Distribute benefits Clause Samples
The "Distribute benefits" clause defines how the advantages, profits, or other positive outcomes resulting from an agreement or project are allocated among the involved parties. Typically, this clause outlines the method or formula for dividing benefits, such as specifying percentage shares, timelines for distribution, or conditions that must be met before distribution occurs. Its core practical function is to ensure transparency and fairness in the allocation process, thereby preventing disputes and misunderstandings regarding who is entitled to what portion of the benefits.
Distribute benefits. Financial and other reporting in connection with policyowner and processing services. Exhibit A-4 Actuarial Services Actuarial related services including but not limited to:
Distribute benefits. Financial and other reporting in connection with policyowner/contractowner/account owner, claims and other business processing services. Actuarial related services including but not limited to:
Distribute benefits. Maintain compliance with New York Registration 60. A-4. FINANCIAL MANAGEMENT SERVICES ReliaStar Life shall provide the following Financial Management Services to RLNY:
