Required Initial Margin Amount definition

Required Initial Margin Amount means, in respect of one or more Contract(s) and associated hedge positions, the most recent amount of initial margin which the Clearing House requires in respect of such Contract(s) and hedge positions as determined by the Clearing House and as recorded on its books and records
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Required Initial Margin Amount means, in respect of one or more Contract(s) and associated hedge positions, the most recent amount of initial margin which the Clearing House requires in respect of such Contract(s) and hedge positions as determined by the Clearing House and as recorded on its books and records "Required Margin Amount" means: (i) in respect of any type of margin and any account (other than an Omnibus Gross Segregated Account or Indirect Gross Account), (ii) in respect of any type of margin and (a) each Single Omnibus Gross Segregated Clearing Client within an Omnibus Gross Segregated Account, or (b) the Combined Omnibus Gross Segregated Clearing Clients grouped together within an Omnibus Gross Segregated Account, and (iii) in respect of any type of margin and each Indirect Gross Sub-Account, the most recent amount of each type of margin which the Clearing House requires in respect of the relevant account, sub-account or client(s) (as the case may be) as determined by the Clearing House and as recorded on its books and records "Requisite ForexClear Option Clearing Members" means, on any business day, one or more ForexClear Option Clearing Members representing at least 75% of the total number of ForexClear Option Clearing Members "Resignation Effective Date" means the date on which the termination of a Resigning Member's Clearing Member status in respect of a specific Service becomes effective, as specified in Regulation 5(a) "Resigning Member" means at any time any Clearing Member: (i) who has given notice to the Clearing House for the purposes of resigning from a particular Service; or (ii) in respect of whom the Clearing House has given notice for the purposes of requiring such Clearing Member to resign from a particular Service "Retirement Effective Date" means the date on which the termination of a Retiring Member's Clearing Member status becomes effective, as specified in Regulation 5(e) "Retiring Member" means at any time any Clearing Member or, as the context may require, any former Clearing Member: (i) who has given notice to terminate its Clearing Member status to the Clearing House; or (ii) in respect of whom the Clearing House has terminated or given notice to terminate its Clearing Member status "Return Window" has the meaning assigned to it in the Client Clearing Annex to the Default Rules "Revised Caps" has the meaning assigned to it in Regulation 100
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Required Initial Margin Amount means the amount of Initial Margin which a Clearing Participant is required to deposit with JSCC pursuant to the provisions in Article 15 and Article 70.
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Examples of Required Initial Margin Amount in a sentence

  • The value of each Account Class Risk Factor is calculated as the proportion that the Required Initial Margin Amount in respect of each set of Rates Services Contracts bears to the aggregate Required Initial Margin Amount of all Rates Service Contracts that are transferred into the Hedged Account at the time such Clearing Client becomes a Non-Porting Client (i.e. at the time of transfer of the Rates Service Contracts into the Hedged Account).

  • For the avoidance of doubt, the Existing Non-Porting Clients Combined Account Class Risk Factor is calculated without respect to the Required Initial Margin Amount of the transferred Rates Service Contracts referable to the New Non- Porting Clients.

  • The manner of notification to a Clearing Participant of its Required Initial Margin Amount prescribed by JSCC as set forth in Paragraph 4 of Article 64 of the Business Rules shall be the method using the CDS Clearing System.

  • The Required Initial Margin Amount for each Clearing Contract subject to Brokerage shall be calculated by JSCC in accordance with the Business Rules, etc.

  • Party B shall deposit with JSCC the Initial Margin in the amount no less than the Required Initial Margin Amount for each Clearing Contract subject to Brokerage (or, if otherwise agreed between Party A and Party B, the larger of the amount calculated under such agreement or the Required Initial Margin Amount) (hereinafter referred to as “Required Deposit Amount”).

  • Required Initial Margin Amount in respect of Clearing Contract (Customer Account) The Required Initial Margin Amount of a Clearing Contract (Customer Account) shall be the total amount of the amount calculated using the formula set forth in Paragraph 1 above in respect of each Customer Transaction Account.

  • The Existing Non-Porting Clients Combined Account Class Risk Factor shall be based on the Required Initial Margin Amount of all Rates Service Contracts and associated hedge positions held in the Hedged Account at the beginning of the day on which New Non-Porting Clients are included in the Hedged Account (i.e. at a time prior to the transfer of the Rates Service Contracts referable to New Non-Porting Clients into the Hedged Account).

  • The measures to raise the Required Initial Margin Amount set forth in Article 32 of the Business Rules shall be taken by the method of regarding the amount calculated in accordance with the multiplier prescribed by JSCC through notification as the Extra Required Initial Margin Amount.

  • The amount equivalent to the Required Initial Margin Amount multiplied by the ratio prescribed by JSCC through notification; b.

  • The Existing Non-Porting Clients Combined Account Class Risk Factor shall be based on the Required Initial Margin Amount of all Rates Service Contracts and associated hedge positions held in the Hedged Account at the beginning of the day on which New Non-Porting Clients are included in the Hedged Account (i.e. at a time prior to the transfer of the Rates Service Contracts referable to New Non- Porting Clients into the Hedged Account).

Related to Required Initial Margin Amount

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.