Client Charge definition

Client Charge means a deed of charge entered into between a CustodialSegregated Client, the Clearing House and a Clearing Member in respect of Collateral that the Custodial Segregated Client provides to the Clearing House in respect of the relevant Custodial Segregated Account"Client Buffer Account"means a sub-account of a SwapClear Clearing Member’s Proprietary Account opened for the purpose of recording Client Buffer"Client Clearing Business"means each of RepoClear Client Clearing Business, SwapClear Client Clearing Business, EquityClear Client Clearing Business, ForexClear Client Clearing Business and Listed Interest Rates Client Clearing Business"Client Clearing Default Management Process"means the processes of the Clearing House outlined in the Client Clearing Annex to the Default Rules and includes the Rates Service DMP in relation to any Contract which is a SwapClear Contract and/or Listed Interest Rates Contract in respect of Rates Service Client Clearing Business, the RepoClear DMP in relation to any Fixed Income Contract in respect of RepoClear Client Clearing Business and the ForexClear DMP in relation to any Contract which is a ForexClear Contract in respect of ForexClear Client Clearing Business"Client Clearing End-User Notice"means the Client Clearing End-User Notice as specified by the Clearing House from time to time"Client Clearing Entitlement"has the meaning assigned to it in the Client Clearing Annex to the Default Rules"Client Clearing Services"means SwapClear Client Clearing Services, RepoClear Client Clearing Services, EquityClear Client Clearing Services, ForexClear Client Clearing Services, FCM Clearing Services and/or Listed Interest Rates Client Clearing Services"Client Collateral"means: (i) Client Securities Collateral; and/or (ii) cash that a Custodial Segregated Client provides to the Clearing House, in respect of the relevant Custodial Segregated Account and in accordance with the relevant Collateral Management Agreement, and that the Clearing House designates as such in its books and records"Client Excess"means, in respect of a Client Account, the amount (if any) by which the value (as determined by the Clearing House) of the Clearing Member Current Collateral Balance of such Client Account exceeds the Total Required Margin Amountof such Client Account
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Client Charge means a deed of charge entered into between a Custodial Segregated Client, the Clearing House and a Clearing Member in respect of Collateral that the Custodial Segregated Client provides to the Clearing House in respect of the relevant Custodial Segregated Account
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Client Charge means a deed of charge entered into between a CustodialSegregated Client, the Clearing House and a Clearing Member in respect of Collateral that the Custodial Segregated Client provides to the Clearing House in respect of the relevant Custodial Segregated Account Deleted: SeptemberClearing House : General Regulations - 10- October 2017
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Examples of Client Charge in a sentence

  • In respect of any part of an Associated Collateral Balance that is not subject to a Client Charge or the Deed of Charge entered into between the Carrying Clearing Member and the Clearing House, such transfer shall be by novation of the Carrying Clearing Member’s rights and obligations in respect of such part of the Associated Collateral Balance to the Receiving Clearing Member.

  • A Custodial Segregated Account allows a Custodial Segregated Client to provide Collateral directly to the Clearing House to meet certain obligations of the relevant SwapClear Clearing Member, in respect of such Custodial Segregated Account, in accordance with the terms of the relevant Collateral Management Agreement and Client Charge.

  • Collateral that a Clearing Member or a Custodial Segregated Client provides to the Clearing House and that is subject to a Deed of Charge or Client Charge will be lodged and held with such Depository as the Clearing House may select or allow, subject to the conditions of such Depository, to any Applicable Law and subordinate rules relating thereto, as well as to the terms of the relevant Deed of Charge, Client Charge, Collateral Management Agreement, charge documentation and these Procedures.

  • Collateral that a Clearing Member or a Custodial Segregated Client provides to the Clearing House and that is subject to a Deed of Charge or Client Charge will be lodged and held withsuch Depository as the Clearing House may select or allow, subject to the conditions of such Depository, to any Applicable Law and subordinate rules relating thereto, as well as to the terms of the relevant Deed of Charge, Client Charge, Collateral Management Agreement, charge documentation and these Procedures.

  • The Client Collateral would not be treated as the property of the Clearing House or the clearing member and is returnable to the client subject to the satisfaction of the secured obligations under the relevant Client Charge.

  • GROUP SESSIONDefinition – Group billing must be calculated by using the MHP Avatar Multiple Client Charge Form and following the exact instructions attached to that form.Rehabilitative or skill building groups provided by staff (both licensed and unlicensed) will be documented under this category.

  • The client’s rights, title and interests in the Client Collateral will become "Charged Property" under the Client Charge between the client, the relevant Backup Clearing Member and the Clearing House, and such Client Collateral will be deemed to be Client Collateral which the client has provided to the Clearing House, in respect of the Custodial Segregated Account to which the defaulted clearing member’s positions and collateral assets are ported.

  • Service Code: 96510, 96512Definition – Group billing must be calculated by using the MHP Avatar Multiple Client Charge Form and following the exact instructions attached to that form.

  • However, a different legal position and issues apply to Client Collateral as described in this Section 4.2. In particular, a client grants a charge over its rights, title and interests in and to the Client Collateral in favour of the Clearing House pursuant to the relevant Client Charge.

  • In particular, a client grants a charge over its rights, title and interests in and to the Client Collateral in favour of the Clearing House pursuant to the relevant Client Charge.


More Definitions of Client Charge

Client Charge means a deed of charge entered into between a Custodial
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Related to Client Charge

  • development charge means a charge imposed pursuant to this By-law;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;