Instructing Party definition

Instructing Party shall have the meaning assigned to such term in Section 6.3(a).

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Instructing Party means the Senior Representative or, following replacement in accordance with paragraph (b)(v) under Section "Enforcement", the Super Senior Representative.

Instructing Party means the individual, firm, company or other person instructing the Barrister, whether for and on his, their or its own benefit and behalf, or for the benefit or on behalf of some other, specified, person;

Examples of Instructing Party in a sentence

• The Instructing Party shall not instruct the Owner Trustee in a manner inconsistent with this Agreement or the Basic Documents.

• The Owner Trustee is further authorized from time to time to take such action as the Instructing Party recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.

• The Instructing Party shall not direct the Owner Trustee to take action that would violate the provisions of this Section.

• To the extent the Owner Trustee acts in good faith in accordance with any written instruction of the Instructing Party received by it, the Owner Trustee shall not be liable on account of such action to any Person.

• The Instructing Party shall not instruct the Owner Trustee in a manner inconsistent with this Agreement or the other Basic Documents, except that the Instructing Party may instruct the Owner Trustee to waive notice periods set forth herein or in the other Basic Documents provided that the party or parties entitled to receive such notice consents to such waiver or join in such instruction.

More Definitions of Instructing Party

Instructing Party. The meaning assigned to such term in Section 5.3(a).

Instructing Party means an entity which has been designated as such by a TIPS DCA holder and which is allowed to send payment orders to the TIPS Platform and/or receive payment orders from the TIPS Platform on behalf of that TIPS DCA holder or a reachable party of that TIPS DCA holder,

Instructing Party means the Security Insurer (so long as an Insurer Default shall not have occurred and be continuing) or the Certificateholder (if an Insurer Default shall have occurred and be continuing).

Instructing Party means, the Swap Counterparty unless a Swap Event of Default has occurred under the Credit Default Swap, in respect of which the Swap Counterparty is the Defaulting Party (as defined in the Credit Default Swap), after the occurrence of which "Instructing Party" shall mean the Note Trustee.

Instructing Party means the Senior Representative or, following replacement in accordance with paragraph (b)(v) under the Section titled "Enforcement", the Super Senior Representative.

Instructing Party means an entity which has been designated as such by a TIPS DCA holder or the holder of a TIPS AS technical account, and which is allowed to send instant payment orders or liquidity transfer orders and/or receive instant payment orders or liquidity transfer orders on behalf of that account holder or a reachable party of that account holder;

Instructing Party means, the Swap Counterparty unless and until an Early Termination Date has been effectively designated under the Credit Default Swap following an Event of Default, in respect of which the Swap Counterparty is the Defaulting Party (as defined in the Credit Default Swap).