Examples of Special Entity in a sentence
In verifying the eligibility of a counterparty pursu- ant to paragraph (a) of this section, a swap dealer or major swap participant shall verify whether a counterparty is eligible to elect to be a Special Entity under § 23.401(c)(6) and, if so, notify such counterparty of its right to make such an election.
An employee of such person who solicits a governmental Special Entity for the swap dealer and any person who supervises, directly or indirectly, such employee.
In verifying the eli- gibility of a counterparty pursuant to paragraph (a) of this section, a swap dealer or major swap participant shall also verify whether the counterparty is a Special Entity.
In the case of a counterparty that is a Special Entity, the swap dealer complies with § 23.440 where the rec- ommendation would cause the swap dealer to act as an advisor to a Special Entity within the meaning of § 23.440(a).
The term ‘‘governmental Special Entity’’ means any Special Entity de- fined in § 23.401(c)(2) or (4).