Omnibus Indirect Client Position Account definition

Omnibus Indirect Client Position Account means Net Omnibus Indirect Client Position Account and Gross Omnibus Indirect Client Position Account;
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Omnibus Indirect Client Position Account means the Position Account opened by EuroCCP for registration of Trade Legs for the account of indirect clients of that Clearing Participant;
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Examples of Omnibus Indirect Client Position Account in a sentence

  • If the Liquidation Amount of an Omnibus Client Position Account or an Omnibus Indirect Client Position Account is a positive amount, EuroCCP shall pay it to those clients when they are known to EuroCCP or, if they are not, to the Clearing Participant for the account of those clients, provided the relevant security arrangements are in place.

  • If the Liquidation Amount of the Omnibus Client Position Account or the Omnibus Indirect Client Position Account is a negative amount, the Clearing Participant shall owe such amount to EuroCCP.

  • A Gross Omnibus (Indirect) Client Collateral Account is an Account opened by EuroCCP in the name of the Clearing Participant, holding Collateral deposited by the Clearing Participant to cover the Margin for the corresponding Gross Omnibus (Indirect) Client Position Account The (Indirect) Clients within this type of Account may or may not be known to EuroCCP.

  • EuroCCP offers the following types of Accounts: 2.3.1. Net Omnibus (Indirect) Client AccountA Net Omnibus (Indirect) Client Position Account is an Account opened by EuroCCP in the name of the Clearing Participant, for registration of Trade Legs held for the joint account of (Indirect) Clients of the Clearing Participant, where Trade Legs are margined on a net basis.

  • Collateral posted to EuroCCP in respect of the Net Omnibus (Indirect) Client Account serves as security for all Trade Legs registered in the Net Omnibus (Indirect) Client Position Account, and EuroCCP will not attribute any portion of the Collateral to a specific (Indirect) Client.

  • Article 11.4.4: An Omnibus Indirect Client Position Account has been added and changes made due to changes in the Regulation Portability.

  • The Margin for the Trade Legs within a Net Omnibus (Indirect) Client Position Account is calculated over all Trade Legs held in the Account, disregarding that those are held by the Clearing Participant for more than one (Indirect) Client.

  • This does makes it less easy to compare the costs incurred by the Fund with those of peer pension funds.

  • If the Liquidation Amount of the Omnibus Client Position Account or the Omnibus Indirect Client Position Account is a negative amount, the Clearing Participant shall owe such amount to Cboe Clear.

  • As a dietary risk assessment support program, PDP tests for registered uses for the commodities in the program, as well as for pesticides that may not haveU.S. tolerances but are used in other countries on commodities exported to the United States.

Related to Omnibus Indirect Client Position Account

  • Customer channel termination point means the location where the customer either inputs or receives the communications.

  • Indirect contact means the contact of persons with exposed conductive parts.

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following:

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Service Transfer Date means the date of a Service Transfer;

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Network Termination Point (NTP) means the physical point at which a subscriber is provided with access to a public communications network; in the case of networks involving switching or routing, the NTP is identified by means of a specific network address, which may be linked to a subscriber number or name;

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Contact Hour Funds means the funds paid or payable by the Department under this Contract for the Scheduled Hours of supervised training and assessment reported for a Skills First Student. Contract means this VET Funding Contract and includes all schedules, annexures, attachments, plans and specifications and exhibits to it. Contract Notification means a document issued by the Department via the SVTS that either provides specific information or advice about aspects of this Contract or formally notifies the Training Provider of a variation to this Contract. Control means, with regard to an entity:

  • Direct Competitor means any individual, partnership, corporation, limited liability company, association, or other group, however organized, who competes with the Company in the full service restaurant business.

  • Best available control technology (BACT means an emissions limitation (including a visible emission standard) based on the maximum degree of reduction for each pollutant subject to regulation under CAA which would be emitted from any proposed major stationary source or major modification which the Department, on a case-by-case basis, takes into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combustion techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 7 DE Admin. Code 1120 and 1121. If the Department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard, or combination thereof, may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation, and shall provide for compliance by means which achieve equivalent results.

  • Established geographic service area means a geographic area, as approved by the Commissioner and based on the carrier's certificate of authority to transact insurance in this state, within which the carrier is authorized to provide coverage;

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Gross beta particle activity means the total radioactivity due to beta particle emission as inferred from measurements on a dry sample.

  • Basic generation service transition costs means the amount by

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Account Information Service Provider means a payment service provider pursuing business activities as referred to in point (8) of Annex I;

  • District Level Anti-Ragging Committee means the Committee, headed by the District Magistrate, constituted by the State Government, for the control and elimination of ragging in institutions within the jurisdiction of the district.

  • Basic Service Tier means a package of television channels offered by the IPTVO, consisting only of FTA channels.

  • Basic generation service provider or "provider" means a

  • DoD recognized unique identification equivalent means a unique identification method that is in commercial use and has been recognized by DoD. All DoD recognized unique identification equivalents are listed at http://www.acq.osd.mil/dpap/pdi/uid/iuid_equivalents.html.

  • Information Service Traffic means Local Traffic or IntraLATA Toll Traffic which originates on a Telephone Exchange Service line and which is addressed to an information service provided over a Party's information services platform (e.g., 976).

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Direct contact means the contact of persons with high voltage live parts.