LCH Group definition

LCH Group means the group of undertakings consisting of LCH Limited, LCH Group Holdings Limited, LCH Service Company Limited, SwapAgent Limited and Banque Centrale de Compensation S.A. trading as LCH SA. (any references to a "member" of LCH Group Holdings Limited within these Regulations is to be construed accordingly)"LCIA Rules"means the LCIA Arbitration Rules of The London Court of International Arbitration"LIBOR"means, in relation to a Contribution, the rate per annum (rounded upwards, if not already such a multiple, to the next whole multiple of one-sixteenth of one per cent) known as the British Bankers’ Association Interest Settlement Rate for three-month deposits in sterling being offered to prime banking names in London at or about the time specified by the Procedures for fixing the rate of interest for the period for which interest is payable or, where no such rate is available, such rate as in the opinion of the Clearing House approximates thereto"Link"means the trading and/or clearing arrangements established by the Clearing House and a Co-operating Clearing House and, as the case may be, an Exchange in respect of one or more exchange contracts"Link Agreement"means an agreement entered into between the Clearing House and a Co-operating Clearing House and if applicable, an Exchange for the purposes of a Link"Linked Member"means an member of a Co-operating Exchange"Listed Interest Rates Business"means any transaction, obligation or liability arising out of a Listed Interest Rates Contract (which, for the avoidance of doubt, does not include for purposes of the Rates Service DMP Annex any Listed Interest Rates Contracts that are Portfolio Margined Contracts)"Listed Interest Rates Clearing Client"means, in respect of Listed Interest Rates Client Clearing Business, an Individual Segregated Account Clearing Client, Indirect Gross Account Clearing Client or Omnibus Segregated Clearing Client"Listed Interest Rates Clearing House Business"means Listed Interest Rates Contracts entered into by a Listed Interest Rates Clearing Member with the Clearing House on a proprietary basis and for its own account"Listed Interest Rates Clearing Member"means a Clearing Member that engages in Listed Interest Rates Business

LCH Group means the group of undertakings consisting of LCH Limited, LCH Group Holdings Limited, LCH.Clearnet LLC, LCH Service Company Limited, SwapAgent Limited and Banque Centrale de Compensation S.A. trading as LCH SA. (any references to a "member" of LCH Group Holdings Limited within these Regulations is to be construed accordingly)

LCH Group means LCH.Clearnet SA, LCH.Clearnet Group Limited and all the LCH Affiliates and their joint venture and partnership interests, and "member of the LCH Group" or "LCH Group member" means any one such entity or interest;

Examples of LCH Group in a sentence

• For the Parties within LCH Group ________________________ LCH.CLEARNET SA Signed by: Title: Date: ________________________ LCH.CLEARNET GROUP LIMITED Signed by: Title: Date: CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION WITH RESPECT TO PORTIONS HEREOF DENOTED WITH [ *** ] Page 30 For the Euronext Market Undertakings.

• At least one common representative of the Euronext Market Undertakings and one representative of LCH Group shall attend each meeting.

• Clearnet SA It is understood between the Parties that LCH.Clearnet SA and members of the LCH Group provide clearing services to a wide range of Trading Facilities pursuant to LCH Group’s core principles of operating on a fair, reasonable, open access and non discriminatory basis.

• For the Parties within LCH Group ________________________BANQUE CENTRALE DE COMPENSATION S.A. Signed by: Title: Date: ________________________ LCH.CLEARNET GROUP LIMITED Signed by: Title: Date: CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WIH THE COMMISSION WITH RESPECT TO PORTIONS HEREOF DENOTED WITH [***] Page 60 CONFIDENTIAL TREATMENT For the Euronext Market Undertakings.

• These initiatives may, where appropriate, be conducted without the involvement of the Euronext Market Undertakings, but LCH Group will give prior information to the Programme Steering Committee and the Euronext Derivatives Steering Committee respectively, about such initiatives in a timely manner before the launch of such initiatives, especially where common interfaces are impacted.

• The Parties agree that, as from the Commencement Date, the ARCA shall no longer govern Clearing Services rendered by LCH Group to the Euronext Market Undertakings for Cleared Financial Instruments traded on the Euronext Markets.

• Clearnet SA It is understood between the Parties that LCH.Clearnet SA and members of the LCH Group provide clearing services to a wide range of Trading Facilities pursuant to LCH Group’s core principles of operating on a fair, reasonable, open access and non-discriminatory basis.

• For each Project, following the approval of the Boards of Directors of LCH.Clearnet SA and / or of LCH.Clearnet Group Limited, the Trading Facilities shall, if necessary, enter into the necessary contractual arrangements with LCH Group in order to determine the respective rights of the Trading Facilities and of LCH Group (on intellectual property rights, further developments, exclusivity, access of other venues to these new developments, etc…).

• Clearnet SA or another member of LCH Group admits a Clearing Member for the clearing of transactions executed on non-Euronext Markets, LCH.Clearnet SA and / or LCH.Clearnet Group Limited shall ensure a clear separation of records so as not to allow such member to receive information or Data concerning the Euronext Markets.

• However, as practically feasible, and to the extent the subject to be discussed during a meeting does not require otherwise, the number of representatives attending each meeting of the Euronext Market Undertakings, on one side, and of LCH Group, on the other, shall be equal.

More Definitions of LCH Group

LCH Group means the group of undertakings consisting of LCHLimited, LCH Group Holdings Limited, and Banque Centrale de Compensation S.A. trading as LCH SA. (any reference to a “member” of LCH Group Holdings Limited within these FCM Regulations is to be construed accordingly).

LCH Group means the group of undertakings consisting of LCHLimited, LCH Group Holdings Limited, Banque Centrale de Compensation S.A. trading as LCH SA and SwapAgent Limited (any reference to a “member” of LCH Group Holdings Limited within these FCM Regulations is to be construed accordingly). Appendix VProcedures Section 2C (SwapClear Service)Changed Pages LCH LIMITED PROCEDURES SECTION 2CSWAPCLEAR CLEARING SERVICE with the Inflation Swaps Operational Specifications) and the SwapClear End of Day Price. 1.32 Notifications via Approved Trade Source Systems 1.32.1 With prior approval of the Clearing House, SwapClear Clearing Members and SwapClear Clearing Clients may elect to submit and receive certain post-trade messages via any Approved Trade Source System previously approved by the Clearing House for the results of compression procedures, Permitted Transfers and non-economic amendments of SwapClear Contracts. 1.32.2 A SwapClear Clearing Member, either on its own account or with respect to a SwapClear Clearing Client (where applicable), acknowledges and agrees, with respect to an election to receive messages and/or notifications under this Section1.31 from the Clearing House via an Approved Trade Source System, that (i) the Clearing House makes no warranty (and will accept no liability) as to the effectiveness, efficiency, performance or any other aspect of the services provided by any Approved Trade Source System or the timeliness or otherwise of the delivery of any notices, reports or details by that Approved Trade Source System to the Clearing House of the SwapClear Clearing Member or SwapClear Clearing Client, as applicable, (ii) the Clearing House will process and use any information provided to it under this Section 1.31 via an Approved Trade Source System on an “as is” basis (with no obligation to verify any details), (iii) the Clearing House accepts no liability for (A) any error within or corruption of any data sent by an Approved Trade Source System to the Clearing House, the SwapClear Clearing Member or any SwapClear Clearing Client or (B) any delay in or failure of the transmission of such data to the Clearing House, the SwapClear Clearing Member or any SwapClear Clearing Client. 1.32.3 Any request for the Clearing House to approve the submission and receipt of post-trade messages via any Approved Trade Source System must be made in writing and using the Clearing House’s standard documentation. Through making a request, a SwapClear Clearing Member, either...