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FFI group definition

FFI group means an expanded affiliated group (as defined in
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Examples of FFI group in a sentence

  • In response to these comments, the final regulations modify the definition of expanded affiliated group to exclude from the group an investment entity owned by an FFI group member when the member’s ownership exists solely to provide a seed capital investment in an entity.

  • The term participating FFI group also means an expanded affiliated group in which one or more members of the group is a reporting Model 1 FFI and each member of the group that is an FFI is a registered deemed-compli- ant FFI, nonreporting IGA FFI, lim- ited FFI, or retirement fund described in § 1.1471–6(f).

  • The term participating FFI group means an ex- panded affiliated group that includes one or more participating FFIs and meets the requirements of § 1.1471– 4(e)(1).

  • The term sponsored FFI group means a group of sponsored FFIs that share the same sponsoring entity.

  • In addition, to address comments concerning the burden of documenting multiple accounts of a customer generally (regardless of whether any such accounts are preexisting accounts), the final regulations allow a participating FFI, participating FFI group, or a sponsored FFI group to apply the provisions for documentation sharing systems described in §1.1471-3(c)(8).

  • A participating FFI that is a member of an FFI group that includes one or more limited FFIs must treat such FFIs as nonparticipating FFIs for withholding and reporting purposes.

  • The proposed regulations provide that, until January 1, 2016, a nonparticipating FFI or branch that is subject to foreign laws that prohibit that FFI or branch from complying with the requirements of section 1471(b) will not disqualify an otherwise participating FFI group with which it is affiliated, as long as the FFI or branch complies with the due diligence procedures required of participating FFIs for identifying U.S. accounts and maintains records of the account holder documentation it collects.

  • The Lead FFI that assumes this role must enter the system to register itself and, as part of that process, identify each FFI that is a member of the FFI group (FFI Member) that will register for participating, limited, or registered deemed-compliant FFI status.

  • An example of such a statement is “every angle has a trisec- tor”; this is true in R2 but false in .

  • Each member of an FFI group must designate a lead FFI (Lead FFI) to initiate and manage the online registration process for the FFI group.

Related to FFI group

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Supplier Group means the Supplier, its Affiliated Companies, its subcontractors and its and their respective employees, officers, directors, representatives, agents and invitees.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Member means a member of the Board;

  • Designated Group means - i) Black designated groups; ii) Black People; iii) Women; iv) people with disabilities or v) Small enterprise, as defined in Section 1 of National Small Enterprise Act, (102 of 1996)

  • Other Founding Companies means all of the Founding Companies other than the Company.

  • Minority Group means any of the following racial or ethnic groups:

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Transferred Entities means the entities set forth on Schedule 1.5.

Most Referenced Clauses

Most Referenced Definitions