Subproject Beneficiary definition

Subproject Beneficiary means a Market Center or village.
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Subproject Beneficiary means the person or entity to benefit from Subgrants awarded for Subprojects, as hereby defined.
Sample 1
Subproject Beneficiary means the beneficiary selected to benefit from a given Subproject, pursuant to criteria set forth in the POM.
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Examples of Subproject Beneficiary in a sentence

  • An appraisal committee, with representatives from MIWD, RWB and the District Assembly, shall evaluate whether or not a proposed Subproject Beneficiary has met the requirements at each stage of the process.

  • On the basis of the MOA, the Recipient shall cause NDFC, as the financial intermediary of the Recipient, to make a portion of the proceeds of the OTF Grant available to each Subproject Beneficiary to carry out its respective Subproject, under the Project, under a Subgrant Agreement, which shall have been approved by the Trustee, to be entered into between NDFC and each Beneficiary in accordance with the provisions of Section 3.05 of, and Schedule 4 to, this Agreement.

  • Table8: Weighted Average Cost of Capital – Rice Mill Subproject Beneficiary ProjectCommercial LoanEquityTotalWeight (%)60.0%30.0%10.0%100.0%Nominal Cost (%)8.0%13.0%20.0% Tax Rate (%)0.0%24.0%0.0% Tax Adjusted Nominal Cost (%)8.0%9.9%20.0% Inflation Rate (%)1.5%1.5%1.5% Real Cost (%)6.4%8.3%18.2% Weighted Component of WACC (%)3.8%2.5%1.8% WACC (Real Terms) 8.1%WACC = weighted average cost of capital.


More Definitions of Subproject Beneficiary

Subproject Beneficiary means any private or public sector entity which shall carry out a Subproject, using a portion of the proceeds of the OTF Grant; and
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Subproject Beneficiary means a: (i) organization, association and/or community under any given Territorial Governance Subproject and Livelihood Subproject; (ii) university and/or professional institute under any given Promotion of Higher Education Subproject; and (iii) university and/or employment association, under any given Promotion of Employment Subproject; which meets the eligibility criteria set forth in the Operational Manual to receive or benefit from Subproject Funds.
Sample 1

Related to Subproject Beneficiary

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

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

  • 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.

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

  • 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.

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

  • SERP Benefit means the benefit described in Section 5.1.

  • primary beneficiary means the individual for whose primary benefit the trust is then held.

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

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

  • 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.

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

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

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Restoration Retainage as used in this Subsection 7.4(b) shall mean an amount equal to 10% of the costs actually incurred for work in place as part of the Restoration, as certified by the Casualty Consultant, until such time as the Casualty Consultant certifies to Lender that Net Proceeds representing 50% of the required Restoration have been disbursed. There shall be no Restoration Retainage with respect to costs actually incurred by Borrower for work in place in completing the last 50% of the required Restoration. The Restoration Retainage shall in no event, and notwithstanding anything to the contrary set forth above in this Subsection 7.4(b), be less than the amount actually held back by Borrower from contractors, subcontractors and materialmen engaged in the Restoration. The Restoration Retainage shall not be released until the Casualty Consultant certifies to Lender that the Restoration has been completed in accordance with the provisions of this Subsection 7.4(b) and that all approvals necessary for the re-occupancy and use of the Property have been obtained from all appropriate governmental and quasi-governmental authorities, and Lender receives evidence satisfactory to Lender that the costs of the Restoration have been paid in full or will be paid in full out of the Restoration Retainage, provided, however, that Lender will release the portion of the Restoration Retainage being held with respect to any contractor, subcontractor or materialman engaged in the Restoration as of the date upon which the Casualty Consultant certifies to Lender that the contractor, subcontractor or materialman has satisfactorily completed all work and has supplied all materials in accordance with the provisions of the contractor’s, subcontractor’s or materialman’s contract, and the contractor, subcontractor or materialman delivers the lien waivers and evidence of payment in full of all sums due to the contractor, subcontractor or materialman as may be reasonably requested by Lender or by the title company insuring the lien of the Security Instrument. If required by Lender, the release of any such portion of the Restoration Retainage shall be approved by the surety company, if any, which has issued a payment or performance bond with respect to the contractor, subcontractor or materialman.

  • Joint Annuitant means the one person that a retired member who has elected an optional

  • Retirement Benefit means the benefit set forth in Article 5.

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

  • Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

  • Annuitant means a person who receives a retirement allowance or a disability allowance;

  • Net Benefits Test means a calculation to determine whether the benefits of a reduction in price resulting from the dispatch of Economic Load Response exceeds the cost to other loads resulting from the billing unit effects of the load reduction, as specified in Operating Agreement, Schedule 1, section 3.3A.4 and the parallel provisions of Tariff, Attachment K-Appendix, section 3.3A.4.

  • Joint and Survivor Annuity means an immediate annuity for the life of a Participant with a survivor annuity for the life of the Participant's Spouse which is not less than fifty percent (50%), nor more than one hundred percent (100%) of the amount of the annuity payable during the joint lives of the Participant and the Participant's Spouse which can be purchased with the Participant's Vested interest in the Plan reduced by any outstanding loan balances pursuant to Section 7.4.

  • Qualified Joint and Survivor Annuity means an immediate annuity for the life of a Participant, with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse, and which is the amount of benefit that can be purchased with the Participant's Vested Account Balance. The percentage of the survivor annuity under the Plan shall be 50%.

  • Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • 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.