Collateral Receiver definition

Collateral Receiver shall have the meaning specified in the preamble. “Collateral Value” shall have the meaning specified in the CSMA.
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Collateral Receiver means a Full Participant who is to be, or has been, provided with Collateral by a Collateral Giver (including by way of security interest).
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Examples of Collateral Receiver in a sentence

  • As soon as the VM- Collateral Provider has provided the other VM-Collateral to the VM- Collateral Receiver, the VM-Collateral Receiver shall retransfer the replaced VM-Collateral to the VM-Collateral Provider.

  • This Clause shall survive notwithstanding the frustration or other termination of this Side Letter Collateral Receiver.

  • The Collateral Receiver shall elect the relevant TCM service type in Appendix A to the GCMSA-CR which corresponds to the services governed by Clause 3.

  • In the event Lender consents in writing to a sale, lease, or other disposition of Collateral, Receiver shall cause all proceeds of such sale, lease, or other disposition to be paid by the buyer or other transferee directly to Lender for application to the Indebtedness until paid full.

  • The Collateral Receiver shall promptly send such confirmation once all Secured Obligations have been settled or otherwise collateralized to the Collateral Receiver’s satisfaction.

  • No permit, notice to or filing with any governmental authority or any other person or any consent from any person is required for the exercise by the Collateral Receiver of its rights (including voting rights) provided for in this Pledge Agreement or the enforcement of remedies in respect of the Collateral pursuant to this Pledge Agreement, including the enforcement or transfer of any Collateral upon an Event of Default.

  • Such assignment by the Collateral Receiver shall be enforceable towards the Collateral Giver and third parties pursuant to the provisions of article 1690 of the Luxembourg civil code.

  • This Pledge Agreement shall be binding upon, and inure to the benefit of, the respective successors and assigns of the Collateral Giver and the Collateral Receiver (provided, however, that the Collateral Giver shall not assign or transfer any of its rights or obligations hereunder without the prior written consent of the Collateral Receiver).

  • Eurex Clearing as Collateral Receiver shall elect the relevant TCM service type(s) in Appendix A to the GCMSA-CR which corresponds to the services governed by Clause 2.

  • If any provision of this Side Letter Collateral Receiver is declared by any judicial or other competent authority to be void or otherwise unenforceable, that provision shall be severed from this Side Letter Collateral Receiver and the remaining provisions of this Side Letter Collateral Receiver shall remain in full force and effect.