Receiving Participant definition

Receiving Participant means the Participant that is required to take delivery of the underlying commodity through the Settlement Facility.

Receiving Participant means the participant designated by the sending participant as the participant to whose RTGS account the amount specified in the relevant payment order shall be credited,

Receiving Participant means, in relation to a Delivery Quantity for Physical Gas: where Delivery Netting applies, the Trading Participant determined to be the Receiving Participant under clause 14.7; in the case of a Location Swap, the Buyer in relation to the Swap Delivery Point and the Seller in relation to the Swap Receipt Point; and otherwise, the Buyer under the relevant Transaction. Resulting Transaction is defined in clause 12.1.

Examples of Receiving Participant in a sentence

• The Receiving Participant hereby warrants that any Affiliate or consultant to which Confidential Information is disclosed will be bound and will abide by the terms of this Agreement.

• Notwithstanding the above limitations on disclosure, Participants shall be permitted to disclose the Confidential Information to other Participants who have executed this Agreement and any of its Affiliates and consultants, in which event the Affiliate and the consultant shall be entitled to use the Confidential Information but only to the same extent the Receiving Participant is permitted to do so under this Agreement.

• The Receiving Participant shall hold in confidence the Confidential Information, not disclose the Confidential Information to any third party, and will exercise the same amount of diligence in preserving the secrecy of that information as the diligence used in preserving the secrecy of the Receiving Participant’s own most valuable Confidential Information, but in no event less than reasonable diligence.

More Definitions of Receiving Participant

Receiving Participant means the Participant receiving Wildfire Suppression Resources.

Receiving Participant means a system participant that receives a transaction from an originating participant;

Receiving Participant means a Participant receiving Wildland Fire Management Resources under this Plan;

Receiving Participant means in relation to a Transfer Quantity for Physical Capacity, the Trading Participant determined to be the Receiving Participant in accordance with clause 14A.3. Resulting Transaction is defined in clause 12.1. Revised Statement means the statement issued by the Operator under clause 18.4(a).

Receiving Participant means the Participant receiving Wildfire Suppression Resources. “Sending Participant” means the Participant furnishing Wildfire Suppression Resources. “Wildfire” means any forest, range, or xxxx fire.

Receiving Participant means the Participant to which Client Data is disclosed from another Participant through the SCA Network.

Receiving Participant means, with respect to any check, the participant that receives that payment through the Clearing house. This participant also may be referred to as the Paying Bank.