RTIH definition
Examples of RTIH in a sentence
RTEC is entitled to sell and transfer to RTIH the full legal and beneficial ownership of the Shares on the terms of this Agreement without the consent of any third party.
In the event that RTEC holds Shares for RTIH as nominee, RTIH irrevocably and unconditionally undertakes with RTEC to indemnify RTEC immediately on demand against any and all liabilities, losses, penalties, fines, damages, claims, costs, expenses and legal and professional fees and disbursements incurred, suffered or sustained by RTEC or asserted against RTEC in connection with RTEC holding the Shares as nominee for RTIH.
The beneficial interest in the Shares shall not pass to RTIH until Completion.
Without limitation to the foregoing, RTEC shall assist RTIH in procuring the transfer of all those Shares held in uncertificated form in the account of Kennecott Canada Exploration Inc.