Clearing Fund definition

Clearing Fund means the fund established by that name pursuant to Section 3.03 hereof.
Clearing Fund. – means the fund established pursuant to Rule A-6 Clearing Fund Deposits. “Clearing Member” – means an applicant who has been admitted to membership in the Corporation.
Clearing Fund means the clearing fund set up pursuant to article 8; “Clearing Fund Cash Call” has the meaning as set out in article 8.6.1; “Clearing Fund Cash Call Total” has the meaning as set out in article 8.6.1;

Examples of Clearing Fund in a sentence

  • This Uncovered Residual Risk is calculated and attributed to Clearing Members through their Clearing Fund contribution.

  • Clearing Members and the Clearing House shall settle their obligations on a daily basis, as stipulated in the Internal Regulations of the Clearing House, incorporating in that settlement any premium agreed upon in the negotiation, re-calculation of Minimum Initial Contributions and the Clearing Fund, accrued interest and any fees due.

  • The proceeds from the sale of the Bonds shall be paid to the Trustee and deposited as follows (a) a sum equal to accrued interest, if any, shall be deposited in the Bond Fund and (b) the balance shall be deposited in the Clearing Fund.

  • The Clearing House may pay interest to each Clearing Participant on all cash balances held by the Clearing House for such Clearing Participant including the Security Deposit, Clearing Fund Contribution, and Direct Clearing Participant Deposit in the manner as the Clearing House determines.

  • Effective October 1, 2020, and in accordance with the implementation of GASB Statement No. 84, the Payroll Clearing Fund, previously reported as a Fiduciary Fund, was reclassified and reported in the General Fund.


More Definitions of Clearing Fund

Clearing Fund. – means the fund established pursuant to Rule A-6 Clearing Fund Deposits.
Clearing Fund means the clearing fund set up pursuant to article 8;
Clearing Fund means the fund created pursuant to Section 3.03 hereof.
Clearing Fund means the default fund that has been established by Cboe Clear for its Clearing services in accordance with article 42 EMIR.
Clearing Fund. The fund by that name created and established in Section 601 of the Indenture. "Code" -- The Internal Revenue Code of 1954, as heretofore amended (the "1954 Code"), and the Internal Revenue Code of 1986, as heretofore or hereafter amended (the "1986 Code"), as applicable.
Clearing Fund has the meaning given to it in the Clearing Rule Book.