Beneficiary Group definition

Beneficiary Group means each Current Adult Beneficiary and his/her lineal descendants and current spouse, if relevant.
Beneficiary Group as used herein, shall mean (1) Beneficiary (including, without limitation, any participant in the Loan and any of their respective successors or assigns, whether by sale, a secondary market transaction, or otherwise), (2) any entity controlling, controlled by or under common control with Beneficiary, (3) the directors, officers, employees and agents of Beneficiary and such other entities, and (4) the successors, heirs and assigns of the entities and persons described in foregoing clauses (1) through (3). Trustor shall pay immediately upon Beneficiary’s demand any amounts owing under this indemnity together with interest from the date the indebtedness arises until paid at the rate of interest applicable to the principal balance of the Note as specified therein. Trustor agrees to use legal counsel reasonably acceptable to the Beneficiary Group in any action or proceeding arising under this indemnity. THE PROVISIONS OF THIS SECTION SHALL SURVIVE THE SATISFACTION AND RELEASE OF THIS DEED OF TRUST, BUT TRUSTOR’S LIABILITY UNDER THIS INDEMNITY SHALL BE SUBJECT TO THE PROVISIONS OF THE SECTION IN THE NOTE ENTITLED “BORROWER’S LIABILITY.”
Beneficiary Group means each of the individuals listed on Annex A attached hereto and members of his/her Immediate Family and trusts for the benefit of such individual and/or members of his/her Immediate Family.

Examples of Beneficiary Group in a sentence

  • Trustor agrees to use legal counsel reasonably acceptable to Trustee and the Beneficiary Group in any action or proceeding arising under this indemnity.

  • Any Government Grants received will be repaid to the government, and the Income earned on Contributions will remain in the EAP Account for your Beneficiary Group.

  • Loading on flex-gear along the contact zone due to insertion of SWG cam.

  • Issuer: Insured:Agent’s name: Phone:Insurance type*: Policy number:Face value: $Cash surrender value: $Death benefit:Contract location: Beneficiary: Group coverage 1.

  • For the Group Option Plan (a group plan), an EAP consists of Government Grants, Income on Government Grants and your Beneficiary’s share of the EAP Account for their Beneficiary Group.


More Definitions of Beneficiary Group

Beneficiary Group means a group of individuals who meet the eligibility criteria set forth in the PIM (as hereinafter defined) and organize themselves into a legally recognized entity for purposes of the purchase of Eligible Land (as hereinafter defined) under Part A of the Project;
Beneficiary Group as used herein, shall mean (1) Beneficiary (including, without limitation, any participant in the Loan), (2) any entity controlling, controlled by or under common control with Beneficiary, (3) the directors, officers, employees and agents of Beneficiary and such other entities, and (4) the successors, heirs and assigns of the entities and persons described in foregoing clauses (1) through (3). Trustor shall pay immediately upon Trustee's or Beneficiary's demand any amounts owing under this indemnity together with interest from the date the indebtedness arises until paid at the rate of interest applicable to the principal balance of the Note as specified therein. Trustor agrees to use legal counsel reasonably acceptable to Trustee and the Beneficiary Group in any action or proceeding arising under this indemnity. THE PROVISIONS OF THIS SECTION SHALL SURVIVE THE TERMINATION AND RECONVEYANCE OF THIS DEED OF TRUST, BUT TRUSTOR'S LIABILITY UNDER THIS INDEMNITY SHALL BE SUBJECT TO THE PROVISIONS OF THE SECTION IN THE NOTE ENTITLED "BORROWER'S LIABILITY."
Beneficiary Group means any of the villages or neighborhood groups within the Project Districts (as hereinafter defined), established under the Travancore-Cochin Literary, Scientific and Charitable Societies Xxxxxxxxxxxx Xxx, 0000, or the Societies Xxxxxxxxxxxx Xxx, 0000, and operating according to its bylaws, and selected as a beneficiary of a Scheme (as hereinafter defined) under the Project;
Beneficiary Group means an informal village or community group benefiting directly from the activities financed under the Project, as defined in the VWDP (as hereinafter defined);
Beneficiary Group as used herein, shall mean (1) Beneficiary (including, without limitation, any participant in the Loan), (2) any entity controlling, controlled by or under common control with Beneficiary, (3) the directors, officers, employees and agents of Beneficiary and such other entities, and (4) the successors, heirs and assigns of the entities and persons described in foregoing clauses (1) through (3). Trustor shall pay immediately upon Trustee's or Beneficiary's demand any amounts owing under this indemnity together with interest from the date the indebtedness arises until paid at the rate of interest applicable to the principal balance of the Note as specified therein. Trustor agrees to use legal counsel reasonably acceptable to Trustee and the Beneficiary Group in any action or proceeding arising under this indemnity. To the extent, if at all, that Section 56-7-1 New Mexico Statutes Annotated 1978 applies to any agreement to indemnify contained herein, such agreement to indemnify shall not extend to liability, claims, damages, losses or expenses, including attorney's fees, arising out of:
Beneficiary Group as used herein, shall mean (1) Beneficiary (including, without limitation, any participant in the Loan), (2) any entity controlling, controlled by or under common control with Beneficiary, (3) the directors, officers, employees and agents of Beneficiary and such other entities, and
Beneficiary Group as used herein, shall mean (1) Beneficiary (including, without limitation, any participant in the Loan), (2) any entity controlling, controlled by or under common control with Beneficiary, (3) the directors, officers, employees and agents of Beneficiary and such other entities, and (4) the successors, heirs and assigns of the entities and persons described in foregoing clauses (1) through (3). Trustor shall pay immediately upon Trustee’s or Beneficiary’s demand any amounts owing under this indemnity together with interest from the date the indebtedness arises until paid at the rate of interest applicable to the principal balance of the Note as specified therein. Trustor agrees to use legal counsel reasonably acceptable to Trustee and the Beneficiary Group in any action or proceeding arising under this indemnity. THE PROVISIONS OF THIS SECTION SHALL SURVIVE THE TERMINATION AND RECONVEYANCE OF THIS DEED OF TRUST, BUT TRUSTOR’S LIABILITY UNDER THIS INDEMNITY SHALL BE SUBJECT TO THE PROVISIONS OF THE SECTION IN THE NOTE ENTITLED “BORROWER’S LIABILITY.”