Examples of Programme Party in a sentence
In the absence of fraud, gross negligence and wilful default, the Trustee directly or its agent shall not be liable (whether directly or indirectly, in contract, in tort or otherwise) to the Issuer, the ETP Securityholders or any Programme Party for any calculation (or any delay in making any calculation) so made.
In connection with such hedging or market-making activities or with respect to proprietary or other trading activities by any Programme Party, a Programme Party may enter into transactions with respect to the Reference Entity or Entities, any applicable Reference Obligation or related derivatives which may affect the market price, liquidity or value of the Credit Linked Notes and which could be deemed to be adverse to the interests of the relevant Noteholders.
Any Programme Party may pursue such hedging or related derivatives actions and take such steps as they deem necessary or appropriate to protect their interests without regard to the consequences for any Noteholder.
In addition, in connection with the offering of the Credit Linked Notes, the Issuer and/or any other Programme Party may enter into one or more hedging transactions with respect to any applicable Reference Obligation or related derivatives.
No Programme Party guarantees, or otherwise stands behind, the performance of any Reference Entity or Reference Obligation or is under any obligation to make good losses suffered as a result of Credit Events.
No Programme Party guarantees the performance of or otherwise stands behind the performance of any Reference Entity or Reference Obligation or is under any obligation to make good losses suffered as a result of Credit Events.
The Issuer and/or any other Programme Party may pursue such hedging or related derivatives actions and take such steps as they deem necessary or appropriate to protect their interests without regard to the consequences for any Noteholder.
In connection with such hedging or market-making activities or with respect to proprietary or other trading activities by the Issuer and/or any other Programme Party, the Issuer and/or any other Programme Party may enter into transactions with respect to any applicable Reference Obligation or related derivatives which may affect the market price, liquidity or value of the Credit Linked Notes and which could be deemed to be adverse to the interests of the relevant Noteholders.
In addition, in connection with the offering of the Credit Linked Notes, any Programme Party may enter into one or more hedging transactions with respect to a Reference Entity or Reference Entities, any applicable Reference Obligation or related derivatives.
None of the Issuer, any Programme Party or any Affiliate of any such persons makes any representation as to the credit quality of the Margin Loan Provider or any Collateral Assets.