Clearing Requirement definition

Clearing Requirement means the mandatory clearing requirement set forth in Section 2(h)(l) of the CEA.
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Clearing Requirement means the requirement to clear certain Contracts as the Commission has determined must be cleared pursuant to Section 2(h) of the CEA and the CFTC’s regulations promulgated thereunder.
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Clearing Requirement means your own determination as to whether it is subjectto mandatory clearing obligations.
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Examples of Clearing Requirement in a sentence

  • In states where wholesale load may switch, the Transmission Provider shall allocate costs on a daily basis to LSEs. The LSE that acquires wholesale load will be charged for such load based upon the Final PRMR for the wholesale load’s forecast Coincident Peak Demand times the applicable zonal Auction Clearing Price less any zonal deliverability benefits plus any Local Clearing Requirement Charges for the Local Resource Zone where the wholesale load is located.

  • Each Person that is registered, or required to be registered, with the CFTC as a Swap Dealer or Major Swap Participant is responsible for compliance with the mandatory trading requirement under Section 2(h)(8) of the CEA when such Person enters into, or facilitates entry into, a Swap that is subject to the Clearing Requirement.

  • PRMR covered by FRAPs and RBDC Opt Outs will be included in the pro-rata calculation, and the related amounts charged to the LSEs that use FRAPs and RBDC Opt Outs through this Local Clearing Requirement Charge.

  • If the LRZ where LSEs incurred RBDC Opt Out Deficiency Charges failed to meet its Local Clearing Requirement ("LCR"), then RBDC Opt Out Deficiency Charge revenues will be distributed to Market Participants representing LSEs on a pro rata basis, based upon their respective LSE's share of Final PRMR minus the Final PRMR associated with the RBDC Opt Out Deficiency Charge in such LRZ.

  • Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates, 87 Fed.

Related to Clearing Requirement

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").

  • Clearing System Business Day means in relation to an Index, any day on which the principal domestic clearing systems customarily used for settling trades in securities comprising such Index is (or, but for the occurrence of an event beyond the control of the Company or the Hedging Counterparty as a result of which such clearing system cannot clear the transfer of such securities, would have been) open for the acceptance and execution of settlement instructions.