Counterparties definition
Examples of Counterparties in a sentence
In the case of Professional Clients and Eligible Counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations.
Such circumstances are, but not limited to, ▪ Changes in the monetary or credit policies domestic or abroad that affect the general interest level in a way that is of importance to the Company; ▪ Other changes in the general interest level, including in the money and bond markets, that is of importance to the Company; ▪ Changes in the relationship with the Company’s Counterparties, which affect the Company’s cost structures.
Counterparties may not terminate, close out or net QFCs solely on account of the insol- vency, financial condition or appointment of the conservator.
This agreement applies only to Clients who have been categorised as Professional Clients and Eligible Counterparties.