Examples of RDSP in a sentence
The Issuer and Agent and their officers, employees, and agents shall be indemnified by the Holder and the RDSP directly from RDSP Assets against all expenses, liabilities, claims, demands or penalties arising out of or in respect of the RDSP and the RDSP Assets.
Neither the Issuer nor the Agent are responsible for valuing RDSP Assets that are not publicly traded on a stock exchange recognized within the Applicable Legislation.
Neither the Issuer nor the Agent will be liable for any charges incurred in performing their duties under the RDSP, the Declaration or any additional terms and conditions which may apply to the RDSP under Applicable Legislation in connection with any transfers by the RDSP, unless caused by willful misconduct or gross negligence by the Issuer or the Agent or their officers, employees or agents.
The terms of the RDSP will be construed, administered and enforced according to the laws of the Province of British Columbia and the federal laws of Canada applicable in British Columbia.
Without limiting the Issuer’s responsibility as trustee of the RDSP, the Issuer may appoint agents and may delegate to their agents the performance of administrative and any other duties required under the RDSP and Declaration.