Counterparty Risk. A risk that the Individual Portfolio will incur losses due to the counterparty’s failure to fulfil its liabilities at the time of a deal or when making settlements. The Individual Portfolio is exposed to the risk when making both over-the-counter and exchange transactions.
Counterparty Risk. Counterparty risk is the risk to each party of a contract that the counterparty will not adhere to its contractual obligations in the specified timeframes. The Buyer faces the risk of loss in the event that the Seller fails to adhere to its contractual obligations over the life of the Repurchase Agreement.
Counterparty Risk. Is the risk that a counterparty to the Pool, be they participants, customers, suppliers, or hedging counterparties, do not perform against their obligations to the Pool. CBH Grain operates a specific credit management department which seeks to identify the degree of credit risk which could be inherent in business dealings with our various counterparties, in order to reduce counterparty risk, or to the extent that this is not possible, to engage in business dealings on terms which minimise the exposure to counterparty risk against that counterparty.
Counterparty Risk. This is a risk associated primarily with repurchase agreements and certain derivatives transactions. (Generally, repurchase agreements are agreements under which a fund acquires ownership of a security from an entity such as a bank that agrees to repurchase the security at a mutually agreed upon price and time.) The risk is that the other party in the transaction, the entity from whom the security is initially purchased, will not fulfill its contractual obligation to complete the transaction with Buying Fund. LACK OF TIMELY INFORMATION RISK Timely information about a security or its issuer may be unavailable, incomplete or inaccurate. This risk is more common to securities issued by foreign companies and companies in emerging markets than it is to the securities of U.S.-based companies. PORTFOLIO TURNOVER RISK Buying Fund's investments may be bought and sold relatively frequently. A high turnover rate may lower Buying Fund's performance because it results in higher brokerage commissions. GENERAL RISKS Not Insured. Mutual funds are not insured by the FDIC or any other government agency, unlike bank deposits such as CDs or savings accounts. No Guarantee. No mutual fund can guarantee that it will meet its investment objectives. Possible Loss of Investment. A mutual fund cannot guarantee its performance, nor assure you that the market value of your investment will increase. You may lose the money you invest, and Buying Fund will not reimburse you for any of these losses.
Counterparty Risk. Customer agrees to proceed solely against its counterparty to collect or recover any amounts owed to it or to enforce any of its rights in connection with or as a result of any transaction facilitated by the Services.
Counterparty Risk. The Company will only enter into derivative transactions with counterparties that have a current senior debt rating by either Standard & Poor's Rating Services, a division of McGrxx-Xxxx Xxxpanies, or Moodx'x Xxxestors Service, Inc. of A or better or the equivalent rating by other recognized rating agencies approved by the Financial Risk Management Committee. The Company will generally continue in a derivative transaction if the counterparty's credit rating is downgraded to BBB. Appropriate steps should be taken by the Manager to minimize risks if the counterparty's credit rating is downgraded below BBB. Such steps may include obtaining collateral or some other acceptable form of credit enhancement, or terminating the transactions, if practicable. The Manager shall notify the Financial Risk Management Committee of all credit downgrades. The Committee must approve the actions proposed to be taken with respect to a transaction where the counterparty's credit rating is downgraded below BBB. The Company will not enter into a new derivative transaction with a counterparty if the new transaction will result in credit exposure exceeding limits specified by the Financial Risk Management Committee. Such limits are currently set as follows:
Counterparty Risk. Company will not exceed total counterparty risk of $50 million.
Counterparty Risk. The project is exposed to Bloom Energy as the contractor, operator and partial owner under the various project agreements. Bloom is unrated and is considered to be sub-investment grade. The production insurance policy protects the project from a Bloom insolvency scenario. The production policy insurer Indian Harbor is rated `A+’/Stable Outlook and is not considered an active constraint for the project rating. Currently all offtakers ratings are above the minimum ‘BBB’ rating for replacements. [***] Confidential Treatment Requested Disclosures This rating assessment service is based on the information and documents provided to us by you and other parties. Fitch relies on all these parties for the accuracy of such information and documents. Fitch did not audit or verify the truth or accuracy of such information and does not take responsibility for the appropriateness of the information provided and used in the analysis. Fitch provides this rating assessment service “as is” and does not represent, warrant or guarantee (i) the accuracy, correctness, integrity, completeness or timeliness of any part of this rating assessment service, or (ii) that this rating assessment service (or any credit rating) and the information and analyses contained in, and constituting a part of, this rating assessment service will fulfill any of your or any third party’s particular purposes or needs. Since this is not an actual credit rating, there can be no assurance that should the scenario described above occur, an actual credit rating for 2014 ESA Project Company, LLC, if issued by Fitch, would be the same as this rating assessment service. This rating assessment is based on established criteria and methodologies that Fitch is continuously evaluating and updating. Therefore, rating assessments are the collective work product of Fitch and no individual, or group of individuals, is solely responsible for a rating assessment. All Fitch reports have shared authorship. Individuals identified in a Fitch report were involved in, but are not solely responsible for, the opinions stated therein. The individuals are named for contact purposes only. Fitch is not your advisor, nor is Fitch providing to you or any other party any financial advice, or any legal, auditing, accounting, appraisal, valuation or actuarial services. This rating assessment service should not be viewed as a replacement for such advice or services. Nothing in this letter is intended to or should be construed as creating...
Counterparty Risk. We may be subject to credit risk with respect to the counterparties to certain derivative agreements entered into by us. If a counterparty becomes bankrupt or otherwise fails to perform its obligations under a derivative contract due to financial difficulties, we may experience significant delays in obtaining any recovery under the derivative contract in a bankruptcy or other reorganization proceeding. We may obtain only a limited recovery or may obtain no recovery in such circumstances. Effects of Terrorism. Energy infrastructure companies, and the market for their securities, are subject to disruption as a result of terrorist activities, such as the terrorist attacks on the World Trade Center on September 11, 2001; war, such as the wars in Afghanistan and Iraq and their aftermaths; and other geopolitical events, including upheaval in the Middle East or other energy producing regions. Cyber hacking could also cause significant disruption and harm to energy infrastructure companies. The U.S. government has issued warnings that energy assets might be specific targets of terrorist activity. Such events have led, and in the future may lead, to short-term market volatility and may have long-term effects on companies in the energy infrastructure industry and markets. Such events may also adversely affect our business and financial condition. Anti-Takeover Provisions. Our Charter and Bylaws include provisions that could delay, defer or prevent other entities or persons from acquiring control of us, causing us to engage in certain transactions or modifying our structure. These provisions may be regarded as “anti-takeover” provisions. Such provisions could limit the ability of common stockholders to sell their shares at a premium over the then-current market prices by discouraging a third party from seeking to obtain control of us. See “Certain Provisions in the Company’s Charter and Bylaws.” Management Risk. Our Adviser was formed in 2002 to provide portfolio management to institutional and high-net worth investors seeking professional management of their MLP investments. Our Adviser has been managing our portfolio since we began operations. As of January 31, 2017, our Adviser had client assets under management of approximately
Counterparty Risk. An entity with which the Sub-Fund does business could become unwilling or unable to meet its obligations to the Sub-Fund.
