Designated Educational Institution definition
Examples of Designated Educational Institution in a sentence
If no educational institution was designated by the Subscriber(s), the Trustee, in its sole discretion, shall designate the educational institution and the Promoter shall pay the Designated Educational Institution Payment Amount to, or to a trust in favour of, such designated educational institution as referred to in paragraph 118.6(1)(a)(i) of the Tax Act.
If no educational institution was designated by the Subscriber(s), the Trustee, in its sole discretion, shall designate the educational institution and the Promoter shall pay the Designated Educational Institution Payment Amount to, or to a trust in favour of, such designated educational institution.
The Subscriber may at any time thereafter change or revoke the Designated Educational Institution as specified.
CWT will pay any remaining amount to a Designated Educational Institution or to a trust in favor of a Designated Educational Institution, at ATBSI’s discretion and according to Applicable Tax Legislation.
If no educational institution was designated by the Subscriber(s), the Trustee, in its sole discretion, shall designate the educational institution and the Promoter shall pay the Designated Educational Institution Payment Amount to, or to a trust in favour of, such Designated Educational Institution.