GIC Provider definition

GIC Provider means in relation to any person the provider of guaranteed investment services to such person pursuant to a guaranteed investment contract;

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GIC Provider or “GDA Provider” means Royal Bank, in its capacity as GIC provider under the Guaranteed Investment Contract together with any successor GIC provider appointed from time to time and, upon shall if applicable and unless the context requires otherwise, the Stand-by GIC Provider;

GIC Provider means National Bank of Canada, in its capacity as GIC provider under the Guaranteed Investment Contract together with any successor GIC provider appointed from time to time;

Examples of GIC Provider in a sentence

• Following the service of a Note Acceleration Notice on the Issuer the Security Trustee may serve a notice of termination on the Account Bank or the GIC Provider at any time.

• The Cash Manager shall as soon as is reasonably practicable send notice to the GIC Provider and the Account Bank if termination has or will occur in accordance with this Clause 9.4.

• The GIC Provider is hereby authorised by the Issuer to provide statements in respect of the GIC Account to the Cash Manager and the Security Trustee.

• Each of the Account Bank and the GIC Provider, as the case may be, agrees and confirms that, unless otherwise notified by the Issuer or the Security Trustee, the Cash Manager, as agent of the Issuer, may act on behalf of the Issuer under this Agreement or the Guaranteed Investment Contract.

• The GIC Provider acknowledges that the GIC Account Mandate shall be subject to the terms of the Deed of Charge, the Guaranteed Investment Contract and this Agreement.

More Definitions of GIC Provider

GIC Provider means Barclays Bank PLC (registered number 01026167) whose registered office is at 54 Lombard Street, London EC3P 3AH, United Kingdom in its capacity as provider of the guaranteed investment contract pursuant to the Guaranteed Investment Contract;

GIC Provider means KBC Investments Hong Kong Limited as GIC provider pursuant to the Investment Agreement, and any successor in title thereto.

GIC Provider means HSBC Bank Canada, in its capacity as GIC provider under the Guaranteed Investment Contract together with any successor GIC provider appointed from time to time;

GIC Provider means any of AIG Matched Funding Corp., MBIA Inc. or Natixis Funding Corp., as provider of a guaranteed investment contract.

GIC Provider means XL Asset Funding Company I LLC, as provider of a guaranteed investment contract.

GIC Provider means Royal Bank of Canada, London Branch or such other person or persons who may replace any of it as the provider of a Guaranteed Investment Contract;

GIC Provider means MBIA Inc., as provider of a guaranteed investment contract.