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

Each Interest Hedge Counterparty shall be required to satisfy, at the time that any Interest Hedge Agreement to which it is a party is entered into, the then-current S&P criteria for hedge counterparties with respect to any Interest Hedge Agreements shall be subject to the Priority of Payments specified in Section 9.1(a) and Section 6.4. Payments with respect to any Interest Hedge Agreements shall be subject to Article IX.
Once the Delegated Sponsor determines that the Shares have been received in the Trust’s DTC account, the Delegated Sponsor, as a delegate of the Cayman Trustee, authorizes the Bitcoin Custodians to transfer the redemption bitcoin amount from the Trust’s Bitcoin Custodians account to the Bitcoin Counterparty for conversion to cash to be distributed to the Authorized Participant upon settlement.
Each Interest Hedge Agreement (i) shall contain an acknowledgement by the Interest Hedge Counterparty that the obligations of the applicable Loan Party to the Interest Hedge Counterparty under the relevant Interest Hedge Agreement shall be payable in accordance with Article IX and (ii) shall provide that it may not be terminated due to the occurrence of an Event of Default until liquidation of the Collateral has commenced.
Counterparty shall at its own expense, do all acts and steps necessary or desirable to give effect to the amendments effected or to be effected by this letter.
Counterparty repeats as of the date hereof the representations made to Bank in Sections 6.1(a), 6.1(h) and 6.1(i) of the Confirmation provided that reference therein to "this Transaction" shall be deemed to be reference to this Amendment.

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.