Other Beneficiary definition

Other Beneficiary means a Person who is a Beneficiary of an Other Obligation.
Other Beneficiary means an Other Senior Beneficiary or an Other Subordinate Beneficiary.

Examples of Other Beneficiary in a sentence

  • Where the rules on State Aid apply, you must assess the organisation, which may or may not be an Employer Beneficiary or Other Beneficiary organisation, for the State Aid that they have already received and are proposed to receive as a result of their involvement in your Project.

  • Contingent Beneficiary(ies) and Other Beneficiary DesignationsA Contingent Beneficiary will receive benefits only if the Primary Beneficiary(ies) does not survive you.

  • You agree that you will in accordance with this clause 12 indemnify us and any Related Person (each an Indemnified Party and together the Indemnified Parties) from and against all liability, claims, actions, proceedings, costs, damages or demands arising out of or in connection with unauthorised disclosure of the Services or any product thereof to any third party who is not an Other Beneficiary.

  • Employer Beneficiary and Other Beneficiary organisations are both Beneficiary Organisations as defined in your Grant Agreement.

  • Before agreeing to support an Other Beneficiary, it is recommended that you undertake some form of initial or early assessment of the organisation to identify: • how the ESF funded activity will be suitable and effective in addressing the needs of the organisation; • the specific barriers or challenges faced by the organisation and its own beneficiaries (relevant to the Project objectives); and • whether the Other Beneficiary qualifies for support.

  • Please note that if you do not have the evidence to support an Other Beneficiary starting on your Project you will not be able to claim ESF Grant Funding for this Other Beneficiary in relation to any related inputs, Outputs or Results in the Grant Agreement, e.g. Careers Clusters ‘Schools/colleges engaged and needs analyses completed’, ‘HEIs/Employers completing a 26-week pilot’ and ‘Employer-endorsed careers strategies created’.

  • If the Spouse dies after distributions are required to begin, distribution shall be made under (iii) as though the Spouse were the Participant.(B) Other Beneficiary.

  • An Other Beneficiary is an organisation (e.g. a school, college or university) which is itself a direct beneficiary of a Mayor’s ESF Project and whose own beneficiaries (e.g. pupils, learners) will also directly or indirectly benefit from the Project (e.g. through an enhanced curriculum, opportunities to undertake work experience etc.).

  • No one or more Holders of the Notes or any Other Beneficiary shall have any right in any manner whatsoever to affect, disturb or prejudice the lien of the Indenture by his, her, its or their action or to enforce any right hereunder except in the manner described herein, and all proceedings at law or in equity shall be instituted, had and maintained in the manner herein described and for the benefit of the Holders of all Outstanding Notes and Other Beneficiaries as their interests may appear.

  • In that year, Medifast internally calculated its total tax expense as $1,805,708 and a deferred tax asset as $1,079,321.


More Definitions of Other Beneficiary

Other Beneficiary means a beneficiary other than an SME participant or an SME Association or a RTD performer, referred to as such in Section 1 of Annex I.
Other Beneficiary means any person other than a Member entitled (whether absolutely, contingently or otherwise) to benefit from the applicable Pension Scheme;
Other Beneficiary of a pension plan means a person who is not a member but who is entitled to a pension or other benefit under the plan; (« autre bénéficiaire »)

Related to Other Beneficiary

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

  • Other Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.

  • 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.

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

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

  • 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.

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

  • 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.

  • 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.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Other Benefit Obligations means all obligations, arrangements, or customary practices, whether or not legally enforceable, to provide benefits, other than salary, as compensation for services rendered, to present or former directors, employees, or agents, other than obligations, arrangements, and practices that are Plans. Other Benefit Obligations include consulting agreements under which the compensation paid does not depend upon the amount of service rendered, sabbatical policies, severance payment policies, and fringe benefits within the meaning of IRC Section 132.

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

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

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

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

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

  • Spouse means, an individual who,

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • 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.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Termination Benefit means the benefit set forth in Article 7.

  • Disability Benefit means the benefit set forth in Article 8.

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

  • 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”]

  • 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.