Applicable Intermediary definition

Applicable Intermediary means an affiliate of Intermediary that is (i) any broker, dealer, bank or other entity that holds securities of record issued by a Fund in nominee name; and (ii) in the case of a participant-directed employee benefit plan that owns securities issued by a Fund, (1) a retirement plan administrator under the Employee Retirement Income Security Act of 1974, or (2) any entity that maintains the plan's participant records. In the event that any such person is not so identified, such person shall be deemed to be subject to the terms and conditions of this Agreement until such person has entered into a separate agreement with NBMI.
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Applicable Intermediary means, with respect to any Aircraft, the Eligible Intermediary that has leased such Aircraft from the applicable Aircraft Owning Entity or Owner Trustee, and has subleased such Aircraft to an Applicable Carrier.
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Applicable Intermediary means, with respect to any Financed Eligible Asset, the Eligible Intermediary that has leased such Eligible Asset from the Applicable Borrower, and has leased such Eligible Asset to the Applicable Carrier, in each case in accordance with Section 2.15.
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Examples of Applicable Intermediary in a sentence

  • The term "Applicable Intermediary" shall mean an affiliate of Intermediary that is (i) any broker, dealer, bank or other entity that holds securities of record issued by a Fund in nominee name; and (ii) in the case of a participant-directed employee benefit plan that owns securities issued by a Fund, (1) a retirement plan administrator under the Employee Retirement Income Security Act of 1974, or (2) any entity that maintains the plan's participant records.

  • The Intermediary acknowledges and agrees that the Intermediary has identified and/or will identify to NBMI all persons affiliated with the Intermediary and known to the Intermediary who meet the definition of "Applicable Intermediary" as set forth in Section 4 herein.

  • In addition, the Borrower shall not take any affirmative action which would cause it, or any Borrower Subsidiary (other than an Applicable Intermediary that must be a tax resident in a country other than Ireland for purposes of eliminating or minimizing withholding or similar taxes with respect to lease payments to be paid by a Lessee (an “Exempted Applicable Intermediary”)) to no longer be a tax resident in Ireland.

  • Any amount so retained will be freely available for use by the relevant Aircraft Owning Entity or Applicable Intermediary, as the case may be.

  • Ensure that if any maintenance reserve or other reserve with respect to any Financed Aircraft or Engine is required to be deposited with, or for the benefit of, any Credit Party by any Applicable Carrier or Applicable Intermediary pursuant to any lease, Carrier Loan Document or otherwise, such reserve shall be maintained in an account at NationsBank.

  • Each of the Borrower and each Borrower Subsidiary has only one jurisdiction of formation, incorporation, or organization, except that each of Avolon, the Borrower, each of the Aircraft Owning Entities and each Applicable Intermediary (other than an Exempted Applicable Intermediary) is a resident of Ireland for tax purposes.

  • The Borrower shall take all affirmative action which are needed to cause it, or any Borrower Subsidiary (other than an Exempted Applicable Intermediary) to be tax resident in Ireland.


More Definitions of Applicable Intermediary

Applicable Intermediary. “is a Person in which the Borrower owns, whether directly or indirectly, all of the Equity Interests...”; and
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Applicable Intermediary means a Person that (i) has leased an Aircraft from the applicable Aircraft Owning Entity or Owner Trustee, and has subleased such Aircraft to an Applicable Carrier, (ii) is an entity with Organizational Documents and Operating Documents which contain limitations on purpose and other bankruptcy remoteness provisions satisfactory to the Administrative Agent, (iii) is a Person in which the Borrower owns, whether directly or indirectly, all of the Equity Interests and (iv) is incorporated or organized under the laws of, and domiciled in, an Approved Country or another jurisdiction approved by the Class A Requisite Lenders.
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Related to Applicable Intermediary

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • Financial Intermediary means a financial intermediary as that term is defined in Rule 22c-2.

  • insurance intermediary means any natural or legal person, other than an insurance or reinsurance undertaking or their employees and other than an ancillary insurance intermediary, who, for remuneration, takes up or pursues the activity of insurance distribution;

  • Fiscal Intermediary means any qualified insurance company or other Person that has entered into an ongoing relationship with any Governmental Authority to make payments to payees under Medicare, Medicaid or any other federal, state or local public health care or medical assistance program pursuant to any of the Health Care Laws.

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Control Account Agreement.