Examples of CD Holder in a sentence
Each CD Holder shall be entitled, at its option, to take independent measures with respect to its obligations and rights and privileges under these Terms and Conditions, and it shall not be necessary for the other CD Holders to be joined as a party in any judicial or other proceeding for such purpose.
Such transfer or assignment shall not be considered a pre-termination.For tax purposes, negotiations/transfers from one CD Holder to another shall be subject to the pertinent provisions of the National Internal Revenue Code of 1997, as amended and Bureau of Internal Revenue regulations.
This submission is made for the benefit of each CD Holder and shall not limit the right of any of them to take Proceedings in any other court of competent jurisdiction nor shall the taking of Proceedings in one or more jurisdictions preclude the taking of Proceedings in any other jurisdiction (whether concurrently or not).
If any such conversion of any LIBOR Loan, CD Loan, LIBOR Holder Advance or CD Holder Advance, as the case may be, occurs on a day which is not an Interest Payment Date or Yield Payment Date, as the case may be, the Owner Trustee shall pay (with funds provided by the Lessee as Supplemental Rent) to such Participant such amounts, if any, as may be required pursuant to Section 9.3.
Recovery of amounts owing in respect of the BDO Series 2018-1 CDs against the Bank is available to any CD Holder only through the institution of proceedings for the insolvency of the Bank.
For tax purposes, negotiations/transfers from one CD Holder to another shall be subject to the pertinent provisions of the National Internal Revenue Code of 1997, as amended, and Bureau of Internal Revenue Regulations.
CD Holders may, however, transfer or assign their BDO Series 2017-1 CDs to another holder who is not a Prohibited CD Holder.
In case of a transfer or assignment deemed by the Bank as a pre-termination, solely for withholding tax purposes, the transferor CD Holder shall be liable for the resulting tax due on the entire interest income earned on the LTNCDs (if any), based on the holding period of such LTNCDs by the transferor CD Holder and the amount equal to the final withholding tax, if any, will be deducted from the purchase price due to it.
Thereafter, the interest income of a transferee CD Holder who is an individual shall not be treated as income from long-term deposit or investment certificates, unless the LTNCDs has a remaining maturity of at least five (5) years.
Proposed CD Holders shall be required to submit any and all information reasonably required by the Selling Agents and/or PDEX Trading Participant in order for the said Selling Agents and/or PDEX Trading Participant, as the case may be, to be able to determine that such proposed CD Holder is an Eligible CD Holder and is not a Prohibited CD Holder.