PDIC definition

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

Examples of PDIC in a sentence

  • As such, the participation in the Fund is not covered by the Philippine Deposit Insurance Corporation (PDIC).

  • In the absence of any of the foregoing, PDIC shall deem the outstanding deposit as maintained for the benefit of the transferor although in the name of the transferee, subject to consolidation with the other deposits of the transferor.

  • In case of transfers or break-up of deposits, PDIC shall recognize actual/beneficial ownership of transferees who are qualified relatives of the transferor.

  • PDIC shall presume that the name/s appearing on the deposit instrument is/are the actual/beneficial owner/s of the deposit, except as provided therein.

  • PDIC may require additional documents from the depositor to ascertain the details of the deposit transfer or the right and capacity of the transferee or his relationship to the transferor.


More Definitions of PDIC

PDIC means the Philippine Deposit Insurance 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 Philippine Deposit Insurance Corporation created under Republic Xxx 0000, as amended;
PDIC. Pxxxxx 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.
PDIC means Professionals Direct Insurance Company, a Michigan stock insurance company.
PDIC means the Corporation’s Plan Design Information Committee;