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 a United Arab Emirates 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.

Appears in 2 contracts

Samples: International Tax Compliance Agreement, International Tax Compliance Agreement

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Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is a United Arab Emirates Kingdom of Saudi Arabia 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.

Appears in 1 contract

Samples: International Tax Compliance Agreement

Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is a United Arab Emirates Bahrain 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.

Appears in 1 contract

Samples: International Tax Compliance Agreement

Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is a United Arab Emirates Qatari 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.

Appears in 1 contract

Samples: International Tax Compliance Agreement

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Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is a United Arab Emirates Kuwait 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.

Appears in 1 contract

Samples: International Tax Compliance Agreement

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