Qualifying Recipient definition

Qualifying Recipient means a Member that was both alive on the day of the Vote and was a Member on the day of the Vote, and who has reached the age of twenty-one (21) or has reached the age of eighteen
View Source
Qualifying Recipient means a person who meets all of the following eligibility criteria:
View Source
Qualifying Recipient with respect to a payment to be made by an Obligor pursuant to a Facility Document, means a Recipient of the payment that:
View Source

Examples of Qualifying Recipient in a sentence

  • If a Recipient fails to indicate its status in accordance with this Section 2.17(f)(iii) then such Recipient shall be treated for the purposes of this Agreement and by each UK Loan Party as if it is not a Qualifying Recipient until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent, upon receipt of such notification, shall inform each UK Loan Party).

  • Provided that the Recipient is a Qualifying Recipient, no Obligor is required to make any deduction for or on account of U.S. federal income tax from any payment it may make under any Facility Document.

  • For example, if a Member is not paid their Per Capita Distribution until ten (10) years following the year in which they became a Qualifying Recipient, the amount payable remains the same as it was in the year it became payable.

  • Ten business days prior to each Distribution Date, Buyer shall request confirmation from Seller that each Transferring Participant qualifies as a Qualifying Recipient, and such confirmation shall be deemed given for all purposes under this Section if notice to the contrary is not received within 3 Business Days prior to the Distribution Date.


More Definitions of Qualifying Recipient

Qualifying Recipient has the meaning set forth in Section 4.16.
View Source
Qualifying Recipient means any eligible recipient who has been awarded a grant from the authority to provide supervision to Utah’s homeless or impoverished in the form of housing, food, physical or mental health services, language acquisition instruction, or other basic needs to prevent or alleviate homelessness or poverty in Utah.
View Source

Related to Qualifying Recipient

  • qualifying individuals means individuals who have been, or without the assistance might otherwise be—

  • Intended Recipient means any person or party to whom any Messages are intended by the sender to be sent through or incidental to any of the Tradelink Services.

  • Qualifying Party means (a) an Additional Limited Partner; (b) an Immediate Family Member, or a lending institution as the pledgee of a Pledge, who is the transferee in a permitted transfer pursuant to Section 11.3; or (c) a Substituted Limited Partner succeeding to all or part of the Limited Partner Interest of (i) an Additional Limited Partner or (ii) an Immediate Family Member, or a lending institution who is the pledgee of a Pledge, who is the transferee in a permitted transfer pursuant to Section 11.3.

  • Sub-Recipient means a partner, joint venturer, director, employee, agent and subcontractors of a Recipient to whom a Recipient must disclose Confidential Information.

  • Qualifying Individual means an individual aged 18 years or over who is deemed to be resident in the UK for tax purposes. This includes a non-resident who performs duties which by virtue of Section 28 of the Income Tax (Earnings & Pensions) Act 2003 are treated as being performed in the UK (Crown employees serving overseas) or is married to, or is in a civil partnership with a person who performs such duties.