Covered Affiliate definition
Covered Affiliate has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance with, 12 U.S.C. § 1841(k).
Covered Affiliate means any Affiliate of a Lender (provided that for this purpose, Affiliates shall not include Persons that are subject to customary procedures to prevent the sharing of confidential information between such Lender and such Person if such Person has fiduciary duties to investors or other equityholders of such Person and such investors or equityholders are not the same as the investors or equityholders of such Lender).
Covered Affiliate has the meaning assigned to such term in Section 9.02(g)(i).
Examples of Covered Affiliate in a sentence
In the event that any Underwriter that is a Covered Entity or a Covered Affiliate of any such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.
More Definitions of Covered Affiliate
Covered Affiliate has the meaning described in the Services Schedule (if applicable).
Covered Affiliate shall have the meaning provided in Section 13.6(h)(iv)(i).
Covered Affiliate means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of one or more of the Covered Parties.
Covered Affiliate means an Affiliate using the Services under Customer’s Account.
Covered Affiliate means in connection with the determination of a Lender’s net short position at the time of any determination, any Affiliate of such Lender that, at the time of such determination, is intentionally coordinating or acting in concert with such Lender with respect to its interest in any Specified Indebtedness and/or any derivative instrument referencing Holdings, any Borrower, any Subsidiary or any Parent Entity or any Specified Indebtedness.
Covered Affiliate means any Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by the Borrower.
Covered Affiliate means an Affiliate receiving the Services under this Services Schedule.