Swap Product definition

Swap Product means a Product which constitutes a Cleared Swap. SuchProducts are: (1) FCM SwapClear Contracts and (2) FCM ForexClear Contracts.
Swap Product means a Product which constitutes a Cleared Swap. Such Products are: (1) FCM SwapClear Contracts and (2) FCM ForexClear Contracts.“SwapClear Contract”has the meaning assigned to it in the General Regulations but which shall not, unless stated otherwise, include an FCM SwapClear Contract.“SwapClear Contribution”has the meaning assigned to it in the UK General Regulations.“SwapClear Clearing Member”means a person who is designated as such by the Clearing House pursuant to the UK General Regulations and who is not an FCM Clearing Member.“SwapClear CTM Contract”has the meaning assigned to it in the General Regulations.“SwapClear Determination Date”has the meaning assigned to it in the UK General Regulations.“SwapClear DMP”has the meaning assigned to it in the SwapClear DMP Annex of the Default Rules.“SwapClear Tolerance”has the meaning assigned to it in Section 2.1.3(c) of the FCM Procedures."Terminating FCM SwapClear Contracts"means, in relation to any Compression Proposal, the FCM SwapClear Contracts that will be terminated and replaced with Post-Multilateral Compression Contracts in accordance with Regulation 46(n).“Termination Amount”has the meaning assigned to such term in FCM Regulation 37(d)(iv).“Transfer Account”means: (i) in respect of a Receiving Clearing Member, the account in which Transferring SwapClear Contracts or Transferring ForexClear Contracts, as the case may be, are to be registered on behalf of an Eligible Transferee following a transfer pursuant to FCM Regulation 46(q) or FCM Regulation 49(r) and in accordance with the FCM Procedures (which, for the avoidance of doubt, may be a Client Account or a Proprietary Account of the Receiving Clearing Member); and (ii) in respect of a Carrying Clearing Member, the account in which Transferring SwapClear Contracts or Transferring ForexClear Contracts, as the case may be, are to be transferred from an Eligible Transferor following a transfer pursuant to FCM Regulation 46(q) or Regulation 49(r) and in accordance with the FCM Procedures (which, for the avoidance of doubt, may be a Client Account or a Proprietary Account of the CarryingClearing Member).
Swap Product means a swap product that is designated as "Fin" in the NGX Product List and may be made available on the NGX Trading System and/or NGX Clearing System from time to time with such further particulars as may be applicable in Schedule "E";

Examples of Swap Product in a sentence

  • The ability of FCM Clearing Members to maintain Excess Margin in its FCM Client Sub-Accounts is governed by the provisions of the FCM Rulebook, including FCM Regulation 15 (Margining of Swap Product Client Accounts).

  • Clearing House shall, at least daily, call on the FCM Clearing Member to pay to it cash in respect of such FCM Clearing Member's Variation Margin obligations, representing theunless there has not been a change in the net present value of the applicable Swap Product, pay a settlement payment to, or require a settlement payment from, an FCM Clearing Member in respect of each FCM SwapClear Contracts and FCM ForexClear Contract registered in such FCM Clearing Member's name.

  • Each Variation Settlement shall be an amount of cash equal to the change from the preceding NPV Determination Time (or in the event that no NPV Determination Time has occurred in respect of a Swap Product, the change from the time of registration of such Swap Product) in the net present value of the applicable FCM SwapClear Contract or FCM ForexClear Contract.

  • Robin Nicholas, Head of Swap Product at 360T Trading Networks (360T), believes regulation has driven change.

  • Interest may Swap Product Disclosure Statement A Product Disclosure Statement is an informative document.

  • Swap Product DefinitionsClearing End-User ExemptionClearing Phase-InMandatory Clearing Determination ProposalSEF Core PrinciplesDCM/SEF “Made Available to Trade” DeterminationsMandatory Trading Phase-In Fall 2012 Block TradesDCM/SEF/DCO Conflicts of Interest and GovernanceMargin Requirements for Non-Bankshe CFTC has finalized several Dodd- Frank rules and has released a pro- posed timetable for finalizing the rest.


More Definitions of Swap Product

Swap Product means a Product which constitutes a Cleared Swap. Such
Swap Product. SwapClear Contract” means a Product which constitutes a Cleared Swap. Such Products are: (1) FCM SwapClear Contracts and (2) FCM ForexClear Contracts. has the meaning assigned to it in the General Regulations but which shall not, unless stated otherwise, include an FCM SwapClear Contract.

Related to Swap Product

  • Derivative Product means a written contract or agreement between the Authority and a Reciprocal Payor, which provides that the Authority’s obligations thereunder will be conditioned on the absence of (a) a failure by the Reciprocal Payor to make any payment required thereunder when due and payable, or (b) a default thereunder with respect to the financial status of the Reciprocal Payor; and:

  • SAP Products means Software, Documentation, SAP Materials, Services, Subscription Services, Cloud Services and Maintenance Services. “SAP SDK” means SAP software development kit that includes tools such as APIs, source code, redistributable files and instructions. “Services” means SAP’s then-current services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Milk product or "dairy product" means cottage cheese, dry curd cottage cheese, reduced fat cottage cheese, lowfat cottage cheese, cream, light cream, light whipping cream, heavy cream, heavy whipping cream, whipped cream, whipped light cream, sour cream, acidified sour cream, cultured sour cream, half-and-half, sour half-and-half, acidified sour half-and-half, cultured sour half-and-half, reconstituted or recombined milk and milk products, concentrated milk, concentrated milk products, skim milk, lowfat milk, frozen milk concentrate, flavored milk, eggnog, buttermilk, cultured milk, cultured lowfat milk, cultured skim milk, yogurt, lowfat yogurt, nonfat yogurt, acidified milk, acidified lowfat milk, acidified skim milk, low-sodium milk, low-sodium lowfat milk, low-sodium skim milk, lactose-reduced milk, lactose-reduced lowfat milk, lactose-reduced skim milk, aseptically processed and packaged milk, milk products with added safe and suitable microbial organisms, and any other milk product made by the addition or subtraction of milkfat or addition of safe and suitable optional ingredients for protein, vitamin, or mineral fortification. Unless a product is considered a milk product under this subdivision, milk product does not include dietary products, infant formula, ice cream or other desserts, cheese, or butter. Milk products include the following:

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Combination Product means any combination of the Product with one (1) or more other active ingredients, products or services that is not the Product, where such products are sold either as a fixed dose/unit or as separate doses/units in a single package for a single price.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Final Product means a reasonably homogenous cannabis product in its final packaged form created using the same standard operating procedures and the same formulation.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Replacement Product means electric generating capacity, capacity-related benefits, environmental attributes, Energy or other electric products from a generation resource other than the Facility that are provided or delivered to replace or substitute for Contract Capacity or Storage Capacity (or any Capacity-Related Benefit, Environmental Attribute, Other Electric Product, Contract Energy, or Storage Energy associated therewith), in each case, in whole or in part, pursuant to Section 4.6.

  • Back-Up Compound means, with reference to any particular Development Candidate or Drug Product Candidate, a Compound which (a) has the same principal mode of action (i.e., Potentiator or Corrector) as that Development Candidate or Drug Product Candidate; and (b) was among the group of Compounds, identified by VERTEX as potential additional lead molecules having the same principal mode of action, from which the Development Candidate was selected.

  • Adjustable Product Data means the Adjustable Product Data as specified in § 1 of the Product and Underlying Data.

  • Nicotine product means a product that contains nicotine and is not any of the following:

  • Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

  • Commercial Product means any such product as defined in FAR 2.101.

  • House dust mite product means a product whose label, packaging, or accompanying literature states that the product is suitable for use against house dust mites, but does not indicate that the product is suitable for use against ants, cockroaches, or other household crawling arthropods.

  • Recycled product means a product containing recovered material, or post-consumer recovered material, or both.

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Aerosol Product means a pressurized spray system that dispenses product ingredients by means of a propellant contained in a product or a product's container, or by means of a mechanically induced force. “Aerosol Product” does not include “Pump Spray.”

  • Therapeutic Product means a health product categorised as a therapeutic product in the First Schedule to the Act;

  • Alternative nicotine product means any noncombustible product containing nicotine that is intended for human consumption, whether chewed, absorbed, dissolved, or ingested by any other means. "Alternative nicotine product" does not include any nicotine vapor product, tobacco product, or product regulated as a drug or device by the U.S. Food and Drug Administration (FDA) under Chapter V (21

  • Spray buff product means a product designed to restore a worn floor finish in conjunction with a floor buffing machine and special pad.

  • Exempt compound means the same as defined in Rule 2.