New Intermediary definition

New Intermediary has the meaning set forth in Section 8.02(e)(i).
New Intermediary has the meaning given such term in Section 11.3(c)(i) of the Agreement.

Examples of New Intermediary in a sentence

  • Daphne Keller, New Intermediary Liability Cases from the European Court of Human Rights: What Will They Mean in the Real World?, CTR.

  • If the Commonwealth and JVS fail to agree on a New Intermediary under Section 8.02(e)(i) or fail to act within 60 days of the expiration of the cure period under Section 8.02(e), then either Party may then terminate this PFS Contract by written notice to all other Parties; provided, however, that the giving of such notice or the receipt thereof shall not be a condition precedent to termination.

  • SFI and/or SFMA will promptly assign to the entity so chosen (the “New Intermediary”) all of its rights under this PFS Contract and the New Intermediary will assume all obligations of SFI and/or SFMA under this PFS Contract.

  • If a New Intermediary has not been approved by NYSDOL, USDOL (if the termination occurs during a USDOL Project) and the Investors on or before the end of the 90 Day Period, the Parties will promptly follow the procedures outlined in Schedule 1 under “Early Outcome Process” (an “Early Outcome Process”) in order to determine whether any Outcome Payment with respect to an Early Outcome Process is due.

  • Griffith, An Empirical Study of Fast-Food Franchising Contracts: Towards a New Intermediary Theory of Joint Employment, 94 Wash.

  • Within two Business Days after an appointment of a New Intermediary pursuant to Section 11.3(c)(i) or the commencement of an Early Outcome Process pursuant to Section 11.3(c)(ii), Intermediary will cause all of its employees and directors to resign as managers, directors, employees, consultants or advisors to Managing Member and will surrender any ownership interest in Managing Member.

  • In the event that a new Intermediary replaces SFI pursuant to Section 11.3(c)(i), all outstanding Service Provider agreements with SFI will be assigned to and assumed by the New Intermediary.

  • The governing documents of Managing Member will provide that, in the case of a New Intermediary, that such individuals will be replaced by individuals designated by the New Intermediary and, in the case of an Early Outcome Process, the Investors will appoint one or more managers or employees to serve in that capacity for Managing Member who shall have no relationship to SFI.

  • Upon a termination of this Agreement as to Intermediary and appointment of a New Intermediary, SFI will make available to the New Intermediary all information in its possession that is reasonably required by New Intermediary to perform as Intermediary after such appointment, subject to New Intermediary execution of separate data sharing agreements with NYSDOL and/or DOCCS as needed.

  • Under mild conditions (seee.g. Øksendal (2003), Theorem 11.2.3), it suffices to consider Markov controls, i.e.controls of the form(at−, bt−) = (a(Rt−), b(Rt−)).With a slight abuse of notation, we continue to write (at, bt) in place of (a(Rt−), b(Rt−)).Next, we give the definition of admissible Markovian control in our framework.

Related to New Intermediary

  • Intermediary means “a person who actively participates in the facilitation of the contract or negotiating the contract, including a broker, adviser, attorney, or representative of or agent for the business entity who:

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Control Account Agreement.

  • Commodity intermediary means a person that:

  • Securities Intermediary shall have the meaning given such term in Section 8-102(14) of the UCC.

  • Financial Intermediary means a financial intermediary as that term is defined in Rule 22c-2.

  • Qualified Intermediary means any Person acting as a “qualified intermediary” for BMW FS’s Like-Kind Exchange Program pursuant to Section 1.1031(k)-1(g)(4) of the Treasury Regulations promulgated under the Code.

  • Intermediary bank means a bank to which an item is transferred in course of collection except the depositary or payor bank.

  • Fiscal Intermediary means any qualified insurance company or other Person that has entered into an ongoing relationship with any Governmental Authority to make payments to payees under Medicare, Medicaid or any other federal, state or local public health care or medical assistance program pursuant to any of the Health Care Laws.

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • insurance intermediary means any natural or legal person, other than an insurance or reinsurance undertaking or their employees and other than an ancillary insurance intermediary, who, for remuneration, takes up or pursues the activity of insurance distribution;

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Financial institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Control Agent has the meaning specified in the Intercreditor Agreement.

  • Financial agent means any individual acting for and by himself or herself, or any two or more individuals acting together or cooperating in a financial way to aid or take part in the nomination or election of any candidate for public office, or to aid or promote the success or defeat of any political party at any election.

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.

  • Cash Manager means Northern Rock or such other person or persons for the time being acting, pursuant to the Cash Management Agreement, as agent for the Mortgages Trustee, Funding and (following enforcement of the Funding Security) the Security Trustee for the purposes of, inter alia, managing all cash transactions and maintaining certain ledgers on behalf of the Mortgages Trustee, Funding and (following enforcement of the Funding Security) the Security Trustee;

  • Agent means any Registrar or Paying Agent.

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • Structuring Agent means PNC Capital Markets LLC, a Pennsylvania limited liability company.

  • Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Dealer means a dealer who sold a Financed Vehicle and who originated and assigned the respective Receivable to AmeriCredit or an Originating Affiliate under a Dealer Agreement or pursuant to a Dealer Assignment.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.