Spousal Consent definition

Spousal Consent means the written consent of a Participant’s spouse to the Participant’s designation of a specified Beneficiary. The specified Beneficiary shall not be changed unless further Spousal Consent is given. The spouse’s consent shall be witnessed by a Plan representative or notary public. The consent of the spouse shall also acknowledge the effect on him or her of the Participant’s election. The requirement for spousal consent may be waived by the Committee or its delegate if it believes there is no spouse, or the spouse cannot be located, or because of such other circumstances as may be established by applicable law. Spousal Consent shall be applicable only to the particular spouse who provides such consent.
Spousal Consent means any agreement provided by the spouse of any Person executing a Guaranty to the extent such spouse has not personally executed a Guaranty, to be substantially in the form provided by the Servicer.
Spousal Consent means a spousal consent, a form of which is attached hereto as Exhibit B.

Examples of Spousal Consent in a sentence

Please contact Directed Trust Company for the Spousal Consent form or visit www.directedira.com.

If my legal residence is in a community property state and I have designated someone other than my spouse as the primary beneficiary, my spouse will complete and sign the Spousal Consent Form and have his or her signature witnessed by a notary public.

However, a Participant's spouse shall be the sole primary Beneficiary unless the designation includes Spousal Consent for another Beneficiary.

Spousal Consent shall be valid only with respect to the spouse who signs the Spousal Consent and only for the particular choice made by the Participant which requires Spousal Consent.

Section 26.08: Spousal Consent: If the Member is married or if the Member has a registered domestic partner, the Member’s spouse or registered domestic partner shall execute a statement, on a form prescribed by the Pension Trust, acknowledging the spouse’s or domestic partner’s understanding of, and agreement with, the Member’s election to participate in DROP.


More Definitions of Spousal Consent

Spousal Consent means the revocable written consent of the Participant's spouse to an action taken by the Participant hereunder which requires such consent under the terms of the Plan; provided that:
Spousal Consent means a Spouse’s written consent which acknowledges the effect of the Participant’s election and is witnessed by a Plan representative or notary public. Spousal Consent may be in the form of a specific consent, general consent or limited general consent, as provided in Section 8.6(e).
Spousal Consent means with respect to the election by a married Participant not to receive a Qualified Joint and Survivor Annuity pursuant to Section 3.03 as a Qualified Preretirement Survivor Annuity pursuant to Section 7.02(a) or to the consent of a Participant’s Spouse to the commencement of a Participant’s Retirement Pension pursuant to Section 4.04 or 5.01, that
Spousal Consent means written consent given by a Member’s or former Member’s spouse to an election made by the Member or former Member which specifies the form of retirement allowance, vested benefit, Beneficiary, or contingent annuitant designated by the Member or former Member. The specified form or specified Beneficiary or contingent annuitant shall not be changed unless further Spousal Consent is given. Spousal Consent shall be duly witnessed by a notary public, or in accordance with uniform rules of the Plan Administration Committee, by a Plan representative and shall acknowledge the effect on the spouse of the Member’s or former Member’s election. The requirement for Spousal Consent may be waived by the Plan Administration Committee in accordance with applicable law. Spousal Consent shall be applicable only to the particular spouse who provides such consent.
Spousal Consent means an irrevocable written consent given by a Participant’s Spouse to an election made by the Participant to a specified form of Retirement Benefit, or a specified time of commencement of a Retirement Benefit, or a designation of a specified Beneficiary. Any Spousal Consent shall be effective only with respect to such Spouse. Such consent shall be duly witnessed by a notary public and shall acknowledge the effect on the Spouse of the Participant’s election. The Participant may revoke an election any number of times without Spousal Consent at any time before commencement of a Retirement Benefit. Any new election will require a new Spousal Consent. The requirement for Spousal Consent may be waived by the Committee if it is established to the satisfaction of the Committee that there is no Spouse, that the Spouse cannot be located, or because of such other circumstances as may be established by applicable law.
Spousal Consent means a consent of the spouse of a Person executing a Personal Guaranty, substantially in the form attached to the Servicing Agreement.
Spousal Consent means the written consent of a Participant's spouse, which (a) acknowledges the effect of the election, consent, waiver or designation made or other action taken by the Participant; and (b) is signed by the spouse and witnessed by a notary public. If a Participant establishes to the satisfaction of the Committee that Spousal Consent is not obtainable or is not required, because the Participant has no spouse or the spouse cannot be located, or because of other circumstances specified under Section 417(a)(2) of the Code, the Participant's election or other action shall be effective without Spousal Consent. Any Spousal Consent required under the