LCH.Clearnet Group definition

LCH.Clearnet Group means the group of undertakings consisting of

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LCH.Clearnet Group means LCH.Clearnet, its parent undertakings (if any) and its associates and their joint venture and partnership interests, and “member of the LCH.Clearnet Group” or “LCH.Clearnet Group member” means any one such entity or interest;

LCH.Clearnet Group means the group of undertakings consisting of LCH.Clearnet Limited, LCH.Clearnet Group Limited, LCH.Clearnet LLC, LCH.Clearnet (Luxembourg) S.a.r.l, LCH.Clearnet Service Company Limited and Banque Centrale de Compensation S.A. trading as LCH.Clearnet SA. (any references to a "member" of LCH.Clearnet Group Limited within these Regulations is to be construed accordingly) "LCH EnClear Clearing Client" means, in respect of LCH EnClear Client Clearing Business, an Individual Segregated Account Clearing Client or an Omnibus Segregated Clearing Client "LCH EnClear Clearing House Business" means LCH EnClear Contracts entered into by a LCH EnClear Clearing Member with the Clearing House on a proprietary basis and for its own account "LCH EnClear Clearing Member" means a Member who is designated by the Clearing House as an LCH EnClear Clearing Member eligible to clear LCH EnClear Contracts "LCH EnClear Client Clearing Business" means the provision of LCH EnClear Client Clearing Services by a LCH EnClear Clearing Member "LCH EnClear Client Clearing Services" means the entering into of LCH EnClear Contracts by a LCH EnClear Clearing Member in respect of its Individual Segregated Account Clearing Clients and/or its Omnibus Segregated Clearing Clients "LCH EnClear Contract" means a Contract entered into by the Clearing House with an LCH EnClear Clearing Member on any applicable set of Contract Terms prescribed in the LCH EnClear Regulations "LCH EnClear Contract Terms" means the relevant Contract Terms in respect of LCH EnClear Contracts as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual "LCH EnClear Regulations" means those Regulations which apply to LCH EnClear Contracts as specified in Regulation 73 "LCH EnClear Service" means the service provided by the Clearing House under the LCH EnClear Regulations "LCH EnClear Trading Platform" (“ETP”) means any trading platform approved as such from time to time by the Clearing House in respect of the LCH EnClear service "LCIA Rules" means the LCIA Arbitration Rules of The London Court ofInternational Arbitration

Examples of LCH.Clearnet Group in a sentence

• For so long as this Agreement remains in force and/or Clearnet remains a member of the LCH.Clearnet Group (whichever is the shorter period), * Where it is contractually able to do so, the relevant Euronext Group member shall invite LCH.Clearnet to tender for such services and, where practicable, give Clearnet the opportunity to make * offer.

• Clearnet SA irrevocably appoints LCH.Clearnet Group Limited at ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ as its agent under the CDS Clearing Documentation (including this Agreement) for service of process in any ancillary proceedings before the English courts in connection with any arbitration proceedings pursuant to the CDS Dispute Resolution Protocol.

• Clearnet SA undertakes to establish and maintain a committee called the Product Advisory Group which will have an advisory role within its scope, in compliance with Regulatory Requirements, in the limited domains of jurisdiction listed in Article 13.3 of the Agreement and shall be consulted by the Boards of Directors of LCH.Clearnet SA and LCH.Clearnet Group Limited on the proper, safe and efficient management of the Cash Clearing Infrastructure performed by LCH.Clearnet SA.

• 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…).

• For the sake of clarity, the Boards of Directors of LCH.Clearnet SA and LCH.Clearnet Group Limited have no obligation to follow the opinion of the Product Advisory Group (which shall only provide an advice), they shall however provide explanations in their decisions, when an advice was given by the Product Advisory Group, on why they did not follow such advice of the Product Advisory Group.

• The setting or adjustments of margin levels and methodology for margining will be decided by the Board of Directors of LCH.Clearnet SA or, when relevant, of LCH.Clearnet Group Limited on the recommendation of the Risk Committee of LCH.Clearnet SA or, when relevant, of LCH.Clearnet Group Limited.

• The Board(s) of Directors of LCH.Clearnet SA and / or of LCH.Clearnet Group Limited will consider whether to give their approvals to this evolution of the Cash Clearing Infrastructure and to the method and / or financing suggested by the Trading Facilities (including the Euronext Markets) based, among other things, on the opinion of the Clearing Members representatives of the Product Advisory Group.

• She is a Non-Executive Director of Fortis SA/NV, Euroclear plc and LCH.Clearnet Group Limited.

• In addition to the Risk Committees of LCH.Clearnet SA and, where relevant, of LCH.Clearnet Group Limited in which [ *** ] pursuant to the terms of the Agreement and which are governed by the terms of reference applicable to each of them, the Parties agree to establish and maintain a number of Committees to assist with the management of the relationship, operation of, and changes to, the Services.

• CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION WITH RESPECT TO PORTIONS HEREOF DENOTED WITH [ *** ] Page 23 Any advice related to these subjects will first be discussed within the Product Advisory Group before being submitted to the Board(s) of Directors of LCH.Clearnet SA and / or of LCH.Clearnet Group Limited.