Designated Counterparty definition

Designated Counterparty shall have the meaning assigned in the Guarantee. In the case of Party B, the Auction Administration Agreement, dated as of August 23, 2001 (the "Auction Administration Agreement") between Party A and Party B, as Auction Administrator.
Sample 1Sample 2
Designated Counterparty means a person who is incorporated, formed or established under the laws of a designated jurisdiction; and
Sample 1Sample 2
Designated Counterparty means (a) any Lender (or Arranger) or an Affiliate of any Lender (or Arranger) that is a party to any Hedge Agreement or Secured Cash Management Agreement and (b) any party that was a Lender (or an Arranger) or an Affiliate of any Lender (or Arranger) at the time such Hedge Agreement or Secured Cash Management Agreement was entered into.
Sample 1

Examples of Designated Counterparty in a sentence

  • Enforcement of the security on the request or direction of some of the Instrumentholders or on the direction of the Designated Counterparty may not be in the best interests of some or all of the Instrumentholders.

  • We note that the reflexivity axiom is a brutal restriction: it rules out all but those presheaves whose lo- cal sections are necessarily global, and fuzzy sets that are essentially crisp.

  • If the Designated Counterparty determines that such Proposed Exercise of Rights relates to a Counterparty Reserved Matter, then the Designated Counterparty may, within 5 Business Days of being notified by the Issuer of such Proposed Exercise of Rights, provide a Counterparty Reserved Matter Veto Notice to the Issuer (with a copy to the Trustee and the Calculation Agent).

  • The Trustee will be required to enforce the security if requested by the holders of at least one-fifth of the aggregate principal amount of the Instruments, if directed by an Extraordinary Resolution or if directed by the Designated Counterparty, in each case subject to the Trustee being indemnified and/or secured and/or prefunded to its satisfaction.

  • Notwithstanding the above, the Issuer may, without the prior written consent or instruction of the Trustee or an Extraordinary Resolution, proceed with a Proposed Exercise of Rights if required to do so in accordance with the remainder of this Clause 5.7.1. The Issuer shall use reasonable endeavours to give the Designated Counterparty not less than 5 Business Days’ notice of any Proposed Exercise of Rights and shall notify the Designated Counterparty of the Proposed Exercise of Rights Cut-off Date.

  • These restrictions apply for so long as any Instrument remains outstanding, unless the prior consent in writing of the Trustee (which the Trustee may give if it is of the opinion that to give such consent would not be materially prejudicial to the interests of Instrumentholders) and the Designated Counterparty has been given, and except as provided for or contemplated in the Terms and Conditions or any Transaction Document.

  • The Issuer shall use reasonable endeavours to give the Designated Counterparty not less than five Business Days’ notice (with a copy to the Trustee, the Calculation Agent and each Counterparty) of any proposal or request to the Issuer for the Issuer to exercise any rights with respect to the Mortgaged Property (a “Proposed Exercise of Rights”) and shall notify the Designated Counterparty of the date by which the Issuer is entitled to exercise its rights (the “Proposed Exercise of Rights Cut- off Date”).

  • The Issuer shall use reasonable endeavours to give the Designated Counterparty not less than five Business Days’ notice (with a copy to the Trustee, the Calculation Agent and each Counterparty) of any proposal or request to the Issuer for the Issuer to exercise any rights with respect to the Mortgaged Property (a “Proposed Exercise of Rights”) and shall notify the Designated Counterparty of the date by which the Issuer is entitled to exercise its rights (the “Proposed Exercise of Rights Cut-off Date”).

  • If the Clearing Broker acting on behalf of the Affiliated Customer and the Designated Counterparty are the same entity, for the purpose of the Rules, the Clearing Broker acting in the capacity of the Designated Counterparty shall be deemed as a separate Clearing Participant.

  • The National Police Commission’s long-term effectiveness is threatened by the lack of a strong constituency supporting its independence and by the fact that it has failed to improve police accountability.


More Definitions of Designated Counterparty

Designated Counterparty has the meaning set forth in Section 1.1(c) of the Company Disclosure Schedules.
Sample 1
Designated Counterparty means (i) any Person that is a Lender, an Arranger, the Administrative Agent or an Affiliate of a Lender, an Arranger or the Administrative Agent at the time the applicable Swap Contract or Cash Management Agreement was entered into and (ii) any Person designated in writing by the Borrower to the Administrative Agent as a Designated Counterparty from time to time.
Sample 1
Designated Counterparty means (i) any Person that is a Lender, an Arranger, the Administrative Agent or an Affiliate of a Lender, an Arranger or the Administrative Agent at the time the applicable Swap Contract or Cash Management Agreement was entered into and (ii) any Person designated in writing by the Borrower to the Administrative Agent as a Designated Counterparty from time to time. “Designated Jurisdiction” means any country or territory to the extent that such country or territory itself is, or its government is, the subject or target of any Sanction. “Disqualified Stock” means any capital stock that, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder thereof, in whole or in part, on or prior to the date that is 91 days after the Termination Date. “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any Sale and Leaseback Transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith. “Dollar” and “$” mean lawful money of the United States. “EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a Subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. “EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. “EEA Resolution Authority” means any public administrative authority or any Person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. “Effective Date” means October 28, 2020. “Eligible Assignee” means any Person that meets the requirements to be an assignee under Section 11.06(b)(iv), (v) and (vi) (subject to such consents, if any, as may be required under Section 11...
Sample 1
Designated Counterparty means any Person that (x) with respect to any Hedge Agreement or Cash Management Agreement that is in effect on the Closing Date, as of the Closing Date is, and (y) with respect to any Hedge Agreement or Cash Management Agreement that is entered into after the Closing Date, at the time the applicable Hedge Agreement or Cash Management Agreement was entered into is, in each case, a Lender, an Arranger or the Administrative Agent or an Affiliate of a Lender, an Arranger or the Administrative Agent.
Sample 1

Related to Designated Counterparty

  • 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.

  • Qualified Counterparty with respect to any Specified Hedge Agreement, any counterparty thereto that, at the time such Specified Hedge Agreement was entered into, was a Lender or an affiliate of a Lender.

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

  • Designated country means any of the following countries:

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

  • 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.

  • 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.

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

  • 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).

  • 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.

  • Affected county means a county of 3,000,000 or more

  • Restricted Country means a country, territory or jurisdiction outside of the European Economic Area which the EU Commission has not deemed to provide adequate protection in accordance with Article 25(6) of the DP Directive and/ or Article 45(1) of the GDPR (as applicable);

  • Nondesignated country means a country other than the United States or a designated country. "Recovery Act designated country" means any of the following countries:

  • Specified Country means each country listed on Schedule II attached hereto and each country, other than the United States, constituting the primary market for a security with respect to which the Funds has given settlement instructions to The Bank of New York as custodian (the “Custodian”) under its Custody Agreement with the Funds.

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

  • Designated Hedge Agreement means any Hedge Agreement (other than a Commodities Hedge Agreement) to which the Borrower or any Subsidiary is a party and as to which, at the time such Hedge Agreement is entered into, a Lender or any of its Affiliates is a counterparty.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

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

  • Bank Products Provider means any Lender or Affiliate of a Lender that provides Bank Products to the Borrower or any other Loan Party.