Beneficiary Company definition

Beneficiary Company means a Seed Stage Business that an Investment Entity selects for a Fund investment (also referred to as a “Portfolio Company” after the Fund investment is made).
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Beneficiary Company or "Beneficiar" means any company or partnership which owns MHP or controls from time to time either or both directly or indirectly the voting rights attached to not less than 50% of the issued ordinary share capital, or controls directly or indirectly the appointment of a majority of the board.
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Beneficiary Company has the meaning set forth in the presentation of the Parties;
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Examples of Beneficiary Company in a sentence

  • The Contracting Party shall specify in it the legal names, postal addresses and corresponding websites (URLs) of the referred Beneficiary Companies, as well as the relationship between each Beneficiary Company and the Contracting Party.

  • Beneficiary Company Company acknowledged by BMEMD following a request by the Contracting Party which, for the purposes of this Agreement, is entitled, in whole or in part, to the rights covered under this Agreement, and for which the Contracting Party is held totally responsible.

  • Internal Use Internal Use by (a) the Contracting Party, (b) a Beneficiary Company, (c) the Beneficiary Companies, (d) the Contracting Party’s Group, (e) one of the Clients of the Contracting Party or (f) a third party, shall be deemed the usage carried out, respectively, by the companies referred to before, their employees, directors, legal representatives and its technical equipments and tools when this usage does not entail its re-distribution outside the scope of the referred company.

  • The Contracting Party shall specify in the Particular Conditions Section of this Agreement the connection method (direct and/or indirect) used by the Contracting Party and every Beneficiary Company to receive the Licensed Data.

  • These Permissioning and Entitlement Systems shall guarantee that every user —whether it belongs to the Contracting Party, a Beneficiary Company, or a Client of either of the foregoing— accesses exclusively the Licensed Data to which it is authorised.

  • The obligations of the Beneficiary Company to effect Closing are further subject to the satisfaction (or, to the extent permitted by Law, express written waiver by the Beneficiary Company) of the Conditions Precedent set forth in Schedule 10.3.

  • In particular, through the respective positioning of the Siemens Target Business and the Beneficiary Company, the Combined Business is expected to benefit from attractive worldwide growth prospects.

  • The Parties expressly agree that there is no Encumbrance related to the Contributed Shares to be transferred to the Beneficiary Company.

  • Siemens Target Business and the Beneficiary Company will benefit from highly complementary strengths, both geographically and strategically, resulting in the Combined Business being well positioned to address the future needs of the transport industry.

  • The Beneficiary Company shall take over the rights and obligations deriving from the employment contracts to which the Contributing Company is party, concerning the Contributing Company’s Business Line personnel.


More Definitions of Beneficiary Company

Beneficiary Company. GDF Investissements 37, a société anonyme with capital of €40,000, headquartered at 00, xxx Xxxxxxxxx Xxxxxxx, 75017 Paris, France, registered with the Paris Trade and Companies Register under No. 487 650 632.
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Beneficiary Company. ’ shall mean a Seed Stage Business that an
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Related to Beneficiary Company

  • Subsidiary Company means any subsidiary company within the meaning of section 7 of the Companies Act 2014 which is a wholly owned entity used by a Fund to hold assets.

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • 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.

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

  • Subsidiary Companies means all business entities that, at the time in question, are subsidiaries of the Company, within the meaning of section 424(f) of the Code.

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • 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,

  • 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.

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

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • Community spouse means a spouse of an institutionalized spouse for the purposes of rules 441—75.5(249A), 441—75.16(249A), and 441—76.10(249A).

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Company Control Person means each director, executive officer, promoter, and such other Persons as may be deemed in control of the Company pursuant to Rule 405 under the 1933 Act or Section 20 of the 1934 Act (as defined below).

  • Beneficiary designation means the naming in a governing instrument of a beneficiary of an insurance or annuity policy, of an account with POD designation, of a security registered in beneficiary form (TOD), of a pension, profit-sharing, retirement, or similar benefit plan, or of another nonprobate transfer at death.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Plan approved domestic relations order means a judgment, decree, or order (including the approval of a settlement agreement) which is:

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.