Clearing Agreement definition

Clearing Agreement means Clearing, Settlement and Sponsorship Services Agreement by and between the Borrower and Fifth Third Bank dated as of June 30, 2009, as the same may be amended, modified, supplemented, restated or amended and restated from time to time.

Clearing Agreement means in relation to Client Clearing Business entered into bya Clearing Member in respect of any Service, suitable contractual arrangements between the Clearing Member and its Clearing Client in relation to the relevant Client Clearing Service"Clearing Client"means any RepoClear Clearing Client, SwapClear Clearing Client, EquityClear Clearing Client, ForexClear Clearing Client or Listed Interest Rates Clearing Client."Clearing House"means LCH Limited whose registered office is located at Aldgate House, 33 Aldgate High Street, London EC3N 1EA, United Kingdom"Clearing House Applied Collateral"means, in respect of an account of a Clearing Member, any cash Collateral provided by the Clearing House in respect of which the Clearing Member's obligation to return such Collateral has been discharged pursuant to the Rulebook by means of that return obligation having been set-off against an obligation owed by the Clearing House to that Clearing Member, as contemplated by Regulation 20(w)"Clearing House Current Collateral Balance"means, in respect of an account of a Clearing Member, all cash Collateral which has been transferred by the Clearing House to that Clearing Member (or which would, but for the application of Regulation 57 or another comparable payment netting provision applying in the ordinary course of business, have been transferred by the Clearing House to that Clearing Member) on account of the Clearing House's variation margin obligations relating to the relevant account pursuant to the Rulebook, less any Clearing House Applied Collateral and any Clearing House Returned Collateral in relation to that account; provided that any amounts transferred by the Clearing House to the Clearing Member for the purpose of settling an obligation in respect of daily settlement amounts pursuant to Regulation 23(c) or an obligation arising pursuant to a SwapClear STM Contract or a ForexClear STM Contract which is due and payable do not form part of the Clearing House Current Collateral Balance“Clearing House Data”means the data or data products (or any part of such) made available by or on behalf of the Clearing House or any of its group undertakings, which shall include any or derived data created or developed based on or as a result of such data or data products

Clearing Agreement means an agreement under which a Clearing Memberundertakes on the terms of the Rules to clear and accept liability for any Contract made on the Market pursuant to Rule B.10 by another Member;

Examples of Clearing Agreement in a sentence

• SwapClear Dealers who wish to change their SCM will be required to execute a new SwapClear Dealer Clearing Agreement with their intended new SCM.

• SwapClear Dealers are not Clearing Members but have met the criteria for registration as a SwapClear Dealer and have entered into a SwapClear Dealer Clearing Agreement with an SCM and the Clearing House.

• Following the receipt of a notice to terminate given by the SCM, the Clearing House will notify all SwapClear Clearing Members and SwapClear Dealers that the relevant SD is no longer able to submit SwapClear Transactions for registration until that SD enters into another SwapClear Dealer Clearing Agreement and resumes its place in the Register of SwapClear Dealers.

• Suspension of a General Clearing Member at the request of the Clearing Member is only possible and takes force on the date when the Clearing of the Non-clearing Members is provided for by some other General Clearing Member or if the Clearing Agreement concluded with the Non-clearing Member was terminated and the General Clearing Member announced this fact to KELER CCP.

• FXDs are not FXCCMs, but have met the criteria for registration as a FXD and have entered into a ForexClear Dealer Clearing Agreement with an FXCCM and the Clearing House.

More Definitions of Clearing Agreement

Clearing Agreement means the agreement referred to in article 4.8.1 which is to be entered into between a General Clearing Participant and a Trading Participant;

Clearing Agreement means in relation to Client Clearing Business entered into by a Clearing Member in respect of any Service, suitable contractual arrangements between the Clearing Member and its Clearing Client in relation to the relevant Client Clearing Service

Clearing Agreement means a written agreement between an NCCCP and a GCP made pursuant to Rule 4001 or between a Special Participant and a China Connect Clearing House made pursuant to Rule 4205;

Clearing Agreement means in relation to Client Clearing Business entered into by

Clearing Agreement means any agreement, contract or other arrangement between or among the Borrower or any other Loan Party and any broker, dealer, clearing firm, clearing organization, or other Person governing, evidencing or relating to the purchase, sale, brokering, trading, clearing and/or settlement of or the provision of margin or other collateral for any securities transactions by, for, in the name of or on behalf of any customer or other third party.

Clearing Agreement means a written agreement entered into between a clearing member and a trading member in terms of which the trading member guarantees to the clearing member the performance of the obligations arising out of the positions of the trading member and the clients of the trading member;

Clearing Agreement means the agreement between CESL and Xxxxx and Co, or an Affiliate Company successor, where Xxxxx and Co or an Affiliate Company successor has agreed to provide clearing, settlement and other services to CESL and its clients.