Principal Beneficiary definition

Principal Beneficiary means my Spouse, or where I have a Cohabiting Partner, my Cohabiting Partner;

Principal Beneficiary means the spouse of a member or former member, or where the member or former member has a cohabiting partner, the member or former member's cohabiting partner as defined in The Pensions Benefits Act, 1997 (Act).

Principal Beneficiary means the spouse of a member or former member, or where the member or former member has a cohabiting partner, the member or former member’s cohabiting partner, as defined in the Act;

Examples of Principal Beneficiary in a sentence

• You must certify to Us whether You have a Principal Beneficiary, as set out below, by completing the statement below.

• That value is conclusive and binding upon the parties to this Agreement, Your Principal Beneficiary, Your successors and personal representatives and Your Principal Beneficiary’s successors and personal representatives.

• If You are a Pension Plan Member and You have a Principal Beneficiary, a transfer into this LIF from a pension plan or LIRA will be made only if Your Principal Beneficiary has shown his/her consent to the opening of this LIF and the transfer to it of the Locked-In Funds by signing the statement below.

• The Issuer is not liable for any adverse tax consequences which may result to the Annuitant, the Principal Beneficiary or either his or her heirs, successors or assigns due to any such conflict.

• You understand that if you are a Pension Plan Member, as certified above, the death benefit provision governing this LIF will require the Issuer upon your death to pay the LIF proceeds to your Principal Beneficiary as defined in this Agreement.

More Definitions of Principal Beneficiary

Principal Beneficiary means any Person entitled to ten percent or more of the benefits of a trust;

Principal Beneficiary means the Spouse of a member or former member, or where the member or former member has a Cohabiting Partner, the member or former member’s Cohabiting Partner.

Principal Beneficiary means the Spouse of a Planholder, or where the Planholder has a Cohabiting Partner, the Planholder’s Cohabiting Partner. For the purposes of any provision of the Tax Act respecting registered retirement savings plans, “Spouse”, “Cohabiting Partner” and “Principal Beneficiary” do not include any person who is not recognized as a spouse or common-law partner under the Tax Act.

Principal Beneficiary means your Spouse, or where you have a Cohabiting Partner, your Cohabiting Partner;

Principal Beneficiary means the beneficiary hosting and engaging the principal investigator;

Principal Beneficiary means a national of a qualifying Caribbean Community State who has exercised one or more of his primary rights to move, live and seek employment in another qualifying Caribbean Community State;”.

Principal Beneficiary means the owner or principal user of the covered vehicle.