Sole benefit definition

Sole benefit of a beneficiary means a trust benefits no one but that beneficiary, whether at the time the trust is established or at any time during the lifetime of the beneficiary.
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Sole benefit means the benefits derived from the transmission customer’s modifications, updates, or addition of facilities which are triggered by a customer’s connection transformation needs (including reliability requirements and power quality needs or impacts), and are not prompted by the need to adequately supply the pool of load customers.
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Sole benefit means with respect to the generator customer(s)’s modifications, updates, or addition of facilities to the transmission system which are triggered by a generator(s) connection needs (including reliability requirements and power quality needs or impacts) and are not prompted by the need to adequately supply the pool of load customers.
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More Definitions of Sole benefit

Sole benefit means no one else may benefit from the asset transfer. Actuarial
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Related to Sole benefit

  • Eligible beneficiary means a resident of this state who:

  • Benefit means anything reasonably regarded as pecuniary gain or pecuniary advantage, including benefit to any other person in whose welfare the beneficiary has a direct and substantial interest.

  • Supplemental Security Income (SSI) means a program available to certain aged and disabled persons that is administered by the Social Security Administration through the Social Security office.

  • Charitable Beneficiary means one (1) or more beneficiaries of the Trust as determined pursuant to Section 5.9(iii)(f), provided that each such organization must be described in Section 501(c)(3) of the Code and contributions to each such organization must be eligible for deduction under each of Sections 170(b)(1)(A), 2055 and 2522 of the Code.

  • Supplemental security income means the program authorized under title XVI of the social security act, 42 USC 1381 to 1383f.