Beneficiary(ies) definition

Beneficiary(ies) means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

Beneficiary(ies) means the individual or individuals designated in the Application by the Subscriber(s) to whom, or on whose behalf, Educational Assistance Payments are agreed to be paid, provided such individual qualifies under the Applicable Legislation and the Plan at the time such payments are made;

Beneficiary(ies). The natural person(s) or entity(ies) designated as the recipient of the Death Benefit, or to whom any remaining Period Certain payments may be paid in accordance with the "Annuity Payout Options" section of the Annuity.

More Definitions of Beneficiary(ies)

Beneficiary(ies) means the person, persons, trust or trusts designated by the Eligible Employee or in the absence of any designation by the Eligible Employee, a person or persons who is/ are entitled by the will of the Eligible Employee to receive the benefits specified in the Plan, the legal heirs of the Eligible Employee, if the Eligible Employee dies intestate and includes his executors or administrator, if no other beneficiary is designated and able to act under the circumstances and such other persons as may be added from time to time to the class of beneficiaries by notice in writing and by the nomination form in the exercise of any powers conferred under the Plan or any other agreements forming part thereof.

Beneficiary(ies) means the individual, institution, trustee, or estate designated by the Participant to receive the Participant's benefits at his or her death.

Beneficiary(ies) means the individual or individuals designated in the Application by the Subscriber(s) to whom, or on whose behalf, Educational Assistance Payments are agreed to be paid, provided each such individual qualifies under the Applicable Legislation and the Plan at the time such payments are made;

Beneficiary(ies) means such individual(s) or entity(ies) designated on the most recent valid Beneficiary Designation Form that the Participant has properly submitted to the Corporation or in accordance with Section VII of this Plan, if there is no valid Beneficiary designation.

Beneficiary(ies). The Death Benefit is payable to the Beneficiary(ies). You may designate more than one primary or contingent Beneficiary. If you make such a designation, the proceeds are payable in equal shares to the survivors in the appropriate Beneficiary class, unless you request otherwise in Good Order. Unless otherwise required by law, if the primary Beneficiary(ies) predeceases the decedent, the Death Benefit proceeds will become payable to the contingent Beneficiary(ies). If the Beneficiary(ies) dies after the death of the decedent, the Death Benefit proceeds will be payable to the Beneficiary's(ies') estate(s) upon our receipt of Due Proof of Death of the decedent. If no Beneficiary is alive when the Death Benefit proceeds are determined or there is no Beneficiary designation, the proceeds will vest in any surviving Owner(s), including an Owner that is an entity. If there is no surviving Owner(s), the proceeds will vest in your estate.

Beneficiary(ies) means the person(s), natural or corporate, in whatever capacity, designated by a Participant pursuant to this Plan, or the person otherwise deemed to constitute the Participant's beneficiary under Article V(B)(2) hereof.

Beneficiary(ies) means the person(s) you designate in writing on a form prescribed by the Trust (which must be signed by you) to receive any Survivor Benefits that may become payable under this Plan pursuant to Section 3.9.3. You may change your Beneficiary designation at any time by properly completing the beneficiary designation form prescribed by the Trust and submitting it to the Trust Office. Once the Trust Office receives your Beneficiary designation or change form, your Beneficiary designation or change will become effective on the date you signed the form. However, if the Trust has already paid the Survivor benefit on your behalf before the Trust Office receives your form, the Trust will have no further obligations under this Plan or to the beneficiary you named. If your Beneficiary dies before you, that Beneficiary’s rights and interests under the Plan will end as of the date of his or her death. See Section 3.9.3 of this Plan Document for more information about Survivor benefits.