Examples of Fund Floor in a sentence
Each of the ForexClear Non-Deliverable Sub-Fund Amount and ForexClear Deliverable Sub-Fund Amount shall not be less than USD 70 million (the "ForexClear Fund Floor").
Where the Actual Total is less than the Fund Floor, the “ Shortfall” shall be the arithmetical difference between the Fund Floor and the Actual Total.
Each of the ForexClear NDF Sub-Fund Amount and ForexClear Non-NDF Sub-Fund Amount shall not be less than USD 70 million (the "ForexClear Fund Floor").
The Rates Service Fund Amount shall not be less than £1 billion pounds (the "Rates Service Fund Floor") and shall not be more than£5 billion pounds.
On any Determination Date, if the Fund Amount as determined under Rule C2(c)(i) would be lower than three times the Minimum Contribution, the Fund Amount will be deemed to be three times the Minimum Contribution (the " Fund Floor").
Where such increase gives rise to a Default Fund Excess, then the Clearing HouseMember's Contribution shall iteratively carry out the process described in this paragraph, with the each Weighted Contribution and the Total Fund Amount revisedbe adjusted accordingly until the Total Fund Amount is equal to either the Default Fund Floor or the Weighted Rates Service Fund Amount (as applicable)..
A new Subsection I of the same section has been inserted to clarify that, in the event that the Listed Interest Rates portion of the Rates Service Default Fund equals the Default Fund Floor, the SwapClear portion of the Rates ServiceAppendix I Default Rules LCH LIMITED DEFAULT RULES SCHEDULE 6RATES SERVICE DEFAULT FUND SUPPLEMENT CS1.
All experimental procedures were approved (number 2015/50) by the Ethical Committee of Selcuk Univer- sity Experimental Medicine Research and Application Center, Konya, Turkey.Declaration of interest.
On any Determination Date, if the Fund Amount as determined under Rule C2(c)(i) would be lower than three times the Minimum Contribution, the Fund Amount will be deemed to be three times the Minimum Contribution (the "Fund Floor").
Fees imposed pursuant to subsection 5 of this section shall expire on 127 September 1,2012 ] 2017.644.051.