Ultimate Beneficial Owner definition

Ultimate Beneficial Owner means the individual that ultimately derives the benefits of ownership or control of a body corporate;

Ultimate Beneficial Owner means an individual who (i) directly or indirectly controls more than 10% of the shares of the company; or (ii) directly or indirectly controls more than 10% of the voting rights of the company; or (iii) has the right to appoint a majority of the board of directors.

Ultimate Beneficial Owner or “Beneficial Owner” means the natural person who owns or exercises effective ultimate control, directly or indirectly, over a customer or the natural person on whose behalf a transaction is being conducted or, the natural person who exercises effective ultimate control over a legal person or Legal arrangement.

Examples of Ultimate Beneficial Owner in a sentence

• Ultimate Beneficial Owner (UBO)Investors (other than Individuals) are required to provide details of UBO(s) and submit POI (viz.

• Please contact the nearest ISC of MAMF or log on to our website www.miraeassetmf.co.in for the Declaration Form.A Ultimate Beneficial Owner means:I.

• If more than one natural person please complete separate Ultimate Beneficial Owner form, available on the Sanne webpage.Please select the appropriate option below in accordance with the role of the individual for whom this section is being completed.

• Ultimate Beneficial Owner:- Pursuant to guidelines on identification of Beneficial Ownership issued vide SEBI circular no.

• Ultimate Beneficial Owner / FATCA & CRS Annexure Form - For Non Individual Accounts Name of the Entity Type of address given at KRA (3)ResidentialBusinessRegistered OfficeAddress of tax residence would be taken as available in KRA database.

More Definitions of Ultimate Beneficial Owner

Ultimate Beneficial Owner. UBO”)" means in respect of a Juristic Person, a natural person who independently or together with another natural person, directly or indirectly:·

Ultimate Beneficial Owner means a natural person who ultimately owns or controls a company, whether directly or indirectly, through at least twenty-five percent shares or voting rights or by exercising effective control in that company through other means. ‘Control through other means’ may be exercised through a chain of ownership or through close relatives or associates having significant influence or control over the finances or decisions of the company.

Ultimate Beneficial Owner means the person who:

Ultimate Beneficial Owner. - means the natural person(s) who ultimately owns or controls the company owning the yacht.

Ultimate Beneficial Owner means the natural person or persons who are the ultimate beneficial owners of the shares and who ultimately own, control or influence and includes a person who exercises ultimate effective control over a legal person or arrangement.

Ultimate Beneficial Owner means any natural person(s) who directly or indirectly own(s) or control(s) 25% or more of the shares of a company and/or any natural person(s) who exercise(s) a Controlling Interest in that company.

Ultimate Beneficial Owner in relation to the Supplier or the Supplier’s subcontractor, refers to a natural person who owns or controls the Supplier or the Supplier’s subcontractor, whether through direct or indirect ownership and control, or to a natural person who exercises ultimate effective control over the management of the Supplier or the Supplier’s subcontractor.