Examples of Resident Entity in a sentence
A Non-United Kingdom Resident Entity means an Entity that is not resident in the United Kingdom for the purposes of this Agreement.
An “NFFE” means any Non-United Kingdom Resident Entity that is not a Financial Institution as defined in this agreement.
To avoid potential Australian income tax consequences for the ICAV, the Investment Manager will monitor each Fund's holdings in Australian Resident Entities and will be required to dispose of any Fund's investments in an Australian Resident Entity if and when, in the Investment Manager's reasonable opinion, such investments would cause a potential Australian income tax liability for the Fund or the ICAV.
A Resident Entity is allowed to refinance the outstanding approved Borrowing (including principal and accrued interest or profit) as per paragraphs 6 to 10, subject to compliance with the requirements in the respective paragraph.4 Computed based on an aggregate Borrowing in Foreign Currency by the Resident Entity and other Resident Entity with Parent-Subsidiary Relationship.
A Resident Entity is allowed to borrow in Ringgit up to RM1 million in aggregate3 for use in Malaysia from a Non-Resident excluding a NRFI.