PDIC definition

PDIC means Philippine Deposit Insurance Corporation;

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PDIC means the Philippine Deposit Insurance Corporation or any successor thereto;

PDIC means the Philippine Deposit Insurance Corporation. “PDTC” shall refer to the Philippine Depository & Trust Corp. “Permitted Lien” shall mean any of the following:

Examples of PDIC in a sentence

• No waiver by PDIC of any of its rights under this Contract shall be deemed to have been made unless expressed in writing and signed by PDIC.

• The failure of PDIC to insist upon the strict performance of any of the terms, conditions and covenants hereof shall not be deemed a relinquishment or waiver of any right or remedy that PDIC may have nor shall it be construed as a waiver of any subsequent breach or default of the terms, conditions and covenants hereof, which in turn, shall continue to be in full force and effect.

• In the event that PDIC is compelled to seek judicial relief to enforce the provisions of this Contract, it shall be entitled to attorney's fees and liquidated damages equivalent to ten percent (10%) and fifteen percent (15%), respectively, of the contract price or the amount claimed in the judicial action, whichever is higher, aside from the costs of litigation and other expenses incidental thereto.

• It is understood that the Unit Investment Trust Funds are not deposit products and thus, are not covered by the Philippine Deposit Insurance Corporation (PDIC) and that losses, if any, shall be for the account of the TRUSTOR/s.

• It is understood that the FUND is not a deposit product and thus, is not covered by the Philippine Deposit Insurance Corporation (PDIC) and that losses, if any, shall be for the account of the TRUSTOR.

More Definitions of PDIC

PDIC means the Philippine Deposit Insurance Corporation.

PDIC means the Philippines Deposit Insurance Corporation; and

PDIC means the Philippine Deposit Insurance Corporation or any successor thereof.

PDIC means the Philippine Deposit Insurance Corporation. "PDTC" means Philippine Depository and Trust Corporation.

PDIC means Philippine Deposit Insurance Corporation; “PLACEMENT AGREEMENT” means the Issue Arrangement and Placement Agreement in the agreed form dated on or about August 26, 2016 among the Bank, the Arranger and Selling Agents, as may be amended or supplemented from time to time; “PRE-TERMINATION AMOUNT” means the face value of a relevant series of the LTNCDs, subject of a Pre- termination Option, plus accrued interest covering the accrued and unpaid interest as of but excluding the Pre-termination Date in respect of such relevant series of the LTNCDs. “PRE-TERMINATION DATE” means, in respect of a series of LTNCDs, the Interest Payment Date on which the Bank may exercise its Pre-termination Option for such series pursuant to Condition 14 of these Terms and Conditions; “PRE-TERMINATION OPTION” means the option of the Bank to redeem a relevant series of the LTNCDs as a whole, but not in part, on any Interest Payment Date on the basis of events specified in, and in accordance with, Condition 14 of these Terms and Conditions; “PRICING DATE” means any day within the relevant Offer Period and prior to the Issue Date, as may be determined by the Issuer in consultation with the Arranger; “PROHIBITED CD HOLDER(S)” means persons and entities which are prohibited from purchasing and/or holding any LTNCDs of the Bank pursuant to BSP Rules, specifically: (1) the Bank; (2) the subsidiaries and affiliates of the Bank; (3) wholly or majority-owned or controlled entities of the subsidiaries and affiliates of the Bank; and (4) persons classified asU.S. Persons under the Foreign Account Tax Compliance Act of the United States, as this may be amended from time to time, which include: a U.S. citizen (including dual citizen); a U.S. resident alien for U.S. tax purposes; a US partnership; a U.S. corporation; any U.S. estate; any U.S. trust if: (a) a court within the United States is able to exercise primary supervision over the administration of the trust; (b) one or more U.S. persons have the authority to control all substantial decisions of the trust; any other person that is not a non-US person. A “subsidiary” means, at any particular time, a company which is then directly controlled, or more than fifty percent (50%) of whose issued voting equity share capital (or equivalent) is then beneficially owned, by the Bank and/or one or more of its subsidiaries or affiliates. An “affiliate” means, at any particular time, a company at least twenty percent (20%) but not more than fifty per...

PDIC means the Corporation’s Plan Design Information Committee;

PDIC. P▇▇▇▇▇ Dodge International Corporation, a Delaware corporation. PDIC Active Employees: each employee of PDIC and its subsidiaries as of the Closing Date that is listed on Schedule 5.1 hereto. PDIC Employees: each U.S. based employee of PDIC and its subsidiaries and each former U.S. based employee of PDIC or any of its subsidiaries entitled to any compensation, benefits or other payments arising in connection with such former employee’s employment with PDIC or any of its subsidiaries.