SwapClear Default Fund Supplement definition

SwapClear Default Fund Supplement means the Supplement relating to the SwapClear Business
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SwapClear Default Fund Supplement means the supplement to it in Rule 17these Default Fund Rules relating to the SwapClear Business;
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SwapClear Default Fund Supplement means the Supplement relating to the SwapClear Business "SwapClear Default Management Process" has the meaning assigned to it in the SwapClear DMP Annex in the Default Rules "SwapClear Default Management Process Completion Date" has the meaning assigned to it in the SwapClear DMP Annex in the Default Rules "SwapClear Default Period" has the meaning ascribed to it in Rule S2 of the SwapClear Default Fund Supplement "SwapClear Determination Date" has the meaning assigned to it in Rule S2 of the SwapClear Default Fund Supplement "SwapClear DMG" has the meaning assigned to it in the SwapClear DMP Annex in the Default Rules "SwapClear DMP" has the meaning assigned to it in the Default Rules "SwapClear Eligibility Criteria" means the product eligibility criteria in respect of SwapClear Transactions as set out in the Product Specific Contract Terms and Eligibility Criteria Manual as published on the Clearing House's website from time to time "SwapClear End of Day Price" Has the meaning assigned to it in Chapter XIV(l) "SwapClear Excess Loss" means the net sum or aggregate of net sums certified to be payable by a Defaulter by a Rule 19 Certificate in respect of SwapClear Business less (a) the proportion of the Capped Amount applicable to SwapClear Business under Rule 15(c) of the Default Rules and (b) any sums then immediately payable in respect of SwapClear Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House "SwapClear Regulations" means those Regulations which apply to SwapClear Contracts as specified in Regulation 54 "SwapClear Segregated Fund Amount" means the amount as determined in accordance with Rule S2(b) of the SwapClear Default Fund Supplement "SwapClear Service" the service provided by the Clearing House under the SwapClear Regulations "SwapClear STM Contract" Means a SwapClear Contract that is either registered at the Clearing House as a SwapClear STM Contract pursuant to
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Examples of SwapClear Default Fund Supplement in a sentence

  • An SCM’s "SwapClear Contribution" shall be the amount determined in accordance with the SwapClear Default Fund Supplement and shall include any SwapClear Unfunded Contributions deposited and made by the SCM with the Clearing House.

  • These Default Fund Rules (including the ForexClear Default Fund Supplement, the SwapClear Default Fund Supplement and the RepoClear Default Fund Supplement) form part of the Default Rules and the Clearing House Rulebook but do not apply in relation to a Participating Exchange.

  • Competition — A reliability standard shall not give any market participant an unfair competitive advantage.

  • An SCM’s "SwapClear Contribution" shall be the amount specifieddetermined in accordance with the SwapClear Default Fund Supplement, in accordance with Rules 15 to 37 (inclusive) and shall include any SwapClear Unfunded Contributions deposited and made by the SCM with the Clearing House.

  • These Default Fund Rules (including the ForexClear Default Fund Supplement, the SwapClear Default Fund Supplement and the RepoClear Default Fund Supplement) form part of the Default Rules and the Clearing House Rulebook but do not.

  • For the purposes of calculating the SwapClear Margin Weight under Rule S2(c) of the SwapClear Default Fund Supplement, the average daily requirement for initial margin applied to an SCM shall be determined by reference to the SwapClear Contracts comprising the SwapClear House Business of that SCM only.


More Definitions of SwapClear Default Fund Supplement

SwapClear Default Fund Supplement means the supplement to these Default Fund Rules relating to the SwapClear Business;
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Related to SwapClear Default Fund Supplement

  • Master Servicer Event of Default wherever used herein, means any one of the following events:

  • Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • default fund means a default fund held by a CCP in accordance with Article 42 of Regulation (EU) No 648/2012;

  • Indenture Default means any condition, circumstance, act or event that, with the giving of notice, the lapse of time or both, would constitute an Indenture Event of Default.

  • Servicer Default means an event specified in Section 8.01.

  • Servicing Default The meaning assigned in Section 6.01 of the Servicing Agreement.

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Spread Account Deficiency means the excess, if any, of the Required Spread Account Amount over the Available Spread Account Amount.

  • Default Under the Trust Indenture With respect to any MBS, any condition, occurrence or event which, if continued for any specified period of time after the giving of any requisite notice, would be an “Event of Default” under the Trust Indenture pursuant to which such MBS was issued.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Modification Default Loss means the loss calculated in Exhibits 2a(1)-(3) for single family loans previously modified pursuant to this Single Family Shared-Loss Agreement that subsequently default and result in a foreclosure, short sale or Deficient Loss.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Liquidity Provider Ratings Event means the Liquidity Provider shall fail to maintain at any time (i) short-term debt ratings in one of the two highest rating categories from the Requisite NRSROs or (ii) such other short-term debt ratings, if any, as may be required for the VRDP Shares to satisfy the eligibility criteria under Rule 2a-7 under the 1940 Act.

  • cross-default obligation means a term of any agreement or arrangement whereby the Appointee's liability to pay or repay any debt or other sum arises or is increased or accelerated by reason of a default of any person other than the Appointee. 6.12 Without prejudice to the application of paragraph 6.2 the Appointee shall declare or pay dividends only in accordance with a dividend policy which has been approved by the Board of the Appointee and which complies with the following principles -

  • Subordination Event means any one of the following events:

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Senior Default means any Senior Payment Default or Senior Covenant Default.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.