Local Operating Unit definition

Local Operating Unit or “LOU” means the London Stock Exchange, or any successor body responsible for assigning and maintaining LEIs in the UK.
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Local Operating Unit or "LOU" or “pre-LOU” means the individual entities in each jurisdiction designated as being the competent authority to issue LEIs in that jurisdiction, and in Qatar being Qatar Credit Bureau ("Qatar Credit Bureau") Qatar Credit Bureau, having been designated as such by the Qatar Central Bank;
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Local Operating Unit or “LOU” means one or more local operating units, which have entered into a framework agreement with GLEIF and have been accredited by GLEIF to accept applications
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Examples of Local Operating Unit in a sentence

  • We are proposing to introduce changes through our new technical standards on Standards, Formats, Frequency and Methods and Arrangements for Reporting to require counterparties to renew and maintain their LEIs according to the terms of their chosen Local Operating Unit (LOU) under the Global Legal Entity Identifier System (GLEIS).

  • The applicant may request to transfer its LEI from Strate to another Local Operating Unit, at no cost.

  • The LEI is registered by Strate (Pty) Ltd as a Local Operating Unit (“Strate”) in terms of guidelines issued by the Global Legal Identifier Foundation (“GLEIF”).

  • The applicant acknowledges that GLEIF reserves the right to transfer the applicant’s LEI information to another Local Operating Unit under certain circumstances.

  • Strate’s status as a Local Operating Unit, or the Master Agreement between Strate and GLEIF, be terminated by GLEIF.

  • CCIL through its subsidiary Legal Entity Identifiers India Limited is the Local Operating Unit (LOU) for issuing globally compatible Legal Entity Identifiers (LEIs) in the Indian financial market.

  • For the counterparty's use of the LEI system to be effective, that counterparty should ensure that the reference data related to its LEI are renewed in accordance with the terms of an accredited LEI issuer (Local Operating Unit).

  • CONCILIATION:8.1 Meaning and Definition 8.2 Appointment of conciliators 8.3Powers and functions of conciliators 8.4 Conciliation agreements 8.5 Conciliation Proceedings 8.6 Enforceability9.

  • It is the Local Operating Unit (LOU) for the issuance, maintenance and provision of Legal Entity Identifier (LEI) services in India.

  • Strate is currently in the process to be accredited as a Local Operating Unit (LOU) by the Global Legal Entity Identifier Foundation (GLEIF).

Related to Local Operating Unit

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • School operating taxes means local ad valorem property taxes levied under section 1211 of the revised school code, MCL 380.1211, and retained for school operating purposes.

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.

  • Living unit means a room, apartment, cottage, or other area within a facility set aside for the exclusive use or control of one or more identified residents.

  • Project Management Unit or “PMU” means the Recipient’s management and Implementation unit referred to in Section I.A.2 of Schedule 2 to this Agreement.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Housing Unit is either a Presold Unit, a Spec Unit or a Model Unit.

  • Cogeneration unit means a unit that has equipment used to produce electric energy and forms of useful thermal energy (such as heat or steam) for industrial, commercial, heating or cooling purposes, through the sequential use of energy.