CONNECTED PARTIES. The Facility is granted on the Chargor’s representation that the Chargor’s directors, their spouses, dependents of the spouses, children, parents, brothers or sisters and their spouses are not Close Relatives of the directors, controlling shareholder, executive officers and credit officers of the Chargee. ‘Close Relatives’ shall have the meaning as defined in the Guidelines on Credit Transactions and Exposures with Connected Parties issued by BNM.
CONNECTED PARTIES. To enable the Owner to comply with IFSA and the BNM Guidelines on Credit Transactions and Exposures with Connected Parties (“Guidelines”), the Hirer shall declare to the Owner whether the Hirer is a connected party under the Guidelines, which includes but is not limited to, a spouse, child, parent or financial dependent of the Owner’s Director, Executive Officer or credit-approving/appraising/reviewing officer or in the case of a corporate/business-customer, includes an entity controlled by such abovementioned persons of the Owner. If at any time the Hirer becomes a connected person, the Hirer must notify the Owner immediately. The Owner reserves the right to terminate this Agreement in the event the Hirer fails to make the appropriate or correct declaration resulting in the Owner contravening the IFSA or the said Guidelines.
CONNECTED PARTIES. Unless permitted by guidelines issued by any authority which has jurisdiction over the Bank:-
(i) the Customer and/or any of his close relatives are not a director (including alternate director) in the Bank or any of the financial institutions in the Group;
(ii) the Customer and/or his close relatives are not a controlling shareholder or influential shareholder in the Bank or any of the financial institutions in the Group;
(iii) the Customer is not an executive officer or designated officer of the Bank;
(iv) the Customer is not a firm, partnership, company or any other legal entity:-
CONNECTED PARTIES. The Customer further covenants that none of the directors, managers, guarantors, agents or shareholders or employees of the Customer or the spouses, parents, children of such directors, guarantors, managers, agents, shareholders or employees are directors, officers or in any way otherwise connected with MDV.
CONNECTED PARTIES. Unless permitted by guidelines issued by any authority which has jurisdiction over the Bank:-
(a) the Customer and/or any of his close relatives are not a director (including alternate director) in the Bank or any of the financial institutions in the Group;
(b) the Customer and/or his close relatives are not a controlling shareholder or influential shareholder in the Bank or any of the financial institutions in the Group;
(c) the Customer is not an executive officer or designated officer of the Bank;
(d) the Customer is not a firm, partnership, company or any other legal entity:-
(i) which is in control of or is controlled by any persons stated in Clause 2.1.16(a) to (c); or
(ii) in which any person (including their close relatives in the case of individual) listed in Clause 2.1.16(a) to (c) other than a designated officer is interested as a director, partner, executive officer, agent or guarantor and their subsidiaries or entities controlled by them. For the purpose of this Clause:-
CONNECTED PARTIES. Except for any Intercompany Obligations and Agreements, where a Seller, Transferred Entity or Portfolio Investment is a lender in relation to a Portfolio Investment and transferred Asset, Sellers are not and were not at any relevant time “connected” (as such term is used in the United Kingdom Insolvency Act 1986 (or any similar provision in any relevant jurisdiction)) with any obligor.
CONNECTED PARTIES. To enable the Owner to comply with the Financial Services Xxx 0000 (“FSA”) and the BNM Guidelines on Credit Transactions and Exposures with Connected Parties (“Guidelines”), the Hirer shall declare to the Owner whether the Hirer is a connected party under the Guidelines, which includes but is not limited to a spouse, child, parent or financial dependant of the Owner’s Director, Executive Officer or credit-approving/appraising/reviewing officer or in the case of a corporate/business-customer, includes an entity controlled by such abovementioned persons of the Owner’s. If at any time the Hirer becomes a connected person, the Hirer must notify the Owner immediately. Owner reserves the right to terminate this Agreement in the event the Hirer fails to make the appropriate or correct declaration resulting in the Owner contravening the FSA or the said Guidelines.
CONNECTED PARTIES. The Facility is granted on the Customer’s representation that the Customer’s directors, their spouses, dependents of the spouses, children, parents, brothers or sisters and their spouses are not Close Relatives of the directors, controlling shareholder, executive officers and credit officers of the Bank. ‘Close Relatives’ shall have the meaning as defined in the Guidelines on Credit Transactions and Exposures with Connected Parties issued by BNM.
CONNECTED PARTIES to the best of the Borrower’s knowledge and information after due and careful inquiry, the granting of the Facilities is not a related party transaction and to the best of the Borrower’s knowledge and information after due and careful inquiry:-
(i) the Borrower’s directors are not a close relative to any Connected Parties of the Bank, or any of the Bank’s subsidiaries or entities controlled by the Bank;
(ii) it has no control over the Bank’s Connected Parties; and
(iii) none of the Bank’s Connected Parties are interested as director, partner, executive officer, agent of or guarantor for the Borrower, its holding company and/or its ultimate holding company. The Borrower shall immediately inform the Bank if the above is not true and correct and provide the Bank with the names of the Connected Parties and their relationship;
CONNECTED PARTIES. Unless permitted by guidelines issued by any authority which has jurisdiction over the Bank:-
(i) the Borrower and/or any of his close relatives are not a director (including alternate director) in the Bank or any of the financial institutions in the Group;
(ii) the Borrower and/or his close relatives are not a controlling shareholder or influential shareholder in the Bank or any of the financial institutions in the Group;
(iii) the Borrower is not an executive officer or designated officer of the Bank;
(iv) the Borrower is not a firm, partnership, company or any other legal entity:-
(a) which is in control of or is controlled by any persons stated in Clause 2.1.19(i) to (iii); or
(b) in which any person (including their close relatives in the case of individual) listed in Clause 2.1.19
(i) to (iii) other than a designated officer is interested as a director, partner, executive officer, agent or guarantor and their subsidiaries or entities controlled by them. For the purpose of this Clause:-
