Cleared Contract definition

Cleared Contract means an IRS Transaction between JSCC and a Clearing Participant that comes into effect as a result of Clearing;

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Cleared Contract means an Eligible Trade cleared by ICE Clear in accordance with the ICE Clear Rules;

Cleared Contract means a CDS Transaction between JSCC and a Clearing Participant that comes into effect as a result of Clearing;

Examples of Cleared Contract in a sentence

• Neither ICE Clear nor any of its agents or Affiliates shall be entitled, directly or indirectly, to (i) off-set positions or cross margin (or to allow others to do so), any Cleared Contract against any other contracts cleared by ICE Clear, or (ii) allow LIFFE Products to be fungible with non-LIFFE Products or take any other action which would have a similar effect.

• Notwithstanding anything to the contrary set forth in this Section 3.1(a)(ii), the Parties acknowledge and agree that the obligations of the Parties with respect to transfers of the Contract Capacity Amount to Buyer pursuant to this Section 3.1(a)(ii) shall apply only with respect to Capacity Years commencing in the Pre- Services Term Period and shall be based on the Capacity Value, Cleared Contract Capacity and Contract Capacity applicable to the Project for each such Capacity Year.

More Definitions of Cleared Contract

Cleared Contract means a clearing member contract or a clearing member client contract;