Successor Member definition

Successor Member means your Spouse or Common-law Partner who has been appointed by you to be the successor holder under the Plan on your death and who is your Spouse or Common-law Partner at the time of your death.
Successor Member means a person admitted to membership as a person eligible for membership under paragraph (b) of Article 4.
Successor Member means the Member’s Spouse or Common-law Partner who has been appointed by the Member to be the successor holder under the Plan on the death of the Member and who is the Member’s Spouse or Common-law Partner at the time of the death of the Member.

Examples of Successor Member in a sentence

  • The Successor Member of the last Sempra Member to sell its interest in the Partnership shall succeed to all such rights.

  • Where all the conditions are met in 57 (ii) (b) we will offer a new assured non-shorthold tenancy for the Premises UNLESS the Premises are not suitable for the Successor Member of Family.


More Definitions of Successor Member

Successor Member has the meaning provided in Clause 16.3.3;
Successor Member has the meaning ascribed to it in clause 3.4; “Supplier” means:
Successor Member means a Member admitted to membership as a person eligible for membership under sub-clause 6.1.2 of Article 6;
Successor Member means an individual who was the spouse of a member of a PRPP immediately before the death of the member and who acquires, as a consequence of the death, all of the member’s rights in respect of the member’s account under the PRPP. Restriction — financially dependent. For the purposes of the definition of “qualifying survivor” in the first paragraph, a child or grandchild of the member is presumed not to be financially dependent on the member at the time of the death of the member if the child’s or grandchild’s income, for the taxation year preceding the taxation year in which the member died, was greater than the amount determined by the formula in subsection 1.1 of section 146 of the Income Tax Act for that preceding year. History: 2015, c. 21, s. 351; 2019, c. 14, s. 282. Corresponding Federal Provision: 147.5(1) and 146(1.1). CHAPTER II TAX Trust not taxable.
Successor Member is defined in Section 10.4. “Tag-Along Members” is defined in Section 11.1. “Tag-Along Notice” is defined in Section 11.2. “Third Party Claim” is defined in Section 17.6(a).
Successor Member means your Spouse or Common-law Partner who has been appointed by you to be the successor holder under the Plan on your death and who is your Spouse or Common-law Partner at the time of your death. Section 2. Group Plan This certificate describes your rights and benefits under the Plan. The Plan will be maintained for your exclusive benefit, disregarding the right of a person to receive a payment out of or under the Plan on or after your death. Contributions to the Plan will be used, invested and applied for the purpose of making distributions to you as permitted under the Income Tax Act. While there is a Member, no person other than us or the Member will have any rights under the Plan relating to the amount and timing of distributions and the investing of funds. Section 3. Plan sponsor as Agent The Plan Sponsor is required to provide us with any information or instructions required by us to administer the Plan. We are entitled to rely on any information or instructions provided to us by the Plan Sponsor respecting you or on your behalf as if such information or instructions were provided to us directly by you. Upon joining this Plan, you appoint the Plan Sponsor as your agent for all purposes in connection with the provision of information or instructions to us respecting the Plan until such time as we receive notice that you are no longer a Member of the Plan. Section 4. Investment Rules We have established Investment Rules relating to the management of the guaranteed investments and variable investment funds available under the Plan. The operation of the Plan and your rights will be subject to the Investment Rules. We may amend the Investment Rules at any time and will provide the Plan Sponsor with prior notice of material changes wherever possible. From time to time changes to the Investment Rules may be imposed on us by fund managers and in those circumstances prior notice may not be possible. Section 5. Contributions We will establish an account for the Member and Contributions will be allocated to the Member’s account. It shall be your responsibility to ensure all Contributions are within the contribution limits for tax-free savings accounts permitted by the Income Tax Act and to ensure contributions are not made if you are a non-resident of Canada. Section 6. Investment Options Contributions will be invested in one or more of the various Investment Options which we make available to the Plan from time to time, as directed by you and will be allocat...
Successor Member and “Successor Members” have the meaning ascribed thereto in the Recitals of this Agreement.