Benefit definition

Benefit means anything reasonably regarded as pecuniary gain or pecuniary advantage, including benefit to any other person in whose welfare the beneficiary has a direct and substantial interest.

Benefit means the entitlement due to the principal policy holder in respect of approved expenses incurred in accordance with the terms in the fund rules.

Benefit means the entitlement due to the principal member in respect of approved expenses incurred in accordance with the terms of these Fund rules.

Examples of Benefit in a sentence

• Except as set forth on Schedule 6.13 and other than related to the Benefit Plans, the Company has no self-insurance or co-insurance programs.

• The Obligors do not maintain or contribute to, or have any obligation (including any Contingent Obligation) under, any Employee Benefit Plans.

• Schedule 6.12 sets forth a list of all policies of fire, liability, workers’ compensation, property and casualty and other insurance owned or held by or on behalf of the Company for the current period that includes the date hereof under which the Company is the primary insured, other than policies and/or insurance related to the Benefit Plans (the “Insurance Policies”).

• Purchaser does not (a) have any paid employees or (b) maintain, sponsor, contribute to or otherwise have any Liability under, any Benefit Plans.

• The Issuer shall not, and shall not permit any Asset Entity to, establish any Employee Benefit Plan or Multiemployer Plan, or commence making contributions to (or become obligated to make contributions to) any Employee Benefit Plan or Multiemployer Plan.

More Definitions of Benefit

Benefit means the extent or degree of service the beneficiaries are entitled to receive as per the rules on the subject.

Benefit means a commercial, proprietary, financial, economic,

Benefit means any gain or advantage to the beneficiary, including any gain or advantage to a third person pursuant to the desire or consent of the beneficiary.

Benefit or "Benefit Options" means any of the optional benefit choices available to a Participant as outlined in Section 4.1.

Benefit means the direct or indirect receipt or provision of money or the equivalent such as, but not limited to, bribes, gains, gifts and other advantages including, without limitation, winnings and/or potential winnings as a result of a wager; the foregoing shall not include official prize money, appearance fees or payments to be made under sponsorship or other contracts;

Benefit means a commercial, proprietary, financial,

Benefit means the direct or indirect receipt or provision (as relevant) of money or money's worth (other than prize money and/or contractual payments to be made under endorsement, sponsorship or other contracts);