Clearing Procedures definition

Clearing Procedures means the practices, procedures and administrative requirements prescribed by OTC Clear from time to time in effect.
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Clearing Procedures means the OTC Clearing Hong Kong Limited Clearing Procedures, as amended from time to time.
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Clearing Procedures means the Procedures appended to the Rules under the title "Clearing Procedures";“Clearing Risk Committee”means the committee established by LME Clear to oversee the day-to-day risk management of LME Clear and to assist LME Clear's chief risk officer to support the work of the Board Risk Committee;"Clearing System"means the formal arrangements, rules and procedures operated by LME Clear and the services provided by it for the clearing and settlement of Contracts, as described in the Rules and the Procedures (each as amended from time to time) as published from time to time by LME Clear;"Client"means a person that has an agreement with a Member pursuant to which: (a) the Member enters into Transactions with or for that person; or (b) the Member agrees to take responsibility for the clearing via the Clearing System of Transactions entered into by such person, (and which person may include a Non-Clearing Firm);"Client Account"means an Account in the books and records of LME Clear established in accordance with Rule 4 (Accounts), to record Respective Entitlements in respect of Transactions cleared by a Member for one or more of its Clients;"Client Acknowledgement Form"means a form, executed by a Member and a Client, in the form prescribed in Part A of Annex 6 (Client Business Terms);"Client Business"means the business of a Member of entering into or clearing transactions in relation to Clients, which may, without limitation include:(a) the entering into Transactions by a Member with Clients; (b) the entering into Transactions by a Member (whether as principal or otherwise) with another counterparty in order to satisfy an order from, or another obligation to, a Client; or (c) the acceptance of responsibility by a Member for the clearing, via the Clearing System, of a Transaction on behalf of a Client;“Client Clearing Agreement”has the meaning set out in paragraphs 3.1(b), Part A or paragraph 2.1(b), Part B of Annex 6 (Client Business Terms);
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Examples of Clearing Procedures in a sentence

  • Unless a contrary indication appears, terms defined in the Clearing Rules or the Clearing Procedures have the same meanings when used in this Agreement.


More Definitions of Clearing Procedures

Clearing Procedures means the clearing procedures published by the Clearing House from time to time pursuant to the Clearing Rulebook;
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Clearing Procedures means the Procedures appended to the Rules under the title "Clearing Procedures"; “Clearing Risk Committee” means the committee established by LME Clear to oversee the day-to-day risk management of LME Clear and to assist LME Clear's chief risk officer to support the work of the Board Risk Committee; "Clearing System" means the formal arrangements, rules and procedures operated by LME Clear and the services provided by it for the clearing and settlement of Contracts, as described in the Rules and the Procedures (each as amended from time to time) as published from time to time by LME Clear; "Client" means a person that has an agreement with a Member pursuant to which:
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Related to Clearing Procedures

  • Procedures shall collectively mean DST’s transfer agency procedures manual, third party check procedures, checkwriting draft procedures, Compliance + and identity theft programs and signature guarantee procedures;

  • Enforcement Procedures means the procedures for the enforcement of Mortgages from time to time in accordance with the relevant Seller’s Policy;

  • Clearing Rules means, as the case may be, (a) the general rules, operational procedures and other applicable rules, procedures and regulations of HK-DCASS from time to time in force; and/or (b) the rules, procedures and regulations of the relevant Foreign Clearing System, from time to time in force;