Beneficiary Contract definition

Beneficiary Contract means any contract referred to as such in paragraph 4 (f), 5 (f) or 6 (e) of Schedule 1 to the Project Agreement;
Beneficiary Contract means a contract between the Recipient and a Beneficiary, and referred to in paragraph 6 (f) of Schedule 4 to this Agreement;

Examples of Beneficiary Contract in a sentence

  • Change in Beneficiary Contract holders can change the beneficiary as long as the new beneficiary is an eligible member of the family of the current beneficiary.

  • For the purposes of this Endorsement, the following terms shall be as defined or referred to in the Annuity Contract to which this Endorsement is attached: Annuitant, Annuity Date, Issue Date, Beneficiary, Contract.

  • Five water users, including Respondents, objected to the rate increase and requested arbitration under Section 7 of the Beneficiary Contract.

  • The five parallel lines define orbits of the form (α, β, γt) ∈ (C∗)3, t ∈ C∗.

  • An Assignment: Assignor, Assignee & Obligor A Delegation: Delegator, Delegatee & ObligeeThird Party Beneficiary Contract: Promisor, Promisee, Third Party Beneficiary, Intended Beneficiary, Creditor Beneficiary, Donee Beneficiary, Mixed Beneficiary & An Incidental Beneficiary Points Of Importance Remember that a third party will realize no greater contract rights or burdens that those bargained for by the original parties to the contract.

  • The amended complaint alleges the following eight counts against Royal Caribbean: Failure to Provide a Reasonably Safe Means of Boarding and/or Leaving the Vessel (Count I); Failure to Provide a Reasonably Safe Excursion (Count II); Negligent Selection Hiring and Retention (Count III); Negligent Failure to Warn (Count IV); Negligent Training (Count V); Negligent Supervision(Count VI); Negligent Operation (Count VII); and Breach of Third-Party Beneficiary Contract (Count XII).

  • Exercise 13-1: Chapter Problem 635Overview of Chapter 13 640Contract Law Graphic Organizer 640Exercise 13-2: Preliminary Questions 640Introduction to Third-Party Beneficiary Contracts and Terminology 640Exercise 13-3: Third-Party Beneficiary Contract versus Assignmentand Delegation versus Novation 643Creation of Third-Party Beneficiaries 644Intended Third-Party Beneficiaries 644Exercise 13-4: Lawrence v.

  • The Beneficiary Contract was for the benefit of present and future owners of lots in the Estate served by the Queen Ann water system and their mortgage holders.

  • The successful Bidder shall not be entitled to make any claim, whatsoever, against the Corporation, under or by virtue of or arising out of, the Contract, nor shall the Corporation entertain or consider any such claim, if made by the successful Bidder after he has signed a "No Claim Certificate" in favour of the Corporation in such forms as shall be required by the Corporation after the delivery/ performance of service(s) are finally accepted.

  • Failure to report the withdrawal of consent or cancellation of any Beneficiary Contract for which a voucher has been issued within this timescaleIssued may be regarded as a breach of these Terms and Conditions and result in the initiation of the Issue Escalation Procedure.

Related to Beneficiary Contract

  • 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.

  • 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 designation means the naming in a governing instrument of a beneficiary of an insurance or annuity policy, of an account with POD designation, of a security registered in beneficiary form (TOD), of a pension, profit-sharing, retirement, or similar benefit plan, or of another nonprobate transfer at death.

  • Beneficiary Designation Form means the form established from time to time by the Plan Administrator that the Executive completes, signs and returns to the Plan Administrator to designate one or more Beneficiaries.

  • Beneficiary(ies means the individual or individuals designated in the Application by the Subscriber(s) to whom, or on whose behalf, Educational Assistance Payments are agreed to be paid, provided such individual qualifies under the Applicable Legislation and the Plan at the time such payments are made;

  • 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.

  • 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.

  • Plan Agreement means a written agreement, as may be amended from time to time, which is entered into by and between an Employer and a Participant. Each Plan Agreement executed by a Participant and the Participant’s Employer shall provide for the entire benefit to which such Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan Agreement bearing the latest date of acceptance by the Employer shall supersede all previous Plan Agreements in their entirety and shall govern such entitlement. The terms of any Plan Agreement may be different for any Participant, and any Plan Agreement may provide additional benefits not set forth in the Plan or limit the benefits otherwise provided under the Plan; provided, however, that any such additional benefits or benefit limitations must be agreed to by both the Employer and the Participant.

  • 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.

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

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

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

  • Monetary Contribution means that part of the Public Benefits described as “Monetary Contribution” in clause 1 of Schedule 3 to be paid by the Developer to the City in accordance with this document. Occupation Certificate has the same meaning as in the Act.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Eligible Ground Lease means a ground lease that (a) has a minimum remaining term of twenty-five (25) years, including tenant controlled options, as of any date of determination, (b) has customary notice rights, default cure rights, bankruptcy new lease rights and other customary provisions for the benefit of a leasehold mortgagee or has equivalent protection for a leasehold permanent mortgagee by a subordination to such leasehold permanent mortgagee of the landlord’s fee interest, and (c) is otherwise acceptable for non-recourse leasehold mortgage financing under customary prudent lending requirements. The Eligible Ground Leases as of the date of this Credit Agreement are listed on Schedule EG.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Company Contract means any Contract: (a) to which the Company or any of its Subsidiaries is a Party; (b) by which the Company or any of its Subsidiaries or any Company IP or any other asset of the Company or its Subsidiaries is or may become bound or under which the Company or any of its Subsidiaries has, or may become subject to, any obligation; or (c) under which the Company or any of its Subsidiaries has or may acquire any right or interest.

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

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

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Salary Reduction Agreement means an agreement between a dis- trict and an employee to reduce the employee’s salary for the pur- pose of making direct contributions to or purchases of a qualified investment product. Art. 6228a-5, Sec. 4(5), Tex. Rev. Civ. Stat.