Equities Excess Loss definition

Equities Excess Loss means the net sum or aggregate of net sums certified to bepayable by a Defaulter by a Rule 19 Certificate in respect of Equities Business, less (a) the proportion of the Capped Amount applicable to Equities Business under Default Rule 15(c) and (b) any sums then immediately payable in respect of Equities Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House"Equities Fund Amount"means the amount of the equities default fund established from time to time pursuant to the Equities Default Fund Supplement"Equities Service"means the clearing service of the Clearing House relating to Equities Business"EquityClear ATP Match"means an EquityClear (Equities) ATP Match or EquityClear (ccCFD) ATP Match"EquityClear Business"means any transaction, obligation or liability arising out of any EquityClear Contract"EquityClear (ccCFD) ATP Match"means, in respect of an ATP, a match on such ATP of Trading Platform Particulars which relate to EquityClear Eligible ccCFDs and are submitted by, or on behalf of, EquityClear Clearing Members, (i) which match the Clearing House and the ATP have agreed will be cleared in accordance with, and subject to, the ATP Market Rules and the Rulebook via the EquityClear (ccCFD) Open Offer clearing mechanism (and not via novation under Regulation 69); and(ii) regardless of whether such match is described or characterised as a trade, transaction or agreement in the relevant ATP Market Rules"EquityClear (ccCFD) Contract"means an EquityClear Contract entered into by the Clearing House with an EquityClear Clearing Member on the EquityClear (ccCFD) Contract Terms or such other terms specified by the relevant ATP"EquityClear(ccCFD) Contract Terms"means the terms applicable to each EquityClear (ccCFD) Contract, where such terms are not specified by the ATP, as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual
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Equities Excess Loss means the net sum or aggregate of net sums certified to be payable by a Defaulter by a Rule 19 Certificate in respect of Equities Business, less (a) the proportion of the Capped Amount applicable to Equities Business under Default Rule 15(c) and (b) any sums then immediately payable in respect of Equities Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House
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Equities Excess Loss means the net sum or aggregate of net sums certified to be payable by a Defaulter by a Rule 19 Certificate in respect of Equities Business, less (a) the proportion of the Capped Amount applicable to Equities Business under Default Rule 15(c) and (b) any sums then immediately payable in respect of Equities Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House "Equities Fund Amount" means the amount of the equities default fund established from time to time pursuant to the Equities Default Fund Supplement "Equities Service" means the clearing service of the Clearing House relating to Equities Business "EquityClear ATP Match" means an EquityClear (Equities) ATP Match or EquityClear (ccCFD) ATP Match "EquityClear Business" means any transaction, obligation or liability arising out of any EquityClear Contract "EquityClear (ccCFD) ATP Match" means, in respect of an ATP, a match on such ATP of Trading Platform Particulars which relate to EquityClear Eligible ccCFDs and are submitted by, or on behalf of, EquityClear Clearing Members,
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More Definitions of Equities Excess Loss

Equities Excess Loss means the net sum or aggregate of net sums certified to be payable by a Defaulter by a Rule 19 Certificate in respect of Equities Business, less (a) the proportion of the Capped Amount applicable to Equities Business under Default Rule 15(c) and (b) any sums then immediately payable in respect of Equities Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House"Equities Fund Amount"means the amount of the equities default fund established from time to time pursuant to the Equities Default Fund Supplement"Equities Service"means the clearing service of the Clearing House relating to Equities Business"EquityClear ATP Match"means an EquityClear (Equities) ATP Match or EquityClear (ccCFD) ATP Match"EquityClear Business"means any transaction, obligation or liability arising out of any EquityClear Contract"EquityClear (ccCFD) ATP Match"means an EquityClear ATP Match where the relevant ATP Market Rules permit the matching of Trading Platform Particulars that consist of the sale or purchase of an EquityClear Eligible ccCFD and the corresponding purchase or sale, as the case may be, of an EquityClear Eligible ccCFD"EquityClear (ccCFD) Contract"means an EquityClear Contract entered into by the Clearing House with an EquityClear Clearing Member on the EquityClear (ccCFD) Contract Terms or such other terms specified by the relevant ATP"EquityClear(ccCFD) Contract Terms"means the terms applicable to each EquityClear (ccCFD) Contract, where such terms are not specified by the ATP, as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual"EquityClear (ccCFD) Open Offer"means the open offer made by the Clearing House in respect of an EquityClear (ccCFD) ATP Match meeting the EquityClear (ccCFD) Open Offer Eligibility Criteria"EquityClear Clearing Client"means, in respect of EquityClear Client Clearing Business, an Individual Segregated Account Clearing Client or an Omnibus Segregated Clearing Client"EquityClear Clearing House Business"means EquityClear Contracts entered into by an EquityClear Clearing Member with the Clearing House on a proprietary basis and for its own account
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Equities Excess Loss means the net sum or aggregate of net sums certified to be
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Equities Excess Loss means the net sum or aggregate of net sums certified to be payable by a defaulter by a Rule 26 Certificate in respect of Equities Business, less
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Related to Equities Excess Loss

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Loss in excess of policy limits means 90.0% of any amount paid or payable by the Company in excess of its policy limits, but otherwise within the terms of its policy, such loss in excess of the Company’s policy limits having been incurred because of, but not limited to, failure by the Company to settle within the policy limits or by reason of the Company’s alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of an action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such an action.

  • Economic loss means any of the following types of pecuniary harm:

  • Erroneous Payment Return Deficiency has the meaning assigned thereto in Section 10.12(d).

  • Unrealized losses means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Cram Down Loss means, with respect to any Receivable (other than a Defaulted Receivable) as to which any court in any bankruptcy, insolvency or other similar Proceeding issues an order reducing the principal amount to be paid on such Receivable or otherwise modifies any payment terms with respect thereto, an amount equal to the amount of the principal reduction ordered by such court. A “Cram Down Loss” will be deemed to have occurred on the date of issuance of such court’s order.

  • Securities Exchange Act means the Securities Exchange Act of 1934, as amended.

  • Securities Exchange means, at any time, the registered national securities exchange on which the Corporation’s equity securities are then principally listed or traded, which shall be the New York Stock Exchange or NASDAQ Global Market (or similar national quotation system of the NASDAQ Stock Market) (“NASDAQ”) or any successor exchange of either the New York Stock Exchange or NASDAQ.

  • Clawback Amount has the meaning set forth in Section 6.05.