Sponsoring Participant definition

Sponsoring Participant means a Participant that extends Trading Privileges to a Sponsored Participant pursuant to Rule 3110.

Sponsoring Participant means a Participant that is an FCM and in respect of which Sponsored Designation has occurred and is continuing.

Sponsoring Participant means the owner or contractor who

Examples of Sponsoring Participant in a sentence

• The Sponsoring Participant further agrees to cooperate with the SEF, or any other regulator, in connection with any inquiry regarding the Sponsored Participant’s access and activities relating to the SEF and, in connection with such inquiry, the Sponsoring Participant shall ensure the cooperation of the Sponsored Participant and procure that the Sponsored Participant is contractually bound to cooperate with the SEF or any other regulator.

• Pershing may act as a CHESS Sponsoring Participant of the clients of its Correspondents.

• Any execution occurring as a result of an Order or Transaction entered by a Sponsored Participant shall be binding in all respects on the Sponsoring Participant.

• If Pershing is to act as your CHESS Sponsoring Participant, you will need to enter into a Sponsorship Agreement with Pershing.

• If the Sponsoring Participant is not the Sponsored Participant’s Clearing Firm, the Sponsoring Participant will provide all relevant clearing information to the SEF on behalf of the Sponsored Participant.

More Definitions of Sponsoring Participant

Sponsoring Participant. Has the meaning given in the ASX Settlement Operating Rules. Generally, the Sponsoring Participant is a Participant that establishes and maintains a Participant Sponsored Holding. Subposition Has the meaning given in the ASX Settlement Operating Rules. Generally, a Subposition is a facility in CHESS for restricting certain activities in relation to securities under CHESS. Target Facility Balance Means the amount specified by the Borrower as the target facility balance in the Application Form or as otherwise notified to the Lender from time to time. Third Party Sponsor A Person other than the Sponsor appointed by the Security Owner and approved by the Lender to be the Controlling Participant in relation to any CHESS Holding comprising any part of the Secured Portfolio. Total Amount Owing At any time, all moneys the Borrower owes the Lender now or in the future, including, without limitation, and whether or not relating to the Margin Loan Facility or otherwise: • money which the Borrower actually does owe or will owe the Lender including money which the Lender has loaned to the Borrower, or agreed to pay for the account of the Borrower, interest, fees, Costs, charges, damages and money owing in respect of any indemnities; • money which the Borrower contingently owes the Lender at that time; and • money which the Borrower may owe the Lender after that time if something happens or becomes known. This applies even if there is no existing obligation to pay it, so long as it arises in relation to circumstances which at that time either exist or can reasonably be foreseen or contemplated. Transfer Has the meaning given in the ASX Settlement Operating Rules.

Sponsoring Participant means a Participant that establishes and maintains a Participant Sponsored Holding.

Sponsoring Participant means a Participant that establishes and maintains a Participant Sponsored Holding. Page 43 of 84

Sponsoring Participant means the Participant that extends Trading Privileges to a Sponsored Participant in accordance with Rule 3110.

Sponsoring Participant means the owner or contractor who establishes the controlled insurance program.

Sponsoring Participant means a Participant that establishes and maintains a Participant Sponsored Holding. Page 47 of 89

Sponsoring Participant means a Participant that extends Trading Privileges to a Sponsored Participant in accordance with Rule 3110.