Beneficiary or recipient definition
Beneficiary or recipient means the individual or organization for whom federal funds are intended.
Beneficiary or recipient means the individual or organization for whom federal funds are intended. “CPE” means the Kentucky Council on Postsecondary Education.
Examples of Beneficiary or recipient in a sentence
If, upon the acceptance of an application for assistance for a Beneficiary, or thereafter, the Trustee receives non-cooperation or non-compliance with its reporting or accounting requirements from the Beneficiary, or recipient on behalf of a Beneficiary, of Trust funds, the Trustee may, in the Trustee's sole discretion, withhold, withdraw, or postpone funds, support and/or distributions already earmarked for such Beneficiary.