FATCA FFI definition

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Finance Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction.

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Creditor Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction;

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if the Bank is not a FATCA Exempt Party, could be required to make a FATCA Deduction;

Examples of FATCA FFI in a sentence

• If so directed by the Lender, the Borrower shall procure that any Obligor which is a FATCA FFI or a US Tax Obligor shall resign as an Obligor and, if applicable, a Guarantor prior to the earliest FATCA Application Date relating to any payment by that Obligor (or any payment by the Lender which relates to a payment by that Obligor).

• The Borrower shall ensure that it will not become a FATCA FFI or a US Tax Obligor.

• Each Obligor shall procure that, unless otherwise agreed by the Lender, no Obligor shall become a FATCA FFI or a US Tax Obligor.

• The Borrower shall promptly notify the Agent if any Security Party becomes or ceases to be a FATCA FFI or a US Tax Obligor.

• The Borrower shall promptly notify the Facility Agent if any Security Party becomes or ceases to be a FATCA FFI or a US Tax Obligor, provided that, in the absence of dishonesty, wilful misconduct or gross negligence and without prejudice to any other remedies available to the Facility Beneficiaries, a breach of this clause 12.1.32 shall be disregarded for the purpose of determining whether an Event of Default or Default has occurred.

More Definitions of FATCA FFI

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Issuer Secured Creditor or FleetCo Secured Creditor is not a FATCA Exempt Party, could be required to make a FATCA Deduction.

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code. Ferro Performance Pigments Servicer Account means the bank account held with Bank of America Madrid Branch in the name of Ferro Performance Pigments Spain, S.L.U., with account number XX00 0000 0000 0000 0000 0000, swift address XXXXXX0X.

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code.

FATCA FFI means a foreign financial institution as defined under FATCA which, if any Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction.

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Finance Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction. Fee Letter means any letter dated on or about the date of this Agreement between the Arranger and the Borrower (or the Agent and the Borrower) setting out any of the fees referred to in clause 11 (Fees). Final Repayment Date means, subject to clauses 35.12 and 35.13 (Business Days), the date falling 96 months after the Utilisation Date. Finance Documents means this Agreement, any Fee Letter, the Security Documents, any Hedging Contracts, any Hedging Master Agreement, and any other document designated as such by the Agent and the Borrower. Finance Party means the Agent, the Security Agent, the Arranger, any Hedging Provider or a Lender.

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Finance Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction. 8 Fee Letters means the letters dated on or about the date of this Agreement between the Arrangers (or any of them) and the Borrower (or the Agent and the Borrower) setting out any of the fees referred to in clause 11 (Fees) and Fee Letter means any one of them. Final Repayment Date means, subject to clause 37.7 (Business Days), the earlier of (a) 30 April 2018 and (b) the date 60 months after the first Utilisation Date in respect of the Term Loan.

FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Finance Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction. "Fee Letter" means any letter or letters between the Agent and the Borrower (or the Arrangers and the Borrower) setting out any fees referred to in Clause 9. "Final Availability Date" means any date up to one month before, but not including, the Maturity Date. "Finance Documents" means this Agreement, any Hedging Agreement, the Security Documents, the Fee Letter, any Transfer Certificate and any other document designated as such by the Agent and the Borrower and "Finance Document" means any one of them. "Finance Parties" means the Agent, the Arrangers, the Bookrunners, the Coordinator, the Hedge Providers and the Lenders and "Finance Party" means any one of them. "Financial Indebtedness" means any indebtedness for or in respect of: (a) moneys borrowed; (b) any acceptance credit;