Common Contracts

1 similar null contracts

Contract
British Columbia • August 5th, 2020

COAST CAPITAL SAVINGS FEDERAL CREDIT UNION RETIREMENT INCOME FUND AGREEMENTCoast Capital Savings Federal Credit Union, a credit union [continued under the laws of Canada,] having its Head Office in the City of Surrey (hereinafter referred to as the “Depositary”) hereby agrees to act as the carrier of a Retirement Income Fund for the applicant (hereinafter referred to as the “Annuitant”) upon the following terms and conditions: 1. Defined Terms“Annuitant” means the applicant (“annuitant”) for the purposes of the Income Tax Act (Canada) who has executed the Application and, after his or her death, the surviving Spouse who meets the requirements described in the definition of the term “annuitant” under subsection 146.3(1) of the Income Tax Act (Canada). A surviving Spouse who meets such requirements conditions becomes the new Annuitant of the Fund and is referred to below as the "Successor Annuitant”.“Application” means the duly completed and signed application form that is attached to an

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