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DC Market Participant definition

DC Market Participant means an entity (other than a Clearing Member) that is an Exchange Participant. ESU – shall mean Excessive System Usage as defined in § 4 Paragraph 3 of the General Terms and Conditions of the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement) .
DC Market Participant means an entity (other than a Clearing Member) that is an Exchange Participant.

Examples of DC Market Participant in a sentence

  • Upon request in writing, Eurex Clearing AG will grant this approval for once, if the applicant possesses a clearing license of Eurex Clearing AG or is a DC Market Participant recognized by Eurex Clearing AG.

  • If FWB Transactions of a Clearing Member, acting as a DC Market Participant, are cleared by another Clearing Member, the rules applicable or relating to DC Market Participants shall apply accordingly.

  • A DC Market Participant or DC With System Access which has entered into an ICM Clearing Agreement between Eurex Clearing AG, a Clearing Member and such DC Market Participant or such DC With System Access in the form appended to the Clearing Conditions as Appendix 3 or Appendix 4 is referred to as “ICM Client”.

  • Each Participating DMC Member Institution which is a Clearing Member may request its substitution by an affiliated DC Market Participant or DC With System Access/Basic DC by giving written notice at least one month in advance of the intended substitution.

  • A Clearing Member may enter with one or two other Clearing Members into a bilateral legal relationship as a DC Market Participant in respect of FWB Transactions.

  • The DC Market Participant/ DC with Member ID will continue to pay the Assignee its usual remuneration for the duration of an Assignment and to reimburse any costs incurred by the Assignee in connection with an Assignment.

  • In case the Liquidity Provider is not a Clearing Member and, thus, did not enter into a direct contractual relationship where the Price List of Eurex Clearing AG is applicable (e.g., where the Liquidity Provider is a DC Market Participant), Eurex Clearing shall apply the rebates towards the responsible Clearing Member which collects the transaction fees towards its customers.

  • In connection with any Assignment, the Assignee is neither an authorised agent (Bevollmächtigter) nor a vicarious agent (Erfüllungsgehilfe) of the DC Market Participant/ DC with Member ID.

  • Eurex Clearing AG will neither reimburse the DC Market Participant/ DC with Member ID for the personnel costs of the Assignee nor pay the Assignee a remuneration.

  • The DC Market Participant/ DC with Member ID hereby acknowledges the acknowledgements, agreements and undertakings given by the Assignee in the Acknowledgment and Undertaking Letter.

Related to DC Market Participant

  • Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Market Participant Energy Withdrawal means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Demand Bids, Decrement Bids, real-time load (net of Behind The Meter Generation expected to be operating, but not to be less than zero), internal bilateral transactions and Export Transactions, as further described in the PJM Manuals.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • U.S. Participant means any Participant who is a United States citizen or United States resident alien as defined for purposes of Section 7701(b)(1)(A) of the Code or for whom an Award is otherwise subject to taxation under the Code.

  • Principal Participant means any of the following entities:

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Clearing Participant has the meaning given to such term in the rules of CCASS.

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Participant has the meaning specified in Section 10.06(d).

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.

  • Nonemployee Director means a Director who is not an Employee.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and any individual the Committee determines should be treated as such a covered employee.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Depository System Participant means any participant in the Depository’s book- entry system.