Beneficiary Party definition

Beneficiary Party means the Administrative Agent and each agent, trustee or other representative for each agreement listed on Schedule IV hereto, as each such agreement may be amended, restated, supplemented, refinanced or otherwise modified from time to time, so long as such amendment, restatement, supplement, refinancing or other modification does not increase the aggregate principal amount of Indebtedness or other monetary obligations thereunder to an amount that is more than the aggregate principal amount of commitments, Indebtedness and other monetary obligations outstanding thereunder as of the Waiver Effective Date plus the amount of any uncommitted incremental facilities available thereunder as of the Waiver Effective Date plus the amount of unpaid accrued interest and premium thereon and underwriting discounts, fees, commissions and expenses, associated with such amendment, restatement, supplement, refinancing or other modification.
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Beneficiary Party means, at any time, the Party entitled to receive, or that has received and is the beneficiary of, Performance Assurance provided by, or on behalf of, the Posting Party.
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Beneficiary Party means the Party which has borne Individual Incident Costs in case an Individual Incident has occurred.
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Examples of Beneficiary Party in a sentence

  • You acknowledge and agree that if your Order describes a Beneficiary Party inconsistently by name and account number or any other required information listed in paragraph 4, the wire transfer may be made on the basis of the account number alone.

  • Nothing contained in this Assignment will constitute any Beneficiary Party as a joint venturer, partner or agent of Assignor, or render any Beneficiary Party liable for any debts, obligations, acts, omissions, representations or contracts of Assignor.

  • In other words, the Receiving Party, Beneficiary Bank, or Intermediary Bank may rely only on the account number to make the transfer, even if it identifies a party different from the named Beneficiary Party.

  • Assignor acknowledges and agrees that any Beneficiary Party, at its option, may assign its respective rights and interests under this Assignment and the other Loan Documents in whole or in part and upon such assignment all the terms and provisions of this Assignment or the other Loan Documents will inure to the benefit of such assignee to the extent so assigned.

  • Assignor will at any time and from time to time, promptly execute and deliver all further instruments and documents, and take all further action that may be reasonably necessary or desirable, or that any Beneficiary Party may reasonably request, in order to protect any right or interest granted by this Assignment or to enable the Beneficiary Party to exercise and enforce its rights and remedies under this Assignment.

  • The parties hereby agree to keep confidential the names, addresses, telephone numbers, email addresses and related contact information of any person introduced by the Intermediary Party to the Beneficiary Party pursuant to this Agreement, including but not limited to such persons as individuals, companies, corporations, partnerships, limited liability companies, banks, trusts, lenders, borrowers, lending institutions, buyers and sellers.

  • Signature of Designated Beneficiary , Party A Signature of Designated Beneficiary, Party B Date Date State of Colorado, County of This document was subscribed, sworn to, and acknowledged before me on [SEAL] My commission expires Signature of Notary Public APPLICANT: COMPLETE THIS BOX AT TIME OF ACTUAL SUBMITTAL TO COUNTY CLERK.

  • The Beneficiary Party agrees not to circumvent the Intermediary Party or the terms of this Agreement in an attempt to gain unfair advantage, remuneration or consideration to the detriment of the Intermediary Party.

  • Signature of Designated Beneficiary , Party A Signature of Designated Beneficiary, Party B Date Date State of Colorado County of This document was subscribed, sworn to, and acknowledged before me on .

  • Further, you ack nowledge and agree that you are liable for the transfer made to the account number you provide in your Order even if the named Beneficiary Party did not receive the funds.


More Definitions of Beneficiary Party

Beneficiary Party means the party, or possibly parties according to the provisions of Section 6.4, to this Agreement to which is assigned or licensed a Program Invention or Joint Program Invention, according to the provisions of Section 6.3 or Section 6.4.
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Beneficiary Party means the Party to whom Performance Assurance is delivered pursuant to this Agreement.
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Beneficiary Party has the meaning set forth in Section 8.17.6.
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Beneficiary Party means a Party that is entitled to require the procurement, posting, or payment of Security from another Party pursuant to Article 19.
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Beneficiary Party means a party entitled to indemnification by Centene pursuant to paragraph (a) of Subsection 7.4 or a party entitled to receive payment by the University pursuant to paragraph (b) of Subsection 7.4.
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Beneficiary Party means the Administrative Agent and each agent, trustee or other representative for each agreement listed on Schedule IV hereto, as each such agreement or any of the obligations thereunder may be amended, restated, supplemented, refinanced or otherwise modified from time to time, so long as such amendment, restatement, supplement, refinancing or other modification does not increase the aggregate principal amount of Indebtedness or other monetary obligations thereunder to an amount that is more than the aggregate principal amount of commitments, Indebtedness and other monetary obligations outstanding thereunder as of the Waiver Effective Date plus the amount of any uncommitted incremental facilities available thereunder as of the Waiver Effective Date plus the amount of unpaid accrued interest and premium thereon and underwriting discounts, fees, commissions and expenses, associated with such amendment, restatement, supplement, refinancing or other modification. WEIL:\98779116\4\64945.0060
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Related to Beneficiary Party

  • 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.

  • Subsidiary Partnership means any partnership or limited liability company in which the General Partner, the Partnership, or a wholly owned subsidiary of the General Partner or the Partnership owns a partnership or limited liability company interest.

  • Depositary Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time the Depositary effects book-entry transfers and pledges of securities deposited with the Depositary.

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

  • 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.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • 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.

  • Former Partner means (i) with respect to a Partner that is a trust, a Partner that has ceased to be a Qualified Trust, and has become a Former Partner, pursuant to the terms of Section 1.78; (ii) with respect to a Partner that is an Entity, a Partner that has ceased to be a Qualified Entity, and has become a Former Partner, pursuant to the terms of Section 1.18; (iii) a Partner that has become a Bankrupt Partner and a Former Partner, pursuant to the terms of Section 1.7; (iv) a Partner that has become a Pledgor Partner and a Former Partner, pursuant to the terms of Section 1.74; and (v) a Partner that ceases to be a Participating Stockholder with respect to the Class B Shares of each Company in which the Partnership owns Class B Shares.

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.

  • Other Participant means a cooperative project participant other than the United States.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Care provider means a duly qualified or licensed home health aide or homemaker, personal care aide or nurse provided through a licensed home health care agency or referred by a licensed referral agency or licensed nurses registry.

  • Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

  • Party or “Parties” has the meaning set forth in the Preamble.

  • 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.