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.

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 repo seller approved by X.X. Xxxxxx and Lender from time to time.

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.

• 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.

• AFEX may require Client to provide certain documentation, including without limitation, financial account 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 X.X. Xxxxxx is subrogated as provided herein, Lender shall promptly remit or pay to X.X. Xxxxxx the same (or its Dollar equivalent).

• Client may authorise AFEX to enter into an Option Contract so long as AFEX has determined Client to be a Permitted Counterparty.

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 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 Xxxxxx Commercial Paper Inc. and its Affiliates.

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

Permitted Counterparty means a repo seller approved by J.P. Morgan and Lender from time to time.

Permitted Counterparty means (i) any Person (or a majority-owned Subsidiary of a Person, provided, that such Subsidiary’s obligations with respect to any relevant co-financed Qualifying Picture shall have been guaranteed by such Person in a manner satisfactory to the Administrative Agent) listed on Schedule 5, as such Schedule 5 may be amended from time to time by written notice from the Administrative Agent or the Required Lenders to the Borrower; and (ii) any other Person acceptable (with respect to such Person’s identity and creditworthiness) to the Required Lenders; provided that, in either case, from and after the execution by such Person and a Credit Party of final co-financing documentation with respect to such Qualifying Picture, the status of such Person as a Permitted Counterparty may not be revoked with respect to such Qualifying Picture.