Retiring Beneficiary definition

Retiring Beneficiary shall have the meaning set forth in Clause 13.3.2 of this Consortium Agreement.

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Retiring Beneficiary shall have the meaning set forth in Clause 13.2.2.

Examples of Retiring Beneficiary in a sentence

• The Retiring Beneficiary shall first submit to and agree with the Steering Committee and with the Beneficiaries affected by its contemplated termination, on a plan to mitigate and minimize the disruption of the Action due to the Retiring Beneficiary’s termination of its participation in the Action (the “Mitigation Plan”).

• The Retiring Beneficiary shall provide the Coordinator with such documentation as specified in Articles 32.2.1 and 32.2.2 of the Grant Agreement for transmission to the IHI JU.

• The Retiring Beneficiary shall provide the Coordinator with such documentation as specified in Articles 50.2 of the Grant Agreement for transmission to the IMI2 JU.

• The Retiring Beneficiary shall submit to and agree with the Managing Board on a plan to mitigate and minimize the disruption of the Action due to the Retiring Beneficiary’s termination of its participation in the Action (the “Mitigation Plan”).

• The Retiring Beneficiary shall, to the extent applicable, provide the Coordinator with such documentation as specified in Articles 32.2.1 and 32.2.2 of the Grant Agreement for transmission to the IHI JU.