Approved Firm definition

Approved Firm means any of the firms listed in the letter agreement between the Company and the Insurer dated as of the date hereof, unless such entity, or any of its Affiliates, is subject to an agreement with any Party to this Agreement to provide audit, tax or other similar services to such Party or any of its Affiliates; provided, that, if (a) all of such entities are ineligible pursuant to the foregoing limitations or (b) all of such entities are otherwise unavailable, such other nationally recognized independent accounting, actuarial or consulting firm as may be reasonably acceptable to the Company and the Insurer.

Approved Firm is defined in Schedule 4.

Approved Firm means any of (a) Clarkson Valuations Limited, (b) Fearnley Offshore Supply Pte. Ltd., (c) Bassoe Offshore, (d) Arctic Offshore, (e) Pareto Offshore, and (f) any successor or affiliated company to those listed in (a) – (e), and (g) any other similarly qualified, independent ship broker that is not an Affiliate of the Borrowers and is mutually agreed upon by the Borrowers and the Administrative Agent; provided that at least one required appraisal per period shall be provided by one of the companies listed in clauses (a) – (c).

Examples of Approved Firm in a sentence

• This requirement may be satisfied by opening or maintaining the account(s) at Pershing or an Approved Firm or by having the broker-dealer or bank send the Firm duplicate copies of trade confirmations and all periodic statements, provided that such confirmations and periodic statements contain all of the information required to be provided in the report.

• As a general matter trading through non-Approved Firms is not permitted except in unusual cases, such as when a new employee is hired and cannot practically move an account to an Approved Firm.

• As a general matter, trading through non-Approved Firms is not permitted except in unusual cases, such as when a new employee is hired and cannot practically move an account to an Approved Firm.

• An Approved Firm Service Application is withdrawn only on serious grounds and only with the agreement of the Operator.

• If the Parties do not agree, in writing, on the calculation of the (i) Projected RBC Ratio pursuant to Section 6.6(a) or (ii) Projected Parent Liquidity Position or Liquidity Requirement pursuant to Section 6.6(b), then the determination by the Approved Firm shall be final and binding on all Parties.

More Definitions of Approved Firm

Approved Firm means a firm which has satisfied the Chief Inspector that its employs persons suitably qualified and trained (here-in-after referred to as the lift competent person grade 1) and controls equipment and facilities to ensure a proper standard of lift examination (inspection), service and maintenance.

Approved Firm means any of (a) Clarkson Valuations Limited, (b) Fearnley Offshore Supply Pte. Ltd., (c) Bassoe Offshore, (d) Arctic Offshore, (e) Pareto Offshore, (f) any successor or affiliated ship broker of those ship brokers listed in clauses (a) – (e), and (g) any other similarly qualified, independent ship broker that is not an Affiliate of the Company, the Issuers or any Subsidiary.

Approved Firm means any of the firms listed in the letter agreement between the Company and the Insurer dated as of the DTFA Execution Date, unless such entity, or any of its Affiliates, is subject to an agreement with any Party to this Agreement to provide audit, tax or other similar services to such Party or any of its Affiliates; provided, that, if (a) all of such entities are ineligible pursuant to the foregoing limitations or (b) all of such entities are otherwise unavailable, such other nationally recognized independent accounting, actuarial or consulting firm as may be reasonably acceptable to the Company and the Insurer.

Approved Firm means KPMG, PricewaterhouseCoopers, Ernst and Young, Deloitte Touche Tohmatsu and Grand Thorton LLP, or such Indian firm of chartered accountants associated with any of them;

Approved Firm means Lincoln International LLC, Valuation Research Corporation, Deloitte, Xxxxxxx & Marsal, Xxxxxx Xxxxxxxxx Advisors LLC or any additional entity designated from time to time by the Initial Lender (i) that is an independent appraisal firm recognized as being experienced in conducting valuations of loans of the type constituting Eligible Portfolio Assets, and (ii) that the Initial Lender, acting reasonably, determines is qualified with respect to each Eligible Portfolio Asset. Notwithstanding the foregoing, at no time may the Borrower, Holdings or any Affiliate of either be an Approved Firm.

Approved Firm means Linklaters LLP, PricewaterhouseCoopers LLP or any other firm of internationally recognised lawyers or accountants jointly approved by the Parent and the Trustee for the purposes of this Deed;

Approved Firm means a firm approved by the CEO & Principal Registrar (CEO) under this Practice Note or former Practice Note 107;