Unfunded Contribution definition
Unfunded Contribution means the unfunded Contribution of a Clearing Member referable to a specific Service provided by the Clearing House
Unfunded Contribution means the unfunded Contribution of a Clearing Member
Unfunded Contribution means the unfunded Contribution of a Clearing Member referable to a specific Service provided by the Clearing House "variation margin" means an amount determined by the Clearing House in accordance with these Regulations and/or the Procedures in respect of original contracts or open contracts (as the case may be)
Examples of Unfunded Contribution in a sentence
If the proposed contributions by the Contributing Members exceed the Unfunded Contribution, then each Contributing Member may fund a portion of the Unfunded Contribution on a pro rata basis according to the respective Class A Pro Rata Share or Class B Pro Rata Share (as applicable) of such Contributing Members in place of such Non-Contributing Member.
If any Contributing Member elects not to pay its proportion of the Unpaid Contribution, then the other Contributing Member shall have the option to pay all or part of any unfunded portion of the Unfunded Contribution.
More Definitions of Unfunded Contribution
Unfunded Contribution has the meaning given to such term in Section 4.3.