UBO definition

UBO means (a) any of ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ or any of their estate, spouse, and/or descendants; (b) any trust for the benefit of the persons listed in (a); (c) Fairfax Financial Holdings Limited; (d) an Affiliate of any of the persons listed in (a), (b) or (c); or (e) a combination of the foregoing.

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UBO means the provisions of relevant ultimate beneficial owner identification legislation and regulations in the Cayman Islands and elsewhere.

UBO means ultimate beneficial owner (as determined in accordance with our Local Practices).

Examples of UBO in a sentence

• The Fund and the Transfer Agent hereby agree to follow the procedures relating to Authorized Participant, UBO and Controlling Party identity verification as set forth in Appendix A hereto.

• The Transfer Agent shall, within thirty (30) calendar days of the Transfer Agent’s execution of the Authorized Participant Agreement (as defined in the Agreement) for any new Authorized Participant or within thirty (30) calendar days of the Transfer Agent being notified of or detecting a change to any relevant Authorized Participant, UBO or Controlling Party information, verify the identifying information of such Authorized Participant as recorded on the Transfer Agent’s record keeping systems.

• The Fund or its agent shall promptly notify the Transfer Agent of any changes to any relevant Authorized Participant, UBO or Controlling Party information, including, but not limited to, changes of name, corporate structure, bank details, tax status, address or beneficial ownership.

• The Transfer Agent shall, within thirty (30) calendar days of acceptance by the Fund of a Fund Investor’s subscription or within thirty (30) calendar days of the Transfer Agent being notified of or detecting a change to any relevant Fund Investor, UBO or Controlling Party information, verify the identifying information of such Fund Investor, UBO or Controlling Party as recorded on the Transfer Agent’s record keeping systems.

• We can also do so if you or the Ultimate Beneficial Owner (UBO) is included on a sanctions list or fails to comply with (internal) policy rules, or if you do not cooperate with proper implementation of the pension scheme.

More Definitions of UBO

UBO means ultimate beneficial owner with “beneficial owner” being defined in Regulation 6;

UBO means ultimate beneficial owner, i.e., any natural person, who ultimately owns or controls the Agent, the Business Partner or any other natural person on whose behalf a transaction or activity is being conducted, and includes at least:

UBO means the City of Akron Utilities Business Office.

UBO. As such term is defined in Section 5.2(ee) hereof.

UBO means ultimate beneficial owner with “beneficial owner” being defined in Regulation 6 of the 2007 Regulations (see Annex).

UBO means Ultimate Beneficial Owner;

UBO means any natural person who ultimately owns or controls the investor, especially on the basis of a sufficient percentage of shares, voting rights or other means.’