Canadian Resident Sample Clauses
The 'Canadian Resident' clause defines the criteria or status required for an individual or entity to be considered a resident of Canada for the purposes of the agreement. Typically, this involves meeting certain legal or tax residency requirements, such as having a principal place of business in Canada or being subject to Canadian tax laws. This clause is important because it determines eligibility for specific rights, obligations, or benefits under the contract, and ensures compliance with Canadian legal and regulatory frameworks.
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Canadian Resident. The Vendor is not a non-resident of Canada within the meaning of the Income Tax Act.
Canadian Resident. It is not a non-resident of Canada within the meaning of the Income Tax Act (Canada);
Canadian Resident. The Vendor is a resident in Canada within the meaning of the Income Tax Act (Canada).
Canadian Resident. A person legally authorized to reside in Canada and who resides there at least six months a year.
Canadian Resident. The Seller is a resident of Canada within the meaning of the Income Tax Act (Canada).
Canadian Resident. The Vendors are residents of Canada for all purposes of the Income Tax Act of Canada.
Canadian Resident. A person legally authorized to reside in Canada and who resides there at least six months a year. Commercial vehicle: Any type of vehicle (air, sea or land) used for business purposes, including revenue-producing activities or activities for which expenses may be deducted from business income or as a self-employed worker. Common carrier: Any carrier registered with the competent authorities for the transportation (air, sea or land) of passengers. Credit card: Meridian card that qualifies for this travel insurance.
Canadian Resident. (a) Except as set forth on Section 4.6 of the Disclosure Schedule, the Shareholder is not a non-resident of Canada, within the meaning of the ITA.
(b) Each Shareholder that is a non-resident of Canada as defined in the ITA represents and warrants that the Shares held by such Shareholder are not "taxable Canadian property" within the meaning of the ITA.
Canadian Resident. VMC is not a non-resident of Canada within the meaning of the Income Tax Act (Canada).
Canadian Resident. Each of the Vendors is a resident of Canada within the meaning of the Income Tax Act (Canada), with the exception of J▇▇▇ ▇. ▇▇▇▇▇▇, C▇▇▇▇▇ Family Irrevocable Trust, J▇▇▇▇▇ ▇▇▇▇▇▇▇ Restated Revocable Trust, J▇▇▇ ▇▇▇▇▇▇▇▇ and S▇▇▇▇ ▇▇▇▇▇ with respect to which the tax certificates under Section 116 of the Income Tax Act (Canada) and the equivalent provincial certificates, if required, will be obtained prior to Closing failing which withholding amounts shall be kept in escrow in accordance with applicable laws and further pursuant to the terms of the escrow agreement set forth in Exhibit 5(1)(dd) herein.
