Consenting Person definition

Consenting Person means the Client and any Person other than the Client who is beneficially interested or financially interested in the payments with respect to the Account. 「同意人士」指客戶及除客戶以外對於帳戶的各項付款有實益權益或財務權益的任何人。

Consenting Person means the Customer and any Person other than the Customer who is beneficially interested or financially interested in the payments with respect to the Account. For the avoidance of doubt, this term includes, but is not limited to, a director, shareholder, or officer of a company, a partner of a partnership, the sole proprietor of a soleproprietorship, the trustee, settlor, or protector or beneficiary of a trust, the account holder of a designated account, the payee of a designated payment, the substantial owner, controlling person, or beneficial owner of the Customer, the agent or nominee of the Customer, or any other individual or entity having a relationship to the Customer that is relevant to its relationship with BEA as determined in BEA’s sole discretion. For purposes of the preceding sentence, a “substantial owner”includes any individual person who is entitled to more than 10 percent of the profits or capital of an entity or with an interest of more than 10 percent of the entity’s equity or beneficial interests.

Consenting Person means each of the following: (i) the policy owner; (ii) each person who is entitled to access the Policy's value (for example, through withdrawal, surrender, policy claim, benefit payment or otherwise), change a beneficiary, or claim or receive a benefit payment or any person who is entitled to a future benefit payment under the Policy, including without limitation any policy claimant, assignee and beneficiary under the Policy; and (iii) each person who is entitled to receive a payment (such as a policy claimant, assignee and beneficiary) when an obligation to make any payment under the Policy arises or becomes fixed.

Examples of Consenting Person in a sentence

• Where I / we or any Consenting Person fails to provide FWD Assurance with the updated, correct and complete Personal Information in the manner described in (a) and (b) above, FWD Assurance may, for the purpose of ensuring its compliance with the Applicable Laws and Regulations, deduct or withhold such amount payable under the Policy and/or provide any of the Personal Information and/ or Policy Information to such governments or tax authorities.

• When there is a change or addition to the Customer’s Personal Information and, where applicable, those of any Consenting Person, the Customer must update BEA of the change or addition promptly (and in any event no later than 30 days from the date of the change or addition).

• The Customer must, and, where applicable, procure any Consenting Person to, complete and sign such documents and do such things in relation to his/her obligation under clause 1.1 of this Law Compliance Supplement as BEA may reasonably require from time to time for the purpose of complying with the Applicable Laws and Regulations.

• The Customer must provide BEA with his/her Personal Information and, where reasonably required by BEA, those of any Consenting Person in such form and within such time as BEA may reasonably require from time to time for the purpose of complying with the Applicable Laws and Regulations.

• The Customer agrees that BEA may directly require any Consenting Person to, in which case, the Customer will procure such Consenting Person to, provide or confirm accuracy of their Personal Information if BEA reasonably considers it to be appropriate for the purpose of complying with the Applicable Laws and Regulations.

More Definitions of Consenting Person

Consenting Person means any person including the Customer, Substantial Owners, Controlling Persons of the Customer, any persons who is beneficially interested or financially interested in payments from the Bank.

Consenting Person means the Customer and any Person other than the Customer who is beneficially interested or financially interested in the payments with respect to the Securities Account and/or Account.

Consenting Person. “同意人士” means I/we and any person other than me/us who is beneficially interested or financially interested in the payments with respect to the Account. For the avoidance of doubt, this term includes but is not limited to a director or officer of a company, partners or members of a partnership, any substantial owner or controlling person or beneficial owner, the trustee, settler or protector of a trust, account holder of a designated account, payee of a designated payment, representative, agent, nominee or client of me/us or any other persons or entities having a relationship to me/us that is relevant to its relationship with you as determined in your sole discretion;指針對賬戶在實質上或經濟上有付款責任的本人(等)及除本人(等)以外的任何人士。為免生疑慮，同意人士包括但不限於貴 司的董事或職員、合夥企业的合夥人或成員、任何主要擁有人或控制人或實益擁有人、受託人、信託的財產授予人或 保護人、指定賬戶的賬戶持有人、指定付款的付款人、代表、 代理人、代名人或本人(等)的客戶，或任何貴司自行認為與本人(等)有關係的其他人士或實體； “Exchange”“交易所” means the Stock Exchange and any other stock exchanges outside Hong Kong;指香港聯交所及香港境外的任何其他證券交易所； “HKSCC”“香港結算” means the Hong Kong Securities Clearing Company Limited;指香港中央結算有限公司； FATCA”“海外帳戶稅收合規法案 means the Foreign Account Tax Compliance Act enacted and codified as Sections 1471 to 1474 of the United States Internal Revenue Code of 1986, as amended, and any associated similar or analogous legislation, treaty, intergovernmental agreement, regulation, instruction, or other official guidance of any Authority in any jurisdiction whether within or outside of Hong Kong;指被制定並編纂在《1986年美國國內收入法》第1471條至 1474條的《海外帳戶稅收合規法案》，與其不時之修訂，以及在香港或海外的任何司法管轄區的任何有關的類似或相近的立法文件、條約、政府間協議、法規、指令、或任何機構的官方指導； “Hong Kong Dollar”“港元” means the lawful currency of Hong Kong;指香港的法定貨幣港元； “Hong Kong”“香港” means the Hong Kong Special Administrative Region of the People’s Republic of China;指中華人民共和國香港特別行政區；

Consenting Person has the meaning set forth in Section 6.18(a).

Consenting Person means any person including the Customer, Substantial Owners, and Controlling Persons of the Customer, any persons who is beneficially interested or financially interested in payments from the Bank. A "Substantial Owner" means (1) with respect to a corporate or entity, certain persons that directly or indirectly own more than 25% of the corporation's stock (by vote or value), (2) with respect to a partnership, certain persons that directly or indirectly own more than 25% of the profits or capital interests in the partnership, and (3) with respect to a trust, certain persons treated as the owner of the trust or treated as holding directly or indirectly more than 25% of the beneficial interests of the trust.

Consenting Person means each of the following:

Consenting Person means the Client and any Person other than the Client who is beneficially interested or financially interested in the payments with respect to any of the Client’s accounts. For the avoidance of doubt, this term includes, but is not limited to, a director, shareholder, or officer of a company, a partner of a partnership, the sole proprietor of a sole proprietorship, the trustee, settlor, or protector or beneficiary of a trust, the account holder of a designated account, the payee of a designated payment, the substantial owner, controlling person, or beneficial owner of the Client, the agent or nominee of the Client, or any other individual or entity having a relationship to the Client that is relevant to its relationship with EAFT as determined in EAFT’s sole discretion. For purposes of the preceding sentence, a “substantial owner” includes any individual person who is entitled to more than 10 percent of the profits or capital of an entity or with an interest of more than 10 percent of the entity’s equity or beneficial interests.