Permitted Counterparty definition

Permitted Counterparty means a client who, in AFEX’s sole discretion, has met the requirements for entering into an Option Contract with AFEX, which requirements may be changed, from time to time, by AFEX in its sole discretion.

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Permitted Counterparty means a nationally recognized financial institution that enters into one or more swap, hedging or other derivative arrangements with one or more Purchasers in connection with a bona fide financing of the purchase of the Notes.

Permitted Counterparty means a client who, in Corpay’s sole discretion, has met the requirements for entering into an Option Contract with Corpay, which requirements may be changed, from time to time, by Corpay in its sole discretion.

Examples of Permitted Counterparty in a sentence

Client may authorize AFEX to enter into an Option Contract so long as AFEX has determined Client to be a Permitted Counterparty.
Corpay may require Client to provide certain documentation, including, without limitation, audited financial statements and/or certifications, in order to reach a determination on Client’s status as a Permitted Counterparty.
Client may authorise Corpay to enter into an Option Contract so long as Corpay has determined Client to be a Permitted Counterparty.
AFEX may require Client to provide certain documentation, including without limitation, audited financial statements and certifications, in order to reach a determination on Client’s status as a Permitted Counterparty.
If Lender receives or is credited with any payment, benefit or value from or on behalf of Permitted Counterparty in respect of rights to which ▇.▇.

More Definitions of Permitted Counterparty

Permitted Counterparty means any counterparty to a Secured Hedging Contract that (a) (i) at the time such Person entered into such Secured Hedging Contract, was the Administrative Agent, a Lender, or an Affiliate of the Administrative Agent or a Lender and (ii) is designated by the Borrower to the Administrative Agent as a "Permitted Counterparty", or (b) (i) is reasonably acceptable to the Administrative Agent, (ii) is designated by the Borrower to the Administrative Agent as a "Permitted Counterparty" and (iii) has executed and delivered to the Administrative Agent an acknowledgement in form and substance reasonably satisfactory to the Administrative Agent to the extent requested by the Administrative Agent pursuant to Section 8.11.

Permitted Counterparty means a repo seller approved by ▇.▇. ▇▇▇▇▇▇ and Lender from time to time.

Permitted Counterparty means a nationally recognized financial institution that enters into one or more swap, hedging or other derivative arrangements with the Purchaser in connection with a bona fide financing of the purchase of the Notes.

Permitted Counterparty is defined in the Intercreditor Agreement as in effect on the date hereof.

Permitted Counterparty means a client who in Corpay Singapore’s sole discretion, has met the requirements for entering into an Option Contract with Corpay Singapore, which requirements may be changed, from time to time by Corpay Singapore in its sole discretion.

Permitted Counterparty means a client who, in Cambridge’s sole discretion, has met the requirements for entering into an Option Contract with Cambridge, which requirements may be changed, from time to time, by Cambridge in its sole discretion.

Permitted Counterparty means a person or company that is a “permitted client”, as that term is defined in section 1.1 [Definition of terms used throughout this Instrument] of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103); and