CDS Eligible Securities definition
CDS Eligible Securities has the meaning ascribed to the term under the CDC Regulations;
CDS Eligible Securities has the meaning ascribed to the term under the CDC Regulations; “Clearing Member” has the meaning ascribed to the term under the NCCPL Regulations; “Damages” shall have the meaning assigned to in Clause 8.
Examples of CDS Eligible Securities in a sentence
However, as the Government Securities are not CDS Eligible Securities, the Parties have now agreed to enter into this Agreement to provide for and agree on a contractual mechanism for Pledging certain Government Securities held by the Securities Broker and/or an Investor in favour of NCCPL to meet the Margin Requirements on the terms and conditions set forth herein.
Historically, the Margin Requirements could be met by the Securities Broker through cash deposit or pledging of certain CDS Eligible Securities using the CDS in accordance with the CDC and NCCPL Regulations.