transfer risk definition

transfer risk shall have the meaning specified in paragraph 3(b).

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transfer risk. ( ) means a risk which is transferred from one party to another party by the use of risk management techniques;

transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.

Examples of transfer risk in a sentence

• For the avoidance of doubt, the Parties are not obliged to Schedule, deliver and accept the Contract Quantity of electricity under this Agreement, however the Parties shall Schedule, deliver and accept the Contract Quantity of Certificates in accordance with § 10 (Primary Obligations For Delivery and Acceptance of Certificates) and § 11 (Transfer, Risk and No Encumbrances of Certificates).

• Seller agrees to cooperate with Purchaser to obtain all such consents, however, Purchaser assumes the full financial risk with respect to the failure to obtain any such consent (the "Transfer Risk").

• The Supplier shall review and update each Data Transfer Risk Assessment provided to the University every twelve (12) months from the date on which the Data Transfer Risk Assessment was first provided, unless otherwise requested by the University (acting reasonably), and shall provide the University with its updated assessment.

• In the absence of any applicable exception, undertake a Transfer Risk Assessment, Identify and apply an appropriate safeguard (e.g. IDTA – International Data Transfer Agreement; UK Addendum - to replace existing EU standards contractual clauses which are no longer valid after 21.03.24; UK binding corporate rules, ICO approved contract clauses).

• The Supplier shall review and update such Data Transfer Risk Assessment every two (2) years, unless otherwise requested by the University (acting reasonably).

• The Supplier confirms it has provided the University with a copy of its Data Transfer Risk Assessment in relation to each of the Approved Transfers.

• Transfer Risk Assessment or TRA If the service involves international transfers for the processing of data outside of the UK, EU or Adequate Country then additional measures will need to be undertaken.

• Partner will make best efforts to provide Entrust with relevant information and cooperate with Entrust in performing any Transfer Risk Assessment required to ensure compliance with this DPA, including the EU Standard Contractual Clauses attached to this DPA.

• Transfer Risk from Your Organization to ▇▇▇▇▇▇▇ Controls: We assume the risk in the form of a first party guarantee.

• For SCN's related to the change in manufacturing location, the SQE or equivalent must complete the Supplier Internal Transfer Risk Assessment Tool, 7.4.2-02F, as a guideline to decide if the transfer should be completed through the eNPI process.

More Definitions of transfer risk

transfer risk means the failure to pay in whole or part a scheduled installment of principal or interest due under a Credit Agreement or a Note that is directly and primarily caused by (i) the inability of the Borrower and the Guarantors, if any, to obtain U.S. Dollars in a lawful market of the Borrower’s Country, or (ii) the inability of the Borrower and the Guarantors, if any, to effect the transfer of U.S. Dollars lawfully obtained directly or indirectly to the Lender in the United States; provided that in either case (A) if the Borrower or any Guarantor, as the case may be, is a Non-Bank Obligor, such Borrower or Guarantor has made a Local Currency Deposit or (B) if the Borrower or any Guarantor, as the case may be, is a Bank Obligor, such Borrower or Guarantor has made a Timely Currency Application; provided further such Local Currency Deposit or Timely Currency Application, as the case may be, shall not be required if a Governmental Authority or other civilian or military authority in de facto control of the Borrower’s Country has applied or imposed any law, order, decree, or regulation having the force of law that prevents such Local Currency Deposit or Timely Currency Application, as the case may 7 Commitment fees, bank letter of credit fees, and other recurring bank fees are not financeable under the Credit. be, from being made. For the avoidance of doubt, Transfer Risk shall not include or cover a devaluation, revaluation or fluctuation of any other kind in the value of any currency.

transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor. [Reg. K, 68 FR 1159, Jan. 9, 2003] (a) Establishment of Allocated Transfer Risk Reserve. A banking institution shall establish an allocated transfer risk reserve (ATRR) for specified inter- national assets when required by the Board in accordance with this section. (b) Procedures and standards—

transfer risk means the risk that a Government will impose restrictions on the

transfer risk means the risk that a borrower may not be able to secure foreign

transfer risk shall have the meaning set forth in Section 4.02(b). “U.S.” or “United States” shall mean the United States of America.