Examples of Investment Certificates in a sentence
No fee shall be charged for repurchase of the Investment Certificates.
The Investor shall be responsible for the information stated in the Application being true and complete.After the Investment Certificates are withdrawn from circulation, all the Investor’s rights ensuing from the Investment Certificates shall be terminated, except the rights of claim for the amount equal to the Investment Certificates repurchase price.
Cash and cash equivalents consisting of Guaranteed Investment Certificates (“GICs”) have been invested with Schedule 1 banks or equivalents, with its cash held in Canadian based banking institutions, authorized under the Bank Act to accept deposits, which may be eligible for deposit insurance provided by the Canadian Deposit Insurance Corporation.
The reclamation deposits are in the form of Guaranteed Investment Certificates pledged to the Minister of Finance for the Province of British Columbia to cover the estimated cost of reclaiming the Company’s exploration projects.
Besides, sickness in NPCC resulted in accumulation of GOI loan of ` 235.23 crore with interest of ` 434.65 crore.
The Company, pursuing the Investor’s interests and at its own discretion, may make other payments at the Company's expense.This information is aimed at supplying the Investors with general overview of total expenses that the Investors will have to cover directly or indirectly, having purchased the Investment Certificates.
Where extraordinary situation is present on financial market (stock exchanges, banks, brokerage companies are temporarily closed or transactions in financial instruments cannot be performed due to other reasons) or other force majeure circumstances occur, the Company may suspend trading in the Investment Certificates for the duration of such circumstances.
Unless the submitted Application for Purchase of the Investment Certificates is revoked on the day of submitting the Application, the Company shall issue the Investment Certificates following the procedure set forth in the Fund Prospectus and Regulations.The Distributor may engage third parties in arranging distribution of the Investment Certificates, including intermediaries, dealers, and other persons entitled to render such services.
The Distributor shall ensure that the Investment Certificates are sold and repurchased in accordance with provisions of the LR legal acts, the Prospectus, and the Fund Management Regulations.
If the amount of funds necessary to purchase the Investment Certificates is not credited to the respective cash account, the Application shall be deemed invalid and void.The Application for Purchase of the Investment Certificates submitted to the Company or the Distributor shall be deemed equal to an order for purchasing financial instruments.