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Eligible Broker definition

Eligible Broker as defined in the definition of “Eligible Net Liquidity in Futures Accounts” in this Section 1.1.
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Eligible Broker means any broker approved in writing by Agent and all the Banks.
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Eligible Broker means Newedge Broker Ltd., BNP Paribas, or Fortis, or any Affiliate of BNP Paribas, Fortis or Société Générale, or any broker approved in writing by the Agents and the Banks.
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Examples of Eligible Broker in a sentence

  • The arithmetic average of the Eligible Broker Quotes obtained for each NYMEX ▇▇▇▇▇ Hub Gas Price for each month (or year or Swap Spread-Derived Price) shall be the NYMEX ▇▇▇▇▇ Hub Gas Price for such month (or year or Swap Spread-Derived Price) for purposes of calculating the NYMEX Final Price.

  • If neither Published Values nor Eligible Broker Quotes are available to determine the NYMEX ▇▇▇▇▇ Hub Gas Price for any month in the Calculation Period, ProGas shall calculate the arithmetic average percentage change in the Visible Market for each of the NYMEX ▇▇▇▇▇ Hub Gas Prices for all of the months during the Calculation Period for which Visible Market values for NYMEX ▇▇▇▇▇ Hub Gas Prices are available (the "Deviation Percentage").

  • All Broker Quotes obtained pursuant to this section shall be averaged, and Broker Quotes for any given NYMEX ▇▇▇▇▇ Hub Gas Price (or Swap Spread-Derived Price) that are no greater than 105%, and no less than 95%, of the average of the Broker Quotes obtained for such NYMEX ▇▇▇▇▇ Hub Gas Price (or Swap Spread-Derived Price) shall be "Eligible Broker Quotes" and all other Broker Quotes shall be disregarded for the purposes of this section.

  • The arithmetic average of the Eligible Broker Quotes obtained for each NYMEX ▇▇▇▇▇ Hub Gas Price for each year shall be the NYMEX ▇▇▇▇▇ Hub Gas Price for such year for purposes of calculating the NYMEX Final Price.

  • All Broker Quotes obtained pursuant to this section shall be averaged, and Broker Quotes for any given NYMEX ▇▇▇▇▇ Hub Gas Price for any given year that are no greater than 105%, and no less than 95%, of the average of the Broker Quotes obtained for such NYMEX ▇▇▇▇▇ Hub Gas Price for such year or partial year shall be "Eligible Broker Quotes" and all other Broker Quotes shall be disregarded for the purposes of this section.

  • If neither Published Values nor Eligible Broker Quotes are available to determine the NYMEX ▇▇▇▇▇ Hub Gas Price for any calendar year in the Calculation Period, ProGas shall calculate the arithmetic average percentage change in the Visible Market for each of the NYMEX ▇▇▇▇▇ Hub Gas Prices for all of the years during the Calculation Period for which Visible Market values for NYMEX ▇▇▇▇▇ Hub Gas Prices are available (the "Deviation Percentage").


More Definitions of Eligible Broker

Eligible Broker means, with respect to hedging accounts and transactions, Newedge USA, LLC and any other broker reasonably acceptable to the Agent.
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Eligible Broker means, with respect to hedging accounts and transactions, SG Americas Securities, LLC and any other broker reasonably acceptable to the Agent.
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Eligible Broker means BNP Paribas, FIMAT USA, Inc. or any Affiliate of BNP Paribas or FIMAT USA, Inc., or any broker approved in writing by the Agents and the Banks.
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Eligible Broker as defined in the definition of “Eligible Net Liquidity in Futures Accounts” in this Section 1.1. “Eligible Cash and Cash Equivalents”: as of any date and with respect to any Loan Party, currency consisting of United States Dollars, Canadian Dollars or Cash Equivalents, in each case, which (i) has been deposited in a Deposit Account or a Securities Account of such Loan Party with a Cash Management Bank that is subject to an Account Control Agreement, (ii) is subject to a Perfected First Lien, (iii) is subject to no other Liens other than Permitted Cash Management Liens and (iv) does not constitute Cash Collateral. “Eligible Commodities”: collectively, Natural Gas Products, Petroleum Products and asphalt. “Eligible Exchange Receivable”: an Exchange Receivable of any Loan Party that would be an Eligible Account Receivable but for the fact that the consideration to be received by such Loan Party consists in whole or in part of the delivery of Eligible Commodities; provided, however, that the value of an Eligible Exchange Receivable shall be the Value as of any date of the Eligible Commodities required to be delivered to such Loan Party. “Eligible Foreign Counterparty”: with respect to any Loan Party, an Account Debtor that is incorporated in, or primarily conducts business in, any jurisdiction outside the United States or Canada, and (A) is set forth on Schedule 1.1(C) or (B) has been approved by the Required Lenders, in their sole discretion, from time to time after the RestatementThird Amendment Effective Date in accordance with the following procedure: (x) the U.S. Borrower shall deliver a written request to the Administrative Agent for such approval by the Required Lenders of such counterparty and credit exposure, which request shall be provided by the Administrative Agent to the Lenders, including, if requested by a Lender, through posting on Intralinks or other web site in use to distribute information to the Lenders, or by other electronic mail, or other notice procedure permitted under Section 11.2; and (y) the Required Lenders shall inform the Administrative Agent of such approval in writing (by electronic communication, telecopy or facsimile) within five (5) Business Days after receipt of notice from the Administrative Agent; provided that failure of a Lender to respond to any request for approval within the time period provided for hereby shall be deemed to be an acceptance of such counterparty as an Eligible Foreign Counterparty by such Lender; pr...
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Eligible Broker as defined in the definition of “Eligible Net Liquidity in Futures Accounts” in this Section 1.1. “Eligible Cash and Cash Equivalents”: as of any Borrowing Base Date, currency consisting of United States Dollars, Canadian Dollars or Cash Equivalents, in each case, which (i) has been deposited in a Deposit Account or a Securities Account with a Cash Management Bank that is subject to an Account Control Agreement, (ii) is subject to a Perfected First Lien, and (iii) is subject to no
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Related to Eligible Broker

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.

  • Participating Broker- Dealer: See Section 2(b) hereof. Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company, trust, unincorporated association, union, business association, firm or other legal entity. Private Exchange: See Section 2(b) hereof.

  • Approved Broker means each of Arrow Research Ltd. of London, England, Astrup Fearnley A/S of Oslo, Norway, ▇. ▇▇▇▇▇▇▇▇ & Company Ltd. of London, England, Maersk Broker K/S of Copenhagen, Denmark, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & Young Ltd. of London, England, ▇.▇. ▇▇▇▇▇▇ Shipbrokers of Oslo, Norway and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Salles of Paris, France and includes their respective successors in title and “Approved Brokers” means any or all of them;

  • Associate broker means a licensed broker who is employed by

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