Entitled Persons definition

Entitled Persons means any Person entitled to payment pursuant to the terms of “Other Financial Obligations.”

Entitled Persons means any person entitled to payment pursuant to the terms of Other Financial Obligations.

Entitled Persons means legally wedded spouse of the employee, as per service record, whether dependent on him or not, his dependent children and dependent mother & father. Dependency of children and parents to be decided as per the criteria of income prescribed under the ALIMCO Medical Attendance & Treatment Rules, amended from time to time, as applicable on the date of death. The entitled persons will receive the benefit under the Scheme in the proportion specifically mentioned in the Nomination Form (Appendix-A) by the employee. In case any of the person declared as nominee by the employee was no more a dependent in the period immediately preceding the death, or any such nominated person is not covered by the definition of ‘Entitled person’ he will not be paid any grant under the Scheme and his share will be paid to the other entitled nominated persons on equally shared basis.

Examples of Entitled Persons in a sentence

• Notwithstanding any provision in this Indenture or otherwise, the rights of Entitled Persons in respect of Other Financial Obligations under this Indenture and otherwise in respect of the Securities or any series of the Securities may, at any time and from time to time, be modified in any respect or eliminated without the consent of any Entitled Person in respect of Other Financial Obligations.

• The provisions of this Article are and are intended solely for the purpose of defining the relative rights of the Holders of the Securities on the one hand and the holders of Senior Indebtedness (and, in the case of Section 14.15, Entitled Persons in respect of Other Financial Obligations) on the other hand.

• Money deposited and held in trust pursuant to this Section 4.02 shall not be subject to claims of the holders of Senior Indebtedness or Entitled Persons under Article Fourteen.

• Nothing contained in subsections (c), (d) and (e) of this Section is intended to or shall affect the relative rights against the Company of the Holders of the Securities and creditors of the Company other than Entitled Persons in respect of Other Financial Obligations.

• The provisions of subsections (c), (d) and (e) of this Section are and are intended solely for the purpose of defining the relative rights of the Holders of the Securities, on the one hand, and the Entitled Persons in respect of Other Financial Obligations, on the other hand, after giving effect to the rights of the holders of Senior Indebtedness, as provided in this Article.

More Definitions of Entitled Persons

Entitled Persons means persons who have been allocated securities by an offeror in an offer for sale; and

Entitled Persons means any Person entitled to payment pursuant to the terms of Other Financial Obligations (as defined herein).

Entitled Persons or "Other Financial Obligations"; and

Entitled Persons means the same as in Article 259 of the 1986 Order;

Entitled Persons means any Person entitled to payment pursuant to the terms of “Other Financial Obligations.” “Event of Default” has the meaning specified in Section 5.01.

Entitled Persons. Existing Subordinated Indebtedness" or "Other Financial Obligations," shall apply to the Securities of such series; and

Entitled Persons means such persons comprising the Employees as the