Discretion to Close Account. USL shall have its sole discretion in closing any Account or not opening any account or executing any orders for the “U.S. person”, “recalcitrant account holder”, “non-participating foreign financial institution”, “passive non-financial foreign entity with substantial U.S. owner(s) or controlling U.S. person(s)”, or any other Account holder with classification or status that may impose any reporting or withholding obligations on USL as defined by FATCA.
Discretion to Close Account uSMART SG shall have its sole and absolute discretion in closing any Account or not opening any account or executing any orders for the “U.S. person”, “recalcitrant account holder”, “non-participating foreign financial institution”, “passive non-financial foreign entity with substantial U.S. owner(s) or controlling U.S. person(s)”, or any other Account holder with classification or status that may impose any reporting or withholding obligations on uSMART SG as defined by XXXXX.
Discretion to Close Account. USPL shall have its sole discretion in closing any Account or not opening any account or executing any orders for the “U.S. person”, “recalcitrant account holder”, “non- participating foreign financial institution”, “passive non-financial foreign entity with substantial U.S. owner(s) or controlling U.S. person(s)”, or any other Account holder with classification or status that may impose any reporting or withholding obligations on USPL as defined by FATCA.
