ForexClear NDF Contract definition

ForexClear NDF Contract means a Contract entered into by the Clearing House with aForexClear Clearing Member on the ForexClear NDF Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM ForexClear Contract"ForexClear NDF Contract Terms"means the terms applicable to each ForexClear NDF Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual applicable to ForexClear NDF Contracts"ForexClear NDF STM Contract"means a ForexClear NDF Contract that is either (i) registered at the Clearing House as a ForexClear NDF STM Contract pursuant to Regulation 91, (ii) converted into a ForexClear NDF STM Contract by the Clearing House pursuant to Regulation 106A, or (iii) a ForexClear NDF STM Contract through novation pursuant to Regulation 12(b), in each case the terms of which therefore include the ForexClear NDF STM Terms"ForexClear NDF STM Terms"means the part of the ForexClear NDF Contract Terms designated as the ForexClear NDF STM Terms by the Clearing House from time to time"ForexClear NDF Transaction"means a contract, meeting the applicable ForexClear Eligibility Criteria for registration as a ForexClear NDF Contract, entered into between two ForexClear Participants, of which particulars are presented to the Clearing House for registration in the name of ForexClear Clearing Members in accordance with the Regulations. In addition, a ForexClear Transaction shall include an FCM ForexClear Transaction where the relevant ForexClear Clearing Member is an executing party"ForexClear NDO Contract"means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear NDO Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM ForexClear Contract"ForexClear NDO Contract Terms"means the terms applicable to each ForexClear NDO Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual applicable to ForexClear NDO Contracts
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ForexClear NDF Contract means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear NDF Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM ForexClear Contract
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ForexClear NDF Contract means a Contract entered into by the Clearing House with aMoved down [1]: means ForexClear Clearing Members, ForexClear Dealers and ForexClear Clearing Clients and "ForexClear Participant" means any ofthemDeleted: "Deleted: RegulationsDeleted: those Regulations which applyDeleted: as specified inForexClear Clearing Member on the ForexClear NDF Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM ForexClear Contract
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Examples of ForexClear NDF Contract in a sentence

  • On the Valuation Date with respect to each ForexClear NDF Contract, the Settlement Rate will be retrieved as set forth in paragraph (a) below.

  • This paragraph applies even if the Settlement Date has been adjusted in accordance with the ForexClear NDF Contract Terms.

  • If Valuation Postponement applies, the ForexClear NDF Contract is valued using the current forward price (based on the data submitted by FXCCMs, in accordance with Section 1.4.2 (Market Data Sources and Frequencies) to (and including) the date on which the Settlement Rate is determined in accordance with the ForexClear NDF Contract Terms.

  • With respect to each ForexClear NDF Contract, on the business day immediately preceding the Settlement Date, the Clearing House nets the Settlement Currency Amount against the aggregate net variation margin or aggregate NPV Payments (as applicable) which have been paid/received through the term of the ForexClear NDF Contract, the result of which is a Net Settlement Amount ("NSA"), which will be reflected in the FXCCMs' cash accounts with the Clearing House on the Settlement Date.

  • The Clearing House checks that the cancellation instruction contains a valid ForexClear ID which relates to: (a) a ForexClear Transaction or ForexClear Contract (as the case may be) that has not been previously cancelled; and (b) in the case of a ForexClear NDF Contract only, a ForexClear Contract with respect to which the relevant Valuation Date has not yet occurred.

  • Valuation Date.The Clearing House applies the Settlement Rate to all relevant ForexClear NDF Contracts at a predefined time following its publication.The Clearing House calculates the Settlement Currency Amount in the Settlement Currency per ForexClear NDF Contract.

  • The Clearing House is the Calculation Agent and will store and apply the Settlement Rate Option and the Valuation Date for each ForexClear NDF Contract.

  • After the Registration Time for a ForexClear NDF Contract, the ForexClear Service links a Settlement Rate Option to it in accordance with the Relevant EMTA Template or given LCH G10 NDF Contract Template, as applicable.

  • For the purpose of providing Nostro reconciliations, to the relevant parties, the Clearing House will provide Reporting (as defined in Section 1.7 (ForexClear Reporting)) which will reflect an entry for the "Settlement Currency Amount" and a separate entry for the reversal of the aggregate net variation margin or NPV Payments which have been paid/received through the term of the ForexClear NDF Contract.

  • The measurement basis used in the preparation of the financial statements is the historical cost basis except that derivative financial instruments (see note 1(d)) are stated at fair value.


More Definitions of ForexClear NDF Contract

ForexClear NDF Contract means a Contract entered into by the Clearing House with a
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Related to ForexClear NDF Contract

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Call-Off Contract means a legally binding agreement (entered into pursuant to the provisions of this Framework Agreement) for the provision of the Services made between a Contracting Body and the Supplier comprising of the relevant Order Form and the Call-Off Terms;

  • Standard form contract means a financial contract that is substantially not negotiable for the Client, except for the terms contained in point 11.C.

  • Smart contract means an event-driven program, with state, that runs on a distributed, decentralized, shared, and replicated ledger and which can take custody over and instruct transfer of assets on that ledger.

  • Date of Contract means the date on which notification of award of contract/letter of award/telex award has been issued.

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Privatization contract or “contract” means an agreement or

  • Service contract holder or "contract holder" means a person

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Form of Contract means the document comprising Section 1 of the Contract signed by or on behalf of the Parties confirming their willingness to enter into and be bound by the terms of the Contract.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Derivative Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, repurchase transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement, including any such obligations or liabilities under any such master agreement.

  • Public contract means an agreement between a public body and a nongovernmental source that is