Common use of Beneficial Ownership Rule Clause in Contracts

Beneficial Ownership Rule. The Borrower is an entity that is organized under the laws of the United States or of any State and at least 51% of whose common stock or analogous equity interest is owned by a listed entity and is excluded on that basis from the definition of “Legal Entity Customer” as defined in the Beneficial Ownership Rule.

Beneficial Ownership Rule. The Borrower is an entity that is organized under the laws of the United States or of any State state of the United States and at least 51% 51 percent of whose common stock or analogous equity interest is owned by a listed entity and is excluded on that basis from the definition of “Legal Entity Customer” Customer as defined set forth in the Beneficial Ownership Rule.

Beneficial Ownership Rule. The Borrower is an entity that is organized under the laws of the United States or of any State and at least 51% of whose common stock or analogous equity interest is owned by a listed entity and is excluded on that basis from the definition of “Legal Entity Customer” as defined in the Beneficial Ownership Rule.”.

Beneficial Ownership Rule. The Borrower is an entity that is organized under the laws of the United States or of any State state thereof and at least 51% 51 percent of whose common stock or analogous equity interest is owned by a Person whose common stock or analogous equity interests are listed entity on the New York Stock Exchange or the American Stock Exchange or has been designated as a NASDAQ National Market Security listed on the NASDAQ stock exchange and is excluded on that basis from the definition of “Legal Entity Customer” as defined in the Beneficial Ownership Rule.