THE BENEFICIARY definition

THE BENEFICIARY means the person or persons who has/have been appointed by the Member as Nominee and whose name or names have been entered in the Bank Records.
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THE BENEFICIARY means the legal or natural person that was approved by the dti for incentives, and where the payment is ceded to a service provider, it also refers to the service provider.
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THE BENEFICIARY means or any other such person as may be agreed to by the beneficiary and the Trustees with the prior written approval of the Minister responsible for mineral resources or, should any person which is a beneficiary (i) commit an act which is or would, if such person were a natural person, be an act of insolvency (as defined in the Insolvency Act 1936), or (ii) be or become financially distressed (as defined in the Companies Act 71 of 2008) or (iii) be declared by a competent court to be insolvent (whether provisionally or finally), then with effect from the date of such event, the Department;
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Examples of THE BENEFICIARY in a sentence

  • THE BENEFICIARY The Beneficiary is the person to whom we pay death proceeds if any Owner dies prior to the Annuity Commencement Date.

  • THE BENEFICIARY SHALL NOT BE DEEMED TO HAVE WAIVED ANY RIGHTS UNDER THIS LETTER OF CREDIT, UNLESS THE BENEFICIARY OR AN AUTHORIZED AGENT OF THE BENEFICIARY SHALL HAVE SIGNED A DATED WRITTEN WAIVER.

  • THIS LETTER OF CREDIT MAY NOT BE AMENDED, CHANGED OR MODIFIED WITHOUT THE EXPRESS WRITTEN CONSENT OF THE BENEFICIARY AND THE ISSUER.

  • THE RECEIPT AND ACCEPTANCE OF THE TRUST CERTIFICATE BY THE BENEFICIARY, WITHOUT ANY SIGNATURE OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL ACCEPTANCE BY THE BENEFICIARY OF ALL THE TERMS AND PROVISIONS OF THIS AGREEMENT, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST THAT THE TERMS AND PROVISIONS OF THIS AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS BETWEEN THE TRUST AND THE BENEFICIARY.

  • THIS LETTER OF CREDIT MAY BE TERMINATED UPON BENEFICIARY’S RECEIPT OF FULL PAYMENT FROM THE APPLICANT AND ISSUER’S RECEIPT OF A WRITTEN RELEASE FROM THE BENEFICIARY RELEASING THE ISSUER FROM ITS OBLIGATIONS UNDER THIS LETTER OF CREDIT.


More Definitions of THE BENEFICIARY

THE BENEFICIARY means Krajowa Szkoła Administracji Publicznej im. Prezydenta Rzeczypospolitej Polskiej Lecha Kaczyńskiego (hereinafter KSAP, which is to say Poland’s Lech Kaczyński National School of Public Administration);
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THE BENEFICIARY means the person or persons who has/ have been nominated by the Member/s as beneficiary/ beneficiaries and whose name or names has/ have been sought and entered by the Policy Holder in the Register of Member/s;
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THE BENEFICIARY means, in relation to a Member, the person or persons who has/have been appointed by him in terms of these
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THE BENEFICIARY means in relation to a Member, the person or persons who has/have been appointed by him in terms of these Rules to receive the benefits under the Scheme in the event of his death- whilst being insured.
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THE BENEFICIARY means the person mentioned in paragraph (a) of the definition of “installation access contract” in subsection (9) above;
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THE BENEFICIARY means the said NIGEL ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇; and the expression extends to and includes his successors and permitted assigns;
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THE BENEFICIARY means the person or persons who has/have been appointed by a Scheme Member as Nominee or Nominees and whose name or names have been entered in the Register of Members kept by the Development Agency.
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