Non-Financial Entity definition

Non-Financial Entity means a natural or legal person other than:
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Non-Financial Entity has the meaning specified in Section 10.06(b).
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Non-Financial Entity means any entity that is not a financial institution;
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Examples of Non-Financial Entity in a sentence

  • If the Settlor is a Passive Non-Financial Entity (“NFE”) under CRS, the Settlor agrees that the Bank may rely on the self-certification provided by the Settlor or the Controlling Persons of such Settlor to specify the resident countries or jurisdictions of such Controlling persons.

  • If you are a Passive Non-Financial Entity or you are an Investment Entity, managed by a financial institution, please ensure that this Appendix is completed for all controlling persons of the account holder.

  • The Administrative Agent shall in no event be liable for the failure of a Lender to notify the Administrative Agent that any proposed assignee is a Non-Financial Entity.

  • Prior to granting its approval to such proposed assignment or transfer, the Administrative Agent shall notify the Borrower of the identity of such Non-Financial Entity.

  • Notwithstanding the foregoing, if at any time a Lender proposes to sell a participation to a Non-Financial Entity, then such Lender shall notify the Borrower of the identity of such proposed participant.

  • Prior to granting its approval to such proposed assignment, the Administrative Agent shall notify the Borrower in writing of the identity of such Non-Financial Entity.

  • No participation shall be sold to any Non-Financial Entity that is designated by the Borrower, within three Business Days after receipt by the Borrower of notification from the applicable Lender pursuant to the immediately preceding sentence, as a direct or indirect competitor of Holdings or any Subsidiary of Holdings.

  • No assignment shall be made to any Non-Financial Entity that is designated by the Borrower, within three Business Days after receipt by the Borrower of notification from the Administrative Agent pursuant to the immediately preceding sentence, as a direct or indirect competitor of Holdings or any Subsidiary of Holdings.

  • Active Non-Financial Entity – an International Organisation – Skip to question 7 iv.

  • Where that entity is treated as a Passive Non-Financial Entity )”Passive NFE“( then a Financial Institution is required to determine whether or not these Controlling Persons are Reportable Persons.


More Definitions of Non-Financial Entity

Non-Financial Entity or “NFE” means any entity that is not a Financial Institution.
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Non-Financial Entity means an undertaking that is not a Financial Entity, a Central Bank or a Multilateral Development Bank, as per the Definitions in this Agreement, as determined by ICE in its sole discretion.
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Non-Financial Entity has the meaning specified in Section 10.06(a).
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Non-Financial Entity means legal persons, including small companies, natural persons, central governments, multilateral development banks and public sector entities, with the exception of financial customers and central banks.
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Non-Financial Entity has the meaning specified in Section 10.06(b). “Non-Required Consents” means the consent of any counterparty to a Contractual Obligation to the grant of a security interest in the agreement constituting the Contractual Obligation. “Note” means Term Loan Note, a Revolving Credit Note, an Incremental Term Loan Note, if any, or an Incremental Revolving Credit Note, if any, as the context may require. “Obligations” means all advances to, and debts, liabilities, obligations (but, with respect to any Guarantor at any time, excluding all Excluded Swap Obligations with respect to MSGN – A&R Credit Agreement (2019)
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Non-Financial Entity means NFCs (in Europe) and third country entities equivalent to NFCs (outside Europe).
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Related to Non-Financial Entity

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Special Entity means any joint venture, limited liability company or partnership, general or limited partnership or any other type of partnership or company other than a corporation in which the Borrower or one or more of its other Subsidiaries is a member, owner, partner or joint venturer and owns, directly or indirectly, at least a majority of the equity of such entity or controls such entity, but excluding any tax partnerships that are not classified as partnerships under state law. For purposes of this definition, any Person which owns directly or indirectly an equity investment in another Person which allows the first Person to manage or elect managers who manage the normal activities of such second Person will be deemed to "control" such second Person (e.g. a sole general partner controls a limited partnership).

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a Delaware limited liability company that is treated as a disregarded entity for U.S. federal income tax purposes, the primary asset of which consists of Equity Interests in either (i) one or more Foreign Subsidiaries or (ii) a Delaware limited liability company the primary asset of which consists of Equity Interests in one or more Foreign Subsidiaries.