Common use of Exempt Beneficial Owners other than Funds Clause in Contracts

Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting Seychelles Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting Seychelles Barbados Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting Seychelles Jamaican Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Exempt Beneficial Owners other than Funds. A. The following Entities shall be treated as Non-Reporting Seychelles Grenada Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.