Common use of Investment Entity Wholly Owned by Exempt Beneficial Owners Clause in Contracts

Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is an Isle of Man Financial Institution solely because it is an Investment Entity, provided that each direct holder of an Equity Interest in the Entity is an exempt beneficial owner, and each direct holder of a debt interest in such Entity is either a Depository Institution (with respect to a loan made to such Entity) or an exempt beneficial owner.

Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is an Isle of Man Indian Financial Institution solely because it is an Investment Entity, provided that each direct holder of an Equity Interest in the Entity is an exempt beneficial owner, and each direct holder of a debt interest in such Entity is either a Depository Institution (with respect to a loan made to such Entity) or an exempt beneficial owner.

Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is an Isle of Man a Manx Financial Institution solely because it is an Investment Entity, provided that each direct holder of an Equity Interest in the Entity is an exempt beneficial owner, and each direct holder of a debt interest in such Entity is either a Depository Institution (with respect to a loan made to such Entity) or an exempt beneficial owner.

Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is an Isle of Man a Guyanese Financial Institution solely because it is an Investment Entity, provided that each direct holder of an Equity Interest in the Entity is an exempt beneficial owner, and each direct holder of a debt interest in such Entity is either a Depository Institution (with respect to a loan made to such Entity) or an exempt beneficial owner.