Underlying Client definition

Underlying Client means the client of the Client; and
Sample 1Sample 2Sample 3
Underlying Client means, where you are an investment manager, investment advisor or otherwise act as agent on behalf of an underlying fund or customer the identity of which has been disclosed to GS, such underlying fund or customer.
Sample 1
Underlying Client means any client notified as such by the Counterparty to HSBC pursuant to the terms of Appendix 1 (EMIR HSBC Form) to the Procedures Manual.
Sample 1

Examples of Underlying Client in a sentence

  • If you (or your Underlying Client) have any questions regarding these Terms, please contact your Sales Client Relationship Manager.

  • For the avoidance of doubt, this Clause 2 does not apply if you are acting on behalf of an Underlying Client who lacks legal personality (such as a common fund).

  • Interest will accrue on a daily basis and will be due and payable by you (including, if you are acting as an agent, on behalf of the relevant Underlying Client) as a separate debt.

  • You (or Your Underlying Client, where applicable) consent to the use of your Custody Assets in this way.

  • For the avoidance of doubt, providing evidence of the identity of your Underlying Client will not make your Underlying Client a client of Westpac.

  • We will not be liable to you or, where you are acting as agent, to the Underlying Client, if we accept and act upon Instructions from individuals who do not have the necessary authority.

  • You agree to provide us with such information and written confirmations or assurances in relation to the Underlying Client, as we may reasonably require to comply with the Applicable Law.3.3 The Bank is required to report suspicious orders (including requests for quotes), activities and transactions to the relevant Government Authority for anti-money laundering purposes.

  • You (or Your Underlying Client, where applicable) authorise GS or its Affiliates to incur such expenses, and to pay the same out of the Account.

  • You (or Your Underlying Client, where applicable) agree to pay all fees and charges that may be incurred in respect of the transfer of Custody Assets and Client Money and that upon such disposal by GS such assets shall cease to be Custody Assets and Client Money.

  • If there is more than one Underlying Client, this document evidences a separate agreement between the Bank and each Underlying Client as though a separate agreement had been documented and executed between the Bank and each Underlying Client.


More Definitions of Underlying Client

Underlying Client means any counterparty agreed to in writing by us from time to time on behalf of which you are to enter as agent into Transactions with us; and where a counterparty does not constitute a single legal person, means the trustees, individuals or other persons who are the primary representatives of the organisation, trust or fund on whose behalf they are dealing.
Sample 1
Underlying Client. Account The meaning given to in Clause 2.3 (Underlying Client Accounts).
Sample 1
Underlying Client means any client to whom you provide investment management services and in respect of whose Portfolio you provide us with an instruction in relation to the Execution- only Service.
Sample 1
Underlying Client means, where You are an investment manager, investment advisor or otherwise act as agent on behalf of an underlying fund or customer the identity of which has been disclosed to GS, such underlying fund or customer.
Sample 1

Related to Underlying Client

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Review Receivable has the meaning designated in Section 1.02 of the Asset Representations Review Agreement.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Underlying Obligor means with respect to an Underlying Obligation, the issuer in the case of a Bond, the borrower in the case of a Loan, or the principal obligor in the case of any other Underlying Obligation.

  • Mortgage Loan File for inclusion in the Mortgage Loan File (to the extent such documents are in the possession of the Special Servicer) and copies of any additional related Mortgage Loan information, including correspondence with the Borrower Related Parties, and the Special Servicer shall promptly provide copies of all of the foregoing to the Servicer as well as copies of any analysis or internal review prepared by or for the benefit of the Special Servicer, provided that, such materials shall not include any Privileged Information.

  • Underlying Agreement means an agreement that is an underlying agreement for the purposes of paragraph 48 or Schedule 6 to the Act.

  • Document Custodian means the Custodian when acting in the role of a document custodian hereunder.

  • Underlying Instrument means the loan agreement, credit agreement or other customary agreement pursuant to which a Collateral Obligation has been created or issued and each other agreement that governs the terms of or secures the obligations represented by such Collateral Obligation or of which the holders of such Collateral Obligation are the beneficiaries.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Asset Review Receivable means, for any Asset Review, each Receivable that is not a Liquidated Receivable and with respect to which the related Obligor failed to make at least 90% of the related Scheduled Receivables Payment by the date on which it was due and, as of the last day of the Collection Period prior to the date the related Asset Review Notice was delivered, remained unpaid for sixty (60) days or more from the original payment due date.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • Review Receivables means those Delinquent Receivables that have been Delinquent Receivables for 60 days or more as of the last day of the preceding Collection Period identified by the Servicer as requiring an Asset Representations Review by the Asset Representations Reviewer following receipt of an Asset Representations Review Notice according to Section 3.01.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Takeout Investor means any institution which has made a Takeout Commitment and has been approved by Buyer, in its sole and absolute discretion.

  • Indigent Customer means the head of an indigent household:-

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Underlying Funds means open-end investment companies registered under the 1940 Act within the ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 7, 2013.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • CMSA Special Servicer Loan File format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "CMSA Special Servicer Loan File" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Special Servicer.

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • Related Supplier means any person who provides services to the Customer which are related to the Services from time to time;

  • SPS means ADB's Safeguard Policy Statement (2009);

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and