Resident Holder definition

Resident Holder means a Holder who, for the purposes of the Tax Act and at all relevant times, is or is deemed to be a resident of Canada.

Resident Holder means a beneficial holder of the Notes who, for the purposes of the Tax Act and any applicable income tax convention, at all relevant times, is or is deemed to be resident in Canada;

Resident Holder means a Holder who, for the purposes of the Tax Act and at all relevant times, is or is deemed to be a resident of Canada. “RESP” has the meaning given to it under Item 3.D “Risk Factors — Risks Related to Taxation — Canada”.

Examples of Resident Holder in a sentence

• A U.S. Resident Holder who disposes or is deemed to dispose of one or more Common Shares generally should not thereby incur any liability for Canadian federal income tax in respect of any capital gain arising as a consequence of the disposition.

• The tax treatment of a Subsequent Acquisition Transaction to a Resident Holder will depend upon the exact manner in which the Subsequent Acquisition Transaction is carried out and the consideration offered, and accordingly it is not possible to comment except in very general terms.

• This summary is of a general nature only, is not exhaustive of all possible Canadian federal income tax considerations, and is not intended to be and should not be construed as legal or tax advice to any particular U.S. Resident Holder.

• A Resident Holder will be required to include all such interest in computing its income under the Tax Act for the taxation year in which the Date of Conversion occurs, to the extent such amount has not otherwise been included in income in a preceding taxation year.

• The Resident Holder will recognize a capital gain (or a capital loss) equal to the amount by which such proceeds of disposition are greater (or less) than the aggregate of the adjusted cost base of the Convertible Debentures to the Resident Holder and any reasonable costs of disposition.

More Definitions of Resident Holder

Resident Holder means a Holder who, for the purposes of the Tax Act and any applicable income tax treaty, is or is deemed to be a resident of Canada at all relevant times;

Resident Holder means a Holder who, at all relevant times, for purposes of the Tax Act and any applicable income tax treaty or convention, is resident in Canada;

Resident Holder means a Holder who, for purposes of the Tax Act and at all relevant times, is resident or is deemed to be resident in Canada under the Tax Act;

Resident Holder means a Holder that, at all relevant times for the purposes of the Tax Act, is or is deemed to be resident in Canada. "Restructuring Transactions" means, collectively, the Rights Offering and the Debt Restructuring.

Resident Holder has the meaning ascribed thereto in “Certain Canadian Federal Income Tax Considerations”;

Resident Holder means a Shareholder who is a Resident;

Resident Holder means a Holder who, for the purposes of the Tax Act and at all relevant times, is or is deemed to be a resident of Canada. “ RPS ” has the meaning given to it under Item 4.B “Business Overview — Global Renewable Power Drivers”.