Assignment Phase definition

Assignment Phase means a period of six months immediately prior to each DMC Term which shall commence on 30 September of each calendar year (including) and shall end on 1 April of each calendar year (excluding) during which Eurex Clearing AG shall determine which Eligible Clearing Members shall participate in a DMC in the following DMC Term in accordance with Number 2.2. With respect to the first DMC Term such period may be different depending on the start date of the relevant DMC Term.
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Assignment Phase means a period of six months immediately prior to the start of each DMC Term. which shall commence on 30 September of each calendar year (including) and shall end on 1 April of each calendar year (excluding) during which During the Assignment Phase, Eurex Clearing AG shall determine which the Eligible Clearing Members which shall participate in a DMC in the following DMC Term in accordance with Number 2.2. Eurex Clearing AG shall inform all Eligible Clearing Members with respect to the relevant DMC about the commencement of the relevant Assignment Phase at least one month prior to the start of such Assignment Phase. In case of the establishment of a new DMC, Eurex Clearing may deviate from the six months period.With respect to the first DMC Term such period may be different depending on the start date of the relevant DMC Term.[…]
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Assignment Phase means the phase specified in Part 4B;
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Examples of Assignment Phase in a sentence

  • During the Assignment Phase, Eurex Clearing AG shall determine the Eligible Clearing Member or Eligible FCM Clearing Member which shall participate as Participating DMC Member Institution.

  • Eurex Clearing AG will inform each selected Eligible Clearing Member and Eligible FCM Clearing Member of its selection as Participating DMC Member pursuant to Paragraph (3) above at the latest ten weeks after the submission of the Assignment Phase Notice.

  • For more detailed information about how final license prices are determined, please see Attachment 1, Appendix H (Forward Auction Assignment Phase and Post-Auction License Prices), attached to the Auction 1000 Application Procedures PN.

  • Eurex Clearing AG will then rank (whereby Eligible Clearing Members and Eligible FCM Clearing Members with higher Cleared Volumes will be ranked first) the volunteering Eligible Clearing Members and Eligible FCM Clearing Members based on their respective Cleared Volumes in the three months preceding the relevant Assignment Phase in the relevant Liquidation Group.

  • Eurex Clearing AG will then rank (whereby Eligible Clearing Members with higher cleared volumes (such cleared volumes will be calculated based on the aggregate notional amounts (actual or implied, as applicable), the " Cleared Volumes") will be ranked above those with lower Cleared Volumes) the volunteering Eligible Clearing Members based on their respective Cleared Volumes in the three months preceding the relevant Assignment Phase in the relevant Liquidation Group.

  • Eurex Clearing AG will inform each selected Eligible Clearing Member and Eligible FCM Clearing Member of its selection as Participating DMC Member Institution pursuant to Paragraph (1) above at the latest prior to the end of the 20th Business Day after submission of the Assignment Phase Notice.

  • All Eligible Clearing Members which intend to volunteer as Participating DMC Member Institution shall (i) inform Eurex Clearing AG thereof no later than on the first Business Day of the relevant Assignment Phase and (ii) specify in which DMC they wish to participate.

  • Eurex Clearing AG will immediately inform each selected Eligible Clearing Member and Eligible FCM Clearing Member of their selection as Participating DMC Member Institutions pursuant to Paragraph (2) above at the latest prior to the end of the 20th Business Day after submission of the Assignment Phase Notice.

  • Eurex Clearing AG will inform the Eligible Clearing Members so selected no laterthan 15 December of their selection as Participating DMC Member at the latest three months after the start of the relevant Assignment Phase.

  • Whenever a Participating DMC Member Institution needs to be selected, Eurex Clearing AG initiates the “ Assignment Phase” by submitting a written notice to all Eligible Clearing Members and all Eligible FCM Clearing Members with respect to the relevant DMC informing on the commencement of the Assignment Phase (“Assignment Phase Notice”).


More Definitions of Assignment Phase

Assignment Phase means a period of six months prior to the start of each DMC Term. During the Assignment Phase, Eurex Clearing AG shall determine the Eligible Clearing Members or Eligible FCM Clearing Members which shall participate in a DMC in the following DMC Term in accordance with Number 2.2. Eurex Clearing AG shall inform all Eligible Clearing Members and all Eligible FCM Clearing Members with respect to the relevant DMC about the commencement of the relevant Assignment Phase at least one month prior to the start of such Assignment Phase. In case of the establishment of a new DMC, Eurex Clearing AG may deviate from the six-months-period.
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Related to Assignment Phase

  • Patent Assignment Agreement means the patent assignment agreement substantially in the form of Exhibit A.

  • Assignment and Acceptance Agreement means an assignment and acceptance agreement entered into by a Lender, an Eligible Assignee and the Administrative Agent, and, if required, the Borrower, pursuant to which such Eligible Assignee may become a party to this Agreement, in substantially the form of Exhibit C hereto.