Counterparty List definition
Examples of Counterparty List in a sentence
However, Party B acknowledges that despite such efforts changes that occur after delivery of a Counterparty List that result in a failure of a third party to satisfy the Compliance Requirements, but before Party A’s delivery of an updated Counterparty List, may make certain third parties unavailable and in such event Party A shall not be required to agree to the consummation of Party A Purchase Contracts, Party B Credit Support Purchase Contracts or Party B LC Purchase Contracts with such third parties.
Party B shall be entitled to request the addition of third parties to the Counterparty List.
If any Counterparty on the Counterparty List ceases to satisfy the Compliance Requirements, then Party A may for the avoidance of doubt update such Trade Blotter accordingly, as per the mechanics set forth in Part 7(a)(xiii).
Party A agrees to use commercially reasonable efforts to ensure that the most recent Counterparty List provided by Party A to Party B reflects Counterparties that satisfy the Compliance Requirements.
For Derivatives Transactions, the Sub-Adviser shall select brokers and dealers listed on the Approved Counterparty List, as amended from time to time, from one of the available trading lines of the Adviser.