Approved Counterparties definition

Approved Counterparties means any counterparty to the Hedging Agreement with the Borrower that (a) is a Lender or an Affiliate of a Lender or (b) has a credit rating of Baal or higher from ▇▇▇▇▇’▇ or BBB+ or higher from S&P.

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Approved Counterparties means the counterparties as listed in the relevant Final Terms, Pricing Supplement, Series Prospectus or Series Listing Particulars

Approved Counterparties means counterparties approved by the Investment

Examples of Approved Counterparties in a sentence

• Each Cash Management Bank and Approved Counterparty, upon the Administrative Agent’s receipt of a Secured Party Designation Notice, shall be an intended third-party beneficiary of the provisions hereof and of the other Loan Documents that expressly benefit the Cash Management Banks and Approved Counterparties, as applicable.

• Bank shall receive any applicable Securities Loan Fees paid by Approved Counterparties and credit all such amounts to the Custody Account.

• The commencement of such proceedings may entitle creditors (including Approved Counterparties) to terminate contracts with the Company (including FDIs) and claim damages for any loss arising from such early termination.

• Each Customer hereby appoints Bank as its agent to lend Securities held by the Custodian on behalf of such Customer to Approved Counterparties from time to time as set forth in this Agreement, and to instruct the Custodian to receive and deliver Securities, as applicable, to effect such Loans.

• From time to time Bank may lend to Approved Counterparties Securities held by the Custodian and identified by Customer as being available for Loan and direct the Custodian to deliver such Securities against receipt of Collateral.

More Definitions of Approved Counterparties

Approved Counterparties is hereby amended by deleting “the Borrower” and inserting in place thereof “any of the Borrower and its Subsidiaries (including any EPL Obligor)”.

Approved Counterparties means any three leading banks and/or investment banking firms with international standing as determined by the Issuer.

Approved Counterparties means the counterparties as listed in the relevant Issue Terms “Arranger Bankruptcy Event” means the occurrence of a Bankruptcy in relation to the Arranger “Assets” means:

Approved Counterparties means a counterparty to a Hedging Contract that at the time of entering into such Hedging Contract (a) is a Lender Counterparty, (b) is a Person whose corporate rating is A- or higher by S&P or whose senior unsecured long-term debt obligations are rated A- or higher by S&P, (c) is a Specified Counterparty, or (d) is any other Person satisfactory to Administrative Agent in its discretion; provided that (i) if any Specified Counterparty at any time fails to satisfy the credit rating set forth next to its name on Schedule 5 (as applicable, the “Rating Requirement”), an Affiliate of such Specified Counterparty that does satisfy the applicable Rating Requirement (each, a “Guarantor Affiliate”) shall have executed a guaranty (in form and substance satisfactory to Administrative Agent) of such Specified Counterparty’s obligations in respect of any and all Hedging Contracts entered into with Borrower, and (ii) if any Specified Counterparty (or its Guarantor Affiliate, as applicable) at any time fails to satisfy the Rating Requirement for such Specified Counterparty, such Specified Counterparty shall cease to be an “Approved Counterparty” with respect to any Hedging Contracts proposed to be entered into with such Specified Counterparty after such date; provided, further, that Administrative Agent may at any time elect to waive the requirements of clause (i) or clause (ii) of the foregoing proviso at its sole discretion, which waiver, if any, and the specific terms thereof, will be confirmed promptly in writing to Borrower.

Approved Counterparties means (a) any of JPMorgan Chase Bank, N.A., ▇▇▇▇▇ Fargo Bank, N.A., ▇▇▇▇▇▇▇ Sachs & Co. and any of their respective Affiliates, provided, that, at the time of entering into any Hedging Agreement such person has a credit rating of “A3” or higher from ▇▇▇▇▇’▇ or “A-” or higher from S&P, or (b) a Lender or an Affiliate of a Lender.

Approved Counterparties means the counterparties as listed in the relevant Final Terms or Series Prospectus

Approved Counterparties means one or more entities selected by the Company as