Other Payees definition

Other Payees means other parties for whom Company is authorized to obtain payment.
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Other Payees means the other payees of subordinated promissory notes of the Maker dated the date hereof and aggregating (together with this Note) $59,000,000.
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Examples of Other Payees in a sentence

  • These Other Payees must also acknowledge your authority to endorse and transfer items payable to them.

  • This Note is part of an offering of Convertible Promissory Notes and associated warrants being made by the Company (the "Offering") and the other purchasers of Notes in such Offering are referred to as the "Other Payees" and all the Notes issued in such Offering, including this Note are referred to as the "Notes".

  • Effective January 1, 2005, the limitations of Section 9.01 will not apply to any DRO that (i) is a QDRO or (ii) creates or recognizes the existence of an Other Payee's right to, or assigns to an Other Payee the right to, receive all or part of a Participant's Accumulations consistent with the applicable provisions of California law governing domestic partnerships and the terms of the Plan.

  • This Note is part of an offering of promissory notes and associated warrants being made by the Company (the "Offering") and the other purchasers of Notes in such Offering are referred to as the "Other Payees" and all the Notes issued in such Offering, including this Note are referred to as the "Notes".

  • You agree to limit use of the Lockbox to the receipt of Checks which are expected to be payable to you and Other Payees.

  • Other Payees are not capable of accepting electronic payments and those Payees are paid by a paper check issued on your behalf.

  • You must list all Other Payees on the Wholesale Lockbox service setup form or in another authorized document acceptable to us.

  • No part of the amounts payable shall, prior to actual payment, be subject to seizure or sequestration for the payment of any debts, judgments, alimony or separate maintenance owed by the Employee, Other Payee, or any other person, nor be transferable by operation of law in the event of the Employee's, Other Payee's or any other person's bankruptcy or insolvency.

  • Equally, unexpected difficulties in speeding up technological progress or a downward revision of expected impacts would warrant a less challenging goal.

  • The Employee's and Other Payee's rights to benefit payments under this Agreement are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors of the Employee or Other Payee.

Related to Other Payees

  • Other payer means any person, other than an individual's employer or the employer's agent, that pays an individual any amount included in the federal gross income of the individual. "Other payer" includes casino operators and video lottery terminal sales agents.

  • 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.

  • 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.

  • Beneficiary(ies means the individual or individuals designated in the Application by the Subscriber(s) to whom, or on whose behalf, Educational Assistance Payments are agreed to be paid, provided such individual qualifies under the Applicable Legislation and the Plan at the time such payments are made;

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

  • Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

  • Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 10.13.

  • Other Plan means any of the following plans, other than this Plan, providing benefits or services for medical or dental care or treatment:

  • 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.

  • Insureds Premises Not An "Insured Location" a. Owned by an "insured"; b. Rented to an "insured"; or c. Rented to others by an "insured"; that is not an "insured location";

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • Individual Support Plan means a document in writing (as amended from time to time) between You and a Service User, their family, guardian, advocate or financial manager about the disability services to be delivered to the Service User and how those services will be delivered to meet the Service User’s identified goals;

  • Spousal support order means a support order for a spouse or former spouse of the obligor.

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

  • Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.

  • Spouse means, an individual who,

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

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

  • Additional Insured is defined in Section D of Annex D to the Lease.

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

  • Personal representative means the person or persons who, upon the disability or incompetence of a Participant, shall have acquired on behalf of the Participant, by legal proceeding or otherwise, the power to exercise the rights or receive benefits under this Plan and who shall have become the legal representative of the Participant.

  • Payment Recipient has the meaning assigned to it in Section 11.12(a).

  • QDRO means a qualified domestic relations order as defined in Section 414(p) of the Code or Title I, Section 206(d)(3) of ERISA (to the same extent as if this Plan were subject thereto), or the applicable rules thereunder.

  • Third Party Beneficiary means each of the non-NHS bodies set out in the list attached at Schedule 1, as supplied from time to time by the Authority to the Contractor;

  • Third Party Beneficiaries has the meaning ascribed thereto in Section 8.8(1).