2. Interpretation
In this Order —
“Agreement” means the Business Transfer Agreement Relating to the Sale and Purchase of the Branch Business of RBTT Bank Caribbean Limited in Saint Lucia which was signed on the 15th day of April, 2015 between RBTT Bank Caribbean Limited and Royal Bank of Canada;
“assets” has the meaning assigned to it in the Agreement;
“branch business” means the business carried on by the RBTT Bank Caribbean Limited in Saint Lucia, comprising the assets, liabilities and properties of the RBTT Bank Caribbean Limited in Saint Lucia;
“liabilities” has the meaning assigned to it in the Agreement;
“properties” means all moveable and immovable property in Saint Lucia owned or leased by the RBTT Bank Caribbean Limited;
“RBTT Bank Caribbean Limited” means the company incorporated in St. Vincent and the Grenadines and which is registered and licensed under the laws of Saint Lucia;
“Royal Bank of Canada” means the Canadian chartered bank which is registered and licensed under the laws of Saint Lucia.