CRS Rules definition
Examples of CRS Rules in a sentence
Subject to applicable CRS Rules, WORLDSPAN reserves the right to modify or discontinue any or all MIDT at its discretion, and Participating Carrier acknowledges that any WORLDSPAN MIDT will contain only such marketing, booking and sales data as WORLDSPAN may elect to generate from any WORLDSPAN System from time to time.
WORLDSPAN shall provide Participating Carrier such services as agreed upon by the parties from time to time during the term of this Agreement in accordance with such CRS Rules and the Display Parameters then in effect.
In the event of any change in any CRS Rules which would prohibit the delivery of any MIDT, or in the event that delivery of any MIDT by WORLDSPAN is prohibited by any CRS Rules, Participating Carrier acknowledges that nothing herein shall be construed to require WORLDSPAN to request any change in such CRS Rules or apply for an amendment to such CRS Rules to permit the delivery of any MIDT.
The Bank and its related companies and affiliates are required to comply with the CRS Rules (“CRS Reporting Requirement”).
M.I.D.T. from WORLDSPAN and DATAS II are made available to non-U.S. participating carriers only if the carrier makes reciprocal information available from its Affiliated CRS to WORLDSPAN Carriers and as otherwise provided in any applicable CRS Rules.
In the event of any change in any CRS Rules which would prohibit the delivery of any MIDT, or in the event that delivery’ of any MIDT by WORLDSPAN is prohibited by any CRS Rules, Participating Carrier acknowledges that nothing herein shall be construed to require WORLDSPAN to request any change in such CRS Rules or apply for an amendment to such CRS Rules to permit the delivery of any MIDT.
In addition, pursuant to Part XIX of the Tax Act implementing the Organization for Economic Co- operation and Development Common Reporting Standard (the CRS Rules), Canadian financial institutions are required to have procedures in place to identify accounts held by residents of foreign countries other than the U.S. (Reportable Jurisdictions) or by certain entities any of whose “controlling persons” are residents of Reportable Jurisdictions.
I.D.T. from PARS and DATAS II are made available to non-U.S. participating carriers only if the carrier rnakes reciprocal information available from its Affiliated CRS to WORLDSPAN Carriers and as otherwise provided in any applicable CRS Rules.
M.I.D.T. from PARS and DATAS II are made available to non-U.S. participating carriers only if the carrier makes reciprocal information available from its Affiliated CRS to WORLDSPAN Carriers and as otherwise provided in any applicable CRS Rules.
Under the CRS Rules, holders of Class F Units of Westboro Trust will be required to provide required information regarding their investment in Westboro Trust to their dealer for the purpose of such information exchange.