FATCA Compliance definition

FATCA Compliance. Compliance with FATCA, as necessary so that no tax will be imposed or withheld thereunder in respect of payments to or for the benefit of the Issuer.

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FATCA Compliance means compliance with FATCA and Cayman FATCA Legislation, including as necessary so that (i) no tax or penalty will be imposed or withheld under FATCA and Cayman FATCA Legislation in respect of payments to or for the benefit of the Issuer and (ii) the Issuer can comply with any information reporting requirements in connection with FATCA and Cayman FATCA Legislation.

FATCA Compliance means the requirement that foreign financial institutions, including any foreign subsidiaries of U.S.-based organizations, take all appropriate steps to comply with FATCA, including but not limited to:

Examples of FATCA Compliance in a sentence

For the avoidance of doubt, FATCA Withholding is a deduction or withholding which is deemed to be required by Applicable Law for the purposes of this Clause 11.8 (FATCA Compliance).
FATCA Compliance by Trustee 52 ARTICLE EIGHT Consolidation, Merger, Conveyance or Transfer 53 SECTION 801.
As an administrative convenience or in connection with FATCA Compliance, implementation of the Bankruptcy Subordination Agreement or an election by the Portfolio Manager to waive its fees in favor of one or more owners of Subordinated Notes pursuant to Section 11.1(f), the Applicable Issuers or the Issuer’s agent may obtain a separate CUSIP or separate CUSIPs (or similar identifying numbers) for all or a portion of any Class of Notes.
FATCA Compliance by Trustee 53 ARTICLE EIGHT Consolidation, Merger, Conveyance or Transfer 53 SECTION 801.
If the Bank subsequently receives a tax credit, tax refund, tax-offset, or a tax deduction that stems from a payment that was increased in accordance with this clause 13 (Tax Gross up an FATCA Compliance), it must pay to the Borrower (insofar as this is possible without prejudice to the payment received by it) the amount of this benefit within ten (10) business days after the receipt thereof to which the Borrower is entitled up to the amount of the tax effect on the Bank.

More Definitions of FATCA Compliance

FATCA Compliance means compliance with FATCA and any related provisions of law, court decisions, or administrative guidance, including the Issuer entering into and complying with an Effective U.S. FATCA Agreement or any comparable requirements under the intergovernmental agreement between the Cayman Islands and the United States and any implementing legislation thereunder, in each case, as necessary to comply with local laws and avoid fines and penalties and to ensure that no taxso that no taxes, fines, penalties or other charges will be imposed or withheld under FATCA in respect of payments to or for the benefit of the Issuer.

FATCA Compliance means compliance with FATCA, including as necessary so that

FATCA Compliance. Compliance with FATCA and Cayman FATCA Legislation.

FATCA Compliance means compliance with FATCA.

FATCA Compliance. In order to comply with the FATCA rules and avoid the imposition of U.S. federal withholding tax, the Company requires Subscribers to provide additional information as described in the Subscription Agreement and may from time to time require further information or documentation from the Subscriber and, if and to the extent required under FATCA, the Subscriber’s direct and indirect beneficial owners (if any), relating to or establishing such person’s identity, residence (or jurisdiction of formation) and income tax status, and may provide or disclose such information and documentation to the U.S. Internal Revenue Service. The Subscriber hereby agrees to indemnify and hold harmless the Company from any and all withholding taxes, interest, penalties and other losses or liabilities suffered by the Company on account of the Subscriber not providing all requested information and documentation in a timely manner. The Subscriber shall have no claim against the Company for any form of damages or liability as a result of any of the aforementioned actions.

FATCA Compliance means compliance with FATCA and any related provisions of law, court decisions, or administrative guidance, including the Issuer entering into and complying with an agreement with the Internal Revenue Service contemplated by Section 1471(b) of the Code or any comparable requirements under the intergovernmental agreement between The Netherlands and the United States and any implementing legislation thereunder, in each case as necessary so that no tax will be imposed or withheld under those sections in respect of payments to or for the benefit of the Issuer.

FATCA Compliance. Compliance with FATCA (including, if applicable, the Issuer entering into or complying with an agreement with the U.S. Internal Revenue Service contemplated by Section 1471(b) of the Code), in each case as necessary so that no tax or other withholding will be imposed thereunder in respect of payments to or for the benefit of the Issuer or any Blocker Subsidiary.