Base Deposit definition

Base Deposit. – means the minimum Clearing Fund deposit required of each Clearing Member pursuant to Section A-603.
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Base Deposit means the minimum Guaranty Fund deposit required of each Clearing Participant.
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Examples of Base Deposit in a sentence

  • Futures Clearing Base Deposit - $75,000 Money or equivalent value (as set out in Section A-608) of Government Securities acceptable to the Corporation and with less than 1 year to maturity.

  • Options Clearing Base Deposit - $25,000 Money or equivalent value (as set out in Section A-608) of Government Securities acceptable to the Corporation and with less than 1 year to maturity.

  • SECTION A-602 AMOUNT OF CLEARING FUNDS The Clearing Fund is constituted of the aggregate amount of the Clearing Fund deposits required by each Clearing Member at the close of each calendar month as Base Deposit and Variable Deposit.

  • Options Clearing Base Deposit• $25,000 Cash.(b) Futures Clearing Base Deposit• $75,000 Cash.(c) OTCI Clearing Base Deposit (other than Fixed Income Transactions)• $100,000 Cash.(d) Fixed Income Transactions Clearing Base Deposit• $1,000,000 Cash.(3) This Rule A-6 is not applicable to Limited Clearing Members.

  • A Clearing Member’s contribution is subject to a minimum floor (Base Deposit), which varies according to the Clearing Member’s type of activity. TheOn an intra-month basis, the Corporation monitors and controls the size of the Clearing Fund throughout the month and may adjust it upward between monthly re- evaluations.

  • Fixed Income Transactions Clearing Base Deposit- $1,000,000 Cash or equivalent value (as set out in Section A-608) of Acceptable Treasury Bills.

  • Goettel, Current developments in microbial control of insect pests and prospects for the early 21st century, Entomophaga, 40, pp.

  • SECTION A-602 AMOUNT OF CLEARING FUNDS The Clearing Fund is constituted of the aggregate amount of the Clearing Fund deposits required by each Clearing Members at the close of each calendar month as Base Deposit and Variable Deposit.

  • Futures Clearing Base Deposit- $75,000 Cash or equivalent value (as set out in Section A-608) of Acceptable Treasury Bills.

  • Futures Clearing Base Deposit- $75,000 Cash or equivalent value (as set out in Section A-608) of Acceptable Treasury Bills.c) OTCI Clearing Base Deposit(other than Fixed Income Transactions)- $100,000 Cash or equivalent value (as set out in Section A-608) of Acceptable Treasury Bills.d) Fixed Income Transactions Clearing Base Deposit- $1,000,000 Cash or equivalent value (as set out in Section A-608) of Acceptable Treasury Bills.

Related to Base Deposit

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • the Deposit means 10% of the Purchase Price;

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Available Reserve Account Amount means, for any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account (after taking into account any interest and earnings retained in the Reserve Account pursuant to Section 4.10(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.4(a)(ix) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.