Beneficiary Statement definition

Beneficiary Statement means a statement in the form of the Appendix attached hereto;
Sample 1Sample 2Sample 3
Beneficiary Statement. ’ means a written statement showing:
Sample 1Sample 2
Beneficiary Statement has the meaning set forth in Section 4.1(j).
Sample 1Sample 2

Examples of Beneficiary Statement in a sentence

  • A certified copy of the death certificate, Beneficiary Statement and any additional paperwork necessary to process a death claim.

  • Escrow Holder shall promptly request from the holders of the Existing Notes a beneficiary statement ("Beneficiary Statement") confirming: (1) the amount of the unpaid principal balance, the current interest rate, and the date to which interest is paid, and (2) the nature and amount of any impounds held by the beneficiary in connection with such loan.

  • If a U.S. beneficiary receives a complete Foreign Grantor Trust Beneficiary Statement with respect to a distribution during the tax year, the beneficiary should treat the distribution for income tax purposes as if it came directly from the owner.

  • In the event that Buyer is purchasing the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing will be more or less than the amount set forth in paragraph 3.1(c) hereof ("Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation.

  • If “Yes,” attach the Foreign Grantor Trust Beneficiary Statement from the foreign trust and do not complete the remainder of Part III with respect to the distribution.

  • Also, complete Schedule C if you enter an amountgreater than zero on line 37.YesNoN/A30 Did you receive a Foreign Nongrantor Trust Beneficiary Statement from the foreign trust with respect to a distribution?YesNoN/AIf “Yes,” attach the statement and complete either Schedule A or Schedule B below.

  • The Beneficiary Statement will set out, with respect to each relevant Settlement Period, the amount of the Shortfall in accordance with the Code.

  • The funds will be transferred into the appropriate SEM Bank account according to the payment type in respect of which the Shortfall has occurred.When required to make a Credit Call against a Letter of Credit, the Market Operator will procure that an authorised person presents a Beneficiary Statement to the Letter of Credit bank in the form set out in Appendix A “Standard Letter of Credit” of the Code.

  • Please be sure to indicate the Trust or Estate TIN above.Assignment of Benefits: If any portion of the benefits has been assigned, please include a copy of the assignment.Beneficiary Signature: Please sign the Beneficiary Statement below in the same manner as you would sign checks.

  • You may only use Schedule B if: 2001 weighted UNI $1,260• You answered “Yes” to line 30,• You attach a copy of the Foreign Nongrantor Trust Beneficiary Statement to this return, and• You have never before used Schedule A for thisUNI at beginning of 2001 .

Related to Beneficiary Statement

  • Preliminary Statement has the meaning set forth in Section 2.4(a).

  • Domiciliary state means the state in which an insurer is incorporated or organized, or, in the case of an alien insurer, its state of entry.

  • 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;

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Statutory Statement means a statement of the condition and affairs of an Insurance Subsidiary, prepared in accordance with accounting procedures and practices prescribed or permitted by an applicable insurance regulatory authority or the NAIC, as modified in accordance with permitted practices approved by an applicable insurance regulatory authority, and filed with an applicable insurance regulatory authority or the NAIC.

  • 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.

  • 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.

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Allocation Certificate has the meaning set forth in Section 1.12(b).

  • Uncertificated Balance The amount of the REMIC Regular Interests outstanding as of any date of determination. As of the Closing Date, the Uncertificated Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial uncertificated balance. On each Distribution Date, the Uncertificated Balance of the REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 5.01 of this Agreement and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 5.04 of this Agreement and the Uncertificated Balance of REMIC II Regular Interest ZZ shall be increased by interest deferrals as provided in Section 5.01 of this Agreement. The Uncertificated Balance of each REMIC Regular Interest shall never be less than zero.

  • Certificate Account Deposit Date As to any Distribution Date, the Business Day prior thereto.

  • 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.

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

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.

  • Explanatory Statement means the explanatory statement which forms part of the Notice;

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Account Statement means a periodic statement of the transactions credited or debited to an Account;

  • Ancillary state means any state other than a domiciliary state.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • 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.

  • Accession Number 20121026–5118. Comments Due: 5 p.m. e.t. 11/16/12. Docket Numbers: ER13–212–000.

  • 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.

  • Statutory Statements has the meaning set forth in Section 3.6(a).

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.