Qualifying Foreign Branch definition

Qualifying Foreign Branch means a branch of a United States financial institution, as defined in the applicable United States Treasury Regulations, located outside the United States that is purchasing for its own account or for resale and that has agreed, as a condition to purchase, to comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the United States Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder; and "Restricted Period" with respect to each issuance means the period which begins on the earlier of the date on which the Company receives the proceeds of the sale of Notes with respect to such issuance or the first date on which the Notes are offered to persons other than you, and which ends 40 days after the date on which the Company receives the proceeds of the sale of such Notes; provided that with respect to a Note held as part of an unsold allotment or subscription, any offer or sale of such Note by the Company or you shall be deemed to be during the Restricted Period.
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Qualifying Foreign Branch means a branch of a United States financial institution, as defined in the applicable United States Treasury Regulations, located outside the United States that is purchasing for its own account or for resale and that has agreed, as a condition to purchase, to comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the United States Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder; and “Restricted Period” with respect to each issuance means the period which begins on the earlier of the date on which the Company receives the proceeds of the sale of Notes or Units with respect to such issuance or the first date on which the Notes or Units are offered to persons other than you, and which ends 40 days after the date on which the Company receives the proceeds of the sale of such Notes or Units; provided that with respect to a Note or Unit held as part of an unsold allotment or subscription, any offer or sale of such Note or Unit by the Company or you shall be deemed to be during the Restricted Period.
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Qualifying Foreign Branch means a branch of a United States financial institution, as defined in United States Treasury Regulations Section 1.165-12(c)(1)(v), located outside the United States that is purchasing for its own account or for resale and that has agreed, as a condition to purchase, to comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the United States Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder; and "Restricted Period" with respect to each issuance means the period which begins on the earlier of the date on which the Company receives the proceeds of the sale of Notes with respect to such issuance or the first date on which the Notes are offered to persons other than you, and which ends 40 days after the date on which the Company receives the proceeds of the sale of such Notes; provided that with respect to a Note held as part of an unsold allotment or subscription, any offer or sale of such Note by the Company or you shall be deemed to be during the Restricted Period.
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Examples of Qualifying Foreign Branch in a sentence

  • By JPMORGAN CHASE BANK, N.A. By EXHIBIT A-1 [Form of Certificate of Beneficial Ownership by a Non-United States Person or by a Qualifying Foreign Branch of a United States Financial Institution] Certificate THE BEAR XXXXXXX COMPANIES INC.

  • Xxxxx Secretary THE BANK OF NEW YORK [SEAL] By: /s/ Xxxx Xxxx Xxxx Xxxx Vice President EXHIBIT A-1 [Form of Certificate of Beneficial Ownership by a Non-United States Person or by a Qualifying Foreign Branch of a United States Financial Institution] Certificate THE BEAR XXXXXXX COMPANIES INC.

  • The state offices are then in charge of sending a team of auditors to the selected municipalities within days of the lottery.


More Definitions of Qualifying Foreign Branch

Qualifying Foreign Branch means a branch of a United States financial institution, as defined in the applicable United States Treasury Regulations, located outside the United States
Sample 1
Qualifying Foreign Branch means a branch of a United States financial institution, as defined in the applicable United States Treasury Regulations, located outside the United States that is purchasing for its own account or for resale and that has agreed, as a condition to purchase, to comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the United States Internal Revenue Code of 1986, as amended (the
Sample 1
Qualifying Foreign Branch means a branch of a United States financial
Sample 1

Related to Qualifying Foreign Branch

  • Qualifying Bank means any legal entity which is recognized as a bank by the banking laws in force in its country of organization and which has as its principal purpose the active conduct of banking business and conducts such banking business through its own personnel (which have decision making authority) and on its own premises.

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;

  • Qualifying country means a country with a reciprocal defense procurement memorandum of understanding or international agreement with the United States in which both countries agree to remove barriers to purchases of supplies produced in the other country or services performed by sources of the other country, and the memorandum or agreement complies, where applicable, with the requirements of section 36 of the Arms Export Control Act (22 U.S.C. 2776) and with 10 U.S.C. 2457. Accordingly, the following are qualifying countries:

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • UK Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is:

  • Irish Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under this Agreement and is:

  • Qualifying Individual means an individual aged 18 years or over who is deemed to be resident in the UK for tax purposes. This includes a non-resident who performs duties which by virtue of Section 28 of the Income Tax (Earnings & Pensions) Act 2003 are treated as being performed in the UK (Crown employees serving overseas) or is married to, or is in a civil partnership with a person who performs such duties.

  • Qualifying Lender has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Qualifying Institution means the United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof, or a foreign bank, having assets $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least "A" from S&P and "A2" from Moody's.

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.

  • Qualifying job means a permanent full-time job that:

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Qualifying services means the provision of any service to the State or to any other public body, except for public work as defined in section 2 of P.L.1963, c.150 (C. 34:11-56.26).

  • qualifying issuer means a reporting issuer in a jurisdiction of Canada that

  • Qualifying child means an individual who:

  • qualifying person means a person in respect of whom payment has been made from the Fund, the Eileen Trust, MFET Limited, the Skipton Fund, the Caxton Foundation or the London Bombings Relief Charitable Fund;

  • qualifying individuals means individuals who have been, or without the assistance might otherwise be—

  • Qualifying Service means one year or more of continuous service and residence away from the home country and the country of nationality of a staff member, or the country where the staff member has acquired permanent resident status.

  • Qualifying country component means a component mined, produced, or manufactured in a qualifying country.

  • Eligible Country means the countries and territories eligible for participation in procurements.

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following: