Counter party definition

Counter party means the other party with whom a Member has entered into a trade.

Counter party means a party on either side of a financial transaction;

Counter party means the constituent entity providing the credit.

Examples of Counter party in a sentence

• The clearing and settlement risks viz., Counter party Credit Risk and Operational Risk are mitigated by CCIL thereby facilitating a smooth settlement process.

• At the end of three months, the following exchange will take place: Counter party 1 pays : compounded call rate for three months, say 9.90% Counter party 2 pays fixed rate: 10%In practice, however, the difference of the two amounts is settled.

• Counter party 2 will pay: Rs 5 Crores *0.10%* 91/365 = Rs. 12,465.75Thus the trade off for the Fund will be the difference in call rate and the fixed rate payment and this can vary with the call rates in the market.

• Let us assume the fixed rate decided was 10%At the end of three months, the following exchange will take place: Counter party 1 pays: compounded call rate for three months, say 9.90% Counter party 2 pays fixed rate: 10%In practice, however, the difference of the two amounts is settled.

• The Counter party further undertakes that it has not given, offered or promised to give directly or indirectly any bribe, gift, consideration, reward, favour, any material or immaterial benefit or other advantage, commission, fees, brokerage or inducement etc.

More Definitions of Counter party

Counter party means the opposite party to a financial transaction such as a securities trade or swap agreement,

Counter party means a bona fide third party engaging in a Triggering Transaction with the Company during the Participation Period.

Counter party means any person other than Defendants who enters into a Tolling Contract.

Counter party in the context of a Transaction means any Participant matching the Order of another Participant on the Platform for the completion of a Transaction. By way of example, when a Participant inserts a Transferor Order on the Secondary Market, the person that completes the Transaction with its Transferee Order shall be the Counter-Party and vice versa. On the Primary Market, any Participant matching, in part or in full, a Listing Order through a Bid, shall be the Counter-Party. Any Counter-Party that successfully bids on the Platform becomes a “Transferee”.

Counter party in these Terms and Conditions shall mean every (legal) person that enters into the agreement with MPEC either directly or through the intermediation of third parties. In Section II, this will be the customer of MPEC, and in Section III, this will be the supplier of MPEC.

Counter party means , registration number , a company duly registered and incorporated with limited liability in accordance with the laws of and incorporating its Subsidiaries and its Holding Company and each of their Subsidiaries and all of their respective Related companies, herein represented by Mr/s. in his/her capacity as director, s/he being duly authorised thereto;

Counter party means any Person that is a party with Seller (including its predecessors) to an Assumed Contracts.