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

  • In such cases, BW PreXLR is not obliged to compensate Counterparty for any resulting damages and/or costs incurred.

  • Counterparty indemnifies BW PreXLR against any claims from data subjects or third parties resulting from Counterparty's non-compliance with the applicable laws and regulations, including but not limited to the GDPR.

  • The extrajudicial collection costs shall amount to at least 15% of the amount owed by Counterparty, with a minimum of €1,500.00.

  • The legal claim for compensation or rectification of Counterparty against BW PreXLR shall expire one year after Counterparty has notified BW PreXLR in writing of its liability.

  • Failure to do so will deprive Counterparty of any rights based on the relevant complaints.


More Definitions of Counterparty

Counterparty shall have the meaning set forth in Section 1(u) hereof.
Counterparty. : means Morgan Stanley & Co. International plc.
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 Societe Generale.
Counterparty means the opposite party in a bilateral agreement, contract, or transaction.
Counterparty. Not Applicable