Successor Holder definition

Successor Holder means spouse or common-law partner designated by you as the successor holder of the TFSA in the event of your death.

Successor Holder means the individual who is the Holder's survivor as defined in subsection 146.2(1) of the Act whom the Holder designates to become and who then becomes the holder (as defined in subsection 146.2(1) of the Act) of the Plan;

Successor Holder. Means an individual’s survivor, following the death of the individual, who was duly designated by the individual to acquire all their rights as the holder of the TFSA.

Examples of Successor Holder in a sentence

• In the event of your death where there is no Successor Holder, or a Successor Holder has not been designated, we shall, upon receipt of satisfactory evidence of your death, realize your interest in the TFSA.

• Any reference to “Holder” or “applicant” in the Declaration of Trust or in the Application means the Holder or Successor Holder.

• Estate MattersYou may designate your spouse or common-law partner as the Successor Holder of the TFSA in a will.

• Alternatively, in provinces or territories where it is allowed, you may designate a Successor Holder on a form acceptable to us and in accordance with applicable provincial legislation.

• In the event of the death of the Holder where the Holder has validly designated the Successor Holder (and the Holder is domiciled in a jurisdiction designated by the Trustee as one in which a holder of a tax-free savings account may validly designate a successor holder), the Successor Holder shall become the Holder.

More Definitions of Successor Holder

Successor Holder means the estate of the deceased Original Holder as well as any successor beneficial owner (by will or laws of succession) of the S-SCUs of the deceased Original Holder, provided however, that a Record Holder of S-SCUs that was deemed an Original Holder under clause (e) above with respect to such S-SCUs on behalf of such deceased Original Holder shall likewise be deemed a Successor Holder of such S-SCUs on behalf of such Successor Holder(s) for purposes of this Section 5.

Successor Holder means: (i) the legal representative of the estate of a deceased Holder or (ii) the person who shall acquire the right to exercise an Award by bequest or inheritance or other transfer or by reason of the death of the Holder or (iii) persons who shall acquire the right to exercise an Award on behalf of the Holder as the result of a determination by a court or other governmental agency of the incapacity of the Holder.

Successor Holder shall have the meaning set forth in Section 13.15.

Successor Holder means any member of a TPG Sponsor Entity that receives Registrable Shares in a Successor Distribution and becomes a signatory to this Agreement or an amendment thereto.”

Successor Holder means any member of a TPG Sponsor Entity that receives Registrable Shares in a Successor Distribution and becomes a signatory to this Agreement or an amendment thereto.” ““TPG Sponsor Entity” shall mean TPG Successor and any Successor Holder controlled by TPG Group Holdings (SBS) Advisors, Inc.” ““TPG Successor” shall mean TPG Pace Energy Sponsor Successor, LLC, a Delaware limited liability company.” (b)

Successor Holder means an individual who is my survivor as defined in subsection 146.2(1) of the Income Tax Act (Canada) (“Tax Act”) whom I designate to become and who becomes the holder (as defined in subsection 146.2(1) of the Tax Act) of the Plan after my death; and “Holder” means the Original Holder or the Successor Holder.

Successor Holder means any person to whom a Property Contributor or Successor Holder transfers or conveys all or a portion of the OP Units held by it for estate planning purposes, including a transfer or conveyance to (i) parents, spouses, siblings, descendants, and/or ancestors by such Property Contributor or Successor Holder or an individual who owns an interest in such Property Contributor or Successor Holder, and (ii) trusts, family trusts, partnerships, limited liability companies, family limited partnerships or other entities established for estate planning purposes by such Property Contributor or Successor Holder or an individual who owns an interest in such Property Contributor or Successor Holder.