Recipient Beneficiary definition

Recipient Beneficiary means a person or persons designated or deemed as such pursuant to Section 6.3(b).
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Recipient Beneficiary shall have the meaning set forth in Clause 8.1.1 of this Consortium Agreement relating to the transfer of Materials.
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Recipient Beneficiary shall have the meaning ascribed to it in Clause 9.1 of the Consortium Agreement.
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Examples of Recipient Beneficiary in a sentence

  • The Recipient Beneficiary using the Materials shall bear all risk to it and/or any other risks resulting, directly or indirectly, from its use, application, storage or disposal/destruction of the Materials.

  • No designated Recipient Beneficiary shall, prior to the death of a Participant, acquire any interest in the Common Stock or cash credited to a Participant under the Plan.

  • Upon the death of a Participant, a Recipient Beneficiary, or a spouse entitled under this Section 6.3(b), shall provide proof of identity and existence to the Plan Administrator.

  • Council Member Manzione motioned to approve Subdivision Plat Amendment Request by Cook Builders.

  • Prepare the final Project Completion Report, including the General Report, Recipient Beneficiary Report, Final Financial Interest Report, and any required documentation regarding citizen participation/equal rights/fair housing and Certificate of Completion.

  • Each Participant may file with the Plan Administrator a written designation of a Recipient Beneficiary who is to receive any Common Stock registered in the name of the Participant, solely or as tenant-in-common, and any cash balance withdrawn from the Participant's Individual Account pursuant to Section 4.6(b) following the Participant's death.

  • Each Participant and Inactive Participant, or their respective Recipient Beneficiary, if applicable, however, shall be responsible for the payment of all individual tax liabilities relating to any such amounts.

  • If any Materials are transferred for Research Use from the Providing Beneficiary to a Recipient Beneficiary, or to its Affiliated Entities, Linked Third Parties, Associated Partners and/or Sub-Contractors, on request of the Providing Beneficiary, a material transfer agreement may be established between the Providing and Receiving Beneficiary to implement appropriate provisions.

  • Each Participant may file with the Plan Administrator a written designation of an Administrative Beneficiary, whose sole duties shall be to provide the written notice required in Section 4.6(b) and to receive notice from the Plan Administrator of the lifting of the transfer restrictions pursuant to Section 5.3. The Administrative Beneficiary shall be an individual and may be a Recipient Beneficiary; however, the Participant may not designate more than one (1) Administrative Beneficiary.

  • If a Participant shall not have designated any Recipient Beneficiary under this Plan, the Participant's Recipient Beneficiary shall be deemed to be the person or persons designated by the Participant as the primary beneficiary under EMCC's group life insurance plan.

Related to Recipient Beneficiary

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

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

  • 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.

  • 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.

  • Other Participant means a cooperative project participant other than the United States.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • 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.

  • 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.

  • 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.

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

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

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Accrued Benefit have the meanings specified in ERISA.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Retirement Benefit means the benefit set forth in Article 5.

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

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • SERP Benefit means the benefit described in Section 5.1.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Termination Benefit means the benefit set forth in Article 7.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Participant has the meaning specified in Section 10.06(d).

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • 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;

  • Requesting Participant means a Participant initiating an RFQ.