Agreed CCP definition

Agreed CCP means any central counterparty clearing organisation agreed between you and us to be an Agreed CCP from time to time;
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Agreed CCP means any central counterparty clearing organisation elected by the Firm to be an Agreed CCP and communicated to the Client from time to time;
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Examples of Agreed CCP in a sentence

  • If an Agreed CCP or Clearing Member does not accept a transaction for clearing, the Firm will notify the Client promptly and the Firm will have no obligation under this Agreement or otherwise (and, in particular, no obligation in respect of any Loss which may arise as a result of any interval before notification of non-acceptance is made) to the Client in respect of the transaction.

  • Any modification to the terms of a Supplementary Annex pursuant to the Rule Set of the relevant Agreed CCP will be deemed to be made to such Supplementary Annex with immediate effect.

  • If the Firm receives a termination amount in respect of terminated Firm/CCP Transactions for the account of clients, the Firm will allocate that amount between the Client and other clients of the Firm in relation to the relevant Agreed CCP Service in its discretion.

  • Any such action taken by the Firm is binding on the Client (including, in relation to any default or insolvency of the Clearing Member, electing to close out, transfer or take advantage of any available arrangements to continue any Agreed CCP Transactions making use of alternative clearing arrangements).

  • The Clearing Agreement only governs Client Transactions, i.e. Transactions cleared via an Agreed CCP.

  • The Direct Client agrees to be bound by and comply with the Mandatory CCP Provisions of each Agreed CCP Service.

  • To the extent of any inconsistency between the provisions of this Appendix 2 and the other provisions of the Agreement, the Module and the Module Annex, this Appendix 2 will prevail for the purposes of the Client Transactions where Eurex Clearing AG is the Agreed CCP and the ICM-CCD is the Agreed CCP Service only.

  • If a payment made by an Agreed CCP to Clearing Member under a CM/CCP Transaction is subject to a Tax Deduction, then the amount of the corresponding payment which Clearing Member shall make to Client under the Client Transaction shall be equal to the amount received by Clearing Member net of such Tax Deduction.

  • References in this Appendix 2 to (i) Eurex Clearing AG and to the ICM-CCD are in their capacities as an Agreed CCP and an Agreed CCP Service, respectively, and (ii) Firm/CCP Transactions are to Firm/CCP Transactions relating to the Client Transactions in the Cleared Transaction Set relating to Eurex Clearing AG and the ICM-CCD.

  • Unless otherwise stated in a Supplementary Annex, in the event of a conflict between the provision of a Supplementary Annex and the Direct Client Clearing Arrangement, the provisions of the Supplementary Annex will prevail in relation to Agreed Clearing Member Transactions and the relevant Agreed CCP.

Related to Agreed CCP

  • Agreed Claims shall have the meaning set forth in Section 8.6(c).

  • Commercial use request means a re- quest from or on behalf of one who seeks information for a use or purpose that furthers the commercial, trade, or profit interests of the requester or the person on whose behalf the request is made.

  • Permanent Supportive Housing means voluntary, flexible supports to help individuals with psychiatric disabilities choose, get, and keep housing that is decent, safe, affordable, and integrated into the community. Tenants have access to an array of services that help them keep their housing, such as case management, assistance with daily activities, conflict resolution, and crisis response consistent with evidence-based practice standards published by the Substance Abuse and Mental Health Services Administration.

  • Commercial project means any project, including, but not

  • Project Management Unit and “PMU” each means the Recipient’s unit responsible for the implementation of its Respective Part of the Project referred to in Section I.A.2 of Schedule 2 to this Agreement.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • S&P CDO Monitor The dynamic, analytical computer model developed by S&P and used to calculate the default frequency in terms of the amount of debt assumed to default as a percentage of the original principal amount of the Collateral Obligations consistent with a specified benchmark rating level based upon certain assumptions (including the applicable S&P Minimum Weighted Average Recovery Rate) and S&P’s proprietary corporate default studies, as may be amended by S&P from time to time upon notice to the Issuer, the Trustee, the Collateral Manager and the Collateral Administrator. Each S&P CDO Monitor will be chosen by the Collateral Manager (with notice to the Collateral Administrator) and associated with either (x) an S&P Minimum Weighted Average Recovery Rate and an S&P Minimum Weighted Average Floating Spread from Section 2 of Schedule 4 or (y) an S&P Minimum Weighted Average Recovery Rate and an S&P Minimum Weighted Average Floating Spread confirmed by S&P, provided that as of any date of determination the Weighted Average S&P Recovery Rate for the Highest Ranking Class equals or exceeds the S&P Minimum Weighted Average Recovery Rate for such Class chosen by the Collateral Manager and the Weighted Average Floating Spread equals or exceeds the S&P Minimum Weighted Average Floating Spread chosen by the Collateral Manager. The model version of the S&P CDO Monitor is available at xxxxx://xxx.xx.xxxxxxxxxxxxxx.xxx.

  • Project Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.2 of Exhibit B to the ITP.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

  • Multiphase professional services contract means a contract for the providing of professional

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Connectivity App(s means any integration technology whose primary function is to directly connect disparate applications to enable the direct communication and/or management of data between such disparate applications by/through such integration technology.

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • agreed services means scheduled international air services on the route(s) specified in the Annex to this Agreement for the transport of passengers, baggage, cargo and mail;

  • Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co-ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Residential Project means a redevelopment project that is

  • Commencement of Commercial Production means: (i) if a mill is located on the Property, the last day of a period of 40 consecutive days in which, for not less than 30 days, the mill processed ore from the Property at 60% of its rated concentrating capacity; or (ii) if a mill is not located on the Property, the last day of a period of 30 consecutive days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues, but any period of time during which ore or concentrate is shipped from the Property for testing purposes, or during which milling operations are undertaken as initial tune-up, shall not be taken into account in determining the date of Commencement of Commercial Production;

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “interest period,” timing and frequency of determining Three-Month Term SOFR with respect to each interest period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Calculation Agent decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Calculation Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Calculation Agent determines is reasonably necessary).

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

  • Approved clinical trial means a phase I, phase II, phase III, or phase IV clinical trial that is conducted in relation to the prevention, detection, or treatment of cancer or other life-threatening disease or Condition and is described in any of the following: