IRS Transaction definition

IRS Transaction means an interest rate swap transaction which is an OTC derivatives transaction prescribed in Article 2.22.(5) of the Financial Instruments and Exchange Act;
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Examples of IRS Transaction in a sentence

  • IRS Transaction referencing JPY-Euroyen TIBOR, JPY-TIBOR, JPY-TONA-OIS Compound, JPY-TIBOR-ZTIBOR, JPY-TIBOR-17097 or JPY-TONA-OIS- COMPOUND: Tokyo b.

  • When JSCC receives a request set forth in Article 48.1 from both parties to an Eligible IRS Transaction, JSCC shall confirm that the request and such Eligible IRS Transaction satisfy the requirements separately prescribed by JSCC83 and that the relevant Clearing Participants have deposited with or delivered to JSCC the margin calculated according to the method separately prescribed by JSCC84 (“Margin Required to Clear”) in the manner separately prescribed by JSCC85 (“Clearing Requirements”).

  • Forrester, No. 3:08-CV-0864-G, 2011 WL 3652425, at * 3 (N.D. Tex.

  • A Clearing Participant shall manage its Cleared Contracts giving due consideration to its IRS Transaction portfolio, its creditworthiness, its Customers’ creditworthiness and other factors in order to avoid JSCC or other Clearing Participants suffering any loss.

  • Where an A$ IRS Transaction has been matched on the System (whether before or after the date of this letter), and we have both indicated on the System that we wish for “Payment Settlement” to apply, we shall both, unless either of us otherwise notifies the other, settle all payments or exchanges due in respect of that A$ IRS Transaction using the System and in accordance with the Austraclear Regulations.

  • Each A$ IRS Transaction matched on the System (whether before or after the date of this letter), will be a “Transaction” for the purposes of, and be subject to the terms of the actual or deemed Master Agreement referred to above (“ Master Agreement”).

  • The request for Clearing pursuant to the provisions of Paragraph 1 shall be made by both parties to the Eligible IRS Transaction for which Clearing is requested.

  • Each A$ IRS Transaction matched on the System (whether before or after the date of this letter), will be deemed to be an exchange of Confirmations by electronic message for the purposes of Section 9(e)(ii).

  • When a Customer in the same Corporate Group as the Clearing Broker (referred to as “Affiliated Customer” in this Article, Articles 55 and 57) intends torequest such Clearing Broker to act as its Clearing Broker, it shall notify JSCC of the name of the Clearing Participant that will become the counterparty (“Designated Counterparty”) to the IRS Transaction to which its Clearing Broker executes and other matters prescribed by JSCC126 in the manner set forth in the Subordinate Rules127.

  • Notification concerning Eligible IRS Transactions Denominated in Currency other than Japanese YenWhen a Clearing Participant intends to apply for Clearing of Eligible IRS Transactions whose Notional Amount is denominated in, and settlement currency is, any currency other than Japanese yen for the first time, it must notify, in advance, the denomination currency of the Notional Amount of, and the settlement currency of, the Eligible IRS Transaction for which it intends to apply for Clearing.

Related to IRS Transaction

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.