Indirect Lender means any Person that is not a U.S. Person and either (a) directly holds equity interests in a Lender that is treated as a partnership or disregarded entity for United States federal income tax purposes or (b) directly holds equity interests in a U.S. Person that is treated as a partnership or disregarded entity for U.S. federal income tax purposes that, directly, or indirectly through entities each of which is treated as a partnership or disregarded entity for U.S. federal income tax purposes, holds equity interests in a Lender.
Indirect Lender means any Person that is not a U.S. Person and either (a) directly holds equity interests in a Lender that is treated as a partnership or disregarded entity for United States federal income tax purposes or (b) directly holds equity interests in a U.S. Person that is treated as a partnership or disregarded entity for U.S. federal income tax purposes that, directly, or indirectly through entities each of which is treated as a partnership or disregarded entity for U.S. federal income tax purposes, holds equity interests in a Lender.
Examples of Indirect Lender in a sentence
CATEGORY CODE DESCRIPTION CATEGORY CODE DESCRIPTION C COMMERCIAL COMPANY R DAILY RENTAL COMPANY L LEASING COMPANY U PUBLIC UTILITY COMPANY B BANK/FINANCIAL INSTITUTION G LOCAL/STATE GOVERNMENT (Indirect Lender) AGENCY 11 — Agriculture, Forestry & Fishing 21 — Mining, Oil & Gas 22 — Utilities 23 — Construction 31 — Manufacturing 42 — Wholesale Trade 44 — Retail Trade 48 — Transportation 49 — Postal, Courier, Message & Warehousing 51 — Information 52 — Finance & Insurance NOTE: NAICS codes replace SIC codes.