Bank Participant definition

Bank Participant means any Qualified Institutional Buyer to whom the Bank has participated its rights under this Agreement or to whom the Bank or any Bank Participant has sold a participation in rights under this Agreement.
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Bank Participant has the meaning set forth in Section 9.06(b) hereof.
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Bank Participant means any person to whom the Bank has assigned its rights under this Agreement and the other Reimbursement Documents or to which the Bank has sold a participation in rights under this Agreement and the other Reimbursement Documents.
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Examples of Bank Participant in a sentence

  • The IPA must be a Euroclear Bank Participant and must open a non-syndicated distribution account for the sole purpose of executing payments and internal or Bridge7 settlement instructions in connection with new security issuances.

  • We will process the following types of income and corporate action events for Irish corporate securities: Cash proceeds of any corporate action event can be credited to the Cash Account of a Euroclear Bank Participant in any Euroclear Bank-eligible currency.

  • Once you receive your broker ID, please complete and return the form Broker details for Irish corporate securities related to mark-up and mark-down activity (RG 414).2Mark-up instructionThe Euroclear Bank Participant (the broker or its custodian) sends a mark-up instruction to Euroclear Bank via a SWIFT ISO 15022 MT 540 mark-up instruction or EasyWay19.

  • The Bank Participant shall ensure provision of copies of all the relevant laws, rules and regulations at his office for access to the Sub-Account Holder(s) during working hours.

  • Further, the Sub-Account Holder may request for such statement (including Account Activity reports) from the Bank Participant at any time on payment of a fee on cost basis as prescribed by the Bank Participant.

  • Bank Participant shall send within 10 days of end of each quarter Account Balance statement to the Sub-Account Holder without any fee or charge showing the number of every Book-entry Security entered in his Sub-Account as of the end of the preceding quarter.

  • Where admission of Bank Participant to the CDS is suspended or terminated by the CDC, the Sub-Account Holder shall have the right, subject to the Regulations and the Procedures made thereunder, to request CDC to change his Controlling Account Holder and Bank Participant shall extend full cooperation to the Sub-Account Holder in every regard, without prejudice to his right of recovery of any dues or receivable from the Sub-Account Holder.

  • The provision of services as provided for hereunder shall not constitute Bank Participant as trustee and the Bank Participant shall have no trust or other obligation in respect of the Book-entry Securities except as agreed by the Bank Participant separately in writing.

  • This must be received by Euroclear UK & Ireland before 18:00 (GMT) and• an external free of payment receipt instruction in Euroclear Bank per Irish domestic security, per receiving Euroclear Bank Participant account, quoting Euroclear UK & Ireland as ‘place of settlement’ (CRSTGB22), either for the full balance or for part of it.

  • Bank Participant shall be liable to give due and timely effect to the instructions of the Sub-Account Holder given in terms of the above-referred authorization with respect to transfer, pledge and withdrawal of Book-entry Securities entered in his Sub-Account under the control of the Bank Participant.


More Definitions of Bank Participant

Bank Participant means any Person to whom any Lender has sold a participation in rights under this Agreement and the other Loan Documents pursuant to Section 13.02.
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Bank Participant means an Eligible Employee of the Bank who has met the participation requirements in Section 1.1(c).
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Bank Participant means any person to whom the Bank has participated its rights under this Agreement and the Subseries 2008B-[3][4] Bonds or to whom the Bank or any Bank has sold a participation in rights under this Agreement and the Subseries 2008B-[3][4] Bonds.
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Related to Bank Participant

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Other Participant means a cooperative project participant other than the United States.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.

  • Defaulting Participant means a Participant which the Project Committee has declared to be in substantial breach of this Consortium Agreement or the PPP Allowance Agreement in accordance with Sections 3.5 and 6.5 of this Consortium Agreement;

  • Study Participant means a person recruited to participate in the Study.

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.