RepoClear Dealer Clearing Agreement definition

RepoClear Dealer Clearing Agreement means a written agreement, in the form and on the terms prescribed by the Clearing House, between a RepoClear Dealer, a RepoClear Clearing Member and the Clearing House which has the function, amongst other things, of setting out the terms on which the RepoClear Clearing Member agrees to clear RepoClear Transactions, or RepoClear Term £GC Contracts RepoClear €GC Transactions, Repo Trades, Bond Trades, Term £GC Trades and €GC Trades for the RepoClear Dealer"RepoClear Default"means any Default in respect of an RCM"RepoClear Default Fund Supplement"means the Supplement relating to the RepoClear Business"RepoClear Default Management Process"has the meaning assigned to it in the RepoClear DMP Annex in the Default Rules"RepoClear Default Management Process Completion Date"has the meaning assigned to it in the RepoClear DMP Annex in the Default Rules"RepoClear Default Period"has the meaning ascribed to it in Rule R2 of the RepoClear Default Fund Supplement"RepoClear Determination Date"has the meaning assigned to it in Rule R2 of the RepoClear Default Fund Supplement"RepoClear DMP Contract"means a contract entered into in accordance with the RepoClear DMP Annex in the Default Rules by the Clearing House with a RepoClear Clearing Member on the RepoClear Contract Terms"RepoClear Eligibility Criteria"means with regard to RepoClear Transactions, the product criteria set out in the Product Specific Contract Terms and Eligibility Criteria Manual as published on the Clearing House's website from time to time"RepoClear Eligible Securities"means with regard to RepoClear Transactions, Bond Trades and Repo Trades securities of a type described in the Product Specific Contract Terms and Eligibility Criteria Manual"RepoClear Excess Loss"means the net sum or aggregate of net sums certified to be payable by a Defaulter by a Rule 19 Certificate in respect of RepoClear Business less (a) the proportion of the Capped Amount applicable to RepoClear Business under Rule 15(c) and (b) any sums then immediately payable in respect of RepoClear Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under anypolicy of insurance or analogous instrument written in favour of the Clearing House
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RepoClear Dealer Clearing Agreement means a written agreement, in the form and on the terms prescribed by the Clearing House, between a RepoClear Dealer, a RepoClear Clearing Member and the Clearing House which has the function, amongst other things, of setting out the terms on which the RepoClear Clearing Member agrees to clear RepoClear Transactions, or RepoClear Term £GC Contracts RepoClear €GC Transactions, Repo Trades, Bond Trades, Term £GC Trades and €GC Trades for the RepoClear Dealer
Sample 1Sample 2Sample 3

Examples of RepoClear Dealer Clearing Agreement in a sentence

  • Any such notice must contain the name of the RCM, the name of the RepoClear Dealer (as it appears on the relevant RepoClear Dealer Clearing Agreement) and the date upon which termination or suspension is to become effective.

  • In such circumstances, providing that the RepoClear Dealer meets all applicable requirements set out in the Regulations (as applicable to it) and these Procedures (as applicable to it) and the relevant RepoClear Dealer Clearing Agreement, the Clearing House will use all reasonable endeavours to settle with that RepoClear Dealer as requested.

  • Such notification must contain the name of the RCM, the name of the RepoClear Dealer (as it appears on the relevant RepoClear Dealer Clearing Agreement) and the date upon which such RepoClear Dealer may commence to act as transferor/transferee ("the commencement date").

  • Any RCM wishing to authorise a RepoClear Dealer (with whom it has entered into a RepoClear Dealer Clearing Agreement with the Clearing House) to trade on any one or more approved ATSs (see Section1.3.1 (Approved Trade Matching Systems (ATMS's) and Automated Trading Systems (ATS's)) above must do so in writing addressed to the Head of RepoClear Operations.

  • Where any notification, authorisation or notice is to be given by an RCM under this Section 1.9 or is to be given by an RCM in order to terminate any RepoClear Dealer Clearing Agreement, such notice shall be given in writing and may be delivered by hand or sent by first class mail to the relevant addressee at the Clearing House, Aldgate House, 33 Aldgate High Street, London EC3N 1EA,.

  • However, notwithstanding such notification, the RepoClear Dealer's RCM shall remain responsible with regard to such RepoClear Contracts (including RepoClear Term £GC Contracts) for meeting all obligations to the Clearing House under the Regulations (including these Procedures) and any other applicable agreements, and the Clearing House's obligations to the RepoClear Dealer in such circumstances shall be as set out in the relevant RepoClear Dealer Clearing Agreement and the Regulations.

  • The terms and conditions of admission to each of the OTC Registers are set out in the ForexClear Dealer Clearing Agreement, the RepoClear Dealer Clearing Agreement and the SwapClear Dealer Clearing Agreement ("the OTC Agreements") as amended.

  • However, notwithstanding such notification, the RepoClear Dealer's RCM shall remain responsible with regard to such RepoClear Contracts (including RepoClear GC Contracts) for meeting all obligations to the Clearing House under the Regulations (including these Procedures) and any other applicable agreements, and the Clearing House's obligations to the RepoClear Dealer in such circumstances shall be as set out in the relevant RepoClear Dealer Clearing Agreement and the Regulations.

  • Any RCM wishing to authorise a RepoClear Dealer (with whom it has entered into a RepoClear Dealer Clearing Agreement with the Clearing House) to trade on any one or more approved ATSs (see Section‌1.3.1 (Approved Trade Matching Systems (ATMS's) and Automated Trading Systems (ATS's)) above must do so in writing addressed to the Head of RepoClear Operations.

  • Such notification must contain the name of the RCM, the name of the RepoClear Dealer (as it appears on therelevant RepoClear Dealer Clearing Agreement) and the date upon which such RepoClear Dealer may commence to act as transferor/transferee ("the commencement date").

Related to RepoClear Dealer Clearing Agreement

  • Clearing Agreement means Clearing, Settlement and Sponsorship Services Agreement by and between the Borrower and Fifth Third Bank dated as of July 27, 2016, as the same may be amended, modified, supplemented, restated, amended and restated or replaced from time to time.

  • Approved Clearing Agency means any other domestic clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934 which acts as a securities depository but only if the Custodian has received a certified copy of a resolution of the Board approving such clearing agency as a securities depository for the Trust.

  • Broker Dealer of Record means GWM Limited or any successor or replacement thereto or any other entity appointed as broker dealer of record in accordance with the terms of the Broker Dealer of Record Agreement.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Clearing Agency Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

  • Regular Dealer means a firm that meets the definition set forth in Section VII(c).

  • Foreign Securities Depository means a foreign securities clearing system qualifying as an Eligible Securities Depository (as defined in Section (b)(1) of Rule 17f-7 under the 0000 Xxx) that is listed on Schedule B annexed hereto, as amended from time to time pursuant to Section 4.5 hereof.

  • Broker-Dealer Agreement means each agreement between the Auction Agent and a Broker-Dealer substantially in the form attached hereto as Exhibit A.

  • inter-dealer bond broker means a person or company that is approved by the Investment Industry Regulatory Organization of Canada under its Rule No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its Rule No. 36 and its Rule 2100 Inter-Dealer Bond Brokerage Systems, as amended from time to time;

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Clear Day means 24 hours from midnight following the relevant event;

  • Common Depository has the meaning specified in Section 304(b).

  • central securities depository or ‘CSD’ means a central securities depository as defined in point (1) of Article 2(1) of Regulation (EU) No 909/2014.

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Euroclear Sweden means Euroclear Sweden AB, the Swedish central securities depository;

  • 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.

  • Broker-Dealer Subsidiary means any Subsidiary that is registered as a broker-dealer under the Exchange Act or any other applicable law requiring similar registration.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

  • Common Depositary has the meaning specified in Section 304.

  • 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”);

  • Euroclear Operator means Euroclear Bank S.A./N.V., as operator of the Euroclear System, and its successor and assigns in such capacity.

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  • Clearing Agency means an organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act.

  • Global Agency Agreement The global agency agreement between Xxxxxxx Mac and the Global Agent, dated as of the Closing Date.

  • Securities Depository Nominee means, as to any Securities Depository, such Securities Depository or the nominee of such Securities Depository in whose name there shall be registered on the registration books maintained by any Registrar, the Bond certificates to be delivered to and immobilized at such Securities Depository during the continuation with such Securities Depository of participation in its book-entry system.