GIC Holder definition

GIC Holder mean the individual in whose name a Product is held, and if a Product is jointly held, means each individual in whose name the Product is held as well as all of the individuals in whose name the Product is jointly held.
Sample 1Sample 2Sample 3
GIC Holder means the individual in whose name a GIC is held, and if a GIC is jointly held, means each individual in whose name the GIC is held as well as all of the individuals in whose name the GIC is jointly held.
Sample 1Sample 2
GIC Holder means any GIC Entity or any assignee to whom any GIC Entity has transferred rights pursuant to Section 5.9.
Sample 1Sample 2

Examples of GIC Holder in a sentence

  • Customer may not assign or otherwise transfer these terms or the rights and obligations under these Adobe Digital Publishing Services TOU, in whole or in part, without Adobe’s written consent.

  • If your GIC is terminated, we will, at our sole discretion, notify either you (or for joint GICs, the primary GIC Holder identified in the GIC application) or the deposit broker that we have on file for you.

  • This means that if one (1) of the joint GIC Holders dies during the Term, the surviving joint GIC Holders will become the sole owners of the joint GIC and no ownership in the GIC will transfer to the estate of the deceased GIC Holder.

  • In accordance with Section 19.5, upon receiving notice of the death of a joint GIC Holder whose domicile was Quebec at the time of their death, the GIC (meaning the principal amount paid to us for the GIC plus any unpaid interest earned up to the Redemption Date) will be paid out to the estate of the deceased GIC Holder and the surviving GIC Holders as detailed at Section 17.10(a).

  • Your GIC will not accrue any interest: prior to the Date of Issue; after the Redemption Date, including if your GIC is redeemed prior to the Maturity Date due to the death of a GIC Holder or otherwise.

  • Upon maturity, either: your GIC will not automatically renew and the principal amount you paid to us for your GIC plus any earned but unpaid interest will be paid to you by cheque or EFT, provided however for joint GICs, the principal amount plus any accrued but unpaid interest will be sent to the first GIC Holder identified in your GIC application; or your GIC will automatically renew as set out in your application.

  • We may act on instructions given to us by any joint GIC Holder and disclose information to any joint GIC Holder, without confirming the consent of or receiving authorization from any other joint GIC Holder.

  • Unless we agree otherwise in writing, each document, notice, and communication relating to a joint GIC will be sent to the first GIC Holder identified in your GIC application.

  • If a sole GIC Holder dies during the Term, the GIC (meaning the principal amount paid to us for the GIC plus any unpaid interest earned up to the Redemption Date) will be paid out to the estate of the deceased GIC Holder.

  • In accordance with Section 19.4, upon receiving notice of the death of a joint GIC Holder and the required supporting documentation to confirm the same, we will, at the request of the surviving joint GIC Holders, either: update our records to show only the surviving joint GIC Holders as the joint GIC Holders and allow the GIC to continue until the Maturity Date; or terminate the GIC.


More Definitions of GIC Holder

GIC Holder means the counterparty to a GIC Issuer with respect to a GIC Contract.
Sample 1
GIC Holder means any GIC Entity or any assignee to whom any GIC Entity has transferred rights pursuant to S ection 5.9.
Sample 1

Related to GIC Holder

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Pledge Holder The entity which issued a Letter of Credit.

  • Holder means a Person in whose name a Security is registered in the Security Register.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Ineligible Holder is defined in Section 4.8(c).

  • Beneficial shareholder means the person who is a beneficial owner of shares held in a voting trust or by a nominee as the record shareholder.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Founder means, in respect of an issuer, a person who,

  • Policy Holder means the person who is a legal holder of this Policy and is named as the “Policy Holder” in the Policy Schedule.

  • U.S. Holder means a beneficial owner of units, Class A ordinary shares or warrants that is for U.S. federal income tax purposes (i) an individual citizen or resident of the United States, (ii) a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) that is created or organized (or treated as created or organized) in or under the laws of the United States, any state thereof or the District of Columbia, (iii) an estate the income of which is subject to U.S. federal income taxation regardless of its source, or (iv) a trust if (A) a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust, or (B) it has in effect under applicable U.S. Treasury regulations a valid election to be treated as a U.S. person; and

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Restricted Holder means (i) a holder that is an affiliate of the Company within the meaning of Rule 405, (ii) a holder who acquires Exchange Securities outside the ordinary course of such holder’s business, (iii) a holder who has arrangements or understandings with any person to participate in the Exchange Offer for the purpose of distributing Exchange Securities and (iv) a holder that is a broker-dealer, but only with respect to Exchange Securities received by such broker-dealer pursuant to an Exchange Offer in exchange for Registrable Securities acquired by the broker-dealer directly from the Company.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • or "Holder The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the NIMS Insurer may conclusively rely upon a certificate of the Depositor or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to "Holders" or "Certificateholders" shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee and the NIMS Insurer shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Initial Holder has the meaning set forth in the preamble.

  • Agreement holder means an entity that has executed an agree- ment with a district.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Management Holder means Holders who are employed by, or serve as consultants to or directors of, the Company or any of its Subsidiaries.

  • Management Stockholder shall have the meaning set forth in the introductory paragraph.

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.