Bermuda FATCA Legislation definition

Bermuda FATCA Legislation. The U.S.A. – Bermuda Tax Convention Act 1986, the International Cooperation (Tax Information Exchange Agreements) Act 2005 (each as amended) together with any implementing legislation, rules, regulations and guidance notes with respect to such laws and pertaining to the implementation of FATCA and the CRS in Bermuda.
Bermuda FATCA Legislation. The U.S.A. – Bermuda Tax Convention Act 1986, the International Cooperation (Tax Information Exchange Agreements) Act 2005 (each as amended) together with any implementing legislation, rules, regulations and guidance notes with respect to such laws and pertaining to the implementation of FATCA and the CRS in Bermuda. "Bond": A debt obligation or debt security (that is not a Loan) that is issued by a corporation, limited liability company, partnership, trust or other entity (that is not a municipal or sovereign issuer). "Board of Directors": With respect to the Issuer, the directors of the Issuer duly appointed by the shareholders of the Issuer or the board of directors of the Issuer. "Board Resolution": With respect to the Issuer, a resolution of the Board of Directors of the Issuer and, with respect to the Co-Issuer, a resolution of the managers or the member of the Co-Issuer. "Book Value": "Book value" within the meaning of Treasury Regulations Section 1.704-1(b)(2)(iv), adjusted (to the extent permitted under Treasury Regulations Section 1.704-
Bermuda FATCA Legislation means the Bermuda IGA, the U.S.A. – Bermuda Tax Convention Act 1986, the International Cooperation (Tax Information Exchange Agreements) Act 2005, the International Cooperation (Tax Information Exchange Agreements) Common reporting Standards Regulation 2017 and the OECD Standard for Automatic Exchange of Financial Account Information – Common Reporting Standard (each as amended) and the CRS, together with any implementing legislation, rules, regulations and guidance notes with respect to such laws pertaining to the implementation of FATCA and the CRS in Bermuda. "Borrower" shall have the meaning assigned to such term in the preamble. "Borrower Order" shall have the meaning assigned to "Issuer Order" or "Issuer Request" in the Indenture; provided that, for this purpose references therein to "this Indenture" shall be read to mean "the Indenture or this Agreement." "Borrowing Request" shall have the meaning assigned to such term in Section 3.1(a). "Class A-1A Commitment" shall have the meaning assigned to such term in Section 2.1(b). "Co-Borrower" shall have the meaning assigned to such term in the preamble. "Co-Borrowers" shall have the meaning assigned to such term in the preamble. "Code" means the United States Internal Revenue Code of 1986, as amended. "Collateral Documents" means the Indenture, the Securities Account Control Agreement and any other agreement, instrument or document executed and delivered by or on behalf of the Co-Borrowers in connection with the foregoing or pursuant to which a lien is granted in accordance with the terms of the Indenture as security for any of the Secured Loans.

Examples of Bermuda FATCA Legislation in a sentence

  • Each Lender agrees that the Borrower, the Collateral Trustee and/or their agents or representatives may (1) provide any information and documentation concerning its investment in its Secured Loans to the Bermuda Monetary Authority in Bermuda, the IRS and any other relevant governmental, tax or regulatory authority and (2) take such other steps as they deem necessary or helpful to ensure that the Borrower complies with FATCA and the Bermuda FATCA Legislation.

  • Each Holder agrees that the Issuer, the Collateral Trustee and/or their agents or representatives may (1) provide any information and documentation concerning its investment in its Notes to the Bermuda Monetary Authority in Bermuda, the IRS and any other relevant governmental, tax or regulatory authority and (2) take such other steps as they deem necessary or helpful to ensure that the Issuer complies with FATCA and the Bermuda FATCA Legislation.


More Definitions of Bermuda FATCA Legislation

Bermuda FATCA Legislation means the Bermuda IGA, the U.S.A. – Bermuda Tax Convention Act 1986, the International Cooperation (Tax Information Exchange Agreements) Act 2005, the International Cooperation (Tax Information Exchange Agreements) Common reporting Standards Regulation 2017 and the OECD Standard for Automatic Exchange of Financial Account Information – Common Reporting Standard (each as amended) and the CRS, together with any implementing legislation, rules, regulations and guidance notes with respect to such laws pertaining to the implementation of FATCA and the CRS in Bermuda.

Related to Bermuda FATCA Legislation

  • AML Legislation has the meaning assigned to such term in Section 9.16(a).

  • UK Data Protection Legislation means all applicable data protection and privacy legislation in force from time to time in the UK including the UK GDPR; the Data Protection Act 2018; the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC) and the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) as amended.

  • Bail-In Legislation means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.

  • Data Protection Legislation means the Data Protection Act 1998 and all applicable laws and regulations relating to processing of personal data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner or relevant Government department in relation to such legislation;