Beneficial Identity definition

Beneficial Identity means the ultimate beneficiary of the Account which in the case of a company or body corporate the individuals who are the ultimate beneficial owners of the share capital of the company or body corporate and includes a beneficiary holding an interest through a nominee or trust;
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Beneficial Identity in relation to the Client, means the ultimate beneficiary of the Account or, where the Client is a company or body corporate, the individuals who are the ultimate beneficial owners of the share capital of the company or body corporate, and includes a beneficiary holding an interest through a nominee or trust.
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Beneficial Identity. , in relation to the Client, means the ultimate beneficiary of the Account (or where the Client is a company or body corporate, the individual(s) who is/are the ultimate beneficial owner(s) of the share capital of the company or body corporate) and includes a beneficiary holding an interest through a nominee or trust, or any person or entity (legal or otherwise) that is ultimately responsible for originating the Instruction or any person or entity (legal or otherwise) that stands to gain the commercial or economic benefit of the Transaction and/or bear its commercial or economic risk;
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Examples of Beneficial Identity in a sentence

  • The rules of such exchanges and clearing houses shall be binding on GTJAF and the Client in respect of transactions concluded on the Client's Instruction, and these rules contain provisions requiring GTJAF in certain circumstances to disclose the Client's name, Beneficial Identity and sure other information concerning the Client.

  • The rules of such exchanges and clearing houses shall be binding on GTJAF and the Client in respect of transactions concluded on the Client's Instruction, and these rules contain provisions requiring GTJAF in certain circumstances to disclose the Client's name, Beneficial Identity and such other information concerning the Client.


More Definitions of Beneficial Identity

Beneficial Identity. , in relation to Client, means the ultimate beneficiary of the Account or, where Client is a company or body corporate, the individuals who are the ultimate beneficial owners of the share capital of the company or body corporate, and includes a beneficiary holding an interest through a nominee or trust.
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Related to Beneficial Identity

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • Gender identity means a person's concept of self that may be different than their birth-assigned gender and related physical characteristics, societal attitudes and expectations.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.