Beneficial Ownership Regulation definition

Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

Beneficial Ownership Regulation means 31 C.F.R § 1010.230.

Beneficial Ownership Regulation has the meaning set forth in Section 13.16.

Examples of Beneficial Ownership Regulation in a sentence

• The Borrower shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender reasonably requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act and the Beneficial Ownership Regulation.

• Each Loan Party shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act and the Beneficial Ownership Regulation.

• The Borrower shall, promptly following a reasonable request by any Lender (through the Administrative Agent) or the Administrative Agent, provide all documentation and other information that such Lender or the Administrative Agent, as applicable, requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money-laundering rules and regulations, including the PATRIOT Act and the Beneficial Ownership Regulation.

• The Loan Parties shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act and the Beneficial Ownership Regulation.

• Upon the reasonable request of any Lender made at least 5 Business Days prior to the Effective Date, at least three Business Days prior to the Effective Date, any Loan Party that qualifies as a “legal entity customer” under the Beneficial Ownership Regulation shall have delivered, to each Lender that so requests, a Beneficial Ownership Certification in relation to such Loan Party.

More Definitions of Beneficial Ownership Regulation

Beneficial Ownership Regulation means 31 C.F.R. § 1010.230. “Benefit Plan” means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

Beneficial Ownership Regulation means 31 C.F.R. § 1010.230. NYDOCS02/1172785 2

Beneficial Ownership Regulation means the regulation set forth at 31 C.F.R. § 1010.230 or any successor thereto.

Beneficial Ownership Regulation means 31 C.F.R. § 1010.230. “Borrower” has the meaning set forth in the introductory paragraph hereto. “Borrower’s Rating” means the senior secured long-term debt rating of the Borrower from S&P or Xxxxx’x. “Borrowing” means a group of 2026 Revolving Loans or 2027 Revolving Loans, as applicable, of a single Type made by the Lenders on a single date and, in the case of a Term SOFR Borrowing, having a single Interest Period. “Business Day” means any day except a Saturday, Sunday or other day on which commercial banks in Charlotte, North Carolina or New York, New York are authorized by law to close; provided, that, when used in Article III with respect to any action taken by or with respect to any Issuing Lender, the term “Business Day” shall not include any day on which commercial banks are authorized by law to close in the jurisdiction where the office at which such Issuing Lender books any Letter of Credit is located; and provided, further, that if such day relates to any interest rate settings as to a Term SOFR Loan, any fundings, disbursements, settlements and payments in respect of any such Term SOFR Loan, or any other dealings to be carried out pursuant to this Agreement in respect of any such Term SOFR Loan, means a U.S. Government Securities Business Day. “Capital Lease” means any lease of property which, in accordance with GAAP, should be capitalized on the lessee’s balance sheet. “Capital Lease Obligations” means, with respect to any Person, all obligations of such Person as lessee under Capital Leases, in each case taken at the amount thereof accounted for as liabilities in accordance with GAAP. “Change of Control” means (i) the acquisition by any Person, or two or more Persons acting in concert, of beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended) of 25% or more of the outstanding shares of voting stock of PPL Corporation or its successors or (ii) the failure at any time of PPL Corporation or its successors to own, directly or indirectly, 80% or more of the outstanding shares of the Voting Stock in the Borrower. “Commitment” means, a 2026 Revolving Commitment and/or a 2027 Revolving Commitment, as the context may require. “Commitment Fee” has the meaning set forth in Section 2.07(a). “Commitment Ratio” means, with respect to any Lender, the percentage equivalent of the ratio which such Lender’s Commitment bears to the aggregate amount of all Comm...

Beneficial Ownership Regulation has the meaning assigned to such term in Section 4.01(l).

Beneficial Ownership Regulation means 31 C.F.R. §1010.230, as amended, modified, or supplemented from time to time.

Beneficial Ownership Regulation has the meaning specified in the definition of Beneficial Ownership Certification.