Underlying Customer definition

Underlying Customer means any Underlying Customer agreed by us from time to time on behalf of which you are to enter as agent into Transactions with us; and where an Underlying Customer does not constitute a single legal person, means the individuals or other persons who are the primary representatives of the organisation on whose behalf they are dealing.Annex 8 Custody Services
Sample 1Sample 2
Underlying Customer means any Person or Persons that are obligors in respect of any PSA by and between such Underlying Customer and Borrower (or any Series thereof).
Sample 1
Underlying Customer means the customer for whom the Client is providing financial services;
Sample 1

Examples of Underlying Customer in a sentence

  • The Client expressly consents to be relied on to apply customer due diligence measures and where required, will furnish BCS the documentary evidence retained in respect of its Underlying Customer to the extent permitted by the Applicable Regulations.

  • BCS will not be responsible for judging the merits or suitability of any Transaction to be entered into on behalf of an Underlying Customer.

  • We will not be responsible for judging the merits or suitability of any Transaction to be entered into on behalf of an Underlying Customer.

  • Unless we agree otherwise in writing, we shall treat you alone as our customer and we shall not treat any Underlying Customer as our customer for the purposes of the Rules.

  • Unless otherwise required under Applicable Law, we shall have no responsibility for your or any Underlying Customer's compliance with any laws or rules governing or affecting your conduct or that of any Underlying Customer, or for your or any Underlying Customer's compliance with any laws or rules governing or affecting Transactions.

  • The Client undertakes, as agent for the relevant Underlying Customer and on its own behalf, in respect of each instruction given, to specify the sub-account to which the relevant instruction relates.

  • Upon request, you shall inform us of the identity, address and any other details which we require in respect of an Underlying Customer to enable us to form a credit and counterparty risk assessment.

  • The Client as agent for each Underlying Customer authorises BCS to disclose information about the Underlying Customer to a third party to the extent necessary to settle the Transaction for the Underlying Customer or otherwise in accordance with the Applicable Regulations and Market Rules.

  • You undertake, as agent for the relevant Underlying Customer and on your own behalf, in respect of each instruction given, to specify within two hours of giving an instruction (or such other time as we may reasonably specify) the sub account to which the relevant instruction relates.

  • In respect of an Event of Default which occurs in respect of you (as opposed to any Underlying Customer), our rights under the Netting Clause shall apply separately in respect of each sub-account.

Related to Underlying Customer

  • Relevant Customer means a person, firm or company who during the period of twelve months immediately preceding the Termination Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company or any Group Company and with whom the Executive had significant contact as an employee of the Company;

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

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • Host Customer means a customer under a Customer Agreement.

  • End-Use Customer means a person or entity in Delaware that purchases electrical energy at retail prices from a Retail Electricity Supplier.

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • Customer Site means the site owned or leased by the Customer or any other site used to provide the Service, which is directly connected to a PoP managed by Liquid Telecom, as set out in the COF;

  • Net metering customer means a customer of the electric distribution company

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III.

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • End Customer means an enterprise customer to which Partner markets or sells Products for internal use.

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Customer User means an employee of Customer, a Customer Affiliate or Business Partner.

  • Qualifying Customer means:

  • service supplier means any person that supplies a service;

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Business Customer means a customer who is not a residential customer.

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

  • Customer Usage Data means the Telecommunications Services usage data of a CLEC End User measured in minutes, sub-minute increments, message units, or otherwise, that is recorded by SBC-13STATE and forwarded to CLEC.

  • Customer/s for the purpose of this Offer shall mean a person who is using ICICI bank Netbanking services or holds a valid ICICI Bank VISA/MASTER Debit card/Prepaid card or holds a valid VISA/MASTER Credit Card issued by ICICI Bank and who has received communication from ICICI Bank with respect to the Offer.

  • Customer Support means the services by which 21Vianet may provide assistance to Customer to resolve issues with the Services.

  • New Customer means a residential customer who

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.