Exchange Counterparty definition

Exchange Counterparty means any party with whom the Issuer or the Trustee shall, from time to time, enter into an Exchange Agreement.
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Exchange Counterparty means (a) in the case of an PTP Exchange, the Issuer and (b) in the case of an OG Exchange, the Ares Operating Group Entities, collectively.
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Exchange Counterparty means any Person with whom the Issuer shall, from time to time, enter into an Exchange Agreement.
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Examples of Exchange Counterparty in a sentence

  • The Issuer shall at all times, to the extent permitted by law, cause to be defended, enforced, preserved and protected the rights and interests of the Issuer, of the Holders and of each Exchange Counterparty under or with respect to the Purchase Agreements.

  • The Indenture Trustee shall notify the Issuer on such Business Day, if (a) the amount received from the Exchange Counterparty is not equal to the amount specified in the written notification of the Issuer, (b) no amount is received from the Exchange Counterparty or (c) the amount received is not received in freely transferable funds.

  • The Issuer, each Eligible Lender Trustee and the Indenture Trustee shall have the same responsibilities and obligations under this Article VI with respect to any Exchange Counterparty as each has with respect to the Holders, except for such responsibilities and obligations which, of necessity, apply only to the Holders of Notes.

  • The Issuer shall not consent or agree to or permit any amendment or modification of any of its rights under a Purchase Agreement which will in any manner materially adversely affect the rights or security of the Holders or of any Exchange Counterparty under this Indenture.

  • The Issuer and each Eligible Lender Trustee shall not consent, or agree to or permit any amendment or modification of any Financed Student Loan or agreement in connection therewith which will in any manner materially adversely affect the rights or security of the Holders or of any Exchange Counterparty under this Indenture or the Guarantee of such Financed Student Loans.

  • No remedy by the terms of this Indenture conferred upon or reserved to the Indenture Trustee, the Holders or an Exchange Counterparty is intended to be exclusive of any other remedy, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Indenture or existing at law or in equity or by statute on or after the date of adoption of this Indenture.

  • The covenants and agreements of the Issuer, each Eligible Lender Trustee and the Indenture Trustee contained in Article VI of the Indenture shall be applicable to, and shall be made with respect to, any Exchange Counterparty, and the Issuer, each Eligible Lender Trustee and the Indenture Trustee hereby make such covenants and agreements with any such Exchange Counterparty.

  • In connection with the execution of any Exchange Agreement, the Indenture Trustee, on behalf of the Exchange Counterparty, shall waive in the Supplemental Indenture executed in connection with the Exchange Agreement any and all rights which the Exchange Counterparty may have to receive any amounts realized by the Indenture Trustee from foreclosure upon the Trust Estate consisting of its Exchange Agreement and its Exchange Counterparty Guarantee, if any.

  • In connection with the execution of any Exchange Agreement simultaneously with the execution and delivery of this Indenture, the Indenture Trustee, on behalf of the Exchange Counterparty, hereby waives any and all rights which the Exchange Counterparty may have to receive any amounts realized by the Indenture Trustee from foreclosure upon the Trust Estate consisting of its Exchange Agreement and its Exchange Counterparty Guarantee, if any.

  • The Indenture Trustee shall, within thirty (30) days after the Indenture Trustee becomes aware of the occurrence of an Event of Default, give written notice to each Exchange Counterparty and all Holders by registered mail of all Events of Default known to the Indenture Trustee, unless such Event of Default shall have been cured before the giving of such notice.


More Definitions of Exchange Counterparty

Exchange Counterparty means the Ares Operating Group Entities, collectively.
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Exchange Counterparty. Westlake Chemical OpCo LP (hereinafter “Counterparty” or “Party”) Address 0000 Xxxx Xxx Xxxx, Xxxxxxx XX 00000 Exchange Period/Term: August 1, 2014 through August 1, 2015 and continuing year to year thereafter, unless otherwise terminated by either Party by giving written notice of termination to the other Party at least three (3) months in advance of the date of termination specified in such notice (“Term”). Westlake Delivers: Delivery Point(s) Product Quantity Differential Fees Payable by Counterparty Xxxxxxxx Storage Hub in Mt Belvieu TXOr other mutually agreeable locations from time to time Ethylene(meeting specifications of Delivery Points) Ratably, Up to 200 MM lbs. per year, or mutually agreeable 0.6 cents per pound, to be revised annually upon mutual consent by the Parties; provided that the Differential Fees shall never be lower than 0.6 cents per pound. Exchange Counterparty Delivers: Delivery Point(s) Product Quantity Differential Fees Payable by Westlake The applicable Delivery Points as set forth in that certain ethylene sales agreement among Westlake, Counterparty and several other affiliates of Westlake (the “Ethylene Sales Agreement”) Or other mutually agreeable locations from time to time Ethylene(meeting specifications in the Ethylene Sales Agreement) Ratably, Up to 200 MM lbs. per year, or mutually agreeable none
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Related to Exchange Counterparty

  • Reporting Counterparty means, for purposes of Part 45 of CFTC Regulations, the Participant or Authorized Trader that is designated as such pursuant to Rule 528(b).

  • 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.

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

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

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

  • 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.

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

  • Series Enhancer means the Person or Persons providing any Series Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Indenture Supplement for such Series) the Noteholders of any Series or Class which is subordinated to another Series or Class.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Exchange Administration Agreement means the exchange administration agreement dated as of the Closing Date between Freddie Mac and the Exchange Administrator.

  • Issuer-ICSDs Agreement means the agreement entered into between the Issuer and each of the ICSDs;

  • Non-Lead Securitization Noteholder herein shall mean the Non-Lead Securitization Subordinate Class Representative under the related Non-Lead Securitization Servicing Agreement, as and to the extent provided in the related Non-Lead Securitization Servicing Agreement and as to the identity of which the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer) has been given written notice. The Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall not be required at any time to deal with more than one party exercising the rights of a “Non-Lead Securitization Noteholder” herein or under the Servicing Agreement and, to the extent that the related Non-Lead Securitization Servicing Agreement assigns such rights to more than one party, for purposes of this Agreement, the Non-Lead Securitization Servicing Agreement shall designate one party to deal with the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) and provide written notice of such designation to the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer acting on its behalf) (such party, the “Non-Lead Securitization Noteholder Representative”); provided that, in the absence of such designation and notice, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be entitled to treat the last party as to which it has received written notice as having been designated as the Non-Lead Securitization Noteholder Representative with respect to such Non-Controlling Note for all purposes of this Agreement. Prior to Securitization of any Non-Lead Securitization Note by the Non-Lead Securitization Noteholder (including any New Notes), all notices, reports, information or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this Agreement or the Servicing Agreement by the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) only need to be delivered to each Non-Lead Securitization Noteholder Representative and, when so delivered to each Non-Lead Securitization Noteholder Representative, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder or under the Servicing Agreement. Following Securitization of any Non-Lead Securitization Notes by the Non-Lead Securitization Noteholder, all notices, reports, information or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this Agreement or the Servicing Agreement by the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be delivered to the related Non-Lead Master Servicer and the related Non-Lead Special Servicer (who then may forward such items to the party entitled to receive such items as and to the extent provided in the related Non-Lead Securitization Servicing Agreement) and, when so delivered to the related Non-Lead Master Servicer and the related Non-Lead Special Servicer, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder or under the Servicing Agreement.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.

  • Lead Securitization Noteholder means the holder of the Lead Securitization Note.

  • 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.

  • Supplemental Trust Deed means the supplemental trust deed which constitutes and secures, inter alia, the Notes, dated 3 November 2016 and made between the Lender, the Trustee and the agents named therein.

  • Non-Lead Securitization Note Holder means any holder of a Non-Lead Securitization Note.

  • Lead Securitization Note Holder means the holder of the Lead Securitization Note.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.

  • Series Enhancement means the rights and benefits provided to the Trust or the Investor Certificateholders of any Series or Class pursuant to any letter of credit, surety bond, insurance policy, cash collateral guaranty, subordinated interest in the Trust Assets, cash collateral account, collateral interest, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate swap agreement, interest rate cap agreement or other similar arrangement. The subordination of any Series or Class to another Series or Class shall be deemed to be a Series Enhancement.

  • Senior Noteholder means the Holder of any Senior Note.

  • Financial Counterparty has the meaning given to such term in, and shall be interpreted in accordance with, 12 C.F.R. 252.81, 12 C.F.R. 382.1 and 12 C.F.R. 47.2.

  • 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).

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

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