Eligible Person definition: Copy, customize, and use instantly
Introduction
The term "Eligible Person" refers to an individual or entity that meets the specific criteria outlined in an agreement, policy, or regulation to qualify for certain rights, benefits, or obligations. It is essential in financial, legal, and contractual contexts to establish eligibility and ensure compliance with applicable requirements.
Below are various examples of how "Eligible Person" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Eligible Person" as qualified under regulatory standards
This definition ties "Eligible Person" to regulatory compliance.
"Eligible Person" means an individual or entity that satisfies the requirements under applicable laws, regulations, or guidelines to participate in the specified transaction or activity.
Definition of "Eligible Person" as designated by contractual terms
This definition connects "Eligible Person" to specific agreements.
"Eligible Person" refers to any individual or entity expressly designated as eligible under the terms of this agreement to receive benefits, perform obligations, or exercise rights.
Definition of "Eligible Person" as based on financial qualifications
This definition links "Eligible Person" to financial criteria.
"Eligible Person" means an individual or entity that meets the financial qualifications, such as income level, net worth, or creditworthiness, required to participate in the specified program or transaction.
Definition of "Eligible Person" as recognized by a governing body
This definition applies "Eligible Person" to institutional approval.
"Eligible Person" refers to an individual or entity formally recognized by a governing body, board, or institution as meeting the eligibility criteria for a specific purpose.
Definition of "Eligible Person" as tied to residency or citizenship
This definition ties "Eligible Person" to geographic qualifications.
"Eligible Person" means an individual who satisfies residency or citizenship requirements as specified in the applicable laws or contractual provisions.
Definition of "Eligible Person" as qualified under corporate bylaws
This definition connects "Eligible Person" to organizational rules.
"Eligible Person" refers to any individual or entity qualified under the bylaws or governing documents of a corporation, partnership, or association to hold a specific role or receive a benefit.
Definition of "Eligible Person" as applicable to investors
This definition links "Eligible Person" to investment activities.
"Eligible Person" means an investor who meets the criteria for participation in a private offering, such as accreditation under securities regulations or other investment standards.
Definition of "Eligible Person" as determined by a selection process
This definition applies "Eligible Person" to discretionary decisions.
"Eligible Person" refers to an individual or entity selected or approved through a defined process, such as application review or nomination, to qualify for participation.
Definition of "Eligible Person" as relevant to employment benefits
This definition ties "Eligible Person" to workplace policies.
"Eligible Person" means an employee, contractor, or dependent who meets the criteria established by the employer or plan administrator to receive benefits or privileges.
Definition of "Eligible Person" as aligned with age or demographic requirements
This definition connects "Eligible Person" to age-related eligibility.
"Eligible Person" refers to an individual who satisfies age, demographic, or other criteria specified for participation in programs, plans, or agreements.
Definition of "Eligible Person" as applicable to charitable beneficiaries
This definition links "Eligible Person" to nonprofit activities.
"Eligible Person" means an individual or group identified as a beneficiary under a charitable trust, foundation, or nonprofit organization’s objectives.
Definition of "Eligible Person" as defined in licensing agreements
This definition applies "Eligible Person" to intellectual property use.
"Eligible Person" refers to any party authorized under a licensing agreement to access, use, or benefit from the licensed property or service.
Definition of "Eligible Person" as defined by institutional membership
This definition ties "Eligible Person" to organizational inclusion.
"Eligible Person" means a member or potential member of an institution, association, or organization who satisfies the criteria for membership or participation.
Definition of "Eligible Person" as applicable to educational programs
This definition connects "Eligible Person" to academic qualifications.
"Eligible Person" refers to an individual who meets the academic or enrollment criteria to participate in an educational program, scholarship, or grant.
Definition of "Eligible Person" as specified for legal claims
This definition links "Eligible Person" to judicial contexts.
"Eligible Person" means an individual or entity entitled to bring a claim, file a lawsuit, or receive compensation under applicable legal or contractual provisions.
Definition of "Eligible Person" as qualified for retirement benefits
This definition ties "Eligible Person" to pension or retirement plans.
"Eligible Person" means an individual who meets the criteria to receive retirement benefits, such as age, tenure, or contribution requirements, as outlined in the applicable plan.
Definition of "Eligible Person" as defined in healthcare programs
This definition connects "Eligible Person" to medical eligibility.
"Eligible Person" refers to an individual who qualifies for participation in a healthcare program, such as an employee health plan or government-sponsored medical assistance.
Definition of "Eligible Person" as recognized for tax-exempt status
This definition links "Eligible Person" to tax benefits.
"Eligible Person" means an individual or entity that meets the criteria to receive tax-exempt status, deductions, or credits under applicable tax laws.
Definition of "Eligible Person" as authorized for voting rights
This definition applies "Eligible Person" to governance roles.
"Eligible Person" refers to an individual or entity authorized to vote in elections, meetings, or decision-making processes as defined by the governing documents or laws.
Definition of "Eligible Person" as tied to insurance coverage
This definition ties "Eligible Person" to policy qualifications.
"Eligible Person" means an individual or dependent who meets the eligibility criteria for inclusion under an insurance policy, such as health, life, or property coverage.
Definition of "Eligible Person" as applicable to financial aid
This definition connects "Eligible Person" to education funding.
"Eligible Person" refers to a student or applicant who meets the criteria to receive financial aid, scholarships, or grants, as determined by the educational institution or funding body.
Definition of "Eligible Person" as recognized for regulatory exemptions
This definition links "Eligible Person" to compliance exclusions.
"Eligible Person" means an individual or entity identified as exempt from specific regulatory requirements due to qualifications or status outlined in the applicable rules.
Definition of "Eligible Person" as tied to nonprofit grant recipients
This definition applies "Eligible Person" to philanthropy.
"Eligible Person" refers to an individual, group, or organization identified as qualified to receive grants or funding from a nonprofit or philanthropic program.
Definition of "Eligible Person" as relevant to franchise agreements
This definition ties "Eligible Person" to business eligibility.
"Eligible Person" means a party that meets the qualifications to enter into a franchise agreement, including financial resources, experience, or location criteria.
Definition of "Eligible Person" as defined by fiduciary standards
This definition connects "Eligible Person" to trust management.
"Eligible Person" refers to an individual or entity that meets the qualifications to act as a fiduciary or trustee under the terms of a trust or governing document.
Definition of "Eligible Person" as recognized for intellectual property ownership
This definition links "Eligible Person" to patent or copyright rights.
"Eligible Person" means an individual or entity qualified to register, own, or enforce intellectual property rights, such as patents, copyrights, or trademarks.
Definition of "Eligible Person" as tied to procurement programs
This definition applies "Eligible Person" to supply chain participation.
"Eligible Person" refers to an individual or entity authorized to participate in procurement programs, such as government contracting or vendor supply agreements.
Definition of "Eligible Person" as authorized for executive roles
This definition ties "Eligible Person" to corporate governance.
"Eligible Person" means an individual qualified to hold executive or board positions in a corporation, as defined by the bylaws or regulatory requirements.
Definition of "Eligible Person" as defined for environmental grants
This definition connects "Eligible Person" to sustainability initiatives.
"Eligible Person" refers to an individual, organization, or community identified as qualified to receive funding or support under environmental or sustainability grant programs.
Definition of "Eligible Person" as determined by age-specific programs
This definition links "Eligible Person" to demographic criteria.
"Eligible Person" means an individual who meets the age-specific criteria to participate in programs, such as youth initiatives or senior citizen benefits.
Definition of "Eligible Person" as qualified for loan guarantees
This definition ties "Eligible Person" to financial assistance.
"Eligible Person" means an individual or entity that meets the criteria to qualify for loan guarantees or subsidies under applicable financial assistance programs.
Definition of "Eligible Person" as authorized to access confidential information
This definition connects "Eligible Person" to data security.
"Eligible Person" refers to an individual or entity authorized to access confidential or proprietary information under the terms of a nondisclosure agreement or applicable policies.
Definition of "Eligible Person" as recognized in estate planning
This definition links "Eligible Person" to inheritance rights.
"Eligible Person" means a beneficiary or heir identified in a will, trust, or estate plan as qualified to receive property or other assets upon distribution.
Definition of "Eligible Person" as applicable to joint ventures
This definition applies "Eligible Person" to collaborative business efforts.
"Eligible Person" refers to an entity or individual meeting the requirements to participate as a partner in a joint venture, including financial and operational qualifications.
Definition of "Eligible Person" as determined by professional certifications
This definition ties "Eligible Person" to credential-based qualifications.
"Eligible Person" means an individual who holds specific professional certifications, licenses, or qualifications required to participate in a program or perform a service.
Definition of "Eligible Person" as qualified for international travel programs
This definition connects "Eligible Person" to travel benefits.
"Eligible Person" refers to an individual who meets the criteria to participate in international travel programs, such as visa waiver initiatives or global entry systems.
Definition of "Eligible Person" as tied to charitable donations
This definition links "Eligible Person" to philanthropic contributions.
"Eligible Person" means an individual or group identified as eligible to receive donations, support, or funding under charitable initiatives or nonprofit campaigns.
Definition of "Eligible Person" as applicable to arbitration agreements
This definition applies "Eligible Person" to dispute resolution processes.
"Eligible Person" refers to a party who qualifies to participate in arbitration proceedings as outlined in the arbitration agreement or governing rules.
Definition of "Eligible Person" as recognized for relocation benefits
This definition ties "Eligible Person" to employee incentives.
"Eligible Person" means an employee or dependent who meets the criteria for relocation benefits, such as moving expenses or housing assistance.
Definition of "Eligible Person" as authorized to act as a guarantor
This definition connects "Eligible Person" to financial obligations.
"Eligible Person" refers to an individual or entity qualified to act as a guarantor for loans, leases, or other financial agreements under the applicable terms.
Definition of "Eligible Person" as tied to academic awards
This definition links "Eligible Person" to educational recognition.
"Eligible Person" means a student or academic professional who meets the qualifications to receive awards, honors, or scholarships based on performance or merit.
Definition of "Eligible Person" as relevant to disaster relief programs
This definition applies "Eligible Person" to emergency assistance.
"Eligible Person" refers to an individual, family, or entity identified as qualified to receive aid, grants, or support under disaster relief or emergency assistance programs.
Definition of "Eligible Person" as determined by corporate shareholding
This definition ties "Eligible Person" to ownership rights.
"Eligible Person" means a shareholder who meets the criteria to exercise voting rights, receive dividends, or participate in corporate decision-making processes.
Definition of "Eligible Person" as applicable to cross-border investments
This definition connects "Eligible Person" to international finance.
"Eligible Person" refers to an investor or entity authorized to participate in cross-border investment opportunities, subject to applicable regulatory requirements.
Definition of "Eligible Person" as authorized for contractual obligations
This definition links "Eligible Person" to legal agreements.
"Eligible Person" means an individual or entity recognized as qualified to enter into and fulfill the obligations of a legally binding contract.
Definition of "Eligible Person" as approved for mentorship programs
This definition ties "Eligible Person" to development initiatives.
"Eligible Person" means an individual who meets the criteria to participate in mentorship programs, either as a mentor or mentee, as specified by the program guidelines.
Definition of "Eligible Person" as relevant to housing assistance
This definition connects "Eligible Person" to residential support.
"Eligible Person" refers to an individual or household that qualifies for housing assistance, such as subsidies, grants, or low-income housing programs.
Definition of "Eligible Person" as applicable to military benefits
This definition links "Eligible Person" to veteran services.
"Eligible Person" means a current or former military service member or their dependents who qualify for benefits under military or veteran programs.
Definition of "Eligible Person" as recognized for international scholarships
This definition applies "Eligible Person" to global education funding.
"Eligible Person" refers to a student who meets the qualifications to apply for or receive international scholarships, fellowships, or grants.
Definition of "Eligible Person" as tied to equity compensation plans
This definition ties "Eligible Person" to corporate incentives.
"Eligible Person" means an employee, director, or contractor who qualifies to receive stock options, restricted stock units, or other equity-based compensation under the company’s plans.
Definition of "Eligible Person" as authorized for regulatory filings
This definition connects "Eligible Person" to compliance requirements.
"Eligible Person" refers to an individual or entity authorized to submit or approve regulatory filings, such as tax returns, securities filings, or compliance reports.
Definition of "Eligible Person" as applicable to licensing opportunities
This definition links "Eligible Person" to intellectual property use.
"Eligible Person" means an individual or entity that qualifies to acquire or utilize licensing rights for intellectual property, technology, or other assets.
Definition of "Eligible Person" as tied to agricultural subsidy programs
This definition applies "Eligible Person" to farming incentives.
"Eligible Person" refers to a farmer, agricultural producer, or cooperative that qualifies for subsidies, grants, or loans under government agricultural programs.
Definition of "Eligible Person" as relevant to retirement plan rollovers
This definition ties "Eligible Person" to financial portability.
"Eligible Person" means a participant or beneficiary who qualifies to transfer or roll over retirement plan assets to another qualified account, such as an IRA or 401(k).
Definition of "Eligible Person" as recognized in dispute resolution processes
This definition connects "Eligible Person" to legal mediation.
"Eligible Person" refers to an individual or entity qualified to participate in mediation, arbitration, or other dispute resolution processes under applicable agreements.
Definition of "Eligible Person" as defined by environmental grant criteria
This definition links "Eligible Person" to sustainability funding.
"Eligible Person" means an organization, community, or individual identified as eligible for funding under environmental or conservation grant programs.
Definition of "Eligible Person" as tied to apprenticeship programs
This definition applies "Eligible Person" to workforce training.
"Eligible Person" refers to an individual who meets the criteria to enroll in or benefit from apprenticeship programs, as defined by the sponsoring organization or agency.
Definition of "Eligible Person" as applicable to special education services
This definition ties "Eligible Person" to educational support.
"Eligible Person" means a student who qualifies for special education services or accommodations under applicable education laws or regulations.
Definition of "Eligible Person" as recognized for tourism incentives
This definition connects "Eligible Person" to travel benefits.
"Eligible Person" refers to an individual or group that qualifies for tourism-related incentives, such as travel discounts, tax rebates, or promotional offers.
Definition of "Eligible Person" as authorized for disaster recovery funds
This definition links "Eligible Person" to emergency assistance.
"Eligible Person" means an individual, business, or organization that qualifies to receive financial aid or support under disaster recovery or emergency relief programs.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.