Common use of Beneficial Ownership Rule Clause in Contracts

Beneficial Ownership Rule. At least 51% of the equity interests in the Borrower is owned, directly or indirectly, by a listed entity, and the Borrower is excluded on that basis from the definition of "Legal Entity Customer" as defined in the Beneficial Ownership Rule.

Beneficial Ownership Rule. At least 51% of the equity interests in the Borrower is owned, directly or indirectly, by a listed entity, and the Borrower is excluded on that basis from the definition of "Legal Entity Customer" as defined in the Beneficial Ownership Rule.excluded

Beneficial Ownership Rule. At least 51% of the equity interests in the Borrower is owned, directly or indirectly, by a listed entity, and the Borrower is excluded on that basis from the definition of "Legal Entity Customer" as defined in the Beneficial Ownership Rule.87 149194398v7

Beneficial Ownership Rule. At least 51% of the equity interests in the Borrower is owned, directly or indirectly, by a listed entity, and the Borrower is excluded on that basis from the definition of "Legal Entity Customer" as defined in the Beneficial Ownership Rule.85

Beneficial Ownership Rule. At least 51% of the equity interests in the Borrower is owned, directly or indirectly, by a listed entity, and the Borrower is excluded on that basis from the definition of "Legal Entity Customer" as defined in the Beneficial Ownership Rule. DB1/ 139452285.4144571789.3 81 Section 5.02.