Common use of Reportable Clause in Contracts

Reportable. “U.S. Account” under FATCA means a financial account maintained by a “U.S. person” (whether individual or entity) or by a foreign entity with U.S. ownership of more than 10% of the capital, whether directly or indirectly. "Securities and/or Other Property" means cash, shares, stocks, derivatives (futures and options), corporate public and government bonds, exchange-traded equities options, warrants and any other financial instruments (whether certificated or un-certificated) that are admitted to trading on a Financial Market, as well as any related contracts for the present or future delivery of such securities (or the value of which is calculated by reference to the price of such securities) and any and all rights and entitlements thereto;