Clearing Business definition

Clearing Business has the meaning set forth in Section 7.2.
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Examples of Clearing Business in a sentence

  • The H account is obligatory, the C account will be used in respect of any SCM which engages in SwapClear Client Clearing Business.

  • The account types are: H for SwapClear Clearing House Business; and C for SwapClear Client Clearing Business.

  • A SwapClear Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • An FXCCM may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • If an SCM engages in SwapClear Client Clearing Business, the Clearing House will maintain a client "C" position-keeping account and a client "C" collateral account for such SCM, which may have any number of segregated sub- accounts.

  • An SCM's position and financial information are further identified by position-keeping accounts corresponding to a single character code: C for SwapClear Client Clearing Business and H for SwapClear Clearing House Business.

  • An EquityClear Clearing Member may request that the Clearing House opens one or more Proprietary Accounts in respect of its House Clearing Business.

  • The Rates Service Default Management Process in respect of Rates Service Clearing House Business, Relevant Auction Contracts in respect of Rates Service Client Clearing Business and FCM SwapClear House Business shall involve the processes described in this Rule 2.

  • If an FXCCM engages in ForexClear Client Clearing Business, the Clearing House will maintain a client "C" position-keeping account and a client "C" collateral account for such FXCCM, which may have any number of segregated sub-accounts.

  • The H account is obligatory, the C account will be used in respect of any RCM which engages in RepoClear Client Clearing Business.

Related to Clearing Business

  • banking business means the business of accepting deposits withdrawable or repayable on demand or after a fixed period or after notice and the employment of those deposits, in whole or in part, by lending or any other means for the account and at the risk of the person accepting the deposits;

  • Doing business means engaging in any activity, whether legal or illegal, that is conducted

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.

  • Banking Business Day means any day other than a Saturday or Sunday that is not a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close.

  • Remaining Business means all IAC Businesses other than the Spun Businesses.

  • Separate Business means each of the activities of the Licensee connected

  • Surviving Business Entity has the meaning assigned to such term in Section 14.2(b).

  • Active business operations means all business operations that are not inactive business operations.

  • Competitive Business Activity means:

  • Indirect services means special education services provided by a special education teacher which include ongoing progress reviews; cooperative planning; consultation; demonstration teaching; modification and adaptation of the environment, curriculum, materials, or equipment; and direct contact with children with disabilities to monitor and observe.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Direct filtration means a series of processes including coagulation and filtration but excluding sedimentation resulting in substantial particulate removal.

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.

  • Subject Business means the policy or policies that are

  • Competitive Business means any person or entity that engages in any business activity that competes with the Company’s business in any way, in any geographic area in which the Company engages in business, including, without limitation, any state in the United States in which the Company sells or offers to sell its products from time to time.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • Trust business means the business of acting as trustee, executor or administrator;

  • Company Business means the business of the Company as presently conducted.

  • investment services and activities means any of the services and activities listed in Section A of Annex I relating to any of the instruments listed in Section C of Annex I;

  • Direct services means special education services provided by a special education teacher when the services are related to instruction, including cooperative teaching.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Direct Competitor means any individual, partnership, corporation, limited liability company, association, or other group, however organized, who competes with the Company in the full service restaurant business.

  • Direct Load Control means load reduction that is controlled directly by the Curtailment Service Provider’s market operations center or its agent, in response to PJM instructions.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.