Uncleared Swap definition

Uncleared Swap means any Swap other than a Cleared Swap.
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Uncleared Swap means a Swap other than a Cleared Swap. 201. Board
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Uncleared Swap means a Swap other than a Cleared Swap. 102. Rules of Interpretation For all purposes of these Rules, except as otherwise expressly provided herein or unless the context otherwise requires:
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Examples of Uncleared Swap in a sentence

  • Settlement of Uncleared Swaps Settlement of all Uncleared Swaps shall be effected bilaterally between the parties to the Uncleared Swap pursuant to the terms of such Uncleared Swap and applicable agreements between the parties to the trade, and the Company shall not have any responsibility for any element of such settlement.

  • The economic terms specific to the transaction agreed by the Participants or Trading Customers on the SEF with respect to an Uncleared Swap shall be reflected by the Company in a written communication (the " Trade Communication") sent to or through the applicable Participants.

  • Upon request from the CFTC, the Company shall request from any counterparty (or, if applicable, the Introducing Agent or Account Manager acting on behalf of a Trading Customer or Client Account) that enters into an Uncleared Swap pursuant to these Rules any previously-negotiated freestanding agreements, the terms of which are incorporated in the Terms Incorporated by Reference, to the Company upon request and shall furnish such agreements to the CFTC as soon as they are available to the Company.

  • Each counterparty (or, if applicable, the Introducing Agent or Account Manager acting on behalf of a Trading Customer or Client Account) that enters into an Uncleared Swap pursuant to these Rules shall provide any underlying previously-negotiated freestanding agreements, the terms of which are incorporated in the Terms Incorporated by Reference, to the Company upon request.

  • The economic terms specific to the transaction agreed by the Participants or Trading Customers on the SEF with respect to an Uncleared Swap shall be reflected by the Company in a written communication (the “ Trade Communication”) sent to or through the applicable Participants.

  • Each counterparty (or, if applicable, the Introducing Agent or Account Manager acting on behalf of a Trading Customer or Client Account) that enters into an Uncleared Swap pursuant to these Rules shall provide any underlying previously- negotiated freestanding agreements, the terms of which are incorporated in the Terms Incorporated by Reference, to the Company upon request.

  • For each Uncleared Swap executed on or pursuant to the rules of the SEF, each previously-negotiated freestanding agreement of the counterparties included in the Terms Incorporated by Reference must be available to the SEF and/or the CFTC staff upon request within a reasonable period of time.

  • A Participant may enter into an Uncleared Swap on behalf of a Customer or Client only if such Customer or Client has swap trading relationship documentation with the relevant counterparty that meets the requirements of Applicable Law.

  • Settlement of Uncleared Swaps shall be effected bilaterally between the parties to the Uncleared Swap, and the Company shall have no responsibility whatsoever for any element of such settlement.

  • Uncleared Swaps A Participant or Sponsored Access Firm may enter into an Uncleared Swap only with a counterparty with which such Participant or Sponsored Access Firm has swap trading relationship documentation that meets the requirements of Applicable Law.


More Definitions of Uncleared Swap

Uncleared Swap means a Transaction that is a “swap” as defined in the CEA section 1(a)(47) and CFTC regulation 1.3(xxx) that is not subject to the CFTC’s mandatory clearing requirement under CEA section 2(h) and CFTC regulations promulgated thereunder.
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Related to Uncleared Swap

  • Cleared Swap means a Swap that is subject to the mandatory clearing requirement of Section 2(h)(1)(A) of the CEA or any Swap that is intended by a Participant to be submitted to a DCO for clearing contemporaneously with execution.

  • Cleared UCAP means the amount of MW (rounded down to the nearest tenth of a MW) that had been subject to an Offer Floor but has cleared in accordance with Section 23.4.5.7.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Curtailment Order means any of the following:

  • Cash Management Order means an order of the Bankruptcy Court, in form and substance acceptable to the Required Lenders, (i) approving and authorizing the Loan Parties to use existing cash management system, (ii) authorizing and directing banks and financial institutions to honor and process checks and transfers, (iii) authorizing continued use of intercompany transactions, (iv) waiving requirements of Section 345(b) of the Bankruptcy Code and (v) authorizing the Loan Parties to use existing bank accounts and existing business forms.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Payment Order means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or determinable amount of money to a beneficiary if the following apply:

  • Entitlement Order shall have the meaning specified in Section 8-102 of the UCC.

  • Trading Account means the unique personified registration system of all Completed Transactions, Open Positions, Orders and deposit/withdrawal transactions in the Trading Platform.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Asset Swap means the substantially concurrent purchase and sale or exchange of Related Business Assets or a combination of Related Business Assets and cash or Cash Equivalents between any Company and another person; provided that any cash or Cash Equivalents received must be applied in accordance with Section 2.10(c).

  • FX means the fixing of the FX Exchange Rate as published 2 p.m. Frankfurt am Main local time by the Fixing Sponsor on the FX Screen Page (or any successor).

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Settlement Hearing means the hearing set by the Court under Rule 23(e)(2) of the Federal Rules of Civil Procedure to consider final approval of the Settlement.