Qualifying Beneficiary definition

Qualifying Beneficiary means for each Tuition Certificate, the Owner or another person designated as a beneficiary by the Owner as permitted under the Rules and who has been certified, to the satisfaction of MEFA, as the Owner’s sibling or as a living lineal descendant of the Owner or the Owner’s sibling. A lineal descendant

Qualifying Beneficiary means any individual that, during the qualifying taxable year of a qualifying trust, is a beneficiary of that trust, but does not include an individual who is a resident taxpayer for the purposes of Chapter 5747. of the Revised Code for the entire qualifying taxable year of the qualifying trust.

Qualifying Beneficiary means, for Medical Flexible Spending Account purposes:

Examples of Qualifying Beneficiary in a sentence

• Nothing in the Contract shall constitute a promise or guarantee that each or any Participating Institution will be in existence at the time a Qualifying Beneficiary seeks to enroll or apply a Tuition Certificate.

• The Owner must designate a Qualifying Beneficiary for each Tuition Certificate purchased.

• The Owner shall not transfer Tuition Certificates or redesignate a Qualifying Beneficiary except as permitted under this Section V.

• Upon the death of the Owner, the Successor Owner will become, and shall have all rights of, the Owner under this Enrollment Agreement, including the right to direct MEFA to transfer Tuition Certificate proceeds to the Owner instead of for the benefit of the Qualifying Beneficiary and the right to designate a Successor Owner.

• Each Tuition Certificate will entitle a Qualifying Beneficiary who is a Student to receive from any Participating Institution in any Post Maturity Year, upon payment to the Participating Institution of Post Maturity Proceeds, a percentage of Educational Services equal to the Post Maturity Educational Services Percentage.

More Definitions of Qualifying Beneficiary

Qualifying Beneficiary who has had a "Qualifying Event" (within the meaning of COBRA group health continuation requirements) on or before the Closing Date.

Qualifying Beneficiary is an individual with HIV/AIDS who qualifies the household to receive HOPWA housing subsidy assistance.

Qualifying Beneficiary means a Facility Beneficiary which is beneficially entitled to interest payable to that Facility Beneficiary under this Agreement and:

Qualifying Beneficiary means any individual that, during the qualifying taxable year of a qualifying trust, is a beneficiary of that trust, but does not include an individual who

Qualifying Beneficiary means the individual or individuals (such as the Participant's spouse or other Beneficiary (as defined under Section 1.1(i) of the Basic Plan) or each of them) entitled to receive a pre-retirement death benefit under the Basic Plan; provided, however, that the Participant's estate shall be the qualifying beneficiary if there is no surviving spouse or Beneficiary entitled to a pre-retirement death benefit under the Basic Plan.

Qualifying Beneficiary for purposes of this chapter, means a legal resident of Pohnpei who has attained legal residence in the state in the manner prescribed by Article 3 of the Pohnpei Constitution or the General Election Law, Title 10 Chapter 4, or his successor, (10 PC 4-*), who is at least 18 years of age, and who has actually resided or maintained legal residence in the state for a period of not less than 15 years; and the beneficiary children thereof regardless of age.

Qualifying Beneficiary means a person who having met eligibility criteria satisfactory to the Association is for that reason qualified to obtain Sub-loans under the Project;