Lending Representative definition

Lending Representative. A Trading Clearing Participant, Non Trading Clearing Participant or such other category of persons prescribed by the Clearing House to be eligible to apply to become a Lending Representative, who has been approved by the Clearing House to perform certain functions with respect to lending of Securities by the Approved SBLNT Lender.
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Lending Representative means aA Trading Clearing Participant, Non Trading Clearing
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Examples of Lending Representative in a sentence

  • Major Vandalism or Theft (public or private property, including athletic equipment)First Offense: Five (5) day school suspension and placed on a behavior contract.

  • Approved SBLNT Lender to instruct its Lending Representative to Accept the Loan Return.

  • Updated the SLB model by introducing Lending Representative and Borrowing Representative whose roles are only to submit SLB loan instructions.iii.

  • Approved SBLNT Lender will have to instruct the Lending Representative to Accept the Borrowing Request.

  • Where a Lender recalls a loan from the Borrower, the Lender will do so outside the SLB operations procedures by communicating with the Borrower and with the Lender’s Lending Representative (LR) directly.

  • I/We hereby agree to act as the *Lending Representative / Borrowing Representative / both Lending Representative and Borrowing Representative to carry out SBLNT for the *Approved SBLNT Lender / Approved SBLNT Borrower as stated in item 1 above.

  • This is a once-off process by the investor going through a Lending Representative [LR] or an LA if the Lender uses a Member for lending.

  • Upon successful acceptance of the borrowing request by the Lending Representative, securities transfer will be immediate from the Approved SBLNT Lender’s depository account to Approved SBLNT Borrower’s depository account.

  • Without prejudice to the power conferred on the Clearing House in Rule 2A.2 pertaining to the conduct of inspection on a Clearing Participant, the Clearing House may, at any time and/or from time to time prior to or after the receipt of the prescribed declaration in Appendix 1, undertake any inspection and/or audit on the Clearing Participant seeking approval to act as a Lending Representative in the manner determined by the Clearing House.

  • The Clearing House may, by notice given to the Clearing Participant from time to time, amend, vary or modify the functions and responsibilities of the Clearing Participant as a Lending Representative in relation to the SBL Negotiated Transactions.

Related to Lending Representative

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Designated Representatives means the Subordination Agent Representatives, the Trustee Representatives and the Provider Representatives identified under Section 2.5.

  • Designated Representative has the meaning set forth in Section 6(j)(v) of this Agreement.

  • Licensing representative means a person authorized by the Department under Section 5 of the Child Care Act of 1969 to examine facilities for licensure.

  • Advisory representative means any Supervised Person, who in connection with his or her regular functions or duties, normally makes, participates in, or otherwise obtains current information regarding the Purchase or Sale of a Security by the Firm, or whose functions relate to the making of any recommendations with respect to such purchases or sales, and any natural Person in a Control relationship to the Firm who obtains information concerning recommendations made concerning a Purchase or Sale of a Security. This definition includes but is not limited to the following: partner, officer, Manager, investment person, Portfolio Manager and any other Supervised Person of the Firm designated as an “Advisory Representative” from time to time by the Review Officer.

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Union Representative means a representative from the Union authorized by the Union to act on behalf of an Employee.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Appointed Representative has the meaning set forth in Section 10.1.

  • Representative means, with respect to any Person, any and all directors, officers, employees, consultants, financial advisors, counsel, accountants and other agents of such Person.

  • Nominated Representative means, in respect of each party, the person whose details are set out in the Special Conditions (if any).

  • Association Representative A member of the Association, who has been designated as a representative by the Association or a staff person of the Association.

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Collateral Representative (i) in respect of the ABL/Term Loan Intercreditor Agreement, the ABL Collateral Representative (as defined therein) and the Term Loan Collateral Representative (as defined therein), (ii) if any Junior Lien Intercreditor Agreement is then in effect, the Senior Priority Representative (as defined therein) and (iii) if any Other Intercreditor Agreement is then in effect, the Person acting as representative for the Collateral Agent and the Secured Parties thereunder for the applicable purpose contemplated by this Agreement and the Guarantee and Collateral Agreement.

  • Qualified representative means a person who holds a position with a business organization, who is authorized to act on behalf of the business organization, and who is one of the following:

  • Agency Representative A person assigned by a primary, assisting, or cooperating federal, state, local, or tribal government agency or private entity that has been delegated authority to make decisions affecting that agency’s or organization’s participation in incident management activities following appropriate consultation with the leadership of that agency. Area: The lands in a described geographic area that are managed and/or protected by the Parties within this Agreement.

  • Bargaining representative means a labor organization recognized by an employer or certified by the commission as the sole and exclusive bargaining representative of certain employees of the employer.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Supplier Representative means the representative appointed by the Supplier from time to time in relation to this Framework Agreement;

  • Independent representative means a person who:

  • Factory representative means an agent or employee of a manufacturer, distributor, or factory branch retained or employed for the purpose of making or promoting the sale of new motor vehicles or for supervising or contracting with new motor vehicle dealers or proposed motor vehicle dealers.

  • Lead Securitization Note Holder Representative means the “Directing Certificateholder” or equivalent Person under the Lead Securitization Servicing Agreement.

  • public representative means an individual who is not a member, former member, student or former student of any accounting body;

  • Non-Lead Securitization Note Holder Representative means the “Directing Certificateholder” or equivalent Person under the Non-Lead Securitization Servicing Agreement.

  • Authorized Representatives means any officers or employees of the Borrower designated by the Borrower for purposes of giving and receiving notices hereunder, requesting and repaying Loans, agreeing to rates of interest and otherwise transacting business with the Agent and the Banks hereunder.