Remainder Beneficiaries Sample Clauses

Remainder Beneficiaries. If money is left in the sub-account when the Beneficiary passes away,
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Remainder Beneficiaries. If there are funds remaining in the Subaccount after satisfaction of the payments as directed, the individuals or entities, as identified on the attached Schedule B, will receive the remaining funds.
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Remainder Beneficiaries. The Contributor hereby names the following persons and entities as Remainder Beneficiaries (shown as RB below) in the following shares, percentages, or sums or amounts of money:
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Remainder Beneficiaries. The Contributor hereby names the following persons and or entities as Remainder Beneficiaries (shown as RB below) in the following shares, percentages, or sums or amounts of money: RB1 Name & Share: If RB1 does not survive, then Share either lapses and is distributed among the surviving‌ RB’s or is distributed as follows: RB2 Name & Share: If RB2 does not survive, then Share either lapses and is distributed among the surviving‌ RB’s or is distributed as follows: - RB3 Name & Share: If RB3 does not survive, then Share either lapses and is distributed among the surviving‌ RB’s or is distributed as follows: RB4 Name & Share: ‌‌ If RB4 does not survive, then Share either lapses and is distributed among the surviving RB’s or is distributed as follows: RB5 Name & Share: If RB5 does not survive, then Share either lapses and is distributed among the surviving‌‌‌ RB’s or is distributed as follows: RB6 Name & Share: ‌‌ If RB6 does not survive, then Share either lapses and is distributed among the surviving RB’s or is distributed as follows:
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Remainder Beneficiaries. Funds remaining in the Subaccount after payment of expenses will be paid to the following individuals or entities: (Participant must select at least one option):
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Remainder Beneficiaries. If money is left in the sub-account when the Beneficiary passes away, after the provisions of Section 8.03 are met, I want the money to be distributed as follows:
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Remainder Beneficiaries. Any remaining funds that are not distributed to Life Services, as set forth above, shall be distributed to the following Remainder Beneficiaries: ACT for Life Services: Advocacy, Comprehensive Planning, and Trust Services for Individuals with Disabilities Page 1 Name 1: Address: Telephone: Relationship to Sponsor: Social Security Number for Remainder Beneficiary: EIN for Remainder Beneficiary (if Non-Profit): Date of Birth for Remainder Beneficiary: Share of the remainder (amount or percentage): Name 2: Address: Telephone: Relationship to Sponsor: Social Security Number for Remainder Beneficiary: EIN for Remainder Beneficiary (if Non-Profit): Date of Birth for Remainder Beneficiary: Share of the remainder (amount or percentage):
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Remainder Beneficiaries. Distribution of Non-Retirement Accounts: (1) In accordance with section 3.4.3 of the Master Discretionary Trust, after payment of all expenses authorized by the Master Discretionary Trust Agreement, the Trustee shall distribute any principal and accumulated income remaining at the death of the Beneficiary as follows: (2) If, at the time for final distribution of any Trust Account, none of the above persons or organizations to whom the principal and any undistributed net income of such trust are directed to be distributed shall be living or in existence, the Trustee shall, in lieu of such distribution, pay over and distribute the same to the legal heirs of the Beneficiary, in the shares and proportions in which the Beneficiary's personal representative would have been required to distribute the same had such Beneficiary died intestate, a resident of the State of Maryland. (*Note – Payment to beneficiaries estate could result in funds escheating to the state if no claimant is readily apparent to PLAN of Maryland-D.C., Inc.) Settlor’s Initials (3) If there are no legal heirs of the Beneficiary living or in existence, the Trustee shall pay over and distribute the same to (Not for Profit Organization) (4) If the not for profit organization listed above is no longer in existence, or declines acceptance of the principal and undistributed net income, then the Trustee shall pay over and distribute the same to PLAN of Maryland-DC, Inc.
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Remainder Beneficiaries. Any remaining funds that are not distributed to Life Services, as set forth above, shall be distributed to the following Remainder Beneficiaries: Name 1: Address: Telephone: Relationship to Sponsor: Social Security Number for Remainder Beneficiary: EIN for Remainder Beneficiary (if Non-Profit): Date of Birth for Remainder Beneficiary: Share of the remainder (amount or percentage): Name 2: Address: Telephone: Relationship to Sponsor: Social Security Number for Remainder Beneficiary: EIN for Remainder Beneficiary (if Non-Profit): Date of Birth for Remainder Beneficiary: Share of the remainder (amount or percentage): Sponsor (jointly if both alive, otherwise singly), with the consent and approval of Life Services have the ability to modify, add or eliminate Remainder Beneficiaries as identified in this section (as long as there is no reduction in the Required Minimum Distribution Amount as set forth above in 3. a.).
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Related to Remainder Beneficiaries

  • 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.

  • How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries The RMD rules provide for the determination of your designated beneficiary or beneficiaries as of September 30 of the year following your death. Consequently, any beneficiary may be eliminated for purposes of calculating the RMD by the distribution of that beneficiary’s benefit, through a valid disclaimer between your death and the end of September following the year of your death, or by dividing your IRA account into separate accounts for each of several designated beneficiaries you may have designated.

  • No Other Beneficiaries This Agreement is intended for the sole and exclusive benefit of the parties hereto and their respective successors and controlling persons, and no other person, firm or corporation shall have any third-party beneficiary or other rights hereunder.

  • Beneficiaries The Executive may designate one or more persons or entities as the primary and/or contingent Beneficiaries of any Severance Benefits owing to the Executive under this Agreement. Such designation must be in the form of a signed writing acceptable to the Committee. The Executive may make or change such designations at any time.

  • 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.

  • Party Beneficiaries This Agreement is for the sole benefit of the parties hereto and their respective successors and permitted assigns, and nothing herein is to be construed to give any person or entity, other than the parties hereto and their respective successors and permitted assigns, any legal or equitable rights hereunder.

  • Payments to Plan Participants and Their Beneficiaries (a) Company shall deliver to Trustee a schedule (the "Payment Schedule") that indicates the amounts payable in respect of each Plan participant (and his or her beneficiaries), that provides a formula or other instructions acceptable to Trustee for determining the amounts so payable, the form in which such amount is to be paid (as provided for or available under the Plan), and the time of commencement for payment of such amounts. Except as otherwise provided herein, Trustee shall make payments to the Plan participants and their beneficiaries in accordance with such Payment Schedule. The Trustee shall make provision for the reporting and withholding of any federal, state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by Company. (b) The entitlement of a Plan participant or his or her beneficiaries to benefits under the Plan shall be determined by Company or such party as it shall designate under the Plan, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Plan. (c) Company may make payment of benefits directly to Plan participants or their beneficiaries as they become due under the terms of the Plan. Company shall notify Trustee of its decision to make payment of benefits directly prior to the time amounts are payable to participants or their beneficiaries. In addition, if the principal of the Trust, and any earnings thereon, are not sufficient to make payments of benefits in accordance with the terms of the Plan, Company shall make the balance of each such payment as it falls due. Trustee shall notify Company where principal and earnings are not sufficient.

  • Benefit of the Agreement; Third-Party Beneficiaries This Agreement is for the benefit of and will be binding on the parties to this Agreement and their permitted successors and assigns. The Owner Trustee, the Trust Collateral Agent and the Trustee (both in its individual capacity and in its capacity as Trustee for the benefit of the Noteholders), will be third-party beneficiaries of this Agreement entitled to enforce this Agreement against the Asset Representations Reviewer and the Servicer. No other Person will have any right or obligation under this Agreement.

  • Successors, Assigns, and Beneficiaries A. Owner and Engineer are hereby bound and the successors, executors, administrators, and legal representatives of Owner and Engineer (and to the extent permitted by Paragraph 4.01.B the assigns of Owner and Engineer) are hereby bound to the other party to this Agreement and to the successors, executors, administrators, and legal representatives (and said assigns) of such other party, in respect of all covenants, agreements, and obligations of this Agreement. B. Neither Owner nor Engineer may assign, sublet, or transfer any rights under or interest (including, but without limitation, moneys that are due or may become due) in this Agreement without the written consent of the other, except to the extent that any assignment, subletting, or transfer is mandated or restricted by law. Unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under this Agreement. C. Unless expressly provided otherwise, nothing in this Agreement shall be construed to create, impose, or give rise to any duty owed by Owner or Engineer to any contractor, subcontractor, supplier, other individual or entity, or to any surety for or employee of any of them. All duties and responsibilities undertaken pursuant to this Agreement will be for the sole and exclusive benefit of Owner and Engineer and not for the benefit of any other party.

  • Third Party Beneficiaries This Agreement is intended for the benefit of the parties hereto and their respective permitted successors and assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other person.

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