Examples of Backup Agent in a sentence
Such cash shall either be credited to the Sponsored Member's corresponding Agent Member or, where the Sponsored Member is performing Back-up Agent Services and where applicable, Back-up Paying Agent Services, such Sponsored Member upon the Sponsored Member making good the deficit pursuant to the triparty arrangement or retained as Collateral if the Sponsored Member does not make good the deficit.
A Sponsored Member providing Back-up Agent Services and where applicable, Back-up Paying Agent Services must nominate the currency in which they wish to cover margin liabilities for their own account, by prior arrangement with LCH Limited Collateral Operations.
Bidders shall also enter their bid price for the storage of Microfilm/Microfiche.
Sponsored Members have the right to apply for approval to clear, and Agent Members have the right to provide Agent Member Services and/or Back-up Agent Services and where applicable, Back-up Paying Agent Services with respect to one or more of the markets cleared by the Clearing House, subject to meeting the requirements of the Clearing House in respect of each such market.
Replacement Collateral may be required immediately from the Sponsored Member’s corresponding Agent Member or from the Sponsored Member itself where such Sponsored Member is performing Back-up Agent Services and where applicable, Back-up Paying Agent Services.
Where, following an Agent Close-out Event, an Affected Sponsored Member confirms to the Clearing House that another Agent Member has been appointed to perform the Back-up Agent Services, the Clearing House is entitled to send to such Agent Member (immediately and without notice to any person), the Sponsored Member reports described in these SC Procedures (including without limitation the Banking Reports described in paragraph3.2 below), containing position and account details of the Affected Portfolios.
To install the SQL Safe Backup Agent on each node of the availability group, please follow the instructions.
Where with respect to an Agent Member performing the Back-up Agent Services and where, applicable, the Back-up Paying Agent Services, such Agent Member's nominated PPS bank fails to confirm a PPS call within the required deadline and there is not sufficient Agent Buffer in the relevant Agent Buffer Account to cover the relevant margin call, such Agent Member’s corresponding Sponsored Member will be required to meet such margin call themselves within one hour of being notified of the failed PPS call.
A Sponsored Member providing Back-up Agent Services and where applicable, Back-up Paying Agent Services can elect to use Collateral denominated in one currency in respect of initial and contingent margin liabilities calculated in another currency.
Article 2.1.1.13An Agent Member shall act and provide the Agent Member Services and, if applicable, Back-up Agent Services and/or Back-up Paying Agent Services only in connection with Transactions entered into by a Sponsored Member that is eligible to have such Transactions registered in its name from time to time and attributed to such Agent Member.