applicant Party definition

applicant Party means, with respect to a Letter of Credit, the Borrower that requested such Letter of Credit.
applicant Party means the Contracting Party requesting m) the term “requested Party” means the Contracting Party requested to provide n) the term “information gathering measures” means laws and administrative or judicial procedures that enable a Contracting Party to obtain and provide the requested information; whatever;

Examples of applicant Party in a sentence

  • The competent authority of the requested Party shall forward the requested information as promptly as possible to the applicant Party.

  • If specifically requested by the competent authority of an applicant Party, the competent authority of the requested Party shall provide information under this Article, to the extent allowable under its domestic laws, in the form of depositions of witnesses and authenticated copies of original records.

  • If the information in the possession of the competent authority of the requested Party is not sufficient to enable it to comply with the request for information, that Party shall use all relevant information gathering measures to provide the applicant Party with the information requested, notwithstanding that the requested Party may not need such information for its own tax purposes.

  • The requested Party shall not be required to obtain or provide information that the applicant Party would not be able to obtain under its own laws for purposes of the administration or enforcement of its own tax laws.

  • The requested Party may decline a request for information if the information is requested by the applicant Party to administer or enforce a provision of the tax law of the applicant Party, or any requirement connected therewith, which discriminates against a national of the requested Party as compared with a national of the applicant Party in the same circumstances.


More Definitions of applicant Party

applicant Party means, in respect of each Member State, any institution which makes a request for information, notification or recovery concerning a claim as defined above,
applicant Party means, with respect to a Letter of Credit, the Loan Party for whose account such Letter of Credit is being issued (with all CL Letters of Credit to be issued for the account of the applicable CL Borrower).
applicant Party means, in respect of each Member State, any insti­ tution which makes a request for information, notification or recovery concerning a claim as defined above,
applicant Party means, with respect to a Letter of Credit, (i) the Borrower that requested such Letter of Credit and (ii) in the case of Letters of Credit with respect to which the U.S. Borrower and a Subsidiary are co-applicants, collectively, the U.S. Borrower and such Subsidiary.
applicant Party means each of: (i) the Applicant; (ii) the Manager; (iii) any person or entity that has a direct or indirect ownership interest in the Applicant or the Manager equal to or greater than five (5) percent; and (iv) any Casino Key Employee.
applicant Party means each of: (i) the Applicant; (ii) the Operator; (iii) any person or entity that has a direct or indirect ownership interest in the Applicant or the Operator equal to or greater than 5 percent; and (iv) any Casino Key Employee.
applicant Party means the Customer and the Guarantor(s).