Benefit Date means the date that the recipient receives the business subsidy. If the business subsidy involves the purchase, lease, or donation of physical equipment, then the benefit date begins when the recipient puts the equipment into service. If the business subsidy is for improvements to property, then the benefit date refers to the earliest date of either:
Benefit Date means the date on which the recipient receives the business incentive. If the business incentive involves the purchase, lease, or donation of physical equipment, the benefit date is the date when the recipient puts the equipment into service. If the business incentive is for improvements to property, the benefit date is the earlier of either when the improvements are finished for the entire project or when a business occupies the property. If a business occupies the property and the business incentive grantor expects that other businesses will also occupy the same property, the grantor may assign a separate benefit date for each subsequent business when that subsequent business first occupies the property.
Benefit Date. [September 1, 2013] The later of the Contract Anniversary following the [59th] birthday of the youngest Designated Life or the Rider Effective Date.
Examples of Benefit Date in a sentence
Prior to the Benefit Date, the annual report will provide a projected Benefit Base and GAI as of the Benefit Date assuming no Benefit Base Resets and no further contract activity.
After the Benefit Date, the annual report will provide the GAI as of the date of the report.
An excess withdrawal is any withdrawal prior to the Benefit Date or a withdrawal after the Benefit Date that exceeds the GAI for the Contract Year.
Beginning at the Benefit Date, you may withdraw an amount up to the GAI each Contract Year until the rider terminates as described under the Rider Termination section.
The maximum amount that can be withdrawn in any Contract Year after the Benefit Date without affecting the Benefit Base in future Contract Years.
More Definitions of Benefit Date
Benefit Date means the date on which the recipient receives the business
Benefit Date means, for a Participant, the first day of the calendar year immediately following the calendar year in which his Retirement Date shall occur, upon which an amount of benefit shall be payable to him under this Plan.
Benefit Date means the date that the recipient receives the business subsidy. If the business
Benefit Date means August 30, 2023, as defined in the Grant Contract Agreement. This date is determined by information in the Grant Application regarding the date equipment financed
Benefit Date means the date when the Borrower occupies the Project, but shall be no later than March 31, 2011.
Benefit Date means, pursuant to Section 116J.993, Subd. 2, the date the Developer receives a business subsidy.
Benefit Date means the effective date on which the ADMINISTRATORS, acting in terms of the agreed practice of the FUND, calculate the MEMBER’S benefit on the MEMBER’S retirement, death or his leaving SERVICE in terms of Rule 7 (withdrawal from SERVICE) or in order to transfer the MEMBER’S benefit from the FUND in any of the circumstances contemplated in these RULES. This is the last date on which a MEMBER is entitled to benefits in the FUND other than interest on a benefit still to be paid.