{"component": "definition", "props": {"groups": [{"snippet": "means an FFI that, as from the effective date of any rules requiring withholding on \"passthru payments\" (as such term is defined pursuant to Sections 1471 through 1474 of the Code and any regulations thereunder or official interpretations thereof), meets the requirements of Section 1471(b) of the Code and any regulations or other official guidance issued thereunder and that has not elected to be withheld upon pursuant to Section 1471(b)(3) of the Code;", "snippet_links": [{"key": "date-of", "type": "clause", "offset": [41, 48]}, {"key": "passthru-payments", "type": "definition", "offset": [85, 102]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [129, 149]}, {"key": "the-code", "type": "clause", "offset": [171, 179]}, {"key": "meets-the-requirements", "type": "definition", "offset": [249, 271]}, {"key": "other-official", "type": "definition", "offset": [326, 340]}], "samples": [{"hash": "7NdUyltCkSp", "uri": "/contracts/7NdUyltCkSp#participating-ffi", "label": "Fiscal Agency Agreement", "score": 33.3286781311, "published": true}, {"hash": "dU1WE8BhLcB", "uri": "/contracts/dU1WE8BhLcB#participating-ffi", "label": "Agency Agreement", "score": 32.1366271973, "published": true}, {"hash": "iMqzy1Gf1WC", "uri": "/contracts/iMqzy1Gf1WC#participating-ffi", "label": "Fiscal Agency Agreement", "score": 27.9746742249, "published": true}], "size": 41, "hash": "ff0804e4ded5772b139d791c9378c332", "id": 1}, {"snippet": "means a \u201cparticipating FFI\u201d as defined in US Treasury Regulations Section 1.1471-1(b)(91) (or any successor provision) or any other entity whose payments are subject to FATCA Withholding;", "snippet_links": [{"key": "treasury-regulations", "type": "clause", "offset": [45, 65]}, {"key": "successor-provision", "type": "clause", "offset": [98, 117]}, {"key": "other-entity", "type": "definition", "offset": [126, 138]}, {"key": "subject-to", "type": "definition", "offset": [158, 168]}, {"key": "fatca-withholding", "type": "definition", "offset": [169, 186]}], "samples": [{"hash": "2x0fuVZMo7t", "uri": "/contracts/2x0fuVZMo7t#participating-ffi", "label": "Agency Agreement", "score": 32.3172950745, "published": true}, {"hash": "5DOf9I4NbHh", "uri": "/contracts/5DOf9I4NbHh#participating-ffi", "label": "Agency Agreement", "score": 32.0838470459, "published": true}, {"hash": "bpasN1mxTjH", "uri": "/contracts/bpasN1mxTjH#participating-ffi", "label": "Agency Agreement (Equinor Asa)", "score": 30.2114982605, "published": true}], "size": 17, "hash": "9bf307a3e2927a5e07a8d35f204f9092", "id": 2}, {"snippet": "means a participating FFI as defined in U.S. Treasury Regulations section 1.1471- 1(b)(85); and", "snippet_links": [{"key": "treasury-regulations", "type": "clause", "offset": [45, 65]}], "samples": [{"hash": "3n7GcOvZXE7", "uri": "https://ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com/legacy/Base+Prospectus_311be868-39bd-4357-b690-0c8af87a3177.PDF", "label": "Term Note", "score": 12.1567420959, "published": false}, {"hash": "kKO0dH9AxM8", "uri": "https://www.cnhindustrial.com/-/media/CNHi/cnhicorporate/Investor-relation/fixed_income_investors/MTN-Programme/Programme/2015/docs/2015_GMTN_Programme_Base_Prospectus_April_2015.pdf?rev=-1&hash=D1066D3CC8008E17BF47709BCD82B266", "label": "Term Note", "score": 11.659822464, "published": false}, {"hash": "4VpusGOpnSs", "uri": "https://www.stellantis.com/content/dam/stellantis-corporate/investors/bond-info/gmtn-programme/programme-documents/FCA_GMTN_Programme_2015_Update__FINAL_BASE_PROSPECTUS.pdf", "label": "www.stellantis.com", "score": 7.9746747017, "published": false}], "size": 14, "hash": "dcbc9a3d3216b29c9a30c575551d40c6", "id": 3}, {"snippet": "means a \"participating foreign financial institution\", a \"deemed compliant FFI\" or an FFI that is otherwise exempt from the requirements of FATCA, as such terms are used in FATCA; Paying Agent means the Agent and any other paying agent appointed under clause 22 (together, the Paying Agents);", "snippet_links": [{"key": "participating-foreign-financial-institution", "type": "clause", "offset": [9, 52]}, {"key": "deemed-compliant", "type": "definition", "offset": [58, 74]}, {"key": "the-requirements", "type": "clause", "offset": [120, 136]}, {"key": "the-agent", "type": "clause", "offset": [199, 208]}, {"key": "other-paying-agent", "type": "definition", "offset": [217, 235]}, {"key": "clause-22", "type": "clause", "offset": [252, 261]}, {"key": "the-paying-agents", "type": "clause", "offset": [273, 290]}], "samples": [{"hash": "lwLeJ4HwzrP", "uri": "/contracts/lwLeJ4HwzrP#participating-ffi", "label": "Agency Agreement", "score": 36.4374470036, "published": true}, {"hash": "5mMlQJCiVCB", "uri": "/contracts/5mMlQJCiVCB#participating-ffi", "label": "Agency Agreement", "score": 34.1804237366, "published": true}, {"hash": "hKzhJY2Ve6z", "uri": "/contracts/hKzhJY2Ve6z#participating-ffi", "label": "Agency Agreement", "score": 28.2197132111, "published": true}], "size": 14, "hash": "71a167ef69ad11d1d624a4ff477a2262", "id": 4}, {"snippet": "means an FFI that, as from the effective date of any rules requiring withholding on \"passthru payments\" (as such term is defined pursuant to Sections 1471 through 1474 of the Code and any regulations thereunder or official interpretations thereof), meets the requirements of Section 1471(b) of the Code and any regulations or other official guidance issued thereunder and that has not elected to be withheld upon pursuant to Section 1471(b)(3) of the Code.", "snippet_links": [{"key": "date-of", "type": "clause", "offset": [41, 48]}, {"key": "passthru-payments", "type": "definition", "offset": [85, 102]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [129, 149]}, {"key": "the-code", "type": "clause", "offset": [171, 179]}, {"key": "meets-the-requirements", "type": "definition", "offset": [249, 271]}, {"key": "other-official", "type": "definition", "offset": [326, 340]}], "samples": [{"hash": "fTmGHOaNAgF", "uri": "/contracts/fTmGHOaNAgF#participating-ffi", "label": "Agency Agreement", "score": 27.0581798553, "published": true}, {"hash": "3KhBh2Z1t6e", "uri": "/contracts/3KhBh2Z1t6e#participating-ffi", "label": "Agency Agreement", "score": 25.9342918396, "published": true}, {"hash": "eOo4cMioCE5", "uri": "/contracts/eOo4cMioCE5#participating-ffi", "label": "Agency Agreement", "score": 25.5503082275, "published": true}], "size": 11, "hash": "330536e2c8d8c838e11457ccd7216402", "id": 5}, {"snippet": "means a participating FFI as defined in U.S. Treasury Regulations section 1.1471- 1(b)(91); and \u201cRegistered Deemed-Compliant FFI\u201d means a registered deemed-compliant FFI as described in U.S. Treasury Regulations section 1.1471-1(b)(111).", "snippet_links": [{"key": "treasury-regulations", "type": "clause", "offset": [45, 65]}, {"key": "a-registered", "type": "clause", "offset": [136, 148]}], "samples": [{"hash": "1TmJj87NUew", "uri": "/contracts/1TmJj87NUew#participating-ffi", "label": "Agency Agreement", "score": 34.348651886, "published": true}, {"hash": "eJUZJjOIG5K", "uri": "/contracts/eJUZJjOIG5K#participating-ffi", "label": "Agency Agreement", "score": 33.3821296692, "published": true}, {"hash": "fouuCZMvLp1", "uri": "/contracts/fouuCZMvLp1#participating-ffi", "label": "Agency Agreement", "score": 32.2461204529, "published": true}], "size": 9, "hash": "f03e81af071822d46c3b97f4ca1af642", "id": 6}, {"snippet": "means an FFI that has agreed to comply with the terms of an FFI agreement for the purposes of FATCA (or is otherwise deemed to be compliant).", "snippet_links": [{"key": "agreed-to", "type": "clause", "offset": [22, 31]}, {"key": "terms-of", "type": "definition", "offset": [48, 56]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [74, 93]}], "samples": [{"hash": "ghusISlEcWM", "uri": "/contracts/ghusISlEcWM#participating-ffi", "label": "Paying Agency Agreement", "score": 24.22108078, "published": true}, {"hash": "5jx0rqSmfPw", "uri": "/contracts/5jx0rqSmfPw#participating-ffi", "label": "Paying Agency Agreement", "score": 23.8774814606, "published": true}], "size": 6, "hash": "64edf32ebeb13e5c9e5f995c74a72f0a", "id": 7}, {"snippet": "means a participating FFI as defined in U.S. Treasury Regulations section 1.1471-1(b)(91); and \u201cRegistered Deemed-Compliant FFI\u201d means a registered deemed-compliant FFI as described in U.S. Treasury Regulations section 1.1471-1(b)(111).", "snippet_links": [{"key": "treasury-regulations", "type": "clause", "offset": [45, 65]}, {"key": "a-registered", "type": "clause", "offset": [135, 147]}], "samples": [{"hash": "8UNKSgljVFm", "uri": "https://www.stellantis.com/content/dam/stellantis-corporate/investors/bond-info/emtn-programm-fca/programme-documents/2020_EMTN_Programme_Base_Prospectus_March_27_2020.pdf", "label": "Term Note", "score": 14.1170434952, "published": false}, {"hash": "iVF5NWTcdGG", "uri": "https://ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com/legacy/Page-pulls_f728f1f5-8159-4c03-9297-57de347d55d8.PDF", "label": "ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com", "score": 9.0985622406, "published": false}, {"hash": "8BpzlJduXWQ", "uri": "https://www.fcagroup.com/it-IT/investors/bond_info_and_credit_rating/emtn_programme/base_prospectus/FCA_Base_Prospectus_14_March_2018.pdf", "label": "www.fcagroup.com", "score": 9.097193718, "published": false}], "size": 5, "hash": "eda5c7520cc7f062a657bc9d1c82d561", "id": 8}, {"snippet": "means an FFI, or branch of an FFI, that has registered with the IRS to comply with the terms of, and to enter into, this agreement with the IRS, and to obtain a GIIN. See also the definition of reporting Model 2 FFI.", "snippet_links": [{"key": "terms-of", "type": "definition", "offset": [87, 95]}, {"key": "to-enter", "type": "definition", "offset": [101, 109]}, {"key": "this-agreement", "type": "clause", "offset": [116, 130]}, {"key": "the-definition-of", "type": "definition", "offset": [176, 193]}, {"key": "reporting-model-2-ffi", "type": "definition", "offset": [194, 215]}], "samples": [{"hash": "7ddIHIFGVnQ", "uri": "/contracts/7ddIHIFGVnQ#participating-ffi", "label": "Ffi Agreement for Participating Ffi and Reporting Model 2 Ffi", "score": 25.4755954742, "published": true}, {"hash": "gMNF0fkDnUk", "uri": "/contracts/gMNF0fkDnUk#participating-ffi", "label": "Ffi Agreement for Participating Ffi and Reporting Model 2 Ffi", "score": 23.238193512, "published": true}, {"hash": "k4Q0vFI99Yf", "uri": "/contracts/k4Q0vFI99Yf#participating-ffi", "label": "Ffi Agreement", "score": 21.8241024017, "published": true}], "size": 4, "hash": "ba8d25b8cfbe155bc86824e5cb9d001d", "id": 9}, {"snippet": "\u2019 means an FFI that is a \u2018\u2018participating foreign financial institution\u2019\u2019 as from the effective date of withholding on \u2018\u2018passthru payments\u2019\u2019 (as such terms are defined pursuant to FATCA);", "snippet_links": [{"key": "participating-foreign-financial-institution", "type": "clause", "offset": [27, 70]}, {"key": "date-of", "type": "clause", "offset": [95, 102]}, {"key": "passthru-payments", "type": "definition", "offset": [120, 137]}, {"key": "pursuant-to", "type": "definition", "offset": [167, 178]}], "samples": [{"hash": "8HKdSwcN04z", "uri": "https://www.sgc.az/storage/documents/25/sgc-final-prospectus-march-2016.pdf", "label": "www.sgc.az", "score": 8.1033535004, "published": false}, {"hash": "b06Qx4mGo59", "uri": "https://ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com/legacy/Prospectus+-+Standalone_ee59d6d1-e485-4594-b3c6-dc1270b2f531.pdf", "label": "ise-prodnr-eu-west-1-data-integration.s3-eu-west-1.amazonaws.com", "score": 8.1033535004, "published": false}], "size": 4, "hash": "1c04ca07b04994d97d9a7c7b0281c9c1", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIacGFydGljaXBhdGluZy1mZmkjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Participating FFI", "snippet": "means an FFI that, as from the effective date of any rules requiring withholding on \"passthru payments\" (as such term is defined pursuant to Sections 1471 through 1474 of the Code and any regulations thereunder or official interpretations thereof), meets the requirements of Section 1471(b) of the Code and any regulations or other official guidance issued thereunder and that has not elected to be withheld upon pursuant to Section 1471(b)(3) of the Code;", "size": 150, "id": "participating-ffi", "examples": ["The term <strong>Participating FFI</strong> means a Financial Institution that has agreed to comply with the requirements of an FFI Agreement, including a Financial Institution described in a Model 2 IGA that has agreed to comply with the requirements of an FFI Agreement.", "A trust established under the laws of Singapore to the extent that the trustee of the trust is a Reporting U.S. Financial Institution, Reporting Model 1 FFI, or <strong>Participating FFI</strong> and reports all information required to be reported pursuant to the Agreement with respect to all U.S. Reportable Accounts of the trust.", "Any variation, termination, appointment or change shall only take effect (other than in the case of insolvency (as provided in subclause (5)) or where the Agent is an FFI and fails to become, or ceases to be, a <strong>Participating FFI</strong> or a Registered Deemed-Compliant FFI (as provided in subclause (11), when it shall be of immediate effect) after not less than 30 nor more than 45 days&#x27; prior notice shall have been given to the Noteholders in accordance with Condition 13.", "The Agents may be removed at any time, immediately if such Agent is an FFI, and does not become, or ceases to be, a <strong>Participating FFI</strong> and with not less than 30 days&#x27; notice in all other cases, by the filing with them of an instrument in writing signed by a duly authorized officer of the Company and specifying such removal and the date upon which it is intended to become effective.", "If the Issuer does not enter into such an agreement, the Issuer may be subject to a 30% withholding tax on all, or a portion of all, payments received from U.S. sources and from <strong>Participating FFIs</strong>. In the alternative, if the Issuer does become a <strong>Participating FFI</strong>, Holders may be required to provide certain information or otherwise comply with FATCA to avoid withholding on amounts paid by the Issuer to such Holders.", "A trust established under the laws of The Bahamas to the extent that the trustee of the trust is a Reporting U.S. Financial Institution, Reporting Model 1 FFI, or <strong>Participating FFI</strong> and reports all information required to be reported pursuant to the Agreement with respect to all U.S. Reportable Accounts of the trust.", "The Foreign Account Tax Compliance provisions of the Hiring Incentives to Restore Employment Act (&quot;FATCA&quot;) impose a new reporting regime and potentially a 30% withholding tax with respect to certain payments to any non-U.S. financial institution (a foreign financial institution, or &quot;FFI&quot; (as defined by FATCA)) that does not become a &quot;<strong>Participating FFI</strong>&quot; by entering into an agreement with the U.S. Internal Revenue Service (&quot;IRS&quot;) to provide certain information on its account holders.", "A trust established under the laws of India to the extent that the trustee of the trust is a Reporting U.S. Financial Institution, Reporting Model 1 FFI, or <strong>Participating FFI</strong> and reports all information required to be reported pursuant to the Agreement with respect to all U.S. Reportable Accounts of the trust.", "Such withholding would apply if the Issuer is required to withhold on &quot;foreign passthru payments&quot; and (a) a Holder does not provide information sufficient to determine whether the Holder is subject to withholding under FATCA, or (b) any FFI through which payment on the Notes is made is not a <strong>Participating FFI</strong>.", "As at the date of this Agreement the Fiscal Agent is a <strong>Participating FFI</strong>."], "related": [["participating-dentist", "Participating Dentist", "Participating Dentist"], ["participating-party", "Participating Party", "Participating Party"], ["participating-facility", "Participating Facility", "Participating Facility"], ["participating-fund", "Participating Fund", "Participating Fund"], ["participating-provider", "Participating Provider", "Participating Provider"]], "related_snippets": [], "updated": "2025-07-10T04:27:38+00:00"}, "json": true, "cursor": ""}}