ForexClear Option Contract definition

ForexClear Option Contract means a Contract entered into by the Clearing House with aForexClear Clearing Member on the ForexClear Option Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time"ForexClear Option Contract Terms"means the terms applicable to each ForexClear Option Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual applicable to ForexClear Option Contracts"ForexClear Option Party A"means, in respect of ForexClear Deliverable Forward Contract, ForexClear Spot Contract or ForexClear Swap Contract (as applicable), the ForexClear Option Clearing Member identified as “Party A” in the applicable ForexClear Deliverable Forward Contract Terms, ForexClear Spot Contract Terms or ForexClear Swap Contract Terms (as applicable)"ForexClear Option Party B"means, in respect of ForexClear Deliverable Forward Contract, ForexClear Spot Contract or ForexClear Swap Contract (as applicable), the ForexClear Option Clearing Member identified as “Party B” in the applicable ForexClear Deliverable Forward Contract Terms, ForexClear Spot Contract Terms or ForexClear Swap Contract Terms (as applicable)"ForexClear Option Service Default Fund Contribution"means, for any FXCCM which is a ForexClear Option Clearing Member, the amount of that FXCCM's Contribution attributable to the ForexClear Option Service determined in accordance with the ForexClear Default Fund Supplement and the Procedures"ForexClear Option Seller"means, in relation to a ForexClear Option Contract, the party specified as the ‘Seller’ in the Economic Terms of that ForexClear Option Contract"ForexClear Option Service"means the service provided by the Clearing House under the ForexClear Regulations, whereby the Clearing House makes available services in respect of ForexClear Option Contracts, ForexClear Deliverable Forward Contracts, ForexClear Spot Contracts and ForexClear Swap Contracts"ForexClear Option ServiceMembership Requirements"has the meaning assigned to it in the Procedures
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ForexClear Option Contract means a Contract entered into by the Clearing House with a ForexClear Clearing Member on the ForexClear Option Contract Terms which includes, in the case of the Default Rules (including the ForexClear DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time
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ForexClear Option Contract means a Contract entered into by the Clearing House with a
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Examples of ForexClear Option Contract in a sentence

  • From (and including) the Registration Time to the Expiration Date, each ForexClear Option Contract is valued in USD or EUR using the Garman-Kohlhagen option pricing model (using the data submitted by FXCCMs, in accordance with Section 1.5.2 (Market Data Sources and Frequencies)).

  • For the avoidance of doubt, “variation margin” and “NPV Payment” as used herein shall include variation margin and NPV Payments in respect of both the and premium owed under a ForexClear Option Contract and all other obligations under the terms of that ForexClear Option Contract.

  • The Clearing House will notify the FXCCMs via file download from the Clearing Member Reporting as to any ForexClear NDF Contract, ForexClear Spot Contract, ForexClear Swap Contract, ForexClear Deliverable Forward Contract, or ForexClear Option Contract affected and the date adjustments made.

  • Capitalised terms used in this Section 1.17 and not otherwise defined shall have the meanings specified for such terms in (i) the ForexClear Option Contract Terms applicable to that ForexClear Option Contract, and, if note defined therein, (ii) the 1998 FX and Currency Options Definitions (including Annex A thereto) as published by the International Swaps and Derivatives Association, Inc., the Emerging Markets Trade Association and The Foreign Exchange Committee.

  • In the event that an exercise and expiry agent is not able to facilitate or communicate the exercise of (or intent to exercise) a ForexClear Option Contract for any reason whatsoever, and the Clearing House becomes aware of such failure to facilitate or communicate, the Clearing House will notify the relevant ForexClear Clearing Members of such failure and may provide details of one or more alternative exercise methods.

  • In the event the Clearing House receives an instruction from a ForexClear Option Clearing Member, including via any third party exercise and expiry agent or middleware provider, with respect to any ForexClear Option Contract that is subject to automatic expiry on a given Expiration Date, the Clearing House shall disregard such instruction and in all circumstances such ForexClear Option Contract shall be expired on the given Expiration Date.

  • Notwithstanding the foregoing and in accordance with the Procedures, the Clearing House may, in its sole discretion, postpone or delay the registration of a ForexClear Spot Transaction or ForexClear Deliverable Forward Transaction resulting from the exercise of a ForexClear Option Contract in the event of an administrative, system or processing delay that affects the Clearing House’s ability to register such ForexClear Spot Transaction or ForexClear Deliverable Forward Transaction.

  • Deleted: JanuaryClearing House : General Regulations - 279- March 2018 Deleted: Section Break (Next Page)<#>Compression¶REGULATION 94 EXERCISE OF FOREXCLEAR OPTION CONTRACTS ‌ (a) Subject to (b) below, a ForexClear Option Buyer may exercise the right or rights granted to it pursuant to a ForexClear Option Contract only by giving an irrevocable notice in the manner and at the time specified by the Procedures.

  • For the avoidance of doubt, “variation margin” and “NPV Payment” as used herein shall include trade variation margin and NPV Payments in respect of both the and premium owed under a ForexClear Option Premium variation marginContract and all other obligations under the terms of that ForexClear Option Contract.

  • Any ForexClear Deliverable Forward Contract or ForexClear Spot Contract that arises pursuant to this Regulation 96 shall be registered as a ForexClear Deliverable Forward STM Contract or a ForexClear Spot STM Contract (as applicable) if the ForexClear Option Contract to which it relates was registered as ForexClear Option STM Contract at the point immediately prior to exercise (or deemed exercise).

Related to ForexClear Option Contract

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.

  • Installment lease contract means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Date of Contract means the date on which notification of award of contract/letter of award/telex award has been issued.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Option means a stock option granted pursuant to the Plan.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Service contract holder or “contract holder” means a person who is the purchaser or holder of a service contract.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.