Original Beneficiary definition

Original Beneficiary means the person identified as the ‘Original Beneficiary’ in Schedule 2 (Parties and Notice Details).
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Original Beneficiary means any Beneficiary as defined in the Original Agreement.
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Original Beneficiary means any party that was a Beneficiary as of the Effective Date;
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Examples of Original Beneficiary in a sentence

  • If the material amount shall exceed the amount payable by or in respect of an Original Beneficiary the relevant Group Company shall account to such Original Beneficiary for such excess within thirty days of the determination of the actual amount payable.

  • No eBay Option may be exercised until the Original Beneficiary has entered into such arrangements as the eBay Board or its Delegate may from time to time reasonably require (and notify to the Original Beneficiary) to ensure that any such liabilities are accounted for to the satisfaction of eBay, the Company or the relevant eBay Group company.

  • Original Beneficiary (Lender) Date of Deed of Trust Date of Recording and/orRe-Recording of Deed of Trust Recording Information County Rcpt.

  • Relationship of Original Beneficiary to initial/first XXX owner: Spouse Non-Spouse THIS INFORMATION IS OPTIONAL AND IS USED TO CALCULATE THE RMD FOR THE ACCOUNT AND DISPLAY THIS AMOUNT ON THE STATEMENT.

  • Original Beneficiary Reporting Officer Politically exposed Persons : The natural person for whose benefit the working relationship is conducted or on his behalf, or who has complete or effective control over a legal person or has the right to conduct legal action on its behalf.

  • The right to name and/or replace the PSC Board Designee, or to decline to fill a vacancy of such position, shall be vested in the Original Beneficiary that holds the largest number of Liquidating Trust Units (the “Nominating Party”) at the time a PSC Board Designee is to be appointed or replaced, determined by reference to the Register.

  • Conduct continuous follow-up on the relationship with the Customer and examine transactions conducted through this relationship in order to ensure that it complies with Subject Parties' knowledge of the Customer, Original Beneficiary, nature of their business and activities, and their assessment of the risk of money laundering or terrorist financing activities occurring from the relationship with him.

  • Glass NOTICE OF FORECLOSURE SALE Date of Sale: May 5, 2015 Time of Sale: 10:00 a.m. Place of Sale: Forsyth County Courthouse Description of Property: See Attached Description Record Owners: Ashby Bradford Champagne Address of Property: 4362 Joseph Samuels Drive Winston Salem, NC 27105 Deed of Trust: Book : 2898 Page: 1515 Dated: June 18, 2009 Grantors: Ashby Bradford Champagne and Merly Champagne, husband and wife Original Beneficiary: Mortgage Electronic Registration Systems, Inc.

  • Potter Original Beneficiary: State Employees’ Creddit Union CONDITIONS OF SALE: Should the property be purchased by a third party, that person must pay the tax of Forty-five Cents (45¢) per One Hundred Dollars ($100.00) required by N.C.G.S. §7A-308(a)(1).

  • MERS as Original Mortgagee (“MOM”)Use Deeds of Trust or Mortgages with MERS as Original Beneficiary or Mortgagee using standard language approved by Fannie Mae, Freddie Mac, FHA and VA.

Related to Original Beneficiary

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • 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.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Spouse means, an individual who,

  • Accrued Benefit have the meanings specified in ERISA.