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

  • Rule 9.4 Beneficiary Substitution After Contract Benefits Have Been Utilized by the Original Beneficiary.

  • If such remaining benefits are thus payable to such a Subsequent Beneficiary, they shall be paid over a period that does not extend beyond the maximum distribution period over which the Original Beneficiary was required to receive the interest under Section 401(a)(9) of the Code.

  • Such transfer shall be effective upon delivery to us at our Primary Office specified on the Cover Page of a transfer of this Letter of Credit in the form of Exhibit F-1 attached hereto, appropriately completed and manually executed by the Original Beneficiary.

  • Except to the extent that the right of the Transferee to transfer this Letter of Credit is limited as set forth in paragraph 5 hereof, the Transferee shall be the Beneficiary hereunder unless and until this Letter of Credit is transferred back to the Original Beneficiary.

  • Upon our receipt of any such transfer back to the Original Beneficiary by a Transferee, such Transferee shall cease to have the status of a Transferee under this Letter of Credit and the Original Beneficiary may again transfer this Letter of Credit as provided in this paragraph 5.

  • Requesting the Customer to submit a written statement identifying the Original Beneficiary, such statement to contain at least identifying information of the Customers.

  • 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.

  • Taking appropriate measures to verify the identity of the Original Beneficiary, such as reviewing data or information obtained from official documents to the extent that Subject Parties are convinced that they are cognizant of the Original Beneficiary's identity.

  • Will require a statement from the applicant as to why an appropriate endorsement by the professional leader who most recently employed them cannot be provided.

  • Drawing a risk management system that indicates whether the Customer or his representative or the Original Beneficiary fall within this category.

Related to Original Beneficiary

  • land reform beneficiary , in relation to a property, means a person who -

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Spouse means, an individual who,

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.