liquidating Trustee shall cause the Register to be kept at its office or at such other place or places as may be designated by the Liquidating Trustee from time to time.
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Register of Beneficiaries. The Company shall provide the Trustee with a register (the “Register”) of the number of Loyalty Shares expected to be transferred to each Beneficiary and the names, addresses of such Beneficiaries as of the close of business on the Initial Transfer Date. Thereafter, the Register will be maintained by the Trustee, and changes thereto will be made upon written notice by the Company submitted to the Trustee. The Trustee shall not be liable for relying on the accuracy of the Register, provided that the Trustee has properly maintained the Register in accordance with this Agreement.
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Register of Beneficiaries. The Debtors shall provide the Liquidating Trustee with a register of the names, addresses and amounts of Allowed Claims of the Beneficiaries (the “Register”) as of the close of business on the Effective Date. Thereafter, the Register will be maintained by the Liquidating Trustee, and changes thereto will be made upon notification proper under this Liquidating Trust Agreement submitted to the Liquidating Trustee. The Liquidating Trustee shall not be liable for relying on the accuracy of the Register, provided that she has properly maintained the Register in accordance with this Liquidating Trust Agreement.
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Register of Beneficiaries. The Liquidating Trust shall maintain at all times a register of the names, mailing addresses, amounts of Allowed Claims, and the Pro Rata interests in the Liquidating Trust of the Beneficiaries (the “Register”). The Register shall be limited to those Beneficiaries who are determined by the TrusteeLiquidating Trust Board as of the Effective Date of the Plan to be entitled to at least a Minimum Distribution (as provided in Section 6.6 herein below) in the event that the total amount of the General Unsecured Claims is less than or equal to $[500,000,000] (each a “Minimum Distributee”). The TrusteeLiquidating Trust Board shall cause the Register to be kept at its office or at such other place or places as may be designated by the TrusteeLiquidating Trust Board from time to time. The initial Register shall be delivered to the TrusteeLiquidating Trust Board by the Debtors and shall be based on the list of holders of Claims maintained by Omni Management Group as of the Effective Date of the Plan and prepared in accordance with the provisions of the Plan and the Confirmation Order. All references in this Liquidating Trust Agreement to holders of beneficial interests in the Liquidating Trust shall be read to mean holders of record as set forth in the Register maintained by the TrusteeLiquidating Trust Board and shall exclude any beneficial owner not recorded on such Register.
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Register of Beneficiaries. The Litigation Trust shall maintain at all times a register of the names, mailing addresses, taxpayer identification numbers, amounts of Allowed Claims, and the Pro Rata interests in the Litigation Trust of the Beneficiaries (the “Register”). The Trustee shall cause the Register to be kept at its office or at such other place or places as may be designated by the Trustee from time to time.
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Register of Beneficiaries. Attached hereto as Exhibit B is the register of Beneficiaries and the associated Beneficial Interest of each Beneficiary (the “Beneficiary Register”). The Trustee shall maintain the Beneficiary Register, and any informational changes to the Beneficiary Register will be made upon proper notification, as provided under section 10.10 herein to the Trustee. The Trustee shall not be liable for relying on the accuracy of the Beneficiary Register, provided that she has properly maintained the Beneficiary Register in accordance with this Trust Agreement.
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Register of Beneficiaries. The Liquidation Trustee shall maintain at all times a register 365 of the names, distribution addresses, amounts of Allowed Claims, and the ratable interests in the 366 Liquidation Trust of the Beneficiaries (the “Register”). The initial Register shall be delivered to 367 the Liquidation Trustee by the Debtor and shall be based on the list of holders of Claims 368 maintained by the Debtor as of the Effective Date and prepared in accordance with the provisions 369 of the Plan and the Confirmation Order. All references in this Agreement to holders of beneficial 370 interests in the Liquidation Trust shall be read to mean holders of record as set forth in the Register 371 maintained by the Liquidation Trustee and shall exclude any beneficial owner not recorded on 372 such Register. The Liquidation Trustee shall cause the Register to be kept at its office or at such 373 other place or places as may be designated by the Liquidation Trustee from time to time.
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Register of Beneficiaries. The Debtor must provide the Creditor Trustee with a register of the names, addresses, and amounts it owes to the creditors who are or may be potential Beneficiaries (the “Register”) within three business days of the Final Dismissal Date. Thereafter, the Creditor Trustee must maintain the Register. Any Beneficiary requesting a change to the Register must notify the Creditor Trustee in accordance with § 11.9. The Creditor Trustee is not liable for relying on the accuracy of the Register if he has properly maintained the Register in accordance with this Agreement.
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Related to Register of Beneficiaries

  • Designation of Beneficiaries The Executive may designate any person to receive any benefits payable under the Agreement upon the Executive’s death, and the designation may be changed from time to time by the Executive by filing a new designation. Each designation will revoke all prior designations by the Executive, shall be in the form prescribed by the Administrator and shall be effective only when filed in writing with the Administrator during the Executive’s lifetime. If the Executive names someone other than the Executive’s spouse as a Beneficiary, the Administrator may, in its sole discretion, determine that spousal consent is required to be provided in a form designated by the Administrator, executed by the Executive’s spouse and returned to the Administrator. The Executive’s beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved.

  • Rights of Beneficiaries Each Beneficiary shall be entitled to participate in the rights and benefits due to a Beneficiary hereunder according to his Beneficial Interest. Each Beneficiary shall take and hold the same subject to all the terms and provisions of this Agreement. The interest of the Beneficiary hereby is declared and shall be in all respects personal property and upon the death of an individual Beneficiary, his Beneficial Interest shall pass as personal property to his legal representative and such death shall in no way terminate or affect the validity of this Agreement, provided that the Trustee shall not be required to evidence a book entry transfer of a deceased Beneficiary’s Beneficial Interest to his legal representative until the Trustee shall have received Letters Testamentary or Letters of Administration and written notice of the death of the deceased Beneficiary. A Beneficiary shall have no title to, right to, possession of, management of, or control of, the Trust Assets except as herein expressly provided. No widower, widow, heir, or devisee of any person who may be a Beneficiary shall have any right of dower, homestead, or inheritance, or of partition, or of any other right, statutory or otherwise, in any property forming a part of Trust Assets but the whole title to the Trust Assets shall be vested in the Trustee and the sole interest of the applicable Beneficiaries shall be the rights and benefits given to such Persons under this Agreement.

  • Designation of Beneficiary The depositor may designate a beneficiary or beneficiaries to receive benefits from the custodial account in the event of the depositor’s death. In the event the depositor has not designated a beneficiary, or if all beneficiaries shall predecease the depositor, the following persons shall take in the order named:

  • Designation of Charitable Beneficiaries By written notice to the Trustee, the Company shall designate one or more nonprofit organizations to be the Charitable Beneficiary of the interest in the Trust such that the Shares held in the Trust would not violate the restrictions set forth in Section 13.2(a) in the hands of such Charitable Beneficiary. Neither the failure of the Company to make such designation nor the failure of the Company to appoint the Trustee before its automatic transfer provided for in Section 13.2(b) shall make such transfer ineffective; provided that the Company thereafter makes such designation and appointment. The designation of a nonprofit organization as a Charitable Beneficiary shall not entitle such nonprofit organization to serve in such capacity and the Company may, in its sole discretion, designate a different nonprofit organization as the Charitable Beneficiary at any time and for any or no reason. Any determination by the Company with respect to the application of this Article XIII shall be binding on each Charitable Beneficiary.

  • DEATH OF BENEFICIARY Unless otherwise provided in the Beneficiary designation, if any Beneficiary dies before the Owner, that Beneficiary's interest will go to any other primary Beneficiaries named, according to their respective interests. If there are no primary Beneficiaries, the Beneficiaries' interest will pass to a contingent Beneficiary, if any. Prior to the Annuity Commencement Date, if no Beneficiary or contingent Beneficiary survives the Owner, the Death Benefits will be paid to the Owner's estate. Unless otherwise provided in the Beneficiary designation, once a Beneficiary is receiving Death Benefits or annuity payments under an Annuity Payment Option, the Beneficiary may name his or her own Beneficiary to receive any remaining benefits due under the Contract, should the original Beneficiary die prior to receipt of all benefits. If no Beneficiary is named or the named Beneficiary predeceases the original Beneficiary, any remaining benefits will continue to the original Beneficiary's estate. A Beneficiary designation must be made by Notice to LNY.

  • Beneficiaries The Executive may designate one or more persons or entities as the primary and/or contingent beneficiaries of any amounts to be received under this Agreement. Such designation must be in the form of a signed writing acceptable to the Board or the Board's designee. The Executive may make or change such designation at any time.

  • Notice of Change of Beneficiary Immediately prior to any transfer of Stock to a Management Stockholder’s Trust, the Management Stockholder shall provide the Company with a copy of the instruments creating the Management Stockholder’s Trust and with the identity of the beneficiaries of the Management Stockholder’s Trust. The Management Stockholder shall notify the Company as soon as practicable prior to any change in the identity of any beneficiary of the Management Stockholder’s Trust.

  • CHANGE OF BENEFICIARY 18.1 The policyholder has the authority to appoint another beneficiary during the life of the insured person.. However, if the beneficiary has declared, with the written consent of the policyholder, that he accepts the benefit of the contract, the policyholder can exercise his rights under the contract only with the cooperation of the beneficiary, who has so accepted. The change will take effect from the moment that the insurer has noted this on the policy.

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.

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