Spousal equivalent definition
Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse.
Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse. “Joint net worth” is the aggregate net worth of a person and spouse or spousal equivalent; assets do not need to be held jointly to be included in the calculation.)
Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse.)
Examples of Spousal equivalent in a sentence
Spousal equivalent is defined as a person living in a committed co-habitational relationship where both parties share responsibilities for finances and major decisions, with a duration of at least one year.
Spousal equivalent is defined as a person living in a committed co-habitational relationship where both parties share responsibilities for finances and other major decisions, with a duration of at least one year.
Spousal equivalent is defined as a person living in a committed co-habitational relationship where both parties share responsibilities for finances and major decisions, with duration of at least one year.
Spousal equivalent is defined as a person living in a committed co-habitional relationship where both parties share responsibilities for finances and other major decisions, with a duration of at least one- year.
More Definitions of Spousal equivalent
Spousal equivalent means a person who is in a family-type living arrangement with a parent and who would be a stepparent if married to that parent.
Spousal equivalent means a person who meets the following conditions: (i) irrespective of whether or not the relevant person and the Spousal Equivalent are the same sex, they are the sole spousal equivalent of the other for the last 12 months, (ii) they intend to remain so indefinitely, (iii) neither are married to anyone else, (iv) both are at least 18 years of age and mentally competent to consent to contract, (v) they are not related by blood to a degree of closeness that would prohibit legal marriage in the state in which they legally reside, (vi) they are jointly responsible for each other’s common welfare and financial obligations, and (vii) they have resided together in the same residence for the last 12 months and intend to do so indefinitely.
Spousal equivalent means an individual who: (A) is in an exclusive, continuous, committed relationship with the relevant Stockholder, has been in that relationship for the twelve (12) months prior to the relevant date and intends to be in that relationship indefinitely; (B) has no such relationship with any other person and is not married to any other person; (C) shares a principal residence with the relevant Stockholder; (D) is at least 18 years of age and legally and mentally competent to consent to contract; (E) is not related by blood to the relevant stockholder to a degree of kinship that would prevent marriage from being recognized under the law of the state in which the individual and the relevant Stockholder reside; and (F) is jointly responsible with the relevant Stockholder for each other’s common welfare and financial obligations; provided that any Stockholder who wishes to Transfer stock to a Spousal Equivalent under Section 10.2(b)(ii) above must provide proof of (i) a joint mortgage, (ii) a joint lease or (iii) a joint bank account, in each case held by both the Stockholder and their Spousal Equivalent.
Spousal equivalent means any two natural persons if the relevant person and the related party are registered as “domestic partners” or the equivalent thereof under the laws of their state of residence or any other law having similar effect or provided the following circumstances are true: (a) irrespective of whether or not the relevant person and the Spousal Equivalent are the same sex, they are the sole spousal equivalent of the other for the last twelve (12) months, (b) they intend to remain so indefinitely, (c) neither are married to anyone else, (d) both are at least eighteen (18) years of age and mentally competent to consent to contract, (e) they are not related by blood to a degree of closeness that which would prohibit legal marriage in the state in which they legally reside, (f) they are jointly responsible for each other’s common welfare and financial obligations, and (g) they reside together in the same residence for the last twelve (12) months and intend to do so indefinitely.
Spousal equivalent means the Holder’s spouse or a cohabitant occupying a relationship generally equivalent to that of a spouse.
Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse. ☐ (t) A natural person who had individual income exceeding $200,000 in each of the last two calendar years, or joint income with his or her spouse or spousal equivalent exceeding $300,000 in each of the last two calendar years, and who has a reasonable expectation of reaching the same income level in the current calendar year. ☐ (u) A director, executive officer or general partner of the Company, or a director, executive officer or general partner of a general partner of the Company. ☐ (v) A natural person who holds, in good standing, one of the following professional certifications or licenses: the General Securities Representative license (Series 7); the Private Securities Offerings Representative license (Series 82); or the Investment Adviser Representative license (Series 65).
Spousal equivalent means one of two persons who have lived together for at least one year in a close personal relationship that is of primary importance in both persons’ lives.