Life Right Holder definition

Life Right Holder means the life right holder as identified in the Covering Schedule, being the person entitled to occupy the Unit pursuant to this Agreement, and shall be a Retired Person as defined.
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Life Right Holder means the a person entitled to occupy a particular Unit pursuant to a Life Right Agreement, and shall be a Retired Person as defined.
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Life Right Holder means the life right holder, being the person entitled to occupy a Unit pursuant to a Life Right agreement.
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Examples of Life Right Holder in a sentence

  • This Agreement will endure while the Client is a member of an association or other governing body within the Scheme, whether by way of freehold ownership, sectional title ownership or as a Life Right Holder.

  • If the Life Right Holder requires additional meals and additional services, he or she shall conclude a separate agreement therefor with the Residents’ Association.

  • University contractors are to report positive results to their employers.The university has an existing reporting system to allow students and employees to report confidentially if they test positive for COVID-19, have been diagnosed with COVID-19, or have had exposure to COVID-19.

  • The cost of insurance arranged by the Residents’ Association will be factored into and included in the Contributions payable by the Life Right Holder to the Residents’ Association.

  • Should the provisions of the Consumer Protection Act, (Act 68 of 2008), apply to this Agreement and conclusion of this Agreement be the result of direct marketing, the Life Right Holder is hereby reminded of his/her right to cancel this Agreement within a period of 5 (five) business days from signature date.

  • The Life Right Holder or Nominated Occupant acknowledges and agrees to the development of the Scheme in phases as provided for in terms of Section 25 of the Sectional Titles Act, as amended from time to time.

  • At the request of the Grantor and prior to the Occupation Date the Life Right Holder shall conclude a written agreement with the Health Care Operator in respect of the Basic Services.

  • The Life Right Holder shall not be entitled to cede or assign their rights under this Agreement.

  • By signing this agreement the Life Right Holder hereby agrees to be bound to the provisions of this Agreement and the provisions of the Residents’ Association Constitution and Conduct Rules.

  • The risk borne by the Life Right Holder shall include, but not be limited to, the costs of repair, internal maintenance and upkeep of the Unit and any excess payments in respect of insurance claims instituted under the property insurance policy of the Unit as referred to in clause 14.1.


More Definitions of Life Right Holder

Life Right Holder means the natural person (or persons) who has purchased the right to occupy an Assisted Living Unit; and
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Life Right Holder means the holder of a life-long right of occupation within the Scheme.
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Related to Life Right Holder

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Rights Holder means the holder of the Call Rights.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Deceased Holder Not applicable.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Holder or Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of the Trust Deed.

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Option Holders means the holders, or individually a holder, of Stock Options, together with their successors and assigns.

  • Contract Holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Unit Holder means the owner of one or more Units.

  • Class A Shareholder means a holder of Class A Shares;

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Effective FTR Holder means:

  • Company Optionholder means a holder of Company Options.