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Document Id : 4117
File Type : Microsoft Word
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Canada Asset Enhancement Loan Program Contract
Prepare an Asset Enhancement Loan Program Contract with this ready-made template.
- The contract is between a lender and an investment corporation, under which the lender loans funds to the corporation, to be used for the purchase of US Treasury Bill(s).
- The treasury bills will be held in trust by a holding company, with interest being paid to the investment corporation.
- Following the last interest payment on the loan, the principal amount of the loan will be paid in full.
- This document is intended for use by Canadian residents as part of an international foundation structure pursuant to the requirements of the Income Tax Act (Canada) and ITA Regulations.
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