Asset Based Allocation definition

Asset Based Allocation means the method for asset based allocations (as set out in these Elementary Clearing Model Provisions, including but not limited to Number 4.4.2) of Eligible Margin Assets allocated the Internal Proprietary Margin Account and the relevant Internal Omnibus Margin Account(s). 4.4.1 Value Based Allocation In case the Value Based Allocation is the Applicable Allocation Method, the following applies: 4.4.1.1 Eligible Margin Assets and Redelivery Claims for Margin that represent the relevant Margin Share of all Eligible Margin Assets that have been actually delivered as Margin by the Clearing Member with respect to ECM Transactions (other than ECM CASS Transactions) are continuously allocated to the Internal Proprietary Margin Account and the Internal Omnibus Margin Account such that
Sample 1Sample 2Sample 3
Asset Based Allocation means the method for allocations set out in these Elementary Clearing Model Provisions including, but not limited to Number 4.2.2 that applies if the Asset Based Allocation is the Applicable Allocation Method.
Sample 1Sample 2
Asset Based Allocation means the method for allocations set out in these ElementaryClearing Model Provisions including, but not limited to Number 4.2.2 that applies if the AssetBased Allocation is the Applicable Allocation Method.
Sample 1

Examples of Asset Based Allocation in a sentence

  • If one or more German Omnibus Pledged Securities Accounts have been established pursuant to Clause 2.1.1, in order to provide Omnibus Margin if the Asset Based Allocation is the Applicable Allocation Method, in accordance with Chapter I Part 1 Number 3 and Part 2 Subpart A Number 4 of the Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG all securities which are at present or are in the future deposited in any such German Omnibus Pledged Securities Account(s).

  • For the purposes of the Elementary Clearing Model Provisions, the Applicable Allocation Method shall be the Value Based Allocation, unless the Clearing Member elects the Asset Based Allocation: □ The Asset Based Allocation shall apply.

  • Value Based Allocation shall not be available and accordingly the Asset Based Allocation shall apply regardless of whether so elected above, if the Clearing Member entered into this Clearing Agreement on or after 17 June 2019 (i) in relation to a Direct Clearing License for OTC IRS only, or (ii) where Eurex Clearing has specified that the Clearing Member may not clear client related transactions under the Elementary Clearing Model Provisions.

  • As part of the transition period, the following three measures will have an impact on Clearing Members: • Switch to ECM Asset Based Allocation Method: The Elementary Clearing Model (ECM) by Asset Allocation Method will become the standard omnibus segregation.

  • A Clearing Member using the Asset Based Allocation Method may set up multiple Elementary Omnibus Standard Agreements and thus establish multiple omnibus collateral pools.

  • Asset Based Allocation means that the Clearing Member has to specify whether any cash collateral shall constitute margin for the Elementary Proprietary Standard Agreement or an Elementary Omnibus Standard Agreement.

  • The Value Based Allocation applies unless the Clearing Member maintains several Elementary Omnibus Standard Agreements or has opted for the Asset Based Allocation.

  • The ECM provides for two margin allocation methods, the Value Based Allocation and the Asset Based Allocation.

  • For the purposes of the Elementary Clearing Model Provisions , the Applicable Allocation Method shall (subject to the last Paragraph in this Number 2 below) be the Value Based Allocation, unless the Clearing Member elects the Asset Based Allocation: □ The Asset Based Allocation shall apply.

  • Eurex Clearing intends to end the offering of the Value Based Allocation Method under the Elementary Clearing Model.Clearing Members who will be admitted after 28 January 2019 are required to on-board under the Asset Based Allocation Method.

Related to Asset Based Allocation

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Treasury Bills, which may be held without limit:

  • Final Allocation has the meaning set forth in Section 2.3.

  • Qualified Allocation Plan or “QAP” means this Qualified Allocation Plan, which was adopted by Board Action on October 17, 2012 and made effective as of January 1, 2013, and which was approved by the Governor of the State of New Mexico pursuant to Section 42(m)(1)(B) of the Code and sets forth the Project Selection Criteria and the preferences for Projects which will receive Tax Credits.

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Loss Allocation Limitation As defined in Section 4.4(g).

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Reais Allocation Date means, with respect of any Reais Transfer Date, the Business Day which is immediately prior to such Reais Transfer Date.

  • Allocation has the meaning set forth in Section 3.3.

  • Excess Additional Book Basis has the meaning given such term in the definition of “Additional Book Basis Derivative Items.”

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Allocation Area means that part of a redevelopment project area to which an allocation provision of a declaratory resolution adopted under section 15 of this chapter refers for purposes of distribution and allocation of property taxes.

  • REMIC I Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Excess Contribution With respect to any Plan Year, the excess of: (a) the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over (b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).

  • REMIC II Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC II Remittance Rate for REMIC II Regular Interest AA minus the Marker Rate, divided by (b) 12.