Determining person definition

Determining person means, with respect to any contract,
Determining person means (x) in respect of an Amendment Event that consists of a termination of the Associated Swap Transaction set forth in paragraph(vii) of the definition of Amendment Event, a person appointed by the Issuer (in its sole discretion) or, if no such person is appointed, the Issuer, and (y) in respect of any other Amendment Event, the Calculation Agent;
Determining person. ’ shall mean, with re-

Examples of Determining person in a sentence

  • If Custodian shall be in doubt as to any ----------------- question of law involved in any action to be taken or omitted by Custodian, it may request at its option advice from its own counsel, at its own expense, or advice from Master Trust's counsel.


More Definitions of Determining person

Determining person means the Issuer, an affiliate of the Issuer, an alternative calculation agent (other than the Calculation Agent) or an independent financial institution appointed by the Issuer.
Determining person means (x) in respect of an Amendment Event that consists of a termination of the Associated Swap Transaction set forth in paragraph (vi) of the definition of Amendment Event, the Issuer, and (y) in respect of any other Amendment Event, the Calculation Agent;
Determining person means, with respect to any contract, security, or instrument, the following persons in decreasing order of priority:
Determining person means an internationally reputable firm of accountants, management consultants, auditors or investment bankers approved by resolution of the General Meeting, or, in default of such approval within 14 days of notice from any Party to the other Parties and calling upon the other Parties to agree such resolution, a person chosen on the application of any Party, by the President of the Institute of Chartered Accountants in England and Wales.
Determining person means, with respect to any contract, security or instrument, any person specified as a “Determining Person” or, if none is specified, any person with the authority, right or obligation to (a) determine the Benchmark Replacement, (b) notify other persons of the occurrence of a LIBOR Discontinuance Event, a LIBOR Replacement Date or a Benchmark Replacement or (c) calculate a payment based on a Benchmark.
Determining person. ’ shall mean, with respect to any LIBOR Contract, any person with the authority, right, or obligation, in- cluding on a temporary basis, (as identified by the provisions of the LIBOR Contract, or as identified by the governing law of the LIBOR Contract, as appropriate) to deter- mine a Benchmark Replacement.
Determining person means the Chief Financial Officer or the Company Secretary or any other KMP of the Company for the time being individually designated or the Committee constituted for the purpose of determination of materiality of an event or information.