Counterparty definition

Counterparty means PJMSettlement as the contracting party, in its name and own right and not as an agent, to an agreement or transaction with a Market Participant or other entities, including the agreements and transactions with customers regarding transmission service and other transactions under the PJM Tariff and the Operating Agreement. PJMSettlement shall not be a counterparty to (i) any bilateral transactions between Members, or (ii) any Member’s self- supply of energy to serve its load, or (iii) any Member’s self-schedule of energy reported to the Office of the Interconnection to the extent that energy serves that Member’s own load.
Counterparty means a Participant or a Participant’s Account or Customer whose Legal Entity Identifier is reported by BSEF to an SDR as a counterparty to a Trade.
Counterparty. : means HSBC Bank plc.

Examples of Counterparty in a sentence

  • Counterparty risk The risk consists of the fact that the fulfilment of transactions that are concluded for the account of the assets are jeop- ardised by liquidity difficulties or the bankruptcy of the corresponding counterparty.

  • Principal business activities of the Counterparty The principal business activities of OPMSL, the licensor to the New Licence Agreement, are to render supply of general administrative and staff services to its group companies and affiliates.

  • Houston, Texas 77056 Attn: Vice President, Commercial – Eastern Interstates Email: xxxxxxxxxxxxxxxxxx@xxxxxxxx.xxx Notices to Counterparty shall be sent to: Attn: Email: Each Party shall have the right, upon giving five days prior notice to the other in the manner hereinabove provided, to change its address for purposes of notice.

  • The Cap Collateral Account shall be subject to a tri-party account control agreement to be entered into among the Cap Counterparty, the Issuer and the Cap Custodian (the “Control Agreement”).

  • All acknowledgments and consents required from each Government Body a party to the Power Purchase Agreement or the BOT Contract have been executed by the relevant Vietnam Project Counterparty in accordance with clauses (b) and (d) of Article 9.3.


More Definitions of Counterparty

Counterparty shall have the meaning set forth in Section 1(u) hereof.
Counterparty means an entity (i) whose senior long term debt obligations are rated (at the time the subject Interest Rate Exchange Agreement is entered into) in either of the two highest rating categories from a recognized statistical rating organization or (ii) whose obligations under an Interest Rate Exchange Agreement are guaranteed by a financial institution whose senior long term debt obligations are rated (at the time the subject Interest Rate Exchange Agreement is entered into) in either of the two highest rating categories from a nationally recognized statistical rating organization or
Counterparty means PJMSettlement as the contracting party, in its name and own right and not as an agent, to an agreement or transaction with a Market Participant or other entities, including the agreements and transactions with customers regarding transmission service and other transactions under the PJM Tariff and the Operating Agreement. PJMSettlement shall not be a counterparty to (i) any bilateral transactions between Members, or (ii) any Member’s self- supply of energy to serve its load, or (iii) any Member’s self-schedule of energy reported to the Office of the Interconnection to the extent that energy serves that Member’s own . Credit Available for Export Transactions:
Counterparty means the opposite party in a bilateral agreement, contract, or transaction.
Counterparty. : means Societe Generale.