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Retiring Beneficiary definition

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

  • 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”).

Related to Retiring Beneficiary

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • 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.

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

  • land reform beneficiary , in relation to a property, means a person who -

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

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • 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.

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

  • 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.

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

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

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • 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.

  • Disability Benefit means the benefit set forth in Article 8.

  • Spouse means, an individual who,

  • 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;

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

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

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

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

  • Beneficiary Designation Form means the form established from time to time by the Plan Administrator that the Executive completes, signs and returns to the Plan Administrator to designate one or more Beneficiaries.

  • 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.

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.