Benefit Date definition

Benefit Date means the date that the recipient receives the business subsidy. If the business subsidy involves the purchase, lease, or donation of physical equipment, then the benefit date begins when the recipient puts the equipment into service. If the business subsidy is for improvements to property, then the benefit date refers to the earliest date of either:

Benefit Date. [September 1, 2013] The later of the Contract Anniversary following the [59th] birthday of the Designated Life or the Rider Effective Date.

Benefit Date means the date on which the recipient receives the business incentive. If the business incentive involves the purchase, lease, or donation of physical equipment, the benefit date is the date when the recipient puts the equipment into service. If the business incentive is for improvements to property, the benefit date is the earlier of either when the improvements are finished for the entire project or when a business occupies the property. If a business occupies the property and the business incentive grantor expects that other businesses will also occupy the same property, the grantor may assign a separate benefit date for each subsequent business when that subsequent business first occupies the property.

Examples of Benefit Date in a sentence

• In such case, the Guaranteed Lifetime Withdrawal Benefit will continue, the Second Life will become the Annuitant for purposes of determining the Death Benefit Date and the Contract Maturity Date and the Death Benefit will not become payable for any Class of Units until the death of the Second Life.

• The Developer agrees to continue operations within the City for at least five (5) years after the Benefit Date.

• When Insurance Takes Effect Except as stated below, the Spouse Disability Option takes effect on the Current Benefit Date if the Eligible Spouse is performing the normal activities of a person in good health of like age on the Current Benefit Date or, if the Contribution is paid after the Current Benefit Date, the Eligible Spouse is performing such normal activities when the Contribution is paid.

• The Death Benefit Date will not occur until the death of the surviving Annuitant.

• No benefits will be paid for any disability occurring before the Current Benefit Date or, if later, before the date the Contribution is paid.

More Definitions of Benefit Date

Benefit Date means the date on which the recipient receives the business

Benefit Date means, for a Participant, the first day of the calendar year immediately following the calendar year in which his Retirement Date shall occur, upon which an amount of benefit shall be payable to him under this Plan.

Benefit Date means the date that the recipient receives the business subsidy. If the business

Benefit Date means the date when the Borrower occupies the Project, but shall be no later than March 31, 2011.

Benefit Date means the earlier of: a) the date the purchase of equipment, automation tooling, molds, manufacturing cells and fixtures is put into service; or b) June 30, 2017.

Benefit Date means August 28, 2006.

Benefit Date means, pursuant to Section 116J.993, Subd. 2, the date the Developer receives a business subsidy.