Original Beneficiary definition

Original Beneficiary means the person identified as the ‘Original Beneficiary’ in Schedule 2 (Parties and Notice Details).
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Original Beneficiary means any Beneficiary as defined in the Original Agreement.
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Original Beneficiary means any party that was a Beneficiary as of the Effective Date;
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Examples of Original Beneficiary in a sentence

  • If the material amount shall exceed the amount payable by or in respect of an Original Beneficiary the relevant Group Company shall account to such Original Beneficiary for such excess within thirty days of the determination of the actual amount payable.

  • No eBay Option may be exercised until the Original Beneficiary has entered into such arrangements as the eBay Board or its Delegate may from time to time reasonably require (and notify to the Original Beneficiary) to ensure that any such liabilities are accounted for to the satisfaction of eBay, the Company or the relevant eBay Group company.

  • Relationship of Original Beneficiary to initial/first ▇▇▇ owner: Spouse Non-Spouse THIS INFORMATION IS OPTIONAL AND IS USED TO CALCULATE THE RMD FOR THE ACCOUNT AND DISPLAY THIS AMOUNT ON THE STATEMENT.

  • Te Runanga and the Crown agree that the Crown, through the Minister of Maori Affairs, will request the Maori Land Court, pursuant to section 29 of the Te Ture Whenua Maori Act 1993, to identify all of the Successors to the SILNA Lands in accordance with section 114 of the Te Ture Whenua Maori Act 1993 if, in respect of an Original Beneficiary, the Court is of the opinion that no person is primarily entitled to succeed to that Original Beneficiary’s interest in a SILNA Land in accordance with clause 15.6.2.

  • The Original Beneficiary hereby transfers, conveys and assigns to the Beneficiary all of its right, title and interest in, to and under the Existing Deed of Trust and the original "Trust Estate" thereunder, to be held by the Beneficiary for the ratable benefit of the Lenders to secure the repayment of the principal of, premium, if any, and interest on the Loans and the Notes and any and all other Obligations.

  • Notwithstanding reasons such as default or unlawful acts, the Licensor and the Original Beneficiary, in any case, shall not be liable for any compensation to the Licensee for lost profit, consequential damage, indirect damage, or damage in data loss and corruption.

  • The right to name and/or replace the PSC Board Designee, or to decline to fill a vacancy of such position, shall be vested in the Original Beneficiary that holds the largest number of Liquidating Trust Units (the “Nominating Party”) at the time a PSC Board Designee is to be appointed or replaced, determined by reference to the Register.

  • There are cases when products, software or network services other than the Licensed Software on which the operation of the Licensed Software depends (including when provided by the Licensor or the Original Beneficiary and not limited to the provisions of a third party) are suspended or canceled at the discretion of the provider of the said software or network service.

  • Neither the Licensor nor the Original Beneficiary guarantee that the update data defined in Article 6 (2) can be installed normally nor that the Licensee will not incur damage due to the said update data installation.

  • Any Original Beneficiary that purchases or sells any Liquidating Trust Units shall notify the PSC Trustee of the number of Liquidating Trust Units purchased or sold within three (3) business days of the closing of such purchase or sale, and the PSC Trustee shall update the Register accordingly.