Existing Beneficiary definition

Existing Beneficiary means the person identified as the ‘Existing Beneficiary’ in Schedule 2 (Parties and Notice Details).
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Existing Beneficiary means a person having firm allocation from a central power generating station on the date of coming into force of these regulations and who has entered into Bulk Power Transmission Agreement with the Central Transmission Utility;
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Existing Beneficiary means a person who is a user of the transmission / distribution system on the date of coming into force of these regulations either as a generator or transmission licensee or distribution licensee or deemed licensee or otherwise permitted to its user.
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Examples of Existing Beneficiary in a sentence

  • Subject to clause 2.2, with effect on and from the Effective Date, the Security Trustee for itself and for each other party to the Security Trust Deed other than the Existing Beneficiary acknowledges that the Existing Beneficiary is released from and has no further obligation in respect of any of them under the Security Trust Deed.


More Definitions of Existing Beneficiary

Existing Beneficiary means a person who is a user of the transmission system or distribution network on the date of commencement of these regulations either as a generating company or as a transmission licensee or distribution licensee;
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Existing Beneficiary means a person having on the date of coming into force of these regulations utilised the lines and facilities of the State Transmission Utility, other transmission licensee and distribution licensee and consumers of distribution licensee including that of the deemed licensee.
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Existing Beneficiary means a person who is a user of the transmission / distribution network on the date of coming into force of these Regulations either as a generator or transmission licencee or distribution licencee or deemed licencee or other wise permitted to its use.
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Existing Beneficiary means a person who is the holder of a beneficiary's account under the State Employees Retirement Benefits Act 1979 or the Transport Superannuation Act 1988 immediately before the commencement of section 24 of the Superannuation Acts (General Amendment) Act 1995;'.
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Existing Beneficiary has the meaning set forth in Section 5.23(a).
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Related to Existing Beneficiary

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

  • 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.

  • land reform beneficiary , in relation to a property, means a person who -

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

  • 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:

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • 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.

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

  • Spouse means, an individual who,

  • Eligible Spouse means a spouse of an Eligible Retiree who satisfies the requirements for eligibility described in the Eligibility section of this document, or an ex-spouse who is an Eligible Spouse with rights to coverage as an Eligible Spouse pursuant to a court order recognized by SHARP. A Spouse must be married to retiree at least one year prior to the effective date of retirement. A Spouse married after the retiree’s effective retirement date is considered a non-eligible spouse for purposes of the Plan. [See “Spouse”]

  • Personal representative means the person or persons who, upon the disability or incompetence of a Participant, shall have acquired on behalf of the Participant, by legal proceeding or otherwise, the power to exercise the rights or receive benefits under this Plan and who shall have become the legal representative of the Participant.

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

  • 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).