Sponsoring Broker definition

Sponsoring Broker means a Participant other than a DMA Customer that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and (i) with respect to Cleared Swaps, is a Clearing Member; and (ii) with respect to Non-Cleared Swaps, is (x) an FCM or Introducing Broker; or (y) non-U.S. Person acting in a similar capacity that is not required to register as an FCM or Introducing Broker under the Act and that is appropriately licensed in a jurisdiction where its DMA Customer is located.
Sponsoring Broker means the broker who has issued a
Sponsoring Broker means a Participant that designates one or more of its Customers as Direct Market Access Customers under the Rules.

Examples of Sponsoring Broker in a sentence

  • During the representation, Sponsoring Broker and/or Designated Agent may have learned material information about the seller that is considered confidential.

  • The Buyer acknowledges that Sponsoring Broker and ▇▇▇▇▇'s Designated Agent are being retained solely as real estate professionals, and not as attorneys, tax advisors, surveyors, structural engineers, home inspectors, environmental consultants, architects, contractors, or other professional service providers.

  • In no case shall Sponsoring Broker or ▇▇▇▇▇'s Designated Agent be obligated to advance funds for the benefit of Buyer in order to complete a closing.

  • If Sponsoring Broker is holding the ▇▇▇▇▇▇▇ money as escrow agent, Sponsoring Broker will hold any such ▇▇▇▇▇▇▇ money in a special, non-interest-bearing escrow account on behalf of the buyer and Seller.

  • When a contract to purchase is entered into for the purchase of Seller's property, the buyer may deposit ▇▇▇▇▇▇▇ money with Sponsoring Broker.


More Definitions of Sponsoring Broker

Sponsoring Broker means the broker who has issued a sponsor card to a licensed salesperson, another licensed broker, or a leasing agent.
Sponsoring Broker means the broker who certifies to the
Sponsoring Broker means a Participant that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and (i) with respect to Cleared Swaps, is a Clearing Member; and (ii) with respect to Non-Cleared Swaps, is an FCM or Introducing Broker.
Sponsoring Broker means a Participant other than a DMA Customer that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and
Sponsoring Broker means any individual real estate broker who sponsors associate brokers or real estate salespersons who participate in any activity described in this Section.
Sponsoring Broker means the broker who has issued a sponsor card to a licensed managing broker, broker, or a leasing agent.
Sponsoring Broker s Name" means the sponsoring broker's name as licensed by the Department or the assumed name registered by the sponsoring broker with the Division, which in the case of a franchise shall include the franchise affiliation and the name of the individual firm.