Natcan definition
Examples of Natcan in a sentence
Natcan Trust Company, a trust company duly incorporated under the Trust and Loan Companies Act (Canada).
If NTC is unsuccessful in purchasing any Replacement Securities because the market for such securities has become illiquid, NTC shall pay to each Client a cash amount equal to the liquidated Collateral proceeds (minus the value of any Close-Out Balance owed to the Borrower by the Client, if applicable, or plus any Natcan Indemnity corresponding to any Close-Out Balance owed by the Borrower to the Client, if applicable).
This declaration of trust, together with the Application, constitutes an arrangement entered into between Natcan Trust Company as Issuer of the Plan (the “Issuer”), the Agent and any entity (the “Holder[s]”) with whom the Issuer agrees to pay or to cause to be paid to a Beneficiary, Lifetime Disability Assistance Payments to a Beneficiary and Disability Assistance Payments.
NBF and each Client agree, without the execution of any documents or the giving of any notice, that NTC is and will remain subrogated to the Client’s rights against the Borrower under the GMSLA with respect to any Net Sale Proceeds or Natcan Indemnity received by a Client from NTC, and each Client hereby assigns to NTC such rights upon receipt thereof.
The money and assets held under this Account shall be invested by the Trustee, either directly or through the Agent, in the manner provided in the Declaration of Trust creating the Natcan Trust Company Retirement Savings Plan.
Establishment of Fund Natcan Trust Company, a trust company incorporated under the laws of Canada (the “Trustee”) hereby declares itself to be the trustee of the Natcan Trust Company Self-Directed Retirement Savings Plan established by the applicant named in the Application on the reverse side hereof (the “Annuitant”), in accordance with the terms hereof and with the terms of the said Application (the “Application”) which together shall constitute and hereinaker be referred to as the “Plan”.
Natcan Trust Company et al., Ontario Superior Court of Justice, Court File No. CV- 23-00697428-00CP.
The Manager and each Client agree, without the execution of any documents or the giving of any notice, that NTC is and will remain subrogated to the Client’s rights against the Borrower under the GMSLA with respect to any Net Sale Proceeds or Natcan Indemnity received by a Client from NTC, and each Client hereby assigns to NTC such rights upon receipt thereof.
The parties’ addresses for the purposes of delivery of Written Instructions and Notices are the following: If to the Manager: Address: Attention: Email: Telephone: Fax: If to NTC: Natcan Trust Company (c/o NBIN) ▇▇▇ ▇▇▇▇ ▇▇.