Section 116 Certificate has the meaning set forth in Section 3.6.

Section 116 Certificate means a Certificate (as amended by any subsequent amendments thereto) with Respect to the Proposed Disposition of Property by a Non-Resident of Canada issued by the Canadian Minsister of National Revenue pursuant to Section 116(4) of the Canadian Income Tax Act, with a Certificate Limit fixed by the Minister of National Revenue in such Certificate.

Section 116 Certificate shall have the meaning set forth in Section 5.15(a) hereof.

Examples of Section 116 Certificate in a sentence

This was in line with the valuation provided by the specialist valuer firm Gordon Brothers, for the Company’s plant and equipment on an in-situ basis.
In vivo measurement of posterior chamber intraocular lens decentration and tilt.
Purchaser, the Company and their respective Affiliates shall cooperate with Seller in obtaining the Section 116 Certificate and none of Purchaser or any of its Affiliates shall take any action which would interfere with, or cause a delay in, Seller obtaining the Section 116 Certificate or the release of the Section 116 Escrow Amount.
Seller will apply for a certificate pursuant to section 116 of the Tax Act in respect of the sale of the Shares by Seller to Purchaser (the “ Section 116 Certificate ”).
Section 1.16: Certificate of Competency/Licensure, Permits, and Fees Any person, firm, corporation or joint venture that submits an offer in response to a County solicitation shall, at the time of such offer, hold a valid Certificate of Competency or appropriate current license issued by the State or County Examining Board qualifying said person, firm, corporation or joint venture to perform the work proposed.

More Definitions of Section 116 Certificate

Section 116 Certificate has the meaning set forth in Section 2.5.1.

Section 116 Certificate has the meaning ascribed to such term in paragraph 5.3(e);

Section 116 Certificate means a certificate issued by the Minister of National Revenue under subsection 116(2) of the ITA in connection with the disposition of the RP Interests.

Section 116 Certificate has the meaning ascribed thereto in Section 2.4(1) hereof.

Section 116 Certificate has the meaning assigned to such term in Section 3.6 of this Agreement.

Section 116 Certificate means a certificate issued by the Minister of National Revenue (Canada) under subsection 116(2) of the Tax Act in connection with the SemGroup Contribution;

Section 116 Certificate means a certificate as contemplated in Section 116 of the Act;