Counterparty Account means, in relation to a Series of Securities, the account of the Counterparty from time to time designated for such purpose, which account being initially as set out in the Issue Terms.
Counterparty Account means any Deposit Account, Securities Account or Commodities Account (and all cash, Cash Equivalents and other securities or investments substantially comparable to Cash Equivalents therein) pledged to or deposited with the Borrower or any Restricted Subsidiary as cash collateral posted or deposited by a contract counterparty (including a counterparty in respect of Commodity Hedging Obligations) to or for the benefit of the Borrower or any Restricted Subsidiary, in each case, only for so long as such account (and amounts therein) represents a security interest (including as a result of an escrow arrangement) in favor (and not an ownership interest in the amounts therein) of the Borrower or the applicable Restricted Subsidiary.
Examples of Counterparty Account in a sentence
Until you specify a specific Counterparty Account you shall be personally liable, as principal, in respect of the relevant Transaction.
Counterparty Account details: Account No: 14923 held with Banco Bilbao Vizcaya Argentaria, S.A.
You undertake, as agent for the relevant Counterparty and on your own behalf, in respect of each instruction given, to specify within two hours of giving an instruction (or such other time as we may reasonably specify) the Counterparty Account to which the relevant instruction relates.
We shall, in respect of each Counterparty, establish and maintain one or more separate sub-accounts (each a "Counterparty Account").
The only permitted withdrawal from or application of funds on deposit in, or otherwise to the credit of, a Hedge Counterparty Account shall be for application to obligations of the applicable Hedge Counterparty to the applicable Issuers under the related Hedge Agreement.
More Definitions of Counterparty Account
Counterparty Account means as defined in Section 1.6
Counterparty Account. We shall, in respect of a Counterparty, establish and maintain one or more separate sub-accounts (each a “Counterparty Account”). You undertake, as agent for the relevant Counterparty and on your own behalf, in respect of each instruction given, to specify within two (2) hours of giving an instruction or such other time as we may reasonably specify the Counterparty Account to which the relevant instruction relates. Until you specify a specific Counterparty Account you shall be personally liable, as principal, in respect of the relevant Transaction. You further undertake, as agent for any Counterparty and on your own behalf, to notify us immediately if any two or more Counterparty Accounts relate to the same Counterparty.
Counterparty Account means as defined in Section 1.6.
Counterparty Account means an account maintained by us in respect of Transactions undertaken by you as agent for a specific identified Underlying Client; and
Counterparty Account means any Deposit Account, Securities Account or Commodities Account (and all cash, cash equivalents and other securities or investments substantially comparable to cash equivalents therein) pledged to or deposited with the Company, GAI or any Restricted Subsidiary (as defined in the Indenture) as cash collateral posted or deposited by a contract counterparty (including a counterparty in respect of Hedging Obligations) to or for the benefit of the Company, GAI or any Restricted Subsidiary (as defined in the Indenture), in each case, only for so long as such account (and amounts therein) represents a security interest (including as a result of an escrow arrangement) in favor (and not an ownership interest in the amounts therein) of the Company, GAI or the applicable Restricted Subsidiary (as defined in the Indenture).
Counterparty Account means any Deposit Account, Securities Account or commodities account (and all cash, Cash Equivalents and other securities or investments substantially comparable to Cash Equivalents therein) pledged to or deposited with Company or any Restricted Subsidiary as cash collateral posted or deposited by a third party contract counterparty that is not an Affiliate of the Company (including a counterparty in respect of Commodities Obligations) to or for the benefit of Company or any Restricted Subsidiary, in each case, only for so long as such account (and amounts therein) represents a security interest (including as a result of an escrow arrangement) in favor (and not an ownership interest in the amounts therein) of Company or the applicable Restricted Subsidiary. “Counterparty Cash” as defined in the definition of “Excluded Assets”. “Crédit Agricole” as defined in the preamble hereto. “Credit Date” means the date of a Credit Extension. “Credit Document” means any of this Agreement, the Notes, if any, the Intercompany Subordination Agreement, the Collateral Documents, any Letter of Credit Applications or reimbursement agreements or other documents or certificates requested by an Issuing Bank executed by Company in favor of an Issuing Bank relating to Letters of Credit, and all other certificates, instruments or agreements executed and delivered by a Credit Party for the benefit of any Agent, any Issuing Bank or any Lender in connection herewith. -15- 105376510
Counterparty Account means the bank account established by the Counterparty in accordance with Clause 13.2, or any substitute account duly notified by the Counterparty in accordance with Clause 13.4; Counterparty Default means: