By representation definition

By representation means that if a child of the participant dies before the participant dies, that child’s share will be divided equally among his or her children.
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By representation means your benefit will be divided into as many equal shares as there are, at the time payment is made, living descendants in the nearest degree of kinship and deceased descendants in the same degree of kinship who have living descendants. One share will go to each living descendant in the nearest degree of kinship and the share of a deceased descendant in the nearest degree of kinship will be divided in the same manner among his or her living descendants. In general, this means that your benefit will be divided into equal shares among your living children plus deceased children who have living children. The share of a deceased child will be divided equally among his or her living children.

More Definitions of By representation

By representation means that, if a child of the par- ticipant dies before the participant dies, that child’s share will be divided equally among his or her chil- dren.

Related to By representation

  • Major Representation means a representation or warranty with respect to the Borrower or the Merger Sub only under any of Clause 18.2 (Status) to Clause 18.6 (Validity and admissibility in evidence) inclusive.

  • Company Representations means the representations and warranties of the Company expressly and specifically set forth in Article IV of this Agreement, as qualified by the Company Schedules. For the avoidance of doubt, the Company Representations are solely made by the Company.

  • Excluded Representations has the meaning set forth in Section 7.3(a).

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Acquisition Agreement Representations means the representations and warranties with respect to the Companies made by the Seller in the Acquisition Agreement to the extent a breach of such representations and warranties is material to the interests of the Lenders, but only to the extent that the Borrower or its Affiliates have the right to terminate its or their obligations under the Acquisition Agreement (or decline to consummate the Rockwood Acquisition) as a result of a breach of such representations in the Acquisition Agreement.