Transferring SwapClear Contracts definition

Transferring SwapClear Contracts means those SwapClear Contracts registered in the Transfer Account of a Carrying Clearing Member that are subject to a request to be transferred to the Transfer Account of a Receiving Clearing Member and includes, in the case of a transfer as described in sub-paragraph (ii) of the definition of "Receiving Clearing Member", FCM SwapClear Contracts
Sample 1Sample 2Sample 3
Transferring SwapClear Contracts means those SwapClear Contracts registered in the Transfer Account of a Carrying Clearing Member that are subject to a request to be transferred to the Transfer Account of a Receiving Clearing Member and includes, in the case of a transfer as described in sub-paragraph (ii) of the definition of "Receiving Clearing Member", FCM SwapClear Contracts"Treasury Account"means any accounting process under which an amount due under a Treasury Contract from a member to the Clearing House is set off against any amount due from the Clearing House to that Member"Treasury Contract"means any contract, including a contract of deposit, entered into by the Clearing House with that Member for purposes of, in connection with or otherwise in the course of its treasury management activities (and excluding, for the avoidance of doubt, ATS Contracts)"Unallocated FCM SwapClear Contract"has the meaning assigned to it in the FCM Regulations"Unallocated Excess"has the meaning assigned to it in the FCM Regulations"Unallocated Excess Sub- Account"has the meaning assigned to it in the FCM Regulations"Undertaking to Pay and Deliver"has the meaning ascribed to such term in Regulation 11(c)"Unfunded Contribution"means the unfunded Contribution of a Clearing Member referable to a specific Service provided by the Clearing House"US Trading Venue"means a swap execution facility or designated contract market registered as such with the CFTC which the Clearing House has approved for the purposes of having transactions executed thereon submitted to the Clearing House for registration. For the avoidance of doubt, a US Trading Venue need not be an Approved Trade Source System"US Trading Venue Transaction"means, in respect of a Clearing Member, a transaction recorded in the Clearing House’s systems (via applicable messaging from the relevant US Trading Venue, Approved Trade Source System or otherwise) as a transaction that was executed on a swap execution facility or designated contract market that, as at the time of such execution, was an Eligible US Trading Venue in respect of such Clearing Member
Sample 1Sample 2
Transferring SwapClear Contracts means those FCM SwapClear Contracts registered in the Transfer Account of a Carrying Clearing Member that are subject to a request to be transferred to the Transfer Account of a Receiving Clearing Member and includes, in the case of a transfer as described in sub-paragraph (ii) of the definition of "Receiving Clearing Member", SwapClear Contracts. “UK General Regulations” means the Clearing House’s Default Rules and the Settlement Finality Regulations, and the Clearing House's General Regulations from time to time in force. “UK General Procedures” means the Clearing House's “Procedures” as such term is defined in the UK General Regulations, which are applicable to the UK General Regulations. “Unallocated Excess” has the meaning assigned to such term in FCM Regulation 15(b). “Unallocated Excess Sub- Account” has the meaning assigned to such term in FCM Regulation 15(b). “Unallocated FCMForexClear Contract” has the meaning assigned to such term in FCM Regulation 49(q)(ii). “Unallocated FCMForexClear Transaction” has the meaning assigned to such term in FCM Regulation 49(q)(i). “Unallocated FCM SwapClear Contract” has the meaning assigned to such term in FCM Regulation 46(p)(ii). “Unallocated FCM SwapClear Transaction” has the meaning assigned to such term in FCM Regulation 46(p)(i). “Variation Settlement” has the meaning assigned to such term in FCM Regulation 47(b). “Withdrawal Date” means the date upon which the Clearing House determines to withdraw the FCM SwapClear Service or the FCM ForexClear Service, as applicable, in accordance with these FCM Regulations and the FCM Procedures. “With Client ExcessModel” has the meaning assigned to it in FCM Regulation 15(d). “Without Client ExcessModel” has the meaning assigned to it in FCM Regulation 15(c).
Sample 1

Examples of Transferring SwapClear Contracts in a sentence

  • In the event that, for whatever reason, the Clearing House is unable to transfer such Associated Collateral Balance, the Clearing House will not proceed with the transfer of the Transferring SwapClear Contracts.

  • The SwapClear Clearing System provides functionality for transfer of one or more Transferring SwapClear Contracts between the Transfer Account of an Eligible Transferor to the Transfer Account of an Eligible Transferee, including, where relevant, the transfer of an Associated Collateral Balance.

  • In such circumstances, the Clearing House will notify the Receiving Clearing Member that the Associated Collateral Balance will not be transferred and, in order to proceed with the transfer of the associated Transferring SwapClear Contracts, the Receiving Clearing Member will have to furnish to the Clearing House sufficient collateral in respect of the Transferring SwapClear Contracts.

  • Any such election will not, of itself, prevent the transfer of the Transferring SwapClear Contracts of the Eligible Transferor and any Associated Collateral Balance which has been accepted by the Receiving Clearing Member, provided that the conditions set out in Section 1.15.5 above are satisfied in relation to such transfer.

  • For the avoidance of doubt, a Permitted Transfer may be effected for all or part of the notional amount associated with the Transferring SwapClear Contracts.

  • In the event that the Carrying Clearing Member fails to notify the Clearing House of the specific collateral which should comprise the Associated Collateral Balance(s), the Clearing House shall identify and select the Collateral it deems appropriate to comprise the Associated Collateral Balance(s) attributable to the Transferring SwapClear Contracts, in its sole discretion.

  • For the avoidance of doubt, a PermittedTransfer may be effected for all or part of the notional amount associated with the Transferring SwapClear Contracts.

  • In the event that the Carrying Clearing Member fails to notify the Clearing House of the specific collateral which should comprise the Associated Collateral Balance(s), the Clearing House shall identify and select the Collateral it deemsappropriate to comprise the Associated Collateral Balance(s) attributable to the Transferring SwapClear Contracts, in its sole discretion.

  • Where: (i) the Clearing House transfers an Associated Collateral Balance pursuant to these Procedures and the Regulations; or (ii) a Permitted Transfer that is an Intra-Day Bulk Transfer does not lead to a change in beneficial ownership, the Clearing House will also transfer the aggregate balance held in respect of variation margin and next day settlement coupons and fees associated with the Transferring SwapClear Contracts, and such transfer shall be reflected in the relevant Clearing Member reports.

  • The SwapClear Clearing System provides functionality for transfer of one or more Transferring SwapClear Contracts between the Transfer Account of an EligibleTransferor to the Transfer Account of an Eligible Transferee, including, where relevant, the transfer of an Associated Collateral Balance.

Related to Transferring SwapClear Contracts

  • Similar contract means Motor Vehicle.

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Cap Contracts means (i) the Cap Contract between the Trustee and the counterparty named thereunder, for the benefit of the Holders of the Class A-1 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group I Cap Contract") and (ii) the Cap Contract between the Trustee and the counterparty thereunder, for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group II Cap Contract").

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Proposed Contract means the agreement including any other terms and conditions contained in or referred to in this RFP that may be executed between the DBSA and the successful Bidder.

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Call-Off Contract means any contract for the Supply of Services between a Framework Public Body and the Contractor entered into in accordance with the Award Procedures and based on the Standard Terms of Supply.

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Specified Contracts has the meaning set forth in Section 4.13(a).

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

  • Company Contracts has the meaning set forth in Section 3.13(a).

  • First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor’s supplier agreements with vendors, such as long-term arrangements for materials or supplies that would benefit multiple contracts and/or the costs of which are normally applied to a Contractor’s general and administrative expenses or indirect cost.

  • Cap Contract Any of the Class A-1 Cap Contract, the Class A-2 Cap Contract or the Subordinate Certificates Cap Contract.

  • Transferring Member has the meaning set forth in Section 9.4.