Resigning Member definition

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

Resigning Member has the meaning set forth in Section 10.18B.(1).

Resigning Member shall have the meaning set forth in Section 13.01(d).

Examples of Resigning Member in a sentence

• If a Resignation Effective Date has occurred in respect of a Resigning Member and the SwapClear Service pursuant to Rule S(2)(e) of the Rates Service Default Fund Supplement, then the Clearing House will repay the SwapClear Contribution that it holds for such Clearing Member (to the extent it has not been applied under the Default Rules) to the Clearing Member’s relevant PPS account on such Resignation Effective Date.

• If a Resignation Effective Date has occurred in respect of a Resigning Member pursuant to Rule E7(e) of the Equities Default Fund Supplement, then the Clearing House will repay the Equities Contribution that it holds for such Clearing Member (to the extent it has not been applied under the Default Rules) to the Clearing Member’s relevant PPS account on such Resignation Effective Date.

• Except as otherwise expressly provided herein, a Resigning Member shall immediately become an assignee associated with such Series.

• Except as otherwise expressly provided herein, a Resigning Member shall become an Economic Interest Owner.

• If a Resignation Effective Date has occurred in respect of a Resigning Member and the ForexClear Service pursuant to Rule F3(e) of the ForexClear Default Fund Supplement, then the Clearing House will repay the ForexClear Contribution that it holds for such Clearing Member (to the extent it has not been applied under the Default Rules) to the Clearing Member’s relevant PPS account on such Resignation Effective Date.

More Definitions of Resigning Member

Resigning Member shall have the meaning set forth in Section 14.2 hereof.

Resigning Member means at any time any FCM Clearing Member: (i) who has

Resigning Member has the meaning set forth in Section 6.07.

Resigning Member has the meaning set forth in Section 14.12.

Resigning Member means at any time any Clearing Member: (i) who has givennotice 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"Revised Limits"has the meaning assigned to it in Regulation 100"Risk Neutralisation"has the meaning assigned to it in the Default Rules"Rule 19 Certificate"has the meaning assigned to it in Rule 19 of the Default Rules"Rulebook"means the Regulations, Default Rules, Settlement Finality Regulations, Procedures, and such other rules of the Clearing House, as published and amended from time to time"Rules Change Committee"means the decision-making body that will oversee and implement all material alterations, amendments or extensions to the Rulebook or the Clearing Membership Agreement in accordance with its terms of reference"Rules of the Clearing House"means the Rulebook of the Clearing House including the General Regulations, Default Rules, Settlement Finality Rules and Procedures"SC Regulations"means the rules and regulations of the Clearing House denoted as such

Resigning Member means at any time any Clearing Member: (i) who has given

Resigning Member has the meaning set forth in Section 9.2(a).