Beneficary definition

Beneficary means the person that the Executive designated most recently in writing to the Trustee; provided, however, that if the Executive has failed to make a designation, no person designated is alive, no trust has been established, or no successor Beneficiary has been designated who is alive, the term Beneficiary means (a) the Executive's spouse or (b) if no spouse is alive, the Executive's surviving children, or (c) if no children are alive, the Executive's parent or parents, or (d) if no parent is alive, the legal representative of the deceased Executive's estate.
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Beneficary. The Ministry of Economy, Trade and Energy of the Republic of Albania, METE Blvd. Deshmoret e K▇▇▇▇▇ ▇▇.▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ The Contractor: The Temporary Union of Companies; “Interenergo Albania” sh.p.k, “Potenza Skupina” dd and “SGP Pomgrad d.d.” The Guarantor:
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Examples of Beneficary in a sentence

  • Date ………………………………………………… Stamp (if applicable) [add a page for each additional Beneficary] THE BENEFICIARIES (give name) Authorised to sign on behalf of: Signature …………………………………………..

  • Trustor shall pay before they become delinquent all taxes, assessments and other governmental charges which may be levied or assessed against the Property, or against Beneficiary or Trustee upon this Deed of Trust or the Note or other debt secured by this Deed of Trust, or upon Beneficiary’s or Trustee’s interest in the Property, and upon request by Beneficary deliver to Beneficiary receipts showing timely payment.

  • The term Beneficiary shall mean the owner and holder, including pledgees, of the Secured Obligations, whether or not named as Beneficary herein.

  • In exercising any of said remedies, Beneficary may proceed against the items of real property and any items of personal property specified as part of the Mortgaged Property separately or together and in any order whatsoever, without in any way affecting the availability of Beneficiary's remedie, under the Uniform Commercial Code or of the remedies otherwise provided in this instrument.

  • The Death Benefit will be paid to the Beneficiary in a single sum unless the Beneficary elects a different form of Death Benefit payout and provided that we offer such at the time the Death Benefit is payable.

  • Any exceptions to any one of the Representations appearing in this Exhibit to the Guarantee Agreement or in any of the Appendices which are an integral part hereof, shall be deemed to be enforceable against the Beneficary with respect to another Representation where the exception raised necessarily applies to such other Representation by reason of its context.

  • If the Grant Agreement is not signed by the Granting Authority or a Beneficary, or the Grant Agreement is terminated, or a Party's participation in the Grant Agreement is terminated, this Consortium Agreement shall automatically terminate in respect of the affected Party/ies, subject to the provisions surviving the expiration or termination under 3.3 of this Consortium Agreement.

  • ESENTS ITNESS AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: The Beneficary, hereby , covenants: That the Beneficiary will comply with and faithfully observe all terms and conditions f the said Scheme and also all the subsequent amendments and modifications and additions thereto together with the conditions of the sanction of the said financial assistance.

Related to Beneficary

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.