Canadian ITA definition

Canadian ITA means the Income Tax Act (Canada) as amended.
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Canadian ITA is defined in Section 2.13(g).
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Examples of Canadian ITA in a sentence

  • The Canadian Sub-Agent is not a non-resident of Canada for purposes of Part XIII of the Canadian ITA and, as such, it and not the Administrative Agent has been designated under this Agreement to carry out certain duties of the Administrative Agent in respect of TCCI.

  • Special Message to the Congress on Protecting the Consumer Interest”, 15 March 1962.

  • Institutional ownership (X3) has a minimum value of 0.100000 in the Sat Nusa Persada Tbk company in 2019, while the maximum value is 0.999998 in the Sentra Food Indonesia Tbk company in 2018.

  • Notwithstanding the provisions of this Section 7(d), the Manager shall not be required to contribute any amount in excess of the commissions received by it and no person found guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation.

  • In order to avoid the attribution rules in the Canadian ITA, we recommend that the operating company pay Mr. Frank Looney annual dividends of 2% on the face value of his Class E special shares respectively.

  • Parent agrees to enter into an election under Section 85 of the Income Tax Act, Canada ("CANADIAN ITA") whereby it would jointly file a Form T2057 or T2058 with any of the Company's shareholders resident in Canada for purposes of the Canadian ITA that so desire at an amount as determined by the particular shareholder, subject to the limitations set out in the Canadian ITA.

  • For avoidance of doubt, such Taxes shall not include any withholding Taxes imposed on Buyer including but not limited to (i) the Malaysian Real Property Gains Tax Xxx 0000 and (iii) Section 116 of the Canadian ITA.

  • Property Transferred The assets of a sole-proprietorship business owned and operated by Mr. Frank Looney are being transferred to the operating company, pursuant to Section 85 of the Canadian ITA.

Related to Canadian ITA

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Canadian Benchmark means the applicable Canadian Benchmark Replacement to the extent that such Canadian Benchmark Replacement has replaced such prior benchmark rate. Any reference to “Canadian Benchmark” shall include, as applicable, the published component used in the calculation thereof.

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Canadian Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Canadian Pension Plan means a pension plan or plan that is subject to applicable pension benefits legislation in any jurisdiction of Canada and that is organized and administered to provide pensions, pension benefits or retirement benefits for employees and former employees of any Loan Party or any Subsidiary thereof.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.