Primary Beneficiaries Sample Clauses

Primary Beneficiaries. Unless the Account Owner (“Owner”) otherwise specifies, the Account will be paid in equal shares to the primary Beneficiary or Beneficiaries who survive the Owner. If the Owner specifies percentage (or fractional) shares for the primary Beneficiaries and if some but not all such Beneficiaries fail to survive the Owner, the Account will be divided among the surviving primary Beneficiaries in proportion to the relative percentage (or fractional) shares of each, unless the owner has stipulated a Per Stirpes designation. 2.
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Primary Beneficiaries. If the Executive shall die prior to receipt of all amounts payable to him under the Trust, all Trust benefits shall be paid to the following beneficiaries: [Insert names of beneficiaries and percentages allocable to each such beneficiary and relationship] Name Percentage/Fraction of 2010 Bonus Relationship to the Executive Secondary Beneficiaries If no primary beneficiary, above, survives the Executive by fifteen (15) days or, if such primary beneficiary is a trust such trust is not then in existence, the following beneficiaries shall be entitled to the Executive’s benefits under the Trust: [Insert names of beneficiaries and percentages allocable to each such beneficiary and relationship] Name Percentage/Fraction of 2010 Bonus Relationship to the Executive
Primary Beneficiaries. The Accepting Shareholders; and
Primary Beneficiaries. If you're naming only one primary beneficiary, put 100% in the “%” column. If you're naming more than one primary beneficiary, you must indicate what percentage each is to receive. The total MUST equal 100%.
Primary Beneficiaries. RELATIONSHIPS: -------------------------------------------------------
Primary Beneficiaries. (1) Unless you have otherwise specified in the Beneficiary des- ignation, the Account will be paid in equal shares to the pri- xxxx Xxxxxxxxxxxxx who survive you.
Primary Beneficiaries. Unless the Depositor otherwise specifies, the Custodial Account will be paid in equal shares to the primary Beneficiary or Beneficiaries who survive the Depositor. If the Depositor specifies percentage (or fractional) shares for the primary Beneficiaries and if some but not all such Beneficiaries survive the Depositor, the Custodial Account will be divided among the surviving primary Beneficiaries in proportion to the relative percentage (or fractional) shares of each; provided, however, that in lieu of such division, the Depositor may elect, on the applicable beneficiary designation form, to have the Custodial Account divided per stirpes among the primary Beneficiaries and their respective issue.
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Primary Beneficiaries. Upon the Account Owner’s death, the eligible assets in the Account shall be transferred to the person(s) designated by the Account Owner as Primary Beneficiaries on the Beneficiary Form according to the allocation specified. Contingent Beneficiaries In the event any designated Primary Beneficiary does not survive the Account Owner, then that Primary Beneficiary’s allocated portion of the eligible assets in the Account shall pass to the corresponding Contingent Beneficiary(ies) listed on the Beneficiary Form in the proportion(s) specified in such form. Miscellaneous Beneficiary Information A Beneficiary designated on the Beneficiary Form under the terms of this Agreement must be a citizen of the United States of America or Canada, or a lawful resident of the U.S. Account Owner must indicate a tax identification number issued by the appropriate tax authority (in the United States of America or Canada) for each Beneficiary designated on the Beneficiary Form in order for the designation to be valid, except when a tax identification number has not been issued for a Beneficiary at the time the Account Owner executes the Beneficiary Form (e.g., when a newborn child who has not yet been issued a Social Security Number is designated as a Beneficiary; or when the Account Owner’s living trust is using the Account Owner’s Social Security Number for income tax reporting during the lifetime of the Account Owner). If numeric percentages indicated for Primary Beneficiaries do not equal 100% of the eligible assets in the Account or if the percentages indicated do not equal 100% of the portion designated to the Primary Beneficiary for which the Contingent Beneficiary(ies) is/are designated, as the case may be, the assets not apportioned shall be transferred to Beneficiaries otherwise entitled to distributions of the Account pro rata based on their proportional percentage interests.
Primary Beneficiaries. 3.1 The project will focus predominantly on young people and young adult offenders. Each offender will be allocated a resettlement or community broker to support them during their time in custody, on release and whilst subject to Community Orders.

Related to Primary Beneficiaries

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.

  • Beneficiaries The Executive may designate one or more persons or entities as the primary and/or contingent Beneficiaries of any Severance Benefits owing to the Executive under this Agreement. Such designation must be in the form of a signed writing acceptable to the Committee. The Executive may make or change such designations at any time.

  • Third Party Beneficiaries This Agreement is intended for the benefit of the parties hereto and their respective permitted successors and assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other person.

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