Potential Beneficiary definition

Potential Beneficiary and ‘Potential Beneficiaries’ means the person(s) described in Box ‘A’.
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Potential Beneficiary means a person (whether or not an ascertained person) who—
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Potential Beneficiary. , of a payment, means the entity to which or in relation to which a payment would be paid for a purpose mentioned in section 127(1).67
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Examples of Potential Beneficiary in a sentence

  • The Trustee will have no claim by way of indemnity against any Beneficiary or Potential Beneficiary except as provided in clause 8.5 (Unsuccessful suit for breach of trust) of this deed, nor will any Beneficiary or Potential Beneficiary have any liability of any nature for or in respect of any liabilities incurred by the Trustee in the execution of or attempted execution of or as a consequence of the failure to exercise any of the Trustee’s duties, authorities, powers and discretions under this deed.

  • If the Notice of Annual Meeting requests persons proposing to attend the meeting to advise the Trustee of their intention, a Contributor, Beneficiary or Potential Beneficiary who has not done so may be denied entry to the Annual Meeting by the Trustee.

  • The undersigned confirms that, should it be the case that the Applicant is offered financial support under the 2021 Call for Proposals, the Potential Beneficiary must indicate to the Managing Authority whether any other form of assistance has been accepted or is in the process of being accepted for the same Project or parts thereof.

  • A Potential Beneficiary who has already accepted or intends to accept another form of assistance for the same Project or parts thereof will no longer be eligible for assistance under the 2021 Call for Proposals.

  • The Settlor and all the Trustees must sign in this section and each signature should be witnessed by an independent person who is aged 18 or over, and who is not a party to this Trust Deed or a Potential Beneficiary.

  • Such monies may only be used towards the maintenance, education or health of the Potential Beneficiary who is a Minor.

  • In any case, the Potential Beneficiary holds the full responsibility of the decision to participate in a Project Proposal as the eligibility check is a part of the evaluation procedure and will be done by the MA / JS.

  • For this they should take into consideration the categories of the eligible partners as described in the Call and the legal form of the Potential Beneficiary (e.g. statute, establishment act, tax registration documents and other legal operating documents).

  • Information regarding sub-projects amount on final beneficiaries per components of the Program, which were approved by EIB during the second quarter 2013, Eur 7During the reported period through the Credit Line, PIU registered 4 Applications from Potential Beneficiary, as well as provided assistance in the development of 6 business plans for winemaking, viticulture and support industries companies and 3 investment project for Education Institutions, issued PIU eligibility notice for 6 sub-projects.

  • To check should take into consideration the categories of the eligible partners as described in the Call and the legal form of the Potential Beneficiary (e.g. statute, establishment act, tax registration documents and other legal operating documents).


More Definitions of Potential Beneficiary

Potential Beneficiary means a person (whether ascertained or not) who is not a beneficiary but may become a beneficiary as being at a future date or on the happening of a future event a person of any specified description or a member of any specified class of persons; and
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Potential Beneficiary means an individual or tribe determined eligible to share in the IMPL Escrow Accourit provided a proper acceptance is received on behalf of the individual or tribe involved.
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Potential Beneficiary means a person, whether ascertained or not, who is not a beneficiary but may become a beneficiary at a future date or on the happening of a future event and whose data is entered in the Registry ;
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Potential Beneficiary means a person who may be eligible to receive the benefits of a Judgment Fund Program, but who is not necessarily the applicant for said benefits, such as decedents for whom burial assistance is sought and minors whose parents are seeking school clothing assistance.
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Related to Potential Beneficiary

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • material benefit means a benefit which may not be financial but has a monetary value;

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

  • Special benefit means, for purposes of a property-based district, a particular and distinct benefit over and above general benefits conferred on real property located in a district or to the public at large. Special benefit includes incidental or collateral effects that arise from the improvements, maintenance, or activities of property-based districts even if those incidental or collateral effects benefit property or persons not assessed. Special benefit excludes general enhancement of property value.

  • 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.

  • 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.

  • Potential Beneficial Owner means a customer of a Broker-Dealer or a Broker-Dealer that is not a Beneficial Owner of shares of AMPS but that wishes to purchase such shares, or that is a Beneficial Owner that wishes to purchase additional shares of AMPS.

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

  • Spouse means, an individual who,

  • 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.

  • 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;

  • Potential Holder means any Broker-Dealer or any such other Person as may be permitted by the Corporation, including any Existing Holder, who may be interested in acquiring shares of AMPS (or, in the case of an Existing Holder, additional shares of AMPS).

  • 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.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • 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;

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

  • 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.

  • Named Executive means any individual who, on the last day of the Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act.

  • legal personal representative means the personal or other legal representative of the shareholder;

  • Dependent child means a child residing in an individual’s household who may legally be claimed as a dependent on the federal income tax of such individual.

  • land reform beneficiary , in relation to a property, means a person who -

  • 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.

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