Customer Risk definition

Customer Risk means the risk for obliged parties to be abused due to the business field of the customer allowing intensive cash flow, purchasing of valuable goods or international fund transfers to be carried out easily; and due to the acts of customer or those acting on behalf or for the benefit of the customer for money laundering or terrorist financing purposes;
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Customer Risk means any change with respect to any of the customers of the Companies or the relationship between any of such customers and all or any of the Companies for any reason including, without limitation, the announcement of the execution and delivery hereof, but excluding any changes arising from (i) any material failure of any Company to comply with the material terms of any applicable agreement with any of the Top Customers or to supply any such Top Customers, in all material respects, with products or services in the same manner and of the same type as have been provided by the Companies during the twelve month period prior to the date hereof, and (ii) any plans or intentions (including changes in specifications, anticipated purchasing levels, or contractual arrangements) communicated in writing by a Top Customer to any Company during the twelve month period prior to the date hereof, or of which there otherwise is Seller’s Knowledge, other than such plans or intentions as may have already been reflected in the terms of a Top Customer Contract.
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Examples of Customer Risk in a sentence

  • In accordance with the principle of risk matching, the corresponding relation between Party A’s risk tolerance level and the risk rating of Products have been established and set out in the below table: 客户风险评级 CRR (Customer Risk Rating) 描述 Descriptions 适合产品风险评级 PRR (Risk Rating of Appropriate Product) 1-低风险 Low risk 预期对短期投资保本。包括与利 率、股权、指数和外汇等标的挂钩的保本结构性投资。 Expect protection on the principal investment and with short-term investment objective.

  • Customer Risk Tolerance Assessment 结构性存款产品的投资风险会因产品的具体特征而有所不同，银行会根据每一款结构性存款产品的具体特征分别对其进行风险评级，并在相关结构性存款产品的销售文件中载明。 Investment risks of structured deposit products may vary depending on the specific characteristics of the Product.

  • In accordance with the principle of risk matching, the corresponding relation between Party A’s risk tolerance level and the risk rating of Products have been established and set out in the below table: 客户风险承受能力评级 CRR (Customer Risk Tolerance Assessment) 描述 Descriptions 适合产品风险评级 PRR (Risk Rating of Appropriate Product) 1-低风险 Low risk 预期对短期投资保本。包括与利率、股权、指数和外汇等标的挂钩的保本结构性投资。 Expect protection on the principal investment and with short-term investment objective.

  • In accordance with the principle of risk matching, the corresponding relation between Party A’s risk tolerance level and the risk rating of Products have been established and set out in the below table: 客户风险承受能力评级 CRR (Customer Risk Tolerance Assessment) 描述 Descriptions 适合产品风险评级 PRR (Risk Rating of Appropriate Product) 1-低风险 Low risk 预期对短期投资保本。包括与利 率、股权、指数和外汇等标的挂钩的保本结构性投资。 Expect protection on the principal investment and with short-term investment objective.

  • The implementation of the abovementioned models was done along with the customers risk grading framework, known as Customer Risk Rating (CRR), which contemplates 23 levels, of which 2 are for customers in default.

  • As the Energy Division report points out, the electric utilities operate under Customer Risk Tolerance guidelines that strongly encourage appropriate forward hedging arrangements.

  • Depending on their risk appetite, each company should consider modifying their own Customer Risk Management procedures as appropriate.

  • Continuously perform and update Customer Risk Management, from the approval of transactions until the end of business relations.

  • The utilities should be encouraged to use these tools prudently, guided by the Customer Risk Tolerance and market signals to reduce costs.

  • Further, the Commission seeks comment on potential operational costs and Risk Costs for all models other than the Futures Model, especially with respect to (i) the extent to which such costs could be offset against the costs that swaps customers currently incur to obtain individual collateral protection, and (ii) the extent to which such costs may correspond to the implicit costs that customers may bear due to Fellow- Customer Risk.

Related to Customer Risk

  • Customer User means an employee of Customer, a Customer Affiliate or Business Partner.

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • Customer Systems means the Customer's information technology infrastructure, including computers, software, hardware, databases, electronic systems (including database management systems), and networks, whether operated by Customer or through the use of third-party services.

  • Customer Site means the site owned or leased by the Customer or any other site used to provide the Service, which is directly connected to a PoP managed by Liquid Telecom, as set out in the COF;

  • Merchant Network Upgrades means additions to, or modifications or replacements of, physical facilities of the Interconnected Transmission Owner that, on the date of the pertinent Transmission Interconnection Customer’s Upgrade Request, are part of the Transmission System or are included in the Regional Transmission Expansion Plan. Merchant Transmission Facilities:

  • Carrier Access Billing System (“CABS”) is the system which is defined in a document prepared under the direction of the Billing Committee of the OBF. The CABS document is published by Telcordia in Volumes 1, 1A, 2, 3, 3A, 4 and 5 as Special Reports SR-OPT-001868, SR-OPT-0011869, SR-OPT-001871, SR-OPT- 001872, SR-OPT-001873, SR-OPT-001874, and SR-OPT-001875, respectively, and contains the recommended guidelines for the billing of access and other connectivity services. Sprint’s carrier access billing system is its Carrier Access Support System (CASS). CASS mirrors the requirements of CABS.

  • Customer Portal means a web portal maintained by Liferay or a Liferay Affiliate that provides for various resources accessible to Liferay Subscription customers as further described in Section 2.1 below.

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

  • Customer Environment means Customer’s data network/equipment and premises environment.

  • Customer-generator means a user of a net metering system.

  • Customer Software means software which is owned by or licensed to the Customer;

  • Customer Proprietary Network Information (“CPNI”) is as defined in the Act.

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.

  • Customer Usage Data means the Telecommunications Services usage data of a CLEC End User measured in minutes, sub-minute increments, message units, or otherwise, that is recorded by SBC-13STATE and forwarded to CLEC.

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • Customer Content means all software, data (including personal data), information, text, images, audio, video, photographs, non-AVEVA or third-party applications, and other content and material, in any format, provided by Customer, any of Customer’s users, or on behalf of Customer that is stored in, or run on or through, the Products and Support Services.

  • Contractor Software means software which is proprietary to the Contractor, including software which is or will be used by the Contractor for the purposes of providing the Services.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Vendor Data means any and all information, data and documentation to be provided by Subcontractor and any of its lower-tier Subcontractors under this Subcontract.

  • Customer Facility means Generation Facilities or Merchant Transmission Facilities interconnected with or added to the Transmission System pursuant to an Interconnection Request under Subpart A of Tariff, Part IV. Customer Interconnection Facilities:

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III. Network External Designated Transmission Service:

  • system user means a natural or legal person supplying to, or being supplied by, a transmission or distribution system;