Securities Lending Counterparty definition

Securities Lending Counterparty means Crédit Agricole Corporate and Investment Bank, in its capacity as counterparty under the Securities Lending Agreement, unless specified otherwise in the Applicable Transaction Terms;

Securities Lending Counterparty means any bank, broker-dealer or other financial institution (other than an insurance company) that has:

Securities Lending Counterparty means any bank, insurance company, broker-dealer or other financial institution meeting the Minimum Counterparty Rating of or in respect of whose identity Rating Agency Confirmation is received from, each Rating Agency to be a borrower under a Securities Lending Agreement;

Examples of Securities Lending Counterparty in a sentence

• In such circumstances, the Custodian has agreed to exercise such rights (at the cost of the Securities Lending Counterparty) in such manner as the Securities Lending Counterparty may direct.

• All references in the Conditions to Swap Agreement and Counterparty shall be construed (except to the extent provided below or otherwise modified by or expressly stated in these Terms) as references to both the Swap Agreement and the Securities Lending Agreement and both the Counterparty and the Securities Lending Counterparty, respectively.

• The proceeds of redemption of any Collateral comprised in the Charged Assets shall be paid by the Issuer to the Securities Lending Counterparty pursuant to the Securities Lending Agreement.

• The Trust Deed in respect of this Series of Notes provides for the automatic release of the Security Interests created over the Charged Assets to the extent that any Obligations or Equivalent Collateral (as defined in the Securities Lending Agreement) comprised in the Charged Assets are required to be delivered or repaid to the Securities Lending Counterparty.

• Pursuant to the Securities Lending Agreement, the Securities Lending Counterparty has the right to borrow Obligations comprised in the Charged Assets from the Issuer and, if such right is exercised, has the obligation to deliver to or deposit Collateral with the Issuer (which Collateral shall comprise Charged Assets in respect of this Series of Notes – see paragraph 25 above), subject to and in accordance with the terms of the Securities Lending Agreement.

More Definitions of Securities Lending Counterparty

Securities Lending Counterparty means any counterparty to a Securities Lending Agreement with the Issuer with a short-term debt rating or a guarantor with such rating of at least "P-1" from Moody’s and "A1+" from S&P and a long-term rating of at least "A1" from Moody’s provided that such counterparty has the regulatory capacity to enter into securities transactions with Dutch residents.

Securities Lending Counterparty means any counterparty to a Securities Lending Agreement with the Issuer in respect of which Rating Agency Confirmation is obtained.

Securities Lending Counterparty means any bank, insurance company, broker-dealer or other financial institution for which Rating Agency Confirmation has been received or that has:

Securities Lending Counterparty means any counterparty to a Securities Lending Agreement with the Issuer which satisfies the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement) and which has the regulatory capacity as a matter of Dutch law to perform securities services with residents of The Netherlands.

Securities Lending Counterparty means any bank, insurance company, broker-dealer or other financial institution which is specifically approved by each Rating Agency or that has (i) in the case of a loan with a term of 90 days or less, short-term senior unsecured debt ratings or a guarantor with such ratings of "P-1" from Moody's and "A-1+" from S&P, (ii) in the case of a loan with a term of longer than 90 days but less than a year,

Securities Lending Counterparty means any counterparty to a Securities Lending Agreement with the Issuer in respect of which Rating Agency Confirmation has been received and which has, where required, the regulatory capacity as a matter of Dutch law to enter into securities lending transactions with Dutch residents.

Securities Lending Counterparty means any Person that, at the time it enters into a Securities Lending Agreement, meets the applicable Rating Requirements and the requirements of each Rating Agency or has been specifically approved by each Rating Agency to be a borrower under a Securities Lending Agreement.