Counterparty definition

Counterparty means a Participant or a Participant’s Account or Customer whose Legal Entity Identifier is reported by BSEF to an SDR as a counterparty to a Trade.

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Counterparty means PJMSettlement as the contracting party, in its name and own right and not as an agent, to an agreement or transaction with a Market Participant or other entities, including the agreements and transactions with customers regarding transmission service and other transactions under the PJM Tariff and the Operating Agreement. PJMSettlement shall not be a counterparty to (i) any bilateral transactions between Members, or (ii) any Member’s self- supply of energy to serve its load, or (iii) any Member’s self-schedule of energy reported to the Office of the Interconnection to the extent that energy serves that Member’s own load.

Counterparty. : means HSBC Bank plc.

Examples of Counterparty in a sentence

All amounts paid by the Counterparty under any Interest Rate Cap Agreement to Sole Member or Lender shall be deposited promptly into the Clearing Account.
The definition of “Forward Hedge Selling Commission Rate” in the Master Confirmation shall be amended and restated to read as follows: Forward Hedge Selling Commission Rate: For each Transaction, as specified in the Supplemental Confirmation for such Transaction, to be an annual rate mutually agreed between the Dealer and the Counterparty but not in excess of [_____] percent ([●]%).
Notwithstanding the foregoing, a Lender shall not be required to make any such assignment and, delegation if such Lender (or its Affiliate) is a Secured Hedging Agreement Counterparty with any outstanding Secured Hedging Agreements, unless on or prior thereto, all such Secured Hedging Agreements have been terminated or novated to another Person and such Lender (or its Affiliate) shall have received payment of all amounts, if any payable to it in connection with such termination or novation.
Notwithstanding the foregoing, the Company shall not be required to provide any documents or information to an Underwriter or Financial Counterparty if such Underwriter of Financial Counterparty has not then been named with respect to the applicable Underwritten Offering or other offering involving a registration as an Underwriter or Financial Counterparty, as applicable.
The Borrower will not, and will not permit any Loan Party to, enter into any Hedging Agreements with any Person other than Hedging Agreements in respect of commodities or interest rates that are entered into with an Approved Counterparty for the purpose of hedging exposure to interest rates or commodity price risk (including basis risk) and that are not for speculative purposes.

More Definitions of Counterparty

Counterparty shall have the meaning set forth in Section 1(u) hereof.

Counterparty. : means Morgan Stanley & Co. International plc.

Counterparty means an entity (i) whose senior long term debt obligations are rated (at the time the subject Interest Rate Exchange Agreement is entered into) in either of the two highest rating categories from a recognized statistical rating organization or (ii) whose obligations under an Interest Rate Exchange Agreement are guaranteed by a financial institution whose senior long term debt obligations are rated (at the time the subject Interest Rate Exchange Agreement is entered into) in either of the two highest rating categories from a nationally recognized statistical rating organization or

Counterparty. : means Societe Generale.

Counterparty means the opposite party in a bilateral agreement, contract, or transaction.

Counterparty. : means Credit Agricole CIB.