New Beneficiary definition

New Beneficiary means the person identified as the ‘New Beneficiary’ in Schedule 2 (Parties and Notice Details).
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New Beneficiary means an individual to whom rights under the Contract have been transferred pursuant to Rule 1700-05-04-.05.
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New Beneficiary means an individual who is a Family Member to whom contract rights have been transferred.
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Examples of New Beneficiary in a sentence

  • New Beneficiary, LTC ES and LTC NP & Beneficiary PA (reason TF) paid TF claims are not included in the look back calculation to determine if the renewing Beneficiary received a partial fill and has remaining days supply.

  • The Beneficiary’s right of claim before the Bank under the Bank Guarantee can be transferred in full or partially by the Beneficiary to a Third Party (hereinafter referred to as a New Beneficiary) only on the basis of the Bank’s prior written consent and the payment of the Commission Fee for transfer of the Bank Guarantee by the Customer, provided that the Agreement and/or the Guarantee Notice stipulate such a right.

  • Assignment and Transfer of Beneficial Interest With effect from the Effective Time: the Existing Beneficiary assigns and transfers all of the Transferred Beneficial Interest to the New Beneficiary, and the New Beneficiary accepts such assignment and transfer; and the Trustee consents to the assignment and transfer of the Transferred Beneficial Interest to the New Beneficiary.

  • On not more than 30 days' written notice nor less than 15 days' written notice to the Mortgages Trustee, the Seller and Funding 1 may direct the Mortgages Trustee to add a New Beneficiary to the Mortgages Trust.

  • They even have to resort to breaking up pottery to get sufficient drainage.

  • Name of New Beneficiary (first, middle initial, last) New Beneficiary Social Security Number or Taxpayer Identification Number (Required) Birth Date of New Beneficiary (mm/dd/yyyy) Citizenship (If other than U.S. citizen, please indicate country of citizenship.) Relationship of the new Beneficiary to existing Beneficiary Check here if new Beneficiary address is the same as Account Owner’s mailing address and go to the next section.

  • The Existing Beneficiary represents and warrants to the New Beneficiary, its successors and assigns that, immediately prior to the Effective Time, it is the sole beneficiary of the GATS Trust and, at the Effective Time, there is assigned and transferred to the New Beneficiary full legal and beneficial title to all of the Transferred Beneficial Interest free and clear of all Security Interests.

  • The competent authority shall have powers to confiscate the travel documents of EEA nationals and family members by way of a resolution, if notified by the court conducting the criminal proceedings, the public prosecutor or the investigating authority for having ordered any of the restraining measures specified in Subsection (1).

  • Subject to the conditions set forth in Paragraph (5) below, the Account Owner shall have the right at any time to transfer all or a portion of the funds in the Beneficiary’s Account to an Account for a different Beneficiary provided the New Beneficiary is a “Member of the Family” of the original Beneficiary, as such term is defined in Rule 1700- 05-04-.01(2).

  • Any funds in the Account of a New Beneficiary may be used immediately, provided the funds have been on deposit in the original Beneficiary’s Account for the twenty- one (21) day period prescribed in Rule 1700-05-04-.06(1) below.(7) Limit on Reallocation of Funds Among Investment Options.


More Definitions of New Beneficiary

New Beneficiary means an individual to whom rights under the contract have been transferred pursuant to Rule 1700-05-01-.08.
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New Beneficiary. “Security Trustee”, “Borrower”, “TCN Entity”, “Agent”, “Arranger”, “Lender”, “Security Provider”, “Telewest UK” and “Creditor” include, where the context admits, their respective successors, permitted assigns, in the case of the Lenders, their assignees and New Lenders, in the case of the Security Trustee such other person as may from time to time be appointed as Security Trustee for the New Beneficiaries pursuant to the terms of the Intercreditor Deed and, in the case of the Agent, such other person as may from time to time be appointed as Agent pursuant to clause 18.11 of the Loan Agreement.
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Related to New Beneficiary

  • Beneficiary means the person, persons, trust or trusts that have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant’s death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(b) hereof. If, upon a Participant’s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • 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.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Spouse means, an individual who,

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.