Counterparty Bank definition

Counterparty Bank means the entity ultimately responsible for, and who if necessary will meet, the payment obligations of the Issuer.
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Counterparty Bank means the bank identified by Counterparty as part of Solidus’s onboarding procedures, or such other bank as the Parties may mutually agree.
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Counterparty Bank means a Bank or an affiliate of a Bank (but not any other bank or other financial institution that is not a “Bank” hereunder or an affiliate of a Bank) that enters into an Interest Rate Protection Agreement with any Borrower pursuant to Section 2.14.
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Examples of Counterparty Bank in a sentence

  • The deal will be as under: Counterparty Bank Mutual Fund Receives Floating rate (NSE MIBOR) Pays🡨----------------------------------------------------------------------------------Fixed rate (8.75%)Pays ------------------------------------------------------------------------------> Receives The cash flows on a notional principal amount of Rs. 10 crores would be-(R.

  • If at the time of selecting Counterparty Account, Counterparty Bank is Null, then the Counterparty Bank will also appear by default.For processing direct debits, you will also need to capture the Agreement ID of the counterparty to facilitate a cross-referencing between the Payment and the Direct Debit instruction when a reversal of Payment is carried out due to rejection of the outbound DD.

  • You can choose the appropriate one.NOTE: The country information is captured to enable Mantas to analyze the transactions for possible money laundering activities.External Counterparty DetailsSelect the Counterparty Bank from the option list provided.

  • The deal will be as under: Counterparty Bank Mutual Fund Receives Floating rate (NSE MIBOR) Pays PaysFixed rate (8.75%)> Receives The cash flows on a notional principal amount of Rs. 10 crores would be-(R.

  • We shall not be liable for any losses you incur from entering incorrect Counterparty Bank Account details.

  • The deal will be as under: Counterparty Bank Mutual Fund Receives Floating rate (NSE MIBOR) Pays🡨 PaysFixed rate (8.75%) > Receives The cash flows on a notional principal amount of Rs. 10 crores would be-(R.

  • Analyst reports and earnings models may only be reviewed to correct errors that can be corrected by referring to publicly available, historical, factual information or to correct any mathematical errors.

  • The person who prepares the questions, needs not only to prepare the correctly but also to do the same with person who is going to lead the interview.

  • The deal will be as under: Counterparty Bank Mutual Fund Receives Floating rate (NSE MIBOR) Pays🡨---------------------------------------------------------------------------------- PaysFixed rate (8.75%)------------------------------------------------------------------------------> Receives The cash flows on a notional principal amount of Rs. 10 crores would be-(R.

  • You will be informed on the Mogli eWallet, prior to confirming your request to enter into the Mogli Bank Transfer, of:  the details of the Counterparty Bank Account;  the amount and currency of money you wish to send to the Counterparty; and  the fees for the Mogli Bank Transfer (if any).


More Definitions of Counterparty Bank

Counterparty Bank means the bank of the Counterparty’s Linked Bank Account identified as part of Daenerys’ onboarding procedures, or such other bank as the Parties may mutually agree.
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Related to Counterparty Bank

  • 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.

  • Lender Counterparty means each Lender or any Affiliate of a Lender counterparty to a Hedge Agreement or Banking Service Agreement (including any Person who is a Lender (and any Affiliate thereof) as of the Closing Date but subsequently, whether before or after entering into a Hedge Agreement or Banking Service Agreement, ceases to be a Lender).

  • Counterparties means banks and/or brokers through whom the Company may cover its transactions with Clients;

  • Approved Counterparty means (a) any Lender or any Affiliate of a Lender and (b) any other Person whose long term senior unsecured debt rating is A-/A3 by S&P or Xxxxx’x (or their equivalent) or higher.

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • Financial Counterparty has the meaning given to such term in, and shall be interpreted in accordance with, 12 C.F.R. 252.81, 12 C.F.R. 382.1 and 12 C.F.R. 47.2.

  • Hedging Agreement Provider means any Person that enters into a Secured Hedging Agreement with a Credit Party or any of its Subsidiaries that is permitted by Section 6.1 to the extent such Person is a Lender, an Affiliate of a Lender or any other Person that was a Lender (or an Affiliate of a Lender) at the time it entered into the Secured Hedging Agreement but has ceased to be a Lender (or whose Affiliate has ceased to be a Lender) under the Credit Agreement.

  • central counterparty means a CCP as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;

  • BofA means Bank of America, N.A.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Counterparty Downgrade Collateral means any cash and/or securities delivered to the Issuer as collateral for the obligations of a Hedge Counterparty under a Hedge Transaction.

  • Derivative Counterparty means any party to any Derivative Agreement other than the Issuer or the Indenture Trustee.

  • Eligible Counterparty means an “Eligible Counterparty” for the purposes of the Law.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Cap Provider means the third-party financial institution approved by Lender that is the counterparty under any Cap Agreement or Replacement Cap Agreement.

  • Hedge Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Hedge Provider means Xxxxx Fargo or any of its Affiliates.

  • Swap Counterparty means Lender or an Affiliate of Lender, in its capacity as counterparty under any Swap Contract.

  • Hedge Counterparty Ratings Requirement means (a) either (i) the unsecured, short-term debt obligations of the substitute counterparty (or its Credit Support Provider) are rated at least “A-1” by S&P or (ii) if the substitute counterparty does not have a short-term rating from S&P, the unsecured, long-term senior debt obligations of the substitute counterparty (or its Credit Support Provider) are rated at least “A+” by S&P, (b) either (i) the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “A1” by Moody’s (and if rated “A1” by Moody’s, such rating is not on watch for possible downgrade to below “A1”) and the unsecured, short-term debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “P-1” by Moody’s (and if rated “P-1” by Moody’s, such rating is not on watch for possible downgrade and remaining on watch for possible downgrade), or (ii) if such substitute counterparty (or its Credit Support Provider) does not have a short-term debt rating from Moody’s, the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “Aa3” by Moody’s (and if rated “Aa3” by Moody’s, such rating is not on watch for possible downgrade to below “Aa3”), and (c) either (i) the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “A” by Fitch or (ii) the unsecured, short-term debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “F1” by Fitch. For the purpose of this definition, no direct or indirect recourse against one or more shareholders of the substitute counterparty (or against any Person in control of, or controlled by, or under common control with, any such shareholder) shall be deemed to constitute a guarantee, security or support of the obligations of the substitute counterparty.

  • Derivatives Counterparty as defined in Section 7.6.

  • Rate Hedging Agreement means an agreement, device or arrangement providing for payments which are related to fluctuations of interest rates, exchange rates or forward rates, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward rate currency or interest rate options, puts and warrants.

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Reporting Counterparty means, for purposes of Part 45 of CFTC Regulations, the Participant or Authorized Trader that is designated as such pursuant to Rule 528(b).

  • Swap Bank means (a) any Person that is a Lender or an Affiliate of a Lender at the time that it becomes a party to a Swap Contract with any Loan Party and (b) any Lender on the Restatement Date or Affiliate of such Lender that is party to a Swap Contract with any Loan Party in existence on the Restatement Date.

  • Swap Provider The swap provider under the Swap Agreement either (a) entitled to receive payments from the Supplemental Interest Trust or (b) required to make payments to the Supplemental Interest Trust, in either case pursuant to the terms of the Swap Agreement, and any successor in interest or assign. Initially, the Swap Provider shall be Deutsche Bank AG New York Branch.