Common use of Aggregation of Entity Accounts Clause in Contracts

Aggregation of Entity Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an Entity, a Reporting Slovenian Financial Institution is required to take into account all Financial Accounts that are maintained by the Reporting Slovenian Financial Institution, or by a Related Entity, but only to the extent that the Reporting Slovenian Financial Institution’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated.

Appears in 2 contracts

Samples: Agreement, Agreement

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Aggregation of Entity Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an Entity, a Reporting Slovenian Serbian Financial Institution is required to take into account all Financial Accounts that are maintained by the Reporting Slovenian Serbian Financial Institution, or by a Related Entity, but only to the extent that the Reporting Slovenian Serbian Financial Institution’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated.

Appears in 2 contracts

Samples: Agreement, Agreement

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