Common Contracts
1 similar Security Trustee Agreement contracts
Security trustee agreement pdfSecurity Trustee Agreement • June 7th, 2023
Definitions. Whenever used in this Trust Agreement or the Application, any capitalized terms shall have the meanings given to them below: “Account” means the tax-free savings account established for the Holder; “Agent” means Royal Bank of Canada and its successors and assigns; “Applicable Laws” means the Tax Act and such other laws of Canada and of the provinces and territories applicable hereto; “Application” means the Holder’s application to the Agent to establish the Account; “Contribution” means a contribution of cash or any Qualified Investment; “Distribution” means a payment out of or under the Account in satisfaction of all or part of the Holder’s interest therein; “Estate Documents” means proof of the Holder’s death and such other documents including letters probate, letters of administration, certificate of appointment of estate trustee with or without a will or other document of like import issued by any court in Canada as may be required by the Trustee in its sole discretion
