Relevant Counterparties definition
Relevant Counterparties means, in respect of a Clearing Transaction, or a trade giving rise to a Clearing Transaction, the broker or dealer who executed such trade or transaction, the purchaser, seller, lender or borrower, as applicable, with whom such trade was conducted, any broker or dealer clearing for any of the foregoing, and any Depository involved in such trade or transaction.
Relevant Counterparties means, in respect of a Clearing Transaction, or a trade giving rise to a Clearing Transaction, the broker or dealer who executed such trade or transaction, the purchaser, seller, lender or borrower, as applicable, with whom such trade was conducted, any broker or dealer clearing for any of the foregoing, and any Depository involved in such trade or transaction. The following terms used in this Agreement shall have the same meanings herein as set forth in the Uniform Commercial Code as adopted in the State of New York as in effect from time to time: “Commodity Account,” “Commodity Contract,” “Commodity Intermediary,” “Entitlement Order,” (MKL) Standard Form IAA 2017-02-15 “Financial Asset,” “Instrument,” “Investment Property,” “Proceeds,” “Securities,” “Securities Account,” “Security Entitlement,” and “Securities Intermediary.”
Examples of Relevant Counterparties in a sentence
This obligation shall not apply in relation to Relevant Counterparties, which shall be addressed in accordance with paragraph 6 of Part C of this Schedule 8.7.