Additional Beneficiary definition

Additional Beneficiary means any Subsidiary of the Company which is a party to an Undertaking pursuant to the terms of this Guarantee.
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Additional Beneficiary means each Investor Beneficiary other than the Initial Investor Beneficiary who acquires a beneficial entitlement in the Receivables Trust pursuant to an Acquisition;
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Additional Beneficiary means any person which becomes a Beneficiary pursuant to the provisions of clause 3 (Additional Beneficiaries); Additional Liabilities means all monies, liabilities and obligations whatsoever (present or future, actual or contingent) now or hereafter due, owing, or incurred by the Chargor in any manner whatsoever (whether as principal or surety or incurred solely or jointly) to any Additional Beneficiary under any Relevant Document; Affected Beneficiary means, at any time:
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Examples of Additional Beneficiary in a sentence

  • In order to secure the payment of such fees if and when payable, the Owner, by accepting a Tuition Certificate, grants, pledges and assigns to MEFA a security interest in the funds deposited to the Distribution Account, and irrevocably authorizes MEFA to withdraw or cause to be withdrawn from the Distribution Account when due under the terms of this Enrollment Agreement an amount equal to the Stabilization Fee and any applicable Change of Beneficiary Fee, Additional Beneficiary Fee or Post Maturity Fee.

  • All shares will be divided equally unless otherwise noted in the space provided.A joint owner will be the sole Primary Beneficiary, notwithstanding any designation made below.List additional beneficiaries on the Additional Beneficiary Designation Form.

  • MEFA will charge the Owner, and the Owner by accepting a Tuition Certificate agrees to pay, the fees described in the Contract when and if due, including but not limited to the semi-annual administrative fee described in Section VII of the EnrollmentAgreement and the Stabilization Fee, and, if assessed, any applicable Transfer Fee, Change of Beneficiary Fee, Additional Beneficiary Fee or Post Maturity Fee.

  • If more than one named beneficiary, please use the Additional Beneficiary form.

  • Any designation by the Owner of a Secondary Qualifying Beneficiary shall be subject to the Owner’s payment of an Additional Beneficiary Fee.

  • Each time the Remitter remits funds to a new beneficiary in the Philippines, he/she shall sign the Additional Beneficiary Form certifying the correctness of all information contained therein including the relation to the beneficiary and purpose of remittance.

  • The Beneficiary may terminate their Additional Beneficiary Agreement at any time by providing thirty (30) days’ notice in writing.

  • Yes No Relationship to Annuitant: Complete Legal Name: Residential Address: (Cannot be a P.O. Box) Street Address City State Zip Code CountrySSN/TIN: Date of Birth: Telephone: Citizenship: U.S. Citizen/Entity Non-U.S. Citizen/Entity-Country: Resident Alien Non-Resident Alien Check if there are more Beneficiaries and complete the Additional Beneficiary Form and return with the application.

  • In the event that the Beneficiary fails to pay the outstanding invoice following the notice period, Escrow London shall have the right to immediately terminate the Additional Beneficiary Agreement of that Beneficiary by giving notice in writing.

  • Complete Additional Beneficiary Page if additional space is needed.


More Definitions of Additional Beneficiary

Additional Beneficiary means any person which becomes a Beneficiary pursuant to Clause 2 (Relevant Liabilities);
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Additional Beneficiary means entity (other than a Borrower or a New Beneficiary) which is a finance party or provider of hedging arrangements in respect of an Additional Funding Agreement and accedes to this Deed in its capacity as a beneficiary in accordance with Clause 12.2 (New Parties) in relation to such Additional Funding Agreement;
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Additional Beneficiary means each Investor Beneficiary (other than the Initial Investor Beneficiary) which acquires a beneficial entitlement in the Receivables Trust pursuant to a Contribution.
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Additional Beneficiary is defined in Section 11(j)." ----------------------
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Related to Additional Beneficiary

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • additional spouse means a spouse by the party to the marriage who is additional to the party to the marriage;

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • land reform beneficiary , in relation to a property, means a person who -

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • Termination Benefit means the benefit set forth in Article 7.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Special benefit means a particular and distinct benefit over and above general benefits conferred on real property located in the district or to the public at large. General enhancement of property value does not constitute “special benefit.”

  • Eligible Spouse means a spouse of an Eligible Retiree who satisfies the requirements for eligibility described in the Eligibility section of this document, or an ex-spouse who is an Eligible Spouse with rights to coverage as an Eligible Spouse pursuant to a court order recognized by SHARP. A Spouse must be married to retiree at least one year prior to the effective date of retirement. A Spouse married after the retiree’s effective retirement date is considered a non-eligible spouse for purposes of the Plan. [See “Spouse”]

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.