Counter party definition

Counter party means the other party with whom a Member has entered into a trade.
Counter party means the constituent entity providing the credit.
Counter party means a party on either side of a financial transaction;

Examples of Counter party in a sentence

  • The Counterparty shall inform the Supplier in writing of an imminent breach of confidentiality or a violation of the confidentiality obligation or an already found breach of when the Counter- party is suspected of this.

  • Changes or additions to the original contract of any nature whatsoever made by the Counter- party in oral or written form which have been accepted by the Supplier in accordance with the provisions of Article 2 and result in higher costs than estimated in the price quotation, shall be charged to the Counterparty.

  • The Counter- party shall be required to carefully keep the delivered wrong goods.

  • If these changes are communicated orally, the risk of any shortcoming in the implementation of the changes shall be for the account of the Counter- party.

  • The Sup- plier shall in the event of force majeure not be held to compensate any damages to the Counter- party.


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 any person other than Defendants who enters into a Tolling Contract.
Counter party means, at any time and in respect of any Hedging Agreement, the counter-party of any member of the Group party to such Hedging Agreement at such time.
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 means any Person that is a party with Seller (including its predecessors) to an Assumed Contracts. “Crewman Agreement” means a Crewman Agreement substantially in the form of Exhibit B.
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.