Direct Member Participants definition

Direct Member Participants means the Direct Principal Member Participants, the Direct Agent Member Participants and any person who has agreed in writing with BondEvalue to be a direct member participant;
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Examples of Direct Member Participants in a sentence

  • Upon the occurrence of any event permitting the exercise of any option by a holder of the Underlying Bonds (the “Underlying Bond Put Option”), BondEvalue shall convene a meeting of, or seek instructions from, the Direct Member Participants to consider whether BondEvalue should exercise any such Underlying Bond Put Option.

  • At least five days’ notice of such meeting shall be given to the Direct Member Participants and Direct Member Participants shall bear all costs and expenses relating to such meeting.

  • Direct Member Participants shall represent their respective Member Participant Clients (as defined in the Rulebook) which have a beneficial interest in the BondbloX held by such Direct Member Participants.BondEvalue shall follow the instructions from Direct Member Participants holding or representing a clear majority in principal amount of the BondbloX for the time being outstanding.Each Direct Member Participant has one vote in respect of each integral unit of the BondbloX held or represented by it.

  • Direct Member Participants shall represent their respective Member Participant Clients (as defined in the Rulebook) which have a beneficial interest in the BondbloX held by such Direct Member Participants.BondEvalue shall follow the instructions from the Direct Member Participants holding or representing a clear majority in principal amount of the BondbloX for the time being outstanding.Each Direct Member Participant has one vote in respect of each integral unit of the BondbloX held or represented by it.

  • At least five days’ notice of such meeting shall be given to the Direct Member Participants and Direct Member Participants shall bear all costs and expenses relating to and in connection with suchmeeting.

  • Each Underlying Bond of a particular series delivered to BondEvalue is subject to the bare trust in favour of the Direct Member Participants which includes Holders as described in the Deed Poll.[The Underlying Bonds are perpetual subordinated securities which include features such as the ability to cancel distributions, no fixed maturity or fixed redemption dates and write down and/or conversion into shares upon the occurrence of certain events.]Underlying Bonds BondbloX 1 Issuer: [●] Bondevalue Pte.

  • At least five days’ notice of such meeting shall be given to the Direct Member Participants and Direct Member Participants shall bear all costs and expenses relating to and in connection with such meeting.

  • Upon the occurrence of any event permitting the exercise of any option by a holder of the Underlying Bonds (the “Underlying Bond Put Option”), BondEvalue shall convene a meeting of, or seek instructions from, the Direct Member Participants to consider whether BondEvalue should exercise any such Underlying BondPut Option.

Related to Direct Member Participants

  • Subject Member means an elected member or co-opted member of the County Council against whom a complaint has been made alleging a breach the Code of Conduct.

  • Unit Member means any certificated employee of the district who is included in the appropriate unit as defined in Article 2 and therefore covered by the terms and provisions of this Agreement.

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Management Members shall have the meaning set forth in the introductory paragraph of this Agreement.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Management Member means any Member that is an employee of the Company or any of its Subsidiaries.

  • Book Entry Participants means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Participants is defined in Section 12.2.1.

  • Bargaining Unit Member or “employee” means a University employee who is included in the bargaining unit as defined in Article 2: “Recognition and Scope”.

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Study Participant means a person recruited to participate in the Study.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

  • Participant has the meaning specified in Section 10.06(d).

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Agent Members has the meaning provided in Section 2.07(a).

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.