Sole benefit definition

Sole benefit of a beneficiary means a trust benefits no one but that beneficiary, whether at the time the trust is established or at any time during the lifetime of the beneficiary.
Sole benefit means the benefits derived from the transmission customer’s modifications, updates, or addition of facilities which are triggered by a customer’s connection transformation needs (including reliability requirements and power quality needs or impacts), and are not prompted by the need to adequately supply the pool of load customers.
Sole benefit means with respect to the generator customer(s)’s modifications, updates, or addition of facilities to the transmission system which are triggered by a generator(s) connection needs (including reliability requirements and power quality needs or impacts) and are not prompted by the need to adequately supply the pool of load customers.

More Definitions of Sole benefit

Sole benefit means no one else may benefit from the asset transfer. Actuarial