Mandatory CCP Provisions definition

Mandatory CCP Provisions means, with respect to a Clearing House Service, each provision, if any, specified by the Clearing House in respect of that Clearing House Service as mandatory for inclusion in the terms of transactions between clearing members of that Clearing House Service and their respective clients (to the extent such clients are of the same classification for the purposes of the relevant Rule Set as you) and which such provisions may, without limitation, be intended to be applicable and binding as between such clearing members and their respective clients or to create rights of the relevant Clearing House against such clients or liabilities of such clients to that Clearing House and which may be (i) published from time to time by the relevant Clearing House on its website in a form that is accessible without any subscription or payment of any fee and
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Mandatory CCP Provisions means, with respect to a Clearing House Service, each provision, if any, specified by the Clearing House in respect of that Clearing House Service as mandatory for inclusion in the terms of transactions between clearing members of that Clearing House Service and their respective
Sample 1
Mandatory CCP Provisions means, with respect to a Clearing House Service, each provision, if any, specified by the Clearing House in respect of that Clearing House Service as mandatory for inclusion in the terms of transactions between clearing members of that Clearing House Service and their respective clients (to the extent such clients are of the same classification for the purposes of the relevant Rule Set as you) and which such provisions may, without limitation, be intended to be applicable and binding as
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Examples of Mandatory CCP Provisions in a sentence

  • You agree to be bound by and to comply with the Mandatory CCP Provisions of each relevant Clearing House Service.

  • Website on which LME Clear publishes its Rulebook, the Mandatory CCP Provisions and the disclosure document published by LME Clear pursuant to its obligations under EMIR, including by making reference to such Website in the disclosure document that such Member is required to prepare pursuant to Article 39(7) of EMIR.

  • LME Clear will regard any Client that a Member allocates to a Client Account as having accepted the application of the Mandatory CCP Provisions in respect of its use of that Client Account.

  • We express no opinion in relation to (i) any Transactions, Client Transactions, Confirmations or Confirms which may be, or may have been, entered into between a Client and a Clearing Member under any Covered Base Agreement (whether or not amended by the Addendum) or (ii) any Core Provisions, Mandatory CCP Provisions, a Rule Set or the rules of any Agreed CCP, and have assumed that no such document, rule or transaction affects our opinion as set out below.

  • The FOA Clearing Module includes a provision under which the Customer (but not the Clearing Member) is bound by the Mandatory CCP Provisions (clause 9.4) but also specifies that both parties agree to the Mandatory CCP Provisions prevailing (clause 1.2).

  • Requests for EMD related records will be made to the EMD Coordinator.

  • In particular, Clients and Indirect Clients should refer to Annex 6 of the Rules, which sets out the Mandatory CCP Provisions and the Client Acknowledgement Form.

  • The sales price of prepaid telephone calling service taxed as tangible personal property under G.S. 105-164.4(a)(4d).

  • Notwithstanding paragraph 1.4 above and for the avoidance of doubt, these Mandatory CCP Provisions are not intended to create any obligations by, or rights against, LME Clear for the benefit of any person (including any Member, Client or Indirect Client), whether in contract, tort or pursuant to any other legal theory.

  • The Direct Client agrees to be bound by and comply with the Mandatory CCP Provisions of each Agreed CCP Service.


More Definitions of Mandatory CCP Provisions

Mandatory CCP Provisions means, with respect to a Clearing
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Related to Mandatory CCP Provisions

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • Specific Redemption Provisions means, with respect to a Special Dividend Period either, or any combination of, (i) a period (a "Non-Call Period") determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during which the shares of AMPS subject to such Dividend Period shall not be subject to redemption at the option of the Corporation and (ii) a period (a "Premium Call Period"), consisting of a number of whole years and determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during each year of which the shares of AMPS subject to such Dividend Period shall be redeemable at the Corporation's option at a price per share equal to $25,000 plus accumulated but unpaid dividends plus a premium expressed as a percentage of $25,000, as determined by the Board of Directors of the Corporation after consultation with the Auction Agent and the Broker-Dealers.

  • Mandatory Trigger Provision means, as to any Qualifying Capital Securities, provisions in the terms thereof or of the related transaction agreements that:

  • Redemption Provisions Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Repayment Provisions: Optional Repayment Date(s):

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;

  • Mandatory Guest Fee means any separate fee that a patron or guest is charged for in addition to the base room rate for a guest room, including but not limited to resort fees, facility fees, destination fees, amenity fees, urban destination fees, or any other similar fee. Mandatory Guest Fees do not include employee gratuities, state or local mandatory taxes, and other tax-like fees and assessments that are levied on a stay, as determined by us, that are passed through to a third party (such as tourism public improvement district fees, tourism or improvement assessments, and convention center fees).

  • Adjustment Provisions means all relevant provisions of these Conditions which provide for any adjustment, delay, modification, cancellation or determination in relation to an Index, the valuation procedure for an Index or the Preference Shares. This shall include the provisions of Condition 11 (Calculation Agent Modifications) and all subsequent Conditions.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Subordination Provisions has the meaning specified in Section 8.01(l).

  • Mandatory Cost Rate means, with respect to any period, a rate per annum determined in accordance with Schedule 1.01.

  • REIT Provisions of the Code means Sections 856 through 860 of the Code and any successor or other provisions of the Code relating to real estate investment trusts (including provisions as to the attribution of ownership of beneficial interests therein) and the regulations promulgated thereunder.

  • Standard Provisions mean these Standard Provisions that form a part of the Certificate of Designations relating to the Designated Preferred Stock.

  • Mandatory Costs means the percentage rate per annum calculated in accordance with Schedule 1.01(b).

  • mandatory control level RBC ’ means the product of .70 and the authorized control level RBC.

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Standard Certificate means a credential issued to certify that an educator has the prescribed knowledge, skill or education to practice in a particular area, teach a particular subject, or teach a category of students.

  • Other Definitional Provisions set forth in Section 1.2 of the Basic Servicing Agreement are incorporated by reference into this 2017-3 Servicing Supplement.

  • Supplemental Provisions means these Supplemental Provisions for Federally Funded Contracts, Grants, and Purchase Orders subject to the Federal Funding Accountability and Transparency Act of 2006, As Amended, as may be revised pursuant to ongoing guidance from the relevant Federal or State of Colorado agency or institution of higher education.

  • Special Provisions Special Provisions are specific conditions or requirements peculiar to the contract under consideration and are supplemental to the General Provisions. Should the Special Provisions conflict with the General Provisions, the Special Provisions shall prevail.

  • statutory provision means a provision of an Act or of an instrument made under an Act.

  • Mandatory Policies means the following of our business policies and codes:

  • provisions means "provisions, terms, agreements, covenants and/or conditions"; (iii) "lien" shall mean "lien, charge, encumbrance, title retention agreement, pledge, security interest, mortgage and/or deed of trust"; (iv) "obligation" shall mean "obligation, duty, agreement, liability, covenant and/or condition"; (v) "any of the Leased Premises" shall mean "the Leased Premises or any part thereof or interest therein"; (vi) "any of the Land" shall mean "the Land or any part thereof or interest therein"; (vii) "any of the Improvements" shall mean "the Improvements or any part thereof or interest therein"; (viii) "any of the Equipment" shall mean "the Equipment or any part thereof or interest therein"; and (ix) "any of the Adjoining Property" shall mean "the Adjoining Property or any part thereof or interest therein".

  • Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.