Clearing Obligation definition

Clearing Obligation means an obligation imposed on a Clearing Participant under the Clearing Rules.
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Clearing Obligation means each and every obligation of any XX Xxxxxx Entity to you and of you to any XX Xxxxxx Entity in connection with any Clearing Transaction, or its acceleration, cancellation, termination or liquidation, whenever arising and whether fixed, liquidated, un-liquidated, matured, un- matured or contingent.
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Clearing Obligation means each and every obligation of any JP Morgan Entity to you and of you to any JP Morgan Entity in connection with any Clearing Transaction, or its acceleration, cancellation, termination or liquidation, whenever arising and whether fixed, liquidated, un-liquidated, matured, un- matured or contingent.
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Examples of Clearing Obligation in a sentence

  • Categories 1 and 4 CCPs have published the list of counterparties classified in Category 1 (see Section 1.3 of the Public Reg- ister on the Clearing Obligation).

  • October 2014|ESMA/2014/1185 Reply Form Reply form for the Consultation Paper On the Clearing Obligation under EMIR (no.

  • For the purposes of satisfying the Clearing Obligation, EMIR requires derivative counterparties to become clearing members of a CCP, a client of a clearing member or to otherwise establish indirect clearing arrangements with a clearing member.

  • Such OTC derivative contracts also need to be of a class of derivative which has been designated by ESMA as being subject to the Clearing Obligation.

  • The Clearing Obligation applies to FCPs and certain Non-FCPs which have positions in OTC derivative contracts exceeding specified 'clearing thresholds'.

  • Such requirements include, amongst other things, the mandatory clearing of certain OTC derivative contracts (the "Clearing Obligation") through an authorised central counterparty (a "CCP"), the reporting of OTC derivative contracts to a trade repository (the "Reporting Obligation") and certain risk mitigation requirements in relation to derivative contracts which are not centrally cleared.

  • Whereas FCs and NFC+ entities may be subject to the Clearing Obligation or, to the extent that the relevant swaps are not subject to clearing, to the collateral exchange obligation and the daily valuation obligation under the Risk Mitigation Requirements, such obligations do not apply in respect of NFC- entities.

  • If the Issuer's counterparty status as an NFC- changes then the Issuer may become subject to greater obligations under EU EMIR including the Clearing Obligation (as such term is defined below).

  • The main objective is to find out the origin of the Romanians living in Coslada and Roquetas de Mar (Spain).

  • In this regard, it should be noted that it is not clear that the Swap Transaction would constitute a type of OTC derivative contract that would be subject to the Clearing Obligation under the implementing measures made to date, if the Issuer were otherwise not exempt from the Clearing Obligation.


More Definitions of Clearing Obligation

Clearing Obligation means a clearing obligation in accordance with EMIR;
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Clearing Obligation means an obligation (including an obligation to pay money or deliver an asset) arising directly or indirectly from a Cash CCP Transaction or Derivatives CCP Contract and imposed on a Participant or ASX Clear, or both, under these Rules.
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Clearing Obligation means each and every obligation of any Bear Xxxxxxx entity to you and from you to any Bear Xxxxxxx entity in connection with any Clearing Transaction, or its acceleration, cancellation, termination or liquidation, whether arising hereunder, heretofore or hereafter or whether fixed, liquidated or contingent.
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Clearing Obligation means the obligation of counterparties referred to in Article 4, paragraph (1), item (a) of Regulation (EU) No 648/2012 to clear OTC derivatives that are subject to the clearing obligation in accordance with Article 4, paragraph (1) of Regulation (EU) No 648/2012
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Clearing Obligation means a clearing obliga- tion in accordance with EMIR;
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Related to Clearing Obligation

  • Clearing Agreement means Clearing, Settlement and Sponsorship Services Agreement by and between the Borrower and Fifth Third Bank dated as of July 27, 2016, as the same may be amended, modified, supplemented, restated, amended and restated or replaced from time to time.

  • Hedging Obligation of any Person means any obligation of such Person pursuant to any Interest Rate Agreement, Currency Exchange Protection Agreement, Commodity Price Protection Agreement or any other similar agreement or arrangement.

  • Existing Obligations means the “Obligations” as defined in the Existing Credit Agreement.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Clearing Agency means an organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.