RepoClear Eligible Securities definition
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 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 of the Default Rules; 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 any policy of insurance or analogous instrument written in favour of the Clearing House "RepoClear Loss Distribution Process" has the meaning assigned to it in Rule R9 of the RepoClear Default Fund Supplement "RepoClear Participants" means RepoClear Clearing Members as defined in these SC Regulations and in the General Regulations, RepoClear Dealers as defined in the General Regulations and Agent Members as defined in these SC Regulations and "RepoClear Participant" means any of them "RepoClear Segregated Fund Amount" means the amount as determined in accordance with Rule R2 and R3 of the RepoClear Default Fund Supplement "RepoClear Service" the service provided by the Clearing House under the SC RepoClear Regulations "RepoClear Term £GC Contract" means a Contract entered into by the Clearing House with a Sponsored Member on the RepoClear Term £GC Contract Terms "RepoClear Term £GC Transaction" means a Contract, meeting the requirements of the SC Regulations and SC Procedures for registration as a RepoClear Term £GC Contract, details of which are presented to the Clearing House for registration in the name of Sponsored Members in accordance with the SC Regulations, SC Procedures and the terms of any agreement entered into between the Clearing House and each such Sponsored Member and their relevant Agent Member "RepoClear Transaction" means a Contract, meeting the requirements of the SC Regulations and SC Procedures for registration as a RepoClear Contract, details of which are presented to