Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

Beneficiaries as used in this Agreement shall mean a beneficiary or beneficiaries so designated to receive any such amount, or if no beneficiary has been so designated, the legal representative of the Executive's estate. No right, benefit, or interest hereunder, shall be subject to anticipation, alienation, sale, assignment, encumbrance, charge, pledge, hypothecation, or set-off in respect of any claim, debt, or obligation, or to execution, attachment, levy, or similar process, or assignment by operation of law. Any attempt, voluntary or involuntary, to effect any action specified in the immediately preceding sentence shall, to the full extent permitted by law, be null, void, and of no effect.

Examples of Beneficiaries in a sentence

The rights and remedies of the Beneficiaries hereunder are cumulative and are not exclusive of any rights or remedies that they would otherwise have hereunder.
This Guaranty may not be modified or amended except by an instrument or instruments in writing signed by the Beneficiaries and the Guarantors.
This Guaranty is for the benefit of each of the Beneficiaries and their respective successors and assigns, all of whom shall be express third party beneficiaries under this Guaranty and shall be entitled to enforce their rights hereunder.
This Guaranty, the LLC Interest Sale Agreement, the LLC Agreement, the Participation Agreement and the other Ancillary Documents (including the Schedules and Exhibits hereto and thereto) embody the entire agreement and understanding of the Guarantors and the Beneficiaries and their respective Affiliates with respect to the transactions contemplated hereby and merge in, supersede and cancel all prior written or oral commitments, arrangements or understandings with respect thereto.
Third-Party Beneficiaries This Agreement is for the sole benefit of the parties hereto and their respective successors and permitted assigns, and nothing herein is to be construed to give any person or entity, other than the parties hereto and their respective successors and permitted assigns, any legal or equitable rights hereunder.

More Definitions of Beneficiaries

Beneficiaries means Bondholders and, to the extent specified in the Indenture, Noteholders and the parties to and beneficiaries of ancillary and swap contracts.

Beneficiaries means the registered holders from time to time of Exchangeable Shares, other than Acquiror and its Affiliates;

Beneficiaries means, collectively, the Related Beneficiaries of all Sub-Trusts, and “Beneficiary” means any of such Beneficiaries.

Beneficiaries means more than one Beneficiary.

Beneficiaries means the Covered Bondholders and the Other Issuer's Creditors as beneficiaries of the Covered Bond Guarantee.

Beneficiaries has the meaning set forth in Section 11.3 of this Agreement.

Beneficiaries has the meaning specified in Section 10.01.