Triparty Agreement definition

Triparty Agreement the Triparty Contingent Assignment Agreement dated as of the Effective Date among the Trust, the Offsetting Counterparty and the Counterparty.

Triparty Agreement. The Triparty Contingent Assignment Agreement, dated as of the Closing Date, including all schedules, and confirmations thereto, among the Trust, the Swap Counterparty and GMAC, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

Triparty Agreement means the agreement entered into, or to be entered into, between the Repo Counterparty, the Account Bank (acting on behalf of the Issuer) and Euroclear Bank SA/NV (the "Triparty Operator") on the basis of a Collateral Service Agreement comprised of the Collateral Service Agreement – Terms and Conditions – February 2013 and the Collateral Service Agreement – Operating Procedures – March 2014 in standard form as published by the Triparty Operator together with annexes thereto pursuant to which the Triparty Operator will monitor and administer the Purchased Securities and any margining requirements. The Repo Counterparty and the Account Bank (on behalf of the Issuer) may terminate the initial Triparty Agreement and/or enter into alternative triparty arrangements and/or terminate the Triparty Agreement at any time, with the prior written consent of the Noteholder Representative (other than in the case of a default or insolvency of the Triparty Operator, in which case no such consent shall be required). In respect of the Charged Assets: The governing law and jurisdiction specified and submitted to in the terms and conditions thereof In respect of the Charged Agreements: English law and jurisdiction No No

Examples of Triparty Agreement in a sentence

• As of the Assignment Date (as defined in the Triparty Agreement) the Counterparty shall have no further liability hereunder (including in respect of rights, liabilities and duties accrued prior to the Assignment Date).

• If such a Designated Event has occurred, then upon (A) the effectiveness of the Fallback Swap Agreement (as defined in the Triparty Agreement) and (B) the payment by GMAC in a timely fashion of all Delinquent Payments (as defined in the Triparty Agreement), if any, (x) the Event of Default or Termination Event, if any, constituting such Designated Event shall be deemed to be cured on and as of the date of assignment and (y) no Early Termination Date may be designated as a result of such Designated Event.

• Any such transfer under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the Trust, which consent will not be withheld if the Trust's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed and may not be refused if it is pursuant to the Triparty Agreement.

• Applicable Premium or Fees: Not applicable Substitution of Eligible Securities: (i) at the option of Repo Counterparty or (ii) by the Triparty Operator in accordance with the Triparty Agreement, if any, or the Repo Counterparty if any of the securities transferred under the Repurchase Agreement are not Eligible Securities.

• Any such transfer under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the Trust, which consent will not be withheld if the Trust’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed and may not be refused if it is pursuant to the Triparty Agreement.

More Definitions of Triparty Agreement

Triparty Agreement means the agreement entered into, or to be entered into, between the Repo Counterparty, the Issuer and Euroclear (the "Triparty Operator") on the basis of a Collateral Service Agreement comprised of the Collateral Service Agreement – Terms and Conditions – March 2017 and the Collateral Service Agreement – Operating Procedures– October 2017 in standard form as published by the Triparty Operator together with annexes thereto pursuant to which the Triparty Operator will monitor andadminister the Purchased Securities and any margining requirements. The Repo Counterparty and the Issuer may terminate the initial Triparty Agreement and/or enter into alternative triparty arrangements and/or terminate the Triparty Agreement at any time, (other than in the case of a default or insolvency of the Triparty Operator, in which case no such consent shall be required). BNP Paribas (as "Valuation Agent") will have the option in the Triparty Agreement to communicate all or part of the Collateral Securities daily valuations to the Triparty Agent via the external quotation (EXQUO) service available at Euroclear.

Triparty Agreement the Triparty Contingent Assignment Agreement, dated August 8, 2002, among the Trust, the Offsetting Counterparty and the Counterparty.

Triparty Agreement. The Triparty Contingent Assignment Agreement, dated as of the Series 20__-SN_ Closing Date, including all schedules, and confirmations thereto, among the Trust, the Swap Counterparty and Ally Financial, as the same may be amended, supplemented, renewed, extended or replaced from time to time. Trust: Capital Auto Receivables Asset Trust 20__-SN_, a Delaware statutory trust described in the Trust Agreement.

Triparty Agreement means that certain Prepaid Card Services Agreement dated October 20, 2006 by and among Bank, Servicer and Bank Client.

Triparty Agreement. The Triparty Contingent Assignment Agreement, dated as of the Initial Closing Date, among the Trust, GMAC, and the initial Basis Swap Counterparty, as amended and supplemented from time to time. Trust: Superior Wholesale Inventory Financing Trust 2007-AE-1, a Delaware statutory trust created pursuant to the Trust Agreement, and its successors.

Triparty Agreement. : means an agreement entered into, between the Repo Counterparty, the Account Bank (acting on behalf of the Issuer) and Euroclear Bank SA/NV (the "Triparty Operator") in relation to the Notes during the term of the Notes, on the basis of a collateral service agreement comprised of the collateral service agreement – terms and conditions – the latest version as of the date of entry into the Triparty Agreement and the collateral service agreement – operating procedures – the latest version as of the date of entry into the Triparty Agreement in standard form as published by the Triparty Operator together with annexes thereto pursuant to which the Triparty Operator will monitor and administer the Purchased Securities

Triparty Agreement means the agreement described as such and entered into between the Triparty Agent and the Participant;