Currency Portfolio definition

Currency Portfolio means, in relation to a currency, all Transactions for which, in respect of the related Associated LCH Transactions, LCH.Clearnet calls variation margin in such currency.” The final sub-paragraph of Paragraph 3(a) is hereby deleted in its entirety and replaced with: “Subject to Paragraph 4 and unless otherwise specified, if a demand for the transfer of Eligible Credit Support or Equivalent Credit Support is received by the Notification Time, then: where such demand is made by Party B, the relevant transfer will be made not later than the close of business on the Settlement Day relating to the date such demand is received; and where such demand is made by Party A (x) if such demand is received on an LCH Business Day, the relevant transfer will be made not later than the close of business on such LCH Business Day or (y) if such demand is received on a day other than an LCH Business Day, the relevant transfer will be made not later than close of business on the earlier of (i) the next LCH Business Day and (ii) the next Local Business Day; and if a demand is received after the Notification Time, then: where such demand is made by Party B, the relevant transfer will be made not later than the close of business on the Settlement Day relating to the day after the date such demand is received; and where such demand is made by Party A, the relevant transfer will be made not later than the close of business on the earlier of (i) the next LCH Business Day and (ii) the next Local Business Day, provided that, where such demand is made by Party A, Party A may in the relevant demand specify a later date (which shall be a Local Business Day) falling no later than the close of business on the “Nth Local Business Day” specified in the relevant Client Clearing Agreement after the day on which the relevant LCH Margin Call is made by which Party B will be required to make the relevant transfer, and in such circumstances the relevant transfer shall be made by Party B no later than the close of business on such date. For the purposes of this Annex, the definition of Settlement Day shall include each day on which a demand is required to be satisfied pursuant to sub-paragraphs (A)(II) and (B)(II) above.” Paragraph 3(b) is hereby amended by the deletion of the words “the Local Business Day following” from the second sentence. Paragraph 6 is hereby amended by the insertion of the words “or Clearing Default” immediately after the words “Event of Default”. The definition of “Exposure”...
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Currency Portfolio means, in relation to a currency, all Transactions (Einzelabschlüsse) for which, in respect of the related Associated LCH Transactions, LCH.Clearnet calls variation margin in such currency.”
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Currency Portfolio means, in respect of a currency in which one or more Client Transactions between the parties are denominated from time to time (or, if denominated in more than one currency, the currency in respect of which variation margin in respect of the related CM/CCP Transaction will be called by the Agreed CCP in relation to the relevant Agreed CCP Service), all Client Transactions denominated in such currency (or in respect of which the variation margin called by the Agreed CCP in relation to the relevant Agreed CCP Service in respect of the related CM/CCP Transaction is called in such currency).
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Examples of Currency Portfolio in a sentence

  • Valuation of Permitted Non-USD Currency Portfolio Investments 32 SECTION 1.07.

  • Valuation of Permitted Non-USD Currency Portfolio Investments 41 SECTION 1.07.

  • The Provision of Clause 8(3) of this Collateral Addendum will apply unless otherwise specified in the Client Clearing Agreement and, where VM Matching Methodology is specified, subject to a separate calculation and transfer of interest amounts (Zinserträge) in respect of each of the Initial Margin Credit Support Balance and each Currency Portfolio Credit Support Balance in accordance with Clause 11(13)(xxii) second paragraph below.

  • Portfolio Investments purchased or acquired by the Borrower with proceeds of Revolving Loans in Alternative Lending Currency (each such Loan an "Alternative Lending Currency Portfolio Investment Loan") shall not be encumbered by any Liens (other than Inchoate Liens), while such Alternative Lending Currency Portfolio Investment Loan is outstanding.

  • Portfolio Investments purchased or acquired by the Borrower with proceeds of Revolving Loans in Alternative Currency (each such Loan an “Alternative Currency Portfolio Investment Loan”) shall not be encumbered by any Liens, while such Alternative Currency Portfolio Investment Loan is outstanding.

  • SBFM has initially selected the Advisor's World Currency Portfolio to manage the Partnership's assets allocated to it.

  • Permit Portfolio Investments purchased or acquired by the Borrower with proceeds of Revolving Loans in an Alternative Lending Currency (each such Loan an "Alternative Lending Currency Portfolio Investment Loan") to be encumbered by any Liens (other than Inchoate Liens or Liens in favor of the Administrative Agent on behalf of the Lenders), while such Alternative Lending Currency Portfolio Investment Loan is outstanding.

  • Valuation of Permitted Non-USD Currency Portfolio Investments 34 SECTION 1.07.

  • Valuation of Permitted Non-USD Currency Portfolio Investments 33 SECTION 1.07.

  • Valuation of Permitted Non-USD Currency Portfolio Investments 38 SECTION 1.07.