Participating FFI definition

Participating FFI means an FFI that, as from the effective date of any rules requiring withholding on "passthru payments" (as such term is defined pursuant to Sections 1471 through 1474 of the Code and any regulations thereunder or official interpretations thereof), meets the requirements of Section 1471(b) of the Code and any regulations or other official guidance issued thereunder and that has not elected to be withheld upon pursuant to Section 1471(b)(3) of the Code;

Participating FFI means a “participating FFI” as defined in US Treasury Regulations Section 1.1471-1(b)(91) (or any successor provision) or any other entity whose payments are subject to FATCA Withholding;

Participating FFI means a participating FFI as defined in U.S. Treasury Regulations section 1.1471- 1(b)(85); and

Examples of Participating FFI in a sentence

• The term Participating FFI means a Financial Institution that has agreed to comply with the requirements of an FFI Agreement, including a Financial Institution described in a Model 2 IGA that has agreed to comply with the requirements of an FFI Agreement.

• If the Issuer becomes a Participating FFI, the determination of whether FATCA withholding may be imposed will depend on the status of each recipient of payments between the Issuer and investors.

• The term Participating FFI also includes a qualified intermediary branch of a Reporting U.S. Financial Institution, unless such branch is a Reporting Model 1 FFI.

• Participating FFI Non-Participating FFI Reporting FFI Registered deemed compliant FFI Sponsored FFI Certified deemed compliant Other, please secify Non-Financial Foreign entity Active non-financial foreign entity (Active NFFE) Passive non-financial foreign entity (Passive NFFE) if you ticked “Passive NFFE”, please complete the following Trust, if you ticked “Trust”, please refer to the following Controlling Persons section.

• A trust established under the laws of Singapore to the extent that the trustee of the trust is a Reporting U.S. Financial Institution, Reporting Model 1 FFI, or Participating FFI and reports all information required to be reported pursuant to the Agreement with respect to all U.S. Reportable Accounts of the trust.

More Definitions of Participating FFI

Participating FFI means a "participating foreign financial institution", a "deemed compliant FFI" or an FFI that is otherwise exempt from the requirements of FATCA, as such terms are used in FATCA; Paying Agent means the Agent and any other paying agent appointed under clause 22 (together, the Paying Agents);

Participating FFI means a participating FFI as defined in U.S. Treasury Regulations section 1.1471- 1(b)(91); and “Registered Deemed-Compliant FFI” means a registered deemed-compliant FFI as described in U.S. Treasury Regulations section 1.1471-1(b)(111).

Participating FFI means an FFI that has agreed to comply with the requirements of an FFI agreement with respect to all branches of the FFI, other than

Participating FFI means an FFI, or branch of an FFI, that has registered with the IRS to comply with the terms of, and to enter into, this agreement with the IRS, and to obtain a GIIN. See also the definition of reporting Model 2 FFI.

Participating FFI means a participating FFI as defined in U.S. Treasury Regulations section 1.1471-1(b)(91); and “Registered Deemed-Compliant FFI” means a registered deemed-compliant FFI as described in U.S. Treasury Regulations section 1.1471-1(b)(111).

Participating FFI or "Reporting Model 1 FFI” or "Reporting Model 2 FFI” or "Registered Deemed Compliant FFI” or "Sponsoring Entity'') has received a GIIN which is issued as soon as the institution has registered with the IRS.

Participating FFI means a "participating foreign financial institution", a "deemed-compliant FFI" or an FFI that is otherwise exempt from the requirements of FATCA, as such terms are used in FATCA. A FFI that is subject to and complies with an applicable agreement between the government of the non-US jurisdiction in which it is located and the United States that addresses the manner in which financial institutions located in such non-US jurisdiction comply with FATCA shall be considered a deemed-compliant FFI;