Common use of Aggregation of Individual Accounts Clause in Contracts

Aggregation of Individual Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an individual, a Reporting Serbian Financial Institution is required to aggregate all Financial Accounts maintained by the Reporting Serbian Financial Institution, or by a Related Entity, but only to the extent that the Reporting Serbian Financial Institution’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated. Each holder of a jointly held Financial Account shall be attributed the entire balance or value of the jointly held Financial Account for purposes of applying the aggregation requirements described in this paragraph 1.

Appears in 2 contracts

Samples: Agreement, Agreement

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Aggregation of Individual Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an individual, a Reporting Serbian Slovenian Financial Institution is required to aggregate all Financial Accounts maintained by the Reporting Serbian Slovenian Financial Institution, or by a Related Entity, but only to the extent that the Reporting Serbian Slovenian Financial Institution’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated. Each holder of a jointly held Financial Account shall be attributed the entire balance or value of the jointly held Financial Account for purposes of applying the aggregation requirements described in this paragraph 1.

Appears in 2 contracts

Samples: Agreement, Agreement

Aggregation of Individual Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an individual, a Reporting Serbian Bulgarian Financial Institution is required to aggregate all Financial Accounts maintained by the Reporting Serbian Bulgarian Financial Institution, or by a Related Entity, but only to the extent that the Reporting Serbian Bulgarian Financial Institution’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated. Each holder of a jointly held Financial Account shall be attributed the entire balance or value of the jointly held Financial Account for purposes of applying the aggregation requirements described in this paragraph 1.

Appears in 1 contract

Samples: Agreement

Aggregation of Individual Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an individual, a Reporting Serbian Financial Institution of Montenegro is required to aggregate all Financial Accounts maintained by the Reporting Serbian Financial InstitutionInstitution of Montenegro, or by a Related Entity, but only to the extent that the Reporting Serbian Financial InstitutionInstitution of Montenegro’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated. Each holder of a jointly held Financial Account shall be attributed the entire balance or value of the jointly held Financial Account for purposes of applying the aggregation requirements described in this paragraph 1.

Appears in 1 contract

Samples: home.treasury.gov

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Aggregation of Individual Accounts. For purposes of determining the aggregate balance or value of Financial Accounts held by an individual, a Reporting Serbian Czech Financial Institution is required to aggregate all Financial Accounts maintained by the Reporting Serbian Czech Financial Institution, or by a Related Entity, but only to the extent that the Reporting Serbian Czech Financial Institution’s computerized systems link the Financial Accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances or values to be aggregated. Each holder of a jointly held Financial Account shall be attributed the entire balance or value of the jointly held Financial Account for purposes of applying the aggregation requirements described in this paragraph 1.

Appears in 1 contract

Samples: Agreement

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