Senior beneficiary definition

Senior beneficiary means the beneficiary of a deed of trust
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Senior beneficiary has the meaning given to the term in the Security Deed.
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Senior beneficiary means the beneficiary of a deed of trust that has priority over any other deeds of trust encumbering the same residential real property.
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Examples of Senior beneficiary in a sentence

  • Any changes, modifications, or 29 deviations to any approved budget line item must be approved in advance and in writing by 30 ADMINISTRATOR and annotated on the monthly Expenditure and Revenue Report, or said cost 31 deviations may be subject to disallowance.

  • PSC comprises of:• Executive Ministry of Devolution and Planning who are the programme owners• Senior supplier UNDP, UNICEF, SIDA, Norway, UN Women who are the programme financiers• Senior beneficiary MoDP, CoG, CRA, select sector ministries and agencies who represent the interests of the individuals who will ultimately benefit from the programmeProject Technical CommitteeThe technical committee comprises of sub-committees organised according to the pillars and meets on a monthly basis.

  • General Police Inspectorate will represent the project beneficiary, which has the overall coordination responsibility in the specific areas of justice sector reform;- Senior beneficiary - The Ministry of Internal Affairs, General Police Inspectorate;- Senior supplier - project donors: U.S. Government, UNDP.


More Definitions of Senior beneficiary

Senior beneficiary. The Senior Beneficiary is an individual or group of individuals representing the interests of those who will ultimately benefit from the project. The Senior Beneficiary’s primary function within the Board is to ensure the realization of project results from the perspective of project beneficiaries. The Senior Beneficiary role is held by a representative of the government or civil society. The Senior Beneficiary are the DGEF (General Directorate for Environment and Forests) and the DGEME (General Directorate for Energy, Mines and Water),
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Senior beneficiary s Claim Certificate" means a duly completed certificate in the form set out in schedule 5 of the Security Trust and Intercreditor Deed with such amendments as the Security Trustee may have authorised in writing;
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Related to Senior beneficiary

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

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

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

  • 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.

  • 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.

  • 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.

  • Spouse means, an individual who,