Common use of Transfer to Certain Plans and Funds Clause in Contracts

Transfer to Certain Plans and Funds. (1) A Securityholder may transfer Escrow Securities within escrow to or between a registered retirement savings plan ("RRSP"), registered retirement income fund ("RRIF") or other similar registered plans or funds with trustees, where the annuitants of the RRSP or RRIF, or the beneficiaries of the other registered plans or funds are limited to the Securityholder and their spouse, children and parents, or, if the Securityholder is the trustees of such a registered plans or funds, to the annuitants of the RRSP or RRIF, or beneficiaries of the other registered plan or fund, as applicable, or their spouses, children and parents. (2) Prior to the transfer the Escrow Agent must receive: (a) evidence from the trustee of the transferee plan or fund, or the trustee's agent, stating that, to the best of the trustee's knowledge, the annuitant of the RRSP or RRIF, or the beneficiaries of the other registered plan or fund do not include any person or company other than the Securityholder and their spouse, children and parents; (b) a transfer power of attorney, executed by the transferor in accordance with the requirements of the Issuer's transfer agent; and (c) an acknowledgement in the form of Schedule "B" attached hereto signed by the trustee of the plans or funds. (3) Within 10 days after the transfer, the transferee of the Escrow Securities shall file a copy of the acknowledgment with the securities regulators in the Jurisdictions.

Appears in 1 contract

Samples: Escrow Agreement (Gryphon Gold Corp)

AutoNDA by SimpleDocs

Transfer to Certain Plans and Funds. (1) A Securityholder You may transfer Escrow Securities escrow securities within escrow to or between a registered retirement savings plan ("RRSP"), registered retirement income fund ("RRIF") or other similar registered plans plan or funds fund with trusteesa trustee, where the annuitants annuitant of the RRSP or RRIF, or the beneficiaries of the other registered plans plan or funds fund are limited to the Securityholder you and their your spouse, children and parents, or, if you are the Securityholder is the trustees trustee of such a registered plans plan or fundsfund, to the annuitants annuitant of the RRSP or RRIF, or beneficiaries a beneficiary of the other registered plan or fund, as applicable, or their spouseshis or her spouse, children and parents. (2) Prior to the transfer the Escrow Agent must receive: (a) evidence from the trustee of the transferee plan or fund, or the trustee's agent’s a, gent stating that, to the best of the trustee's knowledge, the annuitant ts hkneowletdgre,uthse tanenueita’nt of the RRSP or RRIF, or the beneficiaries of the other registered plan or fund do not include any person or company other than the Securityholder you and their your spouse, children and parents; (b) a transfer power of attorney, executed by the transferor in accordance with the requirements of the Issuer's the; anIdssuer’s transfer agent; and (c) an acknowledgement in the form of Schedule "B" attached hereto signed by the trustee “Bne”d bysthiegtrustee of the plans plan or fundsfund. (3) Within 10 days after the transfer, the transferee of the Escrow Securities shall escrow securities will file a copy of the acknowledgment with the securities regulators in the Jurisdictionsjurisdictions in which the Issuer is a reporting issuer.

Appears in 1 contract

Samples: Escrow Agreement

Transfer to Certain Plans and Funds. (1) A Securityholder You may transfer Escrow Securities escrow securities within escrow to or between a registered retirement savings plan ("RRSP"), registered retirement income fund ("RRIF") or other similar registered plans plan or funds fund with trusteesa trustee, where the annuitants annuitant of the RRSP or RRIF, or the beneficiaries of the other registered plans plan or funds fund are limited to the Securityholder you and their your spouse, children and parents, or, if you are the Securityholder is the trustees trustee of such a registered plans plan or fundsfund, to the annuitants annuitant of the RRSP or RRIF, or beneficiaries a beneficiary of the other registered plan or fund, as applicable, or their spouseshis or her spouse, children and parents. (2) Prior to the transfer the Escrow Agent must receive: (a) evidence from the trustee of the transferee plan or fund, or the trustee's agent, stating transfere that, to the best of the trustee's knowledge, the annuitant of the RRSP or RRIF, or the ’s knowledg beneficiaries of the other registered plan or fund do not include any person or company other than the Securityholder you and their your spouse, children and parents; (b) a transfer power of attorney, executed by the transferor in accordance with the requirements of the getnt;xxxxx Issuer's ’s transfer agent; anda (c) an acknowledgement in the form of Schedule "B" attached hereto signed by the trustee of the plans or fundsfund. (3) Within 10 days after the transfer, the transferee of the Escrow Securities shall escrow securities will file a copy of the acknowledgment with the securities regulators in the Jurisdictionsjurisdictions in which the Issuer is a reporting issuer.

Appears in 1 contract

Samples: Escrow Agreement

AutoNDA by SimpleDocs

Transfer to Certain Plans and Funds. (1a) A Securityholder You may transfer Escrow Escrowed Securities within escrow to or between a registered retirement savings plan ("RRSP"), registered retirement income fund ("RRIF") or other similar registered plans plan or funds fund with trusteesa trustee, where the annuitants annuitant of the RRSP or RRIF, or the beneficiaries of the other registered plans plan or funds fund are limited to the Securityholder you and their your spouse, children and parents, or, if you are the Securityholder is the trustees trustee of such a registered plans plan or fundsfund, to the annuitants annuitant of the RRSP or RRIF, or beneficiaries a beneficiary of the other registered plan or fund, as applicable, or their spouseshis or her spouse, children and parents. (2b) Prior to the transfer the Escrow Agent must receive: (ai) evidence from the trustee of the transferee plan or fund, or the trustee's agent, stating that, to the best of the trustee's knowledge, the annuitant of the RRSP or RRIF, or the beneficiaries of the other registered plan or fund do not include any person or company other than the Securityholder you and their your spouse, children and parents; (bii) a transfer power of attorney, executed by the transferor in accordance with the requirements of the Issuer's transfer agent; and (ciii) an acknowledgement in the form of Schedule "B" attached hereto signed by the trustee of the plans plan or fundsfund. (3c) Within 10 ten (10) days after the transfer, the transferee of the Escrow Escrowed Securities shall will file a copy of the acknowledgment with the securities regulators in the Jurisdictionsjurisdictions in which the Issuer is a reporting issuer.

Appears in 1 contract

Samples: Escrow Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!