Principal Beneficiary definition

Principal Beneficiary means the spouse of a member or former member, or where the member or former member has a cohabiting partner, the member or former member’s cohabiting partner, as defined in the Act;

Principal Beneficiary means my Spouse, or where I have a Cohabiting Partner, my Cohabiting Partner;

Principal Beneficiary means any Person entitled to ten percent or more of the benefits of a trust;

Examples of Principal Beneficiary in a sentence

• The biometric services fee and the filing fee for this application cannot be waived.Special Instructions for Beneficiaries of an Approved Employment-Based Immigrant Petition--(c)(35) and Spouses or Children of a Principal Beneficiary of an Approved Immigrant Petition--(c)(36).

• The Trustee must formulate and give effect to an investment strategy, for the purpose of satisfying and fulfilling the primary purpose and other purposes primarily for the benefit of the Principal Beneficiary as defined in clause 2.

• Commentary: The objectives of the trust fund are to pay for the Principal Beneficiary’s care and accommodation costs and for other matters primarily for the benefit of the Principal Beneficiary.

• Lending funds to the Principal Beneficiary or their partner is not consistent with this objective.] The Trustee must not lend any of the Trust Fund or any of the income of the Trust Fund to the Principal Beneficiary or the Principal Beneficiary’s Partner.

• Where I am a former member, upon my death, my surviving Principal Beneficiary, or where I have no surviving Principal Beneficiary or my surviving Principal Beneficiary had waived entitlement in the form and manner required by the Superintendent, my designated beneficiary, or where there is no designated beneficiary, my estate, is entitled to receive a lump sum payment of the full value of the Fund.

More Definitions of Principal Beneficiary

Principal Beneficiary means the Spouse of a member or former member, or where the member or former member has a cohabiting partner, the member or former member’s cohabiting partner, as defined in the Act;

Principal Beneficiary means the Spouse of a Planholder, or where the Planholder has a Cohabiting Partner, the Planholder’s Cohabiting Partner. For the purposes of any provision of the Tax Act respecting registered retirement savings plans, “Spouse”, “Cohabiting Partner” and “Principal Beneficiary” do not include any person who is not recognized as a spouse or common-law partner under the Tax Act.

Principal Beneficiary means a national of a qualifying Caribbean Community State who has exercised one or more of his primary rights to move, live and seek employment in another qualifying Caribbean Community State;”.

Principal Beneficiary means any person entitled to 10 percent

Principal Beneficiary means the Spouse of a Member, Deferred Pensioner or Pensioner, or where the Member, Deferred Pensioner or Pensioner has a Cohabiting Partner, their Cohabiting Partner.

Principal Beneficiary means the Spouse of a Planholder or where the Planholder has a Cohabiting Partner, the Planholder’s Cohabiting Partner.

Principal Beneficiary means the beneficiary hosting and engaging the principal investigator;