Similar Entity definition

Similar Entity means each of:
Similar Entity means a trust, association of persons or company registered in terms of section 21 of the Companies Act, 1973 (Act No. 61 of 1973); (xiii)
Similar Entity means a trust as contemplated in the Trust Property Control Act, 1988 (Act No. 57 of 1988), a co-operative as contemplated in the Co-operatives Act, 2005 (Act No. 14 of 2005), or any other

Examples of Similar Entity in a sentence

  • Licensees Who Hold Themselves out as a Team, Group, or Similar Entity within a Firm.

  • Starting a Branch Campus or Similar Entity Amend XXI., Section 2.E. as follows: E.

  • Upon evaluation, we have determined that the adoption of FIN 47 did not have a material impact on our financial statements.In June 2005, FASB ratified the consensus reached in Emerging Issues Task Force (“EITF”) No. 04-5, Determining Whether a General Partner, or the General Partners as a Group, Controls a Limited Partnership or Similar Entity When the Limited Partners Have Certain Rights (“EITF 04-5”).

  • In June 2005, the FASB ratified the consensus reached in EITF Issue No. 04-5, “Determining Whether a General Partner, or the General Partners as a Group, Controls a Limited Partnership or Similar Entity When the Limited Partners Have Certain Rights” (“EITF Issue No. 04-5”).

  • Licensees who hold themselves out as a Team, Group, or Similar Entity within a Firm.

  • In June 2005, the FASB ratified the consensus in EITF Issue No. 04-5, or EITF 04-5, “Determining Whether a General Partner, or the General Partners as a Group, Controls a Limited Partnership or Similar Entity When the Limited Partners Have Certain Rights,” which provides guidance in determining whether a general partner controls a limited partnership.

  • Starting a Branch Campus or Similar Entity Amend XIX., Section 2.E. as follows: E.

  • Establishing the precise scope of such rules in face of state practice is by no me- ans undisputed or easy.

  • We consolidate ONEOK Partners in accordance with Emerging Issues Task Force Issue No. 04-5 (EITF 04-5), “Determining Whether a General Partner, or the General Partners as a Group, Controls a Limited Partnership or Similar Entity When the Limited Partners Have Certain Rights.” EITF 04-5 presumes that a general partner controls a limited partnership and therefore should consolidate the partnership in the financial statements of the general partner.

  • Accounting Standards Update No. 2017-02, Not-for-Profit Entities— Consolidation (Subtopic 958-810): Clarifying When a Not-for-Profit Entity That Is a General Partner or a Limited Partner Should Consolidate a For- Profit Limited Partnership or Similar Entity, issued January 12, 2017.


More Definitions of Similar Entity

Similar Entity means a trust as contemplated in the Trust Property Control Act, 1998 (Act No. 57 of 1988), a co-operative as contemplated in the Co-operatives Act, 2005 (Act No. 14 of 2005), or any other recognized association of persons or a company registered in terms of the Companies Act, 2008 (Act No. 71 of 2008);”. Substitution of section 2 Act 28 of 1996
Similar Entity means a party that is ineligible for a loan from a FarmCredit bank or association, but hasoperations that are functionally similar to the activities of eligible borrowers in that a majority of its income is derived from, or a majority of its assets areinvested in, the conduct of activities that are performed by eligibleborrowers.(b) Similar entity transactions . A Farm Credit bank or a direct lender association may participate with alender that is not a Farm Credit System institution in loans to a similar entitythat is not eligible to borrow directlyunder §§ 613.3000, 613.3010, 613.3020,613.3100, or 613.3200, for purposes similar to those for which an eligible borrower could obtain financing from the participating FCS institution.(c) Compatibility with lendingauthorities under titles I and II of theAct. Each direct lender association may participate in loans to similar entitiesunder paragraph (b) of this section only to the extent that such loans arecompatible with the association’sapplicable long-term real estate lendingauthority under sections 1.7(a) and 1.10(a) of the Act or its short- andintermediate-term lending authorities under sections 1.10(b) and 2.4 of the Act.(d) Restrictions. Participations by aFarm Credit bank or association in loans to a similar entity under this section are subject to the following limitations:(1) Lending limits.
Similar Entity means a trust as contemplated in the Trust Property Control Act, 1988 (Act No. 57 of 1988), a co-operative as contemplated
Similar Entity means a party that is ineligible for a loan from a FarmCredit bank or association, but hasoperations that are functionally similar to the activities of eligible borrowers in that a majority of its income is derived from, or a majority of its assets areinvested in, the conduct of activitiesthat are performed by eligible borrowers.
Similar Entity means a trust, association of persons or company registered in terms of section 21 of the Companies Act,
Similar Entity. ’ means a party that is ineligible for a loan from a Farm Credit bank or association, but has operations that are functionally similar to

Related to Similar Entity

  • Subject Entity means any Person, Persons or Group or any Affiliate or associate of any such Person, Persons or Group.

  • Entity means any corporation (including any non-profit corporation), general partnership, limited partnership, limited liability partnership, joint venture, estate, trust, company (including any company limited by shares, limited liability company or joint stock company), firm, society or other enterprise, association, organization or entity.

  • Successor Entity means the Person (or, if so elected by the Holder, the Parent Entity) formed by, resulting from or surviving any Fundamental Transaction or the Person (or, if so elected by the Holder, the Parent Entity) with which such Fundamental Transaction shall have been entered into.