Cash Benefit definition

Cash Benefit means the amount credited in a dollar amount under the Plan on behalf of a Participant as a result of such Participant's Deferred Compensation and any Interest credited thereon.

Cash Benefit means the cash payment that each Settlement Class Member who submits a valid and timely Claim will receive from the Net Settlement Fund.

Cash Benefit means the cash benefit of $500 payable under Section 2.

Examples of Cash Benefit in a sentence

• Children under sixteen (16) years old are not entitled to any Theft of Cash Benefit.

• If the insured is eligible for the Cash Benefit for less than an entire month, the benefit will be pro-rated based on the actual number of days the insured is eligible for the benefit in that month.

• The Surrender Value of this Contract is the amount that can be taken as a Cash Benefit under this Contract.

• Daily Hospital Cash Benefit and / or Surgical Benefit shall not be payable for any treatment of illness/ailment/disease diagnosed or Hospitalisation taking place within 60 days from Effective Date or revival of cover whichever occurs later.

• We will be discharged from all liability to the extent of each payment that is made for a Cash Benefit, Annuity Payout Benefit, Death Benefit, or rider benefit.

More Definitions of Cash Benefit

Cash Benefit means the cash payment available to a Settlement Class Member who files a Valid Claim under this Agreement and does not choose the Billing Credit Option.

Cash Benefit means any financial benefit paid in cash, cheque or other

Cash Benefit means the Basic Severance Amount and, as applicable, the Enhanced Severance Amount.

Cash Benefit means any financial benefit paid in cash, cheque or other similar means of payment, including the electronic transfer of such

Cash Benefit. “Pension”, “Annuity”, or “Compensation” means a cash benefit, pension, annuity or compensation under the applicable legislation, including all the constituent parts thereof which are financed out of public funds as well as all increases and additional payments.

Cash Benefit means pensions, indemnities, aid, as well as all the adjustments to them, stipulated by the legislation regulating the fields, mentioned in Article 2;

Cash Benefit means the balance, if any, of the Insured Amount that will become payable after we have deducted the benefits en- joyed for Personalised Service(s);