ForexClear NDF Contract Terms definition
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 Option Buyer" means, in relation to a ForexClear Option Contract, the party specified as the ‘Buyer’ in the Economic Terms of that ForexClear Option Contract "ForexClear Option Clearing Member" means, a Member who is designated by the Clearing House as a ForexClear Option Clearing Member eligible to have registered in its name ForexClear Option Contracts, ForexClear Deliverable Forward Contracts, ForexClear Spot Contracts and ForexClear Swap Contracts "ForexClear Option Contract" means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear Option 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
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