Nodal Service Clearing Member definition

Nodal Service Clearing Member means a Member who is designated by the Clearing House as eligible to clear Nodal Contracts

Nodal Service Clearing Member means a Member who is designated by the Clearing House as eligible to clear Nodal Contracts"Nodal Trading Facility"means the facility, trading system or systems operated directly or indirectly by Nodal on which Nodal Eligible Derivative Products may be traded"Nodal Transaction"means a contract in a Nodal Eligible Derivative Product between Nodal Service Clearing Members arising or registered on a Nodal Trading Facility meeting the requirements of the Regulations and the Procedures"Nodal Rules"means the rules, practices, procedures, trading protocols and arrangements of the Nodal Trading Facility as the case may be and as may be prescribed from time to time relating to Nodal Eligible Derivative Products"Nominated Group Member"has the meaning assigned to it in Chapter XIV(k)"Non-Defaulting FXCCM"means an FXCCM which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting Joint Rates Service Clearing Member"means a Joint Rates Service Clearing Member which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting Rates Services Clearing Member"means a Rates Service Clearing Member which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting RCM"means an RCM which is not a Defaulter under Rule 4 of the Default Rules"Non-Defaulting SCM"means an SCM which is not a Defaulter under Rule 4 of the Default Rules"Non-Deliverable FX Transaction"has the meaning given to it in the 1998 FX and Currency Option Definitions published by the International Swaps and Derivatives Association, Inc., the Emerging Markets Traders Association, and the Foreign Exchange Committee, or any successor organisations, as amended and updated from time to time"Non-Eligible Listed Interest Rates Contract"means those Listed Interest Rates Contracts other than Eligible Listed Interest Rates Contracts

Nodal Service Clearing Member means a person who is designated as such by the Clearing House pursuant to the UK General Regulations and who is not an FCM Clearing Member.

Examples of Nodal Service Clearing Member in a sentence

The Clearing House will effect such transfer (in conjunction with Nodal) within two days of receiving a request for such transfer from the relevant Receiving Nodal Service Clearing Member; provided, that the Nodal Service Clearing Member completes, to the satisfaction of the Clearing House, any documentation as required and provided by the Clearing House.
A Nodal Service Clearing Member may affect a transfer with agreement from the Clearing House.
Note that a transaction in a Nodal Eligible Derivative Product that will be cleared on one side by an FCM Nodal Clearing Member and on the other side by a Nodal Service Clearing Member is both an FCM Nodal Transaction (with respect to the FCM Nodal Clearing Member) and a Nodal Transaction, as such term is defined in the UK General Regulations (with respect to the Nodal Service Clearing Member).

Related to Nodal Service Clearing Member

Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.
Recognised Clearing System means any clearing system listed in Section 246A of the Taxes Act (including, but not limited to, Euroclear, Clearstream Banking AG, Clearstream Banking SA and CREST) or any other system for clearing shares which is designated for the purposes of Chapter 1A in Part 27 of the Taxes Act, by the Irish Revenue Commissioners, as a recognised clearing system.
Relevant Clearing System means (i) Euroclear, (ii) Clearstream, Luxembourg, or (iii) any other recognised clearing system in which ETP Securities of a Series may be cleared.
Non-Managing Member means any Member other than the Managing Member.
Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.
Clearing Participant has the meaning given to such term in the rules of CCASS.
Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.
Teaching staff member means an employee who holds a position for which a certificate issued by the New Jersey State Board of Examiners is required.
European Clearing Systems means, collectively, Clearstream, Luxembourg and Euroclear.
Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.
Clearing Systems means, in relation to a Series of Securities, any of Euroclear, Clearstream, Luxembourg and DTC, as the case may be, and includes any additional or alternative clearing systems specified in the Issue Terms.
Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.
Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.
Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);
Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").
Foreign Clearing Agency means Clearstream and the Euroclear Operator.
Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.
Presiding Member means the presiding member of a committee or the deputy presiding member, or a member of the committee when performing a function of the presiding member in accordance with the Act;
Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;
Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.
Support staff member means an employee who holds a position for which no certificate issued by the New Jersey State Board of Examiners is required.
Panel Member ’ means a member of a panel;
Global warming potential means how much a given mass of a chemical contributes to global warming over a given time period compared to the same mass of carbon dioxide. Carbon dioxide's global warming potential is defined as 1.0.
Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.
Sponsoring entity means a nonprofit corporation, nonprofit cooperative, state governmental entity, local unit of government as defined in ORS 466.706, housing authority or any other person, provided that the person has agreed to restrictive covenants imposed by a nonprofit corporation, nonprofit cooperative, state governmental entity, local unit of government or housing authority.
Clearing System Business Day means in relation to an Index, any day on which the principal domestic clearing systems customarily used for settling trades in securities comprising such Index is (or, but for the occurrence of an event beyond the control of the Company or the Hedging Counterparty as a result of which such clearing system cannot clear the transfer of such securities, would have been) open for the acceptance and execution of settlement instructions.