Calculating Agent definition

Calculating Agent means any third party appointed by the Licensee and approved by the LME in writing to perform Index calculation services in relation to the Permitted Use subject to this Agreement;
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Calculating Agent means the person named as Calculating Agent in the preamble to this Indenture and its successors and assigns.
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Calculating Agent means a person who calculates a benchmark in accordance with the methodology set out by the financial benchmark administrator.
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Examples of Calculating Agent in a sentence

  • If a Market Disruption Event occurs with respect to an asset comprising a part of the Index, the Calculating Agent may base its determination of the percentage share of such asset on the value of the Index on a comparison of (i) a part of the Index corresponding to such asset (immediately before the occurrence of the Market Disruption Event) and (ii) the Index as a whole (immediately before the occurrence of the Market Disruption Event).

  • These controls and procedures are subject to review during the annual review conducted by BEISL.Calculating AgentConflicts of interest to which the Calculating Agent is a party to should be identified by internal controls and procedures implemented by the Calculating Agent.

  • The Issuer has appointed the: (a) Collection Agent to manage the Receivables and, apart from other duties, ensure efficiency and maximization in such collections; and (b) Calculating Agent to, apart from other duties, establish the initial value of the Receivables transferred to the Asset Pool as well as the valuation of such Receivables when being replaced by new ones or in cash.

  • The Senior Assessor shall maintain the master spreadsheets and ensure that these are up to date with regards to the Contribution of Input Data provided by Calculating Agent, reporting routes, multipliers, calculations and any relevant changes to the benchmark methodology.

  • The Issuer shall be entitled to replace the Calculating Agent at any time with another suitably qualified person having its head office or a branch office within a country of the European Economic Area.

  • The Board of Directors shall be responsible for the general management of the Issuer’s affairs and has delegated to the Calculating Agent the selection of the Securitisation Assets.

  • These controls and procedures are subject to review during the annual review conducted by BEISL.Senior Manager/ Compliance DepartmentGeneral1 Review operational and policy decisions made especially as they relate to the provision of benchmarks with a view towards assessing the potential for conflicts of interest.2 Perform yearly assessments of Baltic Employees, Calculating Agent, Data Providers, the BEISL Board and the BAIC with a view to identifying and considering any potential for conflicts of interest.

  • They will then use their expert judgement and discretion whether to validate the value calculated by the Calculating Agent pursuant to Section 4 of the Guide, or to replace the calculated value with the value calculated under the waterfall methodology set out above.

  • The agreement engaging the Calculating Agent shall be available for inspection by ABS Investors at the Issuer’s registered office during normal office hours.

  • The Calculating Agent shall run daily checks on the data entered to produce the index to identify and address any anomalies.


More Definitions of Calculating Agent

Calculating Agent. A third party acceptable to Buyex xxx Seller, whose determinations and calculations shall be binding in the absence of manifest error. Procedure for Exercise:
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Calculating Agent means any third party appointed by the Licensee and
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Related to Calculating Agent

  • Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

  • Calculation Agent means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Valuation Agent means Party A in all circumstances.

  • FTPS Unit Servicing Agent means FTP Services LLC or any successor FTPS Unit servicing agent appointed as hereinafter provided."

  • Calculation Agent Agreement means the Calculation Agent Agreement dated as of May 18, 2018 between the Company and the Calculation Agent, as amended from time to time.

  • Index Calculation Agent means Bank Vontobel AG, Gotthardstrasse 43, 8002 Zurich, Switzerland. "Index Calculation Day" means every day from Monday to Friday.

  • RMB Rate Calculation Agent means the agent appointed from time to time by the Issuer for the determination of the RMB Spot Rate or identified as such in the relevant Final Terms.

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Chelating agent means amine polycarboxylic acids, hydroxycarboxylic acids, gluconic acid, and polycarboxylic acids.

  • Verification Agent As defined in Section 3.28.

  • RFR Administrator means the XXXXX Administrator or the SARON Administrator, as applicable.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • Master Servicer Remittance Amount With respect to each Master Servicer and each Master Servicer Remittance Date, an amount equal to (a) all amounts on deposit in such Master Servicer’s Collection Account as of 11:00 a.m., New York City time, on such Master Servicer Remittance Date, net of (b) any portion of the amounts described in clause (a) of this definition that represents one or more of the following: (i) collected Monthly Payments with respect to any Mortgage Loan serviced by such Master Servicer that are due on a Due Date following the end of the related Collection Period, (ii) to the extent not covered by clause (i) above, any payments of principal (including Principal Prepayments) and interest, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds Received by the Trust with respect to any Mortgage Loan or REO Property serviced by such Master Servicer after the end of the related Collection Period, (iii) any Prepayment Premiums and/or Yield Maintenance Charges Received by the Trust with respect to any Mortgage Loan or successor REO Mortgage Loan serviced by such Master Servicer with respect thereto after the end of the related Collection Period, (iv) any Excess Liquidation Proceeds, (v) any amounts payable or reimbursable to any Person from such Collection Account pursuant to clauses (ii) through (xxii) of Section 3.05(a), and (vi) any amounts deposited in such Collection Account in error; provided that the Master Servicer Remittance Amount with respect to such Master Servicer for the Master Servicer Remittance Date that occurs in the same calendar month as the anticipated Final Distribution Date shall be calculated without regard to clauses (b)(i), (b)(ii), (b)(iii) and (b)(iv) of this definition.

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Loan Servicer means the entity that from time to time is designated by Lender to collect payments and deposits and receive Notices under the Note, the Security Instrument, this Loan Agreement and any other Loan Document, and otherwise to service the Loan evidenced by the Note for the benefit of Lender.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

  • Distribution Agent shall refer to the Trustee acting in its capacity as distribution agent pursuant to Section 5.05 herein."

  • Certificate Administrator Fee Rate 0.0031% per annum.

  • Billing agent means a telephone utility that includes in a bill it sends to a customer a charge for a product or service offered by a service provider.[PL 1999, c. 59, §1 (NEW); PL 1999, c. 59, §3 (AFF).]

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • Securities Administrator Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) 1/12th of the Securities Administrator Fee Rate and (b) the Scheduled Principal Balance of each Mortgage Loan as of the first day of the related Collection Period. Securities Administrator Fee Rate: 0.001% per annum.