Designated Market definition

Designated Market means, with respect to any LIBOR Advance, the London interbank LIBOR market or such other interbank LIBOR market as may be designated in writing from time to time by the Requisite Lenders.
Designated Market has the meaning ascribed thereto in Subsection 17.6(k) hereof;
Designated Market means, with respect to any LIBOR Rate Loan, the London interbank LIBOR market or such other interbank LIBOR market as may be designated in writing from time to time by the Agent.

Examples of Designated Market in a sentence

  • After this 60-day period, that added market will be deemed to be a Designated Market for the purposes of the Trust Agreement.

  • A Designated Market is a market where the risks of engaging a sub-custodian are significantly greater than they would be in more established markets.

  • The Manager agrees that it will have 60 days from the date of any such notice to raise concerns regarding any new Designated Market which is added to the list.

  • A Designated Market is a market where the risks of engaging a subcustodian or Agent are significantly greater than they would be in more established markets.

  • However, where the Trustee engages a sub-custodian in a Designated Market, the Manager hereby acknowledges and agrees that the Trustee will not be responsible for the negligence or wrongful acts of such sub-custodians and that such negligence or wrongful acts will not be considered to be a breach by the Trustee of its standard of care or negligence for the purposes of this Trust Agreement.


More Definitions of Designated Market

Designated Market means, with respect to any LIBOR Loan, (a) the London Eurodollar Market, (b) if prime banks in the London Eurodollar Market are at the relevant time not accepting deposits of Dollars or if the Administrative Agent determines in good faith that the London Eurodollar Market does not represent at the relevant time the effective pricing to the Lenders for deposits of Dollars in the London Eurodollar Market, the Cayman Islands Eurodollar Market or (c) if prime banks in the Cayman Islands Eurodollar Market are at the relevant time not accepting deposits of Dollars or if the Administrative Agent determines in good faith that the Cayman Islands Eurodollar Market does not represent at the relevant time the effective pricing to the Lenders for deposits of Dollars in the Cayman Islands Eurodollar Market, such other Eurodollar Market as may from time to time be selected by the Administrative Agent with the approval of Borrower, the Co-Borrowers and the Requisite Lenders. The Administrative Agent will endeavor to provide prompt notice to Borrower and the Co-Borrowers of any change in the location of the Designated Market.
Designated Market means, for any LIBOR Loan, the London Eurodollar Market, provided that if the Administrative Agent determines that the London Eurodollar Market is unavailable or reasonably inconvenient, “Designated Market” means such other offshore market for deposits in dollars as the Administrative Agent may reasonably designate.
Designated Market means a state or market area with respect to which the Parties have agreed this Agreement shall apply, as listed in Exhibit A, or subsequently added to this Agreement by execution of an Adoption Agreement, pursuant to Section IV.D.
Designated Market has the meaning ascribed thereto in Subsection 17.6(k) hereof; (z) “Disclosure Documents” means any (final) prospectus of the Trust filed in all provinces and territories of Canada and any registration statement of the Trust filed with the United States Securities and Exchange Commission, or similar offering documents as may be used by the Manager or required by applicable Securities Legislation in connection with qualifying the distribution of the Units to the public, including any amendments to such
Designated Market means enterprise Customers which Software Owner has approved for sale by Client.
Designated Market means a market for the time being listed in Schedule 1 for a particular class or classes of dairy product in a particular jurisdiction or geographic area:
Designated Market means, for any Loan, the London Eurodollar Market, PROVIDED that if the Administrative Agent determines that the London Eurodollar Market is unavailable or reasonably inconvenient, "Designated Market" means such other offshore market for deposits in dollars as the Administrative Agent may reasonably designate.