FATCA Status definition

FATCA Status means a person’s status as a U.S. person, a Specified U.S. person, a foreign individual, a Participating FFI, a Deemed-Compliant FFI, an Exempt Beneficial Owner, a Nonparticipating FFI, a territory financial institution, a QI branch of a U.S. financial institution, an excepted NFFE or a passive NFFE.
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Examples of FATCA Status in a sentence

  • For purposes of FATCA, a “change in circumstances” in your status has occurred if such change results in the addition or modification to information (e.g., U.S. indicia that is not otherwise cured by documentation on file and that is relevant to your FATCA Status claimed) relevant to a person’s claim of foreign status or otherwise conflicts with such person’s FATCA Status.

  • Lender shall deliver to Borrower on or prior to the date such Lender becomes a Lender under this Agreement (and from time to time thereafter upon reasonable request of Borrower) two correct, complete and validly executed originals of Internal Revenue Service Form W-9 and any other additional documentation reasonably requested by Borrower as may be necessary for Borrower to comply with its obligations under FATCA and to otherwise confirm the FATCA Status of Lender.

Related to FATCA Status

  • FATCA Information means, with respect to any Certificateholder or Holder, any form or other certification, or such other information reasonably sufficient to eliminate the imposition of, or determine the amount of, FATCA Withholding Tax.

  • FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Creditor Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction;

  • Level I Status exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.

  • FATCA means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code.

  • FATCA Exempt Party means a Party that is entitled to receive payments free from any FATCA Deduction.