Examples of Registered Plans in a sentence
Upon the basis of the foregoing, I am of the opinion that when issued, delivered, and paid for in accordance with this Registration Statement and Registered Plans and after the filing of this Registration Statement with the Securities and Exchange Commission, the Shares will be validly and legally issued and will be fully paid and non-assessable.
Canadian Shareholders who are exempt from tax under Part I of the Tax Act should not elect to receive Exchange LP Units in lieu of BPY Units pursuant to the Arrangement because such Canadian Shareholders generally would not benefit from rollover treatment on the exchange of their BPO Common Shares and Exchange LP Units are not a "qualified investment" for Registered Plans.
Notwithstanding the foregoing, the discontinuance or termination of one or both of the Registered Plans shall not adversely affect the aggregate Canadian Pacific Railway CompanySupplemental Retirement PlanEffective January 1, 2011 Page 13of the benefits which have accrued to the Member under the Registered Plans and the Supplemental Plan immediately prior to the time such action is taken.
In general terms, a Controlling Individual of a RRSP, RRIF, RDSP, TFSA or RESP will have a significant interest in the Company if the Controlling Individual, together with any other persons and partnerships with which the Controlling Individual does not deal at arm’s length, hold, directly or indirectly through one or more trusts (including Registered Plans), 10% or more of the value of the outstanding shares of the Company.
Canadian Pacific Railway CompanySupplemental Retirement PlanEffective January 1, 2011 Page 1611.08Notwithstanding any other provision of the Supplemental Plan, no amount shall be payable to or in respect of a Member until the Member, Spouse or Designated Beneficiary, as applicable, has provided the Company with all information reasonably required to calculate and pay any amounts due under the Supplemental Plan and the Registered Plans.