ForexClear Default Fund Supplement definition

ForexClear Default Fund Supplement means the Supplement relating to ForexClear Business
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ForexClear Default Fund Supplement means the supplement to it in Rule 17these Default Fund Rules relating to ForexClear Business;
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ForexClear Default Fund Supplement means the Supplement relating to ForexClear Business"ForexClear Default Management Process"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Management Process Completion Date"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Period"has the meaning ascribed to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear Determination Date"has the meaning assigned to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear DMG"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear DMP"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Eligibility Criteria"means the product eligibility criteria in respect of ForexClear Transactions as set out in the Product Specific Contract Terms and Eligibility Criteria Manual as published on the Clearing House's website from time to time"ForexClear Excess Loss"means the net sum or aggregate of net sums certified to be payable by a Defaulter in respect of ForexClear Business by a Rule 19 Certificate less (a) the proportion of the Capped Amount applicable to ForexClear Business under Rule 15(c) and (b) any sums then immediately payable in respect of ForexClear 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"ForexClear Fund Amount"means the amount as determined in accordance with Rule F2(c) of the ForexClear Default Fund Supplement"ForexClear Loss Distribution Process"has the meaning assigned to it in Rule F9 of the ForexClear Default Fund Supplement"ForexClear Matcher"means a party which has been notified in writing by the Clearing House to ForexClear Participants from time to time as being a matching provider for the ForexClear Service"ForexClear Participants (FXPs)"means ForexClear Clearing Members, and ForexClear Dealers, and "ForexClear Participant" means either of them
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Examples of ForexClear Default Fund Supplement in a sentence

  • The peripheral pontoons are connected via tethers to the concrete blocks anchorage.

  • If a Resignation Effective Date has occurred in respect of a Resigning Member and the ForexClear Service pursuant to Rule F3(e) of the ForexClear Default Fund Supplement, then the Clearing House will repay the ForexClear Contribution that it holds for such Clearing Member (to the extent it has not been applied under the Default Rules) to the Clearing Member’s relevant PPS account on such Resignation Effective Date.

  • Rule F12 of the ForexClear Default Fund Supplement will not apply to the gains reimbursed pursuant to this Rule 2.7.

  • An FXCCM's "ForexClear Contribution" shall be the amount determined in accordance with the ForexClear Default Fund Supplement and shall include any ForexClear Unfunded Contributions deposited and made by the FXCCM with the Clearing House.

  • For the purposes of calculating the ForexClear Margin Weight under Rule F2(d) of the ForexClear Default Fund Supplement, the average daily requirement for the initial margin obligation applied to an FXCCM shall be determined by reference to the ForexClear Contracts comprising both the ForexClear House Business and the ForexClear Client Clearing Business of that FXCCM.

  • For the purposes of calculating the ForexClear Margin Weight under Rule F2(d) of the ForexClear Default Fund Supplement, the uncovered stress loss of an FXCCM shall be determined by reference to the ForexClear Contracts entered into (1) on behalf of the relevantFXCCM and (2) with respect to the Clearing Clients and FCM Clients of such FXCCM.

  • The ForexClear Default Fund Supplement to LCH.Clearnet’s Default Fund Rules sets out rules for determining the size of the ForexClear default fund and how it is funded by members.

  • Section F9(d) of Schedule 5 (ForexClear Default Fund Supplement) and Section CS3(d) of Schedule 6 (Rates Service Default Fund Supplement) have been updated to reflect the Loss Distribution Process and notes that the Loss Distribution Trigger Amount may only be adjusted up to five times.

  • These Default Fund Rules (including the ForexClear Default Fund Supplement, the SwapClear Default Fund Supplement and the RepoClear Default Fund Supplement) form part of the Default Rules and the Clearing House Rulebook but do not apply in relation to a Participating Exchange.

  • The Clearing House may direct that any such Contract as is referred to in this Rule shall not be an Excluded Transaction, provided that no such direction shall bind any Clearing Member which does not agree to it.] ForexClear Default Fund Supplement F1.


More Definitions of ForexClear Default Fund Supplement

ForexClear Default Fund Supplement means the supplement to these Default Fund Rules relating to ForexClear Business;
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Related to ForexClear Default Fund Supplement

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Servicer Default means an event specified in Section 8.01.

  • Indenture Default means, with respect to any Indenture, any Event of Default (as such term is defined in such Indenture) thereunder.

  • Servicer Replacement Event means any one or more of the following that shall have occurred and be continuing:

  • Modification Default Loss means the loss calculated in Exhibits 2a(1)-(3) for single family loans previously modified pursuant to this Single Family Shared-Loss Agreement that subsequently default and result in a foreclosure, short sale or Deficient Loss.

  • Amortization Event has the meaning specified in Article IX.

  • Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.

  • Reserve Account Deficiency shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(b) of the Sale and Servicing Agreement.