SwapClear Business definition
SwapClear Business means any transaction, obligation or liability arising out of any SwapClear Contract;
SwapClear Business means any transaction, obligation or liability arising out of
SwapClear Business means any transaction, obligation or liability arising out of any SwapClear Contract (which, for the avoidance of doubt, includes for purposes of the Rates Service DMP Annex the Portfolio Margined Contracts (if any) of a Portfolio Margining Clearing Member)
More Definitions of SwapClear Business
SwapClear Business means any transaction, obligation or liability arising out of any SwapClear Contract (which, for the avoidance of doubt, includes for purposes of the Rates Service DMP Annex the Portfolio Margined Contracts (if any) of a Portfolio Margining Clearing Member) "SwapClear Clearing Client" means, in respect of SwapClear Client Clearing Business, an Individual Segregated Account Clearing Client, an Indirect Gross Account Clearing Client, a Custodial Segregated Client or an Omnibus Segregated Clearing Client "SwapClear Clearing House Business" means SwapClear Contracts entered into by a SwapClear Clearing Member with the Clearing House on a proprietary basis and for its own account "SwapClear Clearing Member" or "SCM" means a Member who is designated by the Clearing House as a SwapClear Clearing Member eligible to clear SwapClear Contracts which includes, in the case of the Default Rules (including the Rates Service DMP Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM Clearing Member "SwapClear Client Clearing Business" means the provision of SwapClear Client Clearing Services by a SwapClear Clearing Member "SwapClear Client Clearing Services" means the entering into of SwapClear Contracts by a SwapClear Clearing Member in respect of its Individual Segregated Account Clearing Clients, Indirect Gross Account Clearing Clients, Custodial Segregated Clients and/or Omnibus Segregated Clearing Clients "SwapClear Contract" means a Contract entered into by the Clearing House with a SwapClear Clearing Member on the SwapClear Contract Terms which includes, in the case of the Default Rules (including the Rates Service DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM SwapClear Contract "SwapClear Contract Terms" means the terms applicable to each SwapClear Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual "SwapClear Contribution" means an SCM's Contribution provided for under Part A of the Rates Service Default Fund Supplement – SwapClear and shall include any relevant SwapClear UnfundedContributions and any relevant Supplementary Contribution in respect of the SCM