Permitted Residuary Beneficiary definition

Permitted Residuary Beneficiary means any person who is a beneficiary of a Qualifying Trust and, under the terms of the Qualifying Trust, is entitled to distributions out of the capital of such Qualifying Trust only after the death of all of the Qualified Persons who are beneficiaries of such Qualifying Trust.
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Permitted Residuary Beneficiary means any Person who is a beneficiary of a Qualified Trust and, under the terms of the Qualified Trust, is entitled to distributions out of the capital of such Qualified Trust only after the death of all of the Qualified Persons who are beneficiaries of such Qualified Trust.
Sample 1Sample 2Sample 3
Permitted Residuary Beneficiary means any Person who is a beneficiary of a Qualifying Trust and, under the terms of the Qualifying Trust, is entitled to distributions out of the capital of such Qualifying Trust only after the death of all of the Qualified Persons who are beneficiaries of such Qualifying Trust.
Sample 1Sample 2

Examples of Permitted Residuary Beneficiary in a sentence

  • Guaranteed Obligations 701(a) Maturity Date 301 Member of the Rogers Family 401 Permitted Residuary Beneficiary 401 Perpetuity Date 401 Qualifying Trust 401 Spouse 401 Successor Guarantor 703 SECTION 103.

  • Xxxxxx 501 Family Percentage Holding 501 Guarantee 801 Guaranteed Obligations 801 Instructing Officers 116 Instructions 116 Maturity Date 301 Member of the Xxxxxx Family 501 Permitted Residuary Beneficiary 501 Perpetuity Date 501 Qualifying Trust 501 Spouse 501 Successor Guarantor 803 SECTION 103.

  • Xxxxxx 401 Family Percentage Holding 401 Guarantee 701(a) Guaranteed Obligations 701(a) Maturity Date 301 Member of the Rogers Family 401 Permitted Residuary Beneficiary 401 Perpetuity Date 401 Qualifying Trust 401 Spouse 401 Successor Guarantor 703 SECTION 103.

  • Xxxxxx 401 Family Percentage Holding 401 Guarantee 701 (a) Guaranteed Obligations 701 (a) Maturity Date 301 Member of the Rogers Family 401 Permitted Residuary Beneficiary 401 Perpetuity Date 401 Qualifying Trust 401 Spouse 401 Successor Guarantor 703 (a)(ii) SECTION 103.

  • Findings are based on surveys and interviews with key industry participants, a review of published and unpublished articles and studies, and the industry familiarity and expertise of the team members who conducted this study.The small wind turbine and distributed generation markets are emergent in nature, with approximately 2,900 residential grid-connected turbines totaling 14.5 MW installed worldwide as of 2005.

  • Xxxxxx 401 Family Percentage Holding 401 Guarantee 701(a) Guaranteed Obligations 701(a) Maturity Date 301 Member of the Rogers Family 401 Permitted Residuary Beneficiary 401 Perpetuity Date 401 Qualifying Trust 401 Table of Contents DEFINED TERM DEFINED IN SECTION Spouse 401 Successor Guarantor 703 SECTION 103.

Related to Permitted Residuary Beneficiary

  • Beneficiary means the person, persons, trust or trusts that have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant’s death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(b) hereof. If, upon a Participant’s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Spouse means, an individual who,

  • additional spouse means a spouse by the party to the marriage who is additional to the party to the marriage;

  • Eligible Spouse means a spouse of an Eligible Retiree who satisfies the requirements for eligibility described in the Eligibility section of this document, or an ex-spouse who is an Eligible Spouse with rights to coverage as an Eligible Spouse pursuant to a court order recognized by SHARP. A Spouse must be married to retiree at least one year prior to the effective date of retirement. A Spouse married after the retiree’s effective retirement date is considered a non-eligible spouse for purposes of the Plan. [See “Spouse”]

  • Immediate Family Member means a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, of a natural person referred to herein.

  • Distributee means an Employee or former Employee. In addition, the Employee's or former Employee's surviving spouse and the Employee's spouse or former spouse who is the alternate payee under a Qualified Domestic Relations Order are considered Distributees with regard to the interest of the spouse or former spouse.