Put Option Counterparty definition

Put Option Counterparty means, pursuant to a Put Option, any entity or person which (i) is required to purchase one or more Collateral Debt Obligations with a maturity longer than the Stated Maturity at any time on or prior to the Maturity Date at or above a par and (ii) satisfies the Rating Requirement.
Put Option Counterparty means, pursuant to a Put Option, any entity or person which (i) is required to purchase one or more Collateral Debt Obligations with a maturity longer than the Stated Maturity at any time on or prior to the Maturity Date at or above a par and (ii) satisfies the Rating Requirement and provided always that such entity or person has the regulatory capacity, as a matter of Dutch law, to enter into derivatives transactions with Dutch residents.

Examples of Put Option Counterparty in a sentence

  • Termination Events of the Allocation Advisory Agreement The circumstances in which the Put Option Counterparty may terminate the Allocation Advisory Agreement, which in turn will lead to a termination of the Put Option before maturity and therefore may lead to a reduced payment which may not match the Minimum Protection Level are set out below.

  • Termination Events of the Put Option If any of the events listed below occur (each a “Put Option Termination Event”), the Put Option Counterparty may determine (acting in good faith), that such event has had, or can be expected to have, a material effect on the Put Option and as such may terminate it and settle according to the Put Option terms.

  • Force Majeure Event means in respect of the Investment Manager, the Fund and/or the Put Option Counterparty, an event or circumstance (including, without limitation, a systems failure, natural disaster, act of God or any similar intervening circumstance) that is beyond the reasonable control of such entity.

  • In that regard, the Allocation Advisory Agreement does not delegate or impart any management or advisory function in respect of the Fund to the Put Option Counterparty but sets out the framework upon which the Put Option Counterparty will enter into the Put Option.

  • Merger without Assumption means the Put Option Counterparty consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, another entity and, at the time of such consolidation, amalgamation, merger or transfer the resulting, surviving or transferee entity fails to assume all the obligations of such party under the Put Option.

  • The Put Option Counterparty is also the allocation agent for the purpose of the Prosper 80 Strategy (the “Allocation Agent”), such strategy described under the “General Description of the Underlying”.

  • Put Option means the put option transaction entered into between the Company, on behalf of the Fund, and the Put Option Counterparty, the aim of which is to ensure that the Fund has sufficient resources to pay out at least the Protected Price on any Dealing Day.

  • Put Option The Fund shall enter into a Put Option with the Put Option Counterparty with an expiry date of October 31st 2017.

  • CPPI Strategy and Allocation Advisory Agreement As a condition of the Put Option Counterparty providing the protection of the Minimum Protection Level via the Put Option, the Investment Manager and the Company on behalf of the Fund have entered into the Allocation Advisory Agreement with the Put Option Counterparty, pursuant to which the Put Option Counterparty also provides the allocation advice for the implementation of the CPPI Strategy to the Investment Manager.

  • Put Option means the put option entered into between the Company, on behalf of the Fund, and the Put Option Counterparty, the aim of which is to ensure that, on the Scheduled Maturity Date or upon the occurrence of a Termination Event, the Fund has sufficient resources to pay out at least the Minimum Protection Level per Share on the Scheduled Maturity Date.

Related to Put Option Counterparty

  • central counterparty means a CCP as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;

  • Put Option Agreement has the meaning set forth in the recitals.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • 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.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Eligible Counterparty means any bank or financial institution (which for these purposes shall include any leading dealer or broker in commodity and commodity index swap transactions) incorporated, domiciled and regulated in an OECD country with a rating equal to the Eligible Counterparty Threshold Rating or higher (or the equivalent rating from any other Rating Agency) or having the benefit of an enforceable guarantee from an Affiliate with a rating equal to the Eligible Counterparty Threshold Rating or higher (or the equivalent rating from any other Rating Agency).

  • Hedge Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Secured Treasury Management Agreement means any Treasury Management Agreement between any Loan Party and any Treasury Management Bank; provided, that for any of the foregoing to be included as a “Secured Treasury Management Agreement” on any date of determination by the Administrative Agent, the applicable Treasury Management Bank (other than the Administrative Agent or an Affiliate of the Administrative Agent) must have delivered a Secured Party Designation Notice to the Administrative Agent prior to such date of determination.

  • Approved Counterparty means (a) any Lender or any Affiliate of a Lender and (b) any other Person whose long term senior unsecured debt rating is A-/A3 by S&P or Xxxxx’x (or their equivalent) or higher.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Reporting Counterparty means, for purposes of Part 45 of CFTC Regulations, the Participant or Authorized Trader that is designated as such pursuant to Rule 528(b).

  • Treasury Management Agreement means any agreement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Qualified Counterparty with respect to any Specified Hedge Agreement, any counterparty thereto that, at the time such Specified Hedge Agreement was entered into, was a Lender or an affiliate of a Lender.

  • Financial Counterparty has the meaning given to such term in, and shall be interpreted in accordance with, 12 C.F.R. 252.81, 12 C.F.R. 382.1 and 12 C.F.R. 47.2.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Put Option Event means a Change of Control Event.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Swap Provider means any Person that, at the time it enters into a Swap Agreement is a Lender or an Affiliate of a Lender, in its capacity as a party to such Swap Agreement.