Clearing House Returned Collateral definition
Clearing House Returned Collateral means, in respect of an account of a Clearing Member, any cash Collateral: (i) which a Clearing Member has returned to the Clearing House; or (ii) in respect of which the obligation to return such Collateral has been discharged as a result of the operation of Regulation 23(c) or as a result of the operation of Regulation 57 or another comparable payment netting provision applying in the ordinary course of business "Clearing House Prescribed Language" means, in relation to Client Clearing Business, the wording prescribed by the Clearing House for inclusion in the Clearing Agreements from time to time "Clearing Member Applied Collateral" means, in respect of an account of a Clearing Member: (i) any cash Collateral in respect of which the Clearing House'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 that Clearing Member to the Clearing House, as contemplated by Regulation 20(v); (ii) any cash Collateral in respect of which the Clearing House’s obligation to return such Collateral to a Custodial Segregated Client has been discharged by means of that return obligation having been set-off against an obligation owed by that Custodial Segregated Client to the Clearing House under the relevant Collateral Management Agreement and/or Client Charge; (iii) any cash Collateral that the Clearing House has applied in or towards discharge of the relevant obligations of the Clearing Member or a Custodial Segregated Client to the Clearing House pursuant to its powers under the relevant Client Charge; (iv) any cash Collateral that the Clearing House has applied in or towards discharge of the relevant obligations of the Clearing Member to the Clearing House pursuant to its powers under the relevant Deed of Charge; (v) any non-cash Collateral (including in the form of securities or gold) that has been appropriated and retained by the Clearing House pursuant to an exercise of its powers under a Deed of Charge or a Client Charge and applied in or towards discharge of the relevant obligations to the Clearing House; and (vi) any non-cash Collateral that has been sold or otherwise disposed of by theClearing House pursuant to an exercise of its powers under a Deed of Charge or Client Charge
Clearing House Returned Collateral means, in respect of an account of a Clearing Member, any cash Collateral: (i) which a Clearing Member has returned to the Clearing House; or (ii) in respect of which the obligation to return such Collateral has been discharged as a result of the operation of Regulation 23(c) or as a result of the operation of Regulation 57(d) or another comparable payment netting provision applying in the ordinary course of business