Nominees definition

Nominees means the person(s) named by you and registered with us in accordance with the Nomination Schedule, who is authorised to receive the Death Benefit under this Policy, on the death of the Annuitant;
Nominees means the Persons, who are named in Annexure A, holding the Sale Shares as nominees of PFCCL.
Nominees means the person(s) nominated by the Policyholder (who is also the Life Assured) under this Policy who is (are) authorised to receive the claim benefit payable under this Policy and to give a valid discharge to the Corporation on settlement of the claim.

Examples of Nominees in a sentence

  • Without prejudice to the section titled Nominees below, if I am/we are executing this Subscription Agreement as a nominee I/we further represent that I/we have advised my/our client and/or underlying beneficial owner of, and have obtained its/their consent to, such compensation arrangements.

  • If the policy has not been assigned, the Benefit amount will be paid to either You or Your executors, administrators, Nominees or any other Proper claimant if We have proof of the relationship of the person claiming the Benefit.

  • If You or Your executors, administrators, Nominees or any other Proper claimant obtains any sum payable under this policy through fraudulent means or devices, all Benefits paid under this policy shall be forfeited and must be immediately repaid.

  • Subject to the current laws and regulations, You may add, change or remove a Nominee(s) to receive the share of the Benefit by giving Us written notice in the prescribed form.


More Definitions of Nominees

Nominees means the nominee and nominees that are proposed for election as Directors by the Corporation and included in a management information circular of the Corporation relating to the election of Directors at a Directors Election Meeting or any other individual that the Investor is entitled to replace as a Director or has otherwise nominated as a Director in accordance with the terms of this Agreement;
Nominees means the person named by you when you are the Life Assured, and such person shall be registered with us in accordance with the Nomination Schedule, and shall be authorized to receive the Death Benefit under this Policy, on the death of the Life Assured (and in case of Joint Life Coverage, on the death of the last Life Assured);
Nominees means Alan Robert Bloom, Stephen John Harris, Christopher John Wilkinson Hill and Alan Michael Hudson of Ernst & Young LLP, One More London Place, London SE1 2AF;
Nominees means the person or persons who has/have been appointed by a Scheme Member/Annuitant to receive the death benefit under this Master Policy;
Nominees means the person(s) nominated by the Policyholder (who is also the Annuitant) under this Policy and who is(are) authorised to receive the claim benefit payable under this Policy on the death of the annuitant / primary annuitant / secondary annuitant, wherever applicable as per the annuity option chosen.
Nominees means the person(s) nominated by the Policyholder (who is also the Life Assured) under this Policy who is (are) authorised to receive the claim benefit payable under this Policy.
Nominees means brokerage firms, banks and other institutions that hold Relevant Securities in street name or other similar fashion for the benefit of other persons or entities.