Common use of Entity Accounts Not Required to Be Reviewed, Identified or Reported Clause in Contracts

Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Cayman Islands Financial Institution elects otherwise, either with respect to all New Individual Accounts or, separately, with respect to any clearly identified group of such accounts, where the implementing rules in the jurisdiction provide for such an election, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of 30 June 2014, are not required to be reviewed, identified, or reported as United Kingdom Reportable Accounts until the account balance exceeds $1,000,000.

Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Cayman British Virgin Islands Financial Institution elects otherwise, either with respect to all New Individual Accounts or, separately, with respect to any clearly identified group of such accounts, where the implementing rules in the jurisdiction provide for such an election, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of 30 June 2014, are not required to be reviewed, identified, or reported as United Kingdom Reportable Accounts until the account balance exceeds $1,000,000.

Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Cayman Islands Financial Institution elects otherwise, either with respect to all New Individual Preexisting Entity Accounts or, separately, with respect to any clearly identified group of such accounts, where the implementing rules in the jurisdiction Cayman Islands provide for such an election, a Preexisting Entity Accounts Account with an account balances balance or value that do does not exceed $250,000 as of 30 June 30, 2014, are is not required to be reviewed, identified, or reported as United Kingdom a U.S. Reportable Accounts Account until the account balance or value exceeds $1,000,000.

Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the Reporting Cayman Turks and Caicos Islands Financial Institution elects otherwise, either with respect to all New Individual Accounts or, separately, with respect to any clearly identified group of such accounts, where the implementing rules in the jurisdiction provide for such an election, Preexisting Entity Accounts with account balances that do not exceed $250,000 as of 30 June 2014, are not required to be reviewed, identified, or reported as United Kingdom Reportable Accounts until the account balance exceeds $1,000,000.