Special Entities Clause Samples

The "Special Entities" clause defines and identifies parties that are subject to additional regulatory protections or requirements, typically due to their status under specific laws or regulations. In practice, this clause applies to entities such as governmental bodies, pension funds, or endowments, and may require the counterparty to make certain representations or adhere to extra compliance measures when dealing with these entities. Its core function is to ensure that transactions involving special entities are conducted in accordance with applicable legal standards, thereby reducing regulatory risk and ensuring proper treatment of protected parties.
Special Entities a. If CP is an employee benefit plan defined in Section 3 of ERISA that is not subject to Title I of ERISA, SD hereby notifies Counterparty of its right to elect to be treated as a special entity pursuant to CFTC Rule 23.430(c).
Special Entities. 2.01 Commitments and Applicable Percentages 2.03 Existing Letters of Credit
Special Entities a. If Counterparty is an employee benefit plan defined in Section 3 of ERISA that is not subject to Title I of ERISA, (a) DBAG hereby notifies Counterparty of its right to elect to be treated as a special entity pursuant to CFTC Rule 23.430(c) and (b) DBAG hereby notifies Counterparty, pursuant to SEC Rule 15Fh-3(a), that Counterparty has the right to elect not to be treated as a special entity for purposes of transacting in SBS pursuant to SEC Rule 15Fh-2(d)(4).
Special Entities. Please indicate below with an “X” if you are any of the following:

Related to Special Entities

  • Entities To register an Account or use the Services, you must be an entity duly formed and legally authorized to operate in the jurisdiction of your formation (“Entity”). If you are registering to use the Zero Hash Services on behalf of a legal entity, you represent and warrant that (i) such legal entity is duly organized and validly existing under the Applicable Laws of the jurisdiction of its organization; and (ii) you are duly authorized by such legal entity to act on its behalf. You further represent and warrant that: (a) you are at least 18 years if age, (b) have not previously been suspended or removed from using the Zero Hash Services, and (c) have all powers and authority necessary to enter this agreement and in doing so will not violate any other agreement to which you are a party. Zero Hash is not responsible or liable for relying on the representations of your agents, employees, contractors, attorneys, financial advisors, or any other person Zero Hash reasonably believes represents you in the acceptance of this User Agreement or in the acceptance of any other instruction through the Platform or through the Zero Hash System.

  • Outside Activities of the Limited Partners Subject to the provisions of Section 7.5, which shall continue to be applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner.

  • Other Business Activities of the Note Holders Each Note Holder acknowledges that each other Note Holder or its Affiliates may make loans or otherwise extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any Affiliate thereof, any entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower or any entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower (each, a “Mortgage Loan Borrower Related Party”), and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

  • Public Entities If Contractor is a "public entity" within the meaning of the Colorado Governmental Immunity Act, §▇▇-▇▇-▇▇▇, et seq., C.R.S. (the “GIA”), Contractor shall maintain, in lieu of the liability insurance requirements stated above, at all times during the term of this Contract such liability insurance, by commercial policy or self-insurance, as is necessary to meet its liabilities under the GIA. If a Subcontractor is a public entity within the meaning of the GIA, Contractor shall ensure that the Subcontractor maintain at all times during the terms of this Contract, in lieu of the liability insurance requirements stated above, such liability insurance, by commercial policy or self-insurance, as is necessary to meet the Subcontractor’s obligations under the GIA.

  • Other Business Activities of the Holders Each Holder acknowledges that the other Holders may make loans or otherwise extend credit to, and generally engage in any kind of business with, any Borrower Party Affiliate, and receive payments on such other loans or extensions of credit to any Borrower Party Affiliate and otherwise act with respect thereto freely and without accountability, but only if none of the foregoing violate the Mortgage Loan Documents, in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.