Buyer Clearing Member definition

Buyer Clearing Member means, in relation to a Contract to which the Clearing House is party, the long Clearing Member.
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Examples of Buyer Clearing Member in a sentence

  • Ukoliko krivulja ide prvo desno pa se tek onda penje prema gore, krivulja onda ne valja, te onda ni točnost neće biti dobra, što bi značilo da je potrebno promijeniti parametre kao što je npr.

  • The Buyer Clearing Member shall notify, by e-mail or fax, the Seller Clearing Member who shall in turn notify the Selling Customer.

  • Oil (B/L Details), the Selling Customer shall provide a copy of such B/L Details by e-mail or fax to the Buying Customer (who will in turn provide a copy to the Buyer Clearing Member), the Seller Clearing Member and the Exchange.

  • Notice) to the Buyer Clearing Member and Seller Clearing Member matched to the Party that gave the Notice.

  • A Buyer Clearing Member shall promptly cooperate with any requests for information made by the Clearing House to resolve a retention of title arising pursuant to this Rule 23 (Reservation of Title on Buying Contracts), including providing information on the Buyer Clearing Members' Client(s) or GCM Prop client(s) to whom the affected Securities relate.

  • A Seller Clearing Member or Buyer Clearing Member found by the Panel to have Failed to Perform other than as a result of a Force Majeure EventDeleted: be assessedDeleted: Clearing HouseFormatted: Justified, Numbered + Level: 1 + Numbering Style: 1, 2, 3,… + Start at: 1 + Alignment: Left + Aligned at: 0.5" + Tab after: 0" + Indent at: 1"total contract value (as determined pursuant to Rule 10.4) of the Contract(s) in respect of Deleted: nowhich it has Failed to Perform; andDeleted: Contract ValueDeleted: .

  • On the following Business Day, unless the Buyer Clearing Member or Buying Customer have notified the Clearing House that the Seller has Failed to Perform, the Clearing House shall liquidate the margins held and, when liquidation is complete, shall pay the Seller Clearing Member, which shall pay the Selling Customer.

  • A delivery so made shall be considered complete upon written notification by the Seller Clearing Member and Buyer Clearing Member to the Clearing House.

  • Deleted: parties Deleted: the Deleted: Petroleum Deleted: OPDC Deleted:Deleted: The Seller Clearing Member and Buyer Clearing Member may togetherFormatted: Complex Script Font: Arial, 12 ptDeleted: (Deleted: ) to the OPDC by written request.

  • Where payment has been received, the Seller Clearing Member shall deliver a notice of payment to the Buyer Clearing Member with a copy to the Clearing House not later than the Business Day following the date payment is made.

Related to Buyer Clearing Member

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Exchanging Member means a Member that Exchanges some or all of its Units.

  • Global warming potential means how much a given mass of a chemical contributes to global warming over a given time period compared to the same mass of carbon dioxide. Carbon dioxide's global warming potential is defined as 1.0.

  • Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.

  • Recognised Clearing System means any clearing system listed in Section 246A of the Taxes Act (including, but not limited to, Euroclear, Clearstream Banking AG, Clearstream Banking SA and CREST) or any other system for clearing shares which is designated for the purposes of Chapter 1A in Part 27 of the Taxes Act, by the Irish Revenue Commissioners, as a recognised clearing system.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Approved Clearing Agency means any other domestic clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934 which acts as a securities depository but only if the Custodian has received a certified copy of a resolution of the Board approving such clearing agency as a securities depository for the Trust.

  • Relevant Clearing System means (i) Euroclear, (ii) Clearstream, Luxembourg, or (iii) any other recognised clearing system in which ETP Securities of a Series may be cleared.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Transferring Member has the meaning set forth in Section 9.4.

  • Trading Partner means any external computer interoperating with a Licensed Component through one or more protocols, one or more networks, or one or more adapters;

  • Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.

  • Exchanging Partner has the meaning provided in Section 8.05(a) hereof.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Tax Matters Person Certificate The Class A-R Certificate with a Denomination of $0.01.

  • Regulation S Permanent Global Security means a permanent global Security in the form of Exhibit A hereto bearing the Global Security Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination equal to the outstanding principal amount of the Regulation S Temporary Global Security upon expiration of the Restricted Period.

  • Restricted Global Security As defined in Section 3.01(c).

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Redeeming Member has the meaning set forth in Section 11.01(a).

  • Contributing Member shall have the meaning set forth in Section 3.2(b).

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Qualified Intermediary means any Person acting as a “qualified intermediary” for BMW FS’s Like-Kind Exchange Program pursuant to Section 1.1031(k)-1(g)(4) of the Treasury Regulations promulgated under the Code.

  • Tax Matters Person Any person designated as "tax matters person" in accordance with Section 5.06 and the manner provided under Treasury Regulation ss. 1.860F-4(d) and Treasury Regulation ss. 301.6231(a)(7)-1.

  • Global Warrant means a Warrant in the form of a permanent global Warrant Certificate, in definitive, fully registered form.

  • Clearing Firm or “Clearing Member” means an entity or individual meeting the requirements of, and approved for, clearing membership at the Clearing House that is authorized pursuant to the Clearing House Rules to clear trades in any or all of the Contracts and that meets the qualification of the Exchange pursuant to Rule 902. A Clearing Firm is authorized to access Eris Exchange to effect transactions. A Clearing Firm may trade for its own proprietary account or an account on behalf of its Customer (e.g., as a broker). A Clearing Firm may trade on behalf of a Customer with an account at a different Clearing Firm acting as a broker or performing an equivalent agency function. The different Clearing Firm is responsible for approving the Clearing Firm for such Customers pursuant to a Clearing Participant Letter of Guarantee. The term “Clearing Firm” collectively refers to all Authorized Traders of a Clearing Firm authorized to utilize Eris Exchange.