Definition of CME Rules


CME Rules means CMEs rules and clearing procedures, including interpretations and explanations.

Examples of CME Rules in a sentence

Except in the case of a Test Draw, the Company will only use the proceeds of the Advances to provide temporary liquidity in circumstances where CME is entitled to use the Security Deposits and Performance Bonds of its Clearing Members to satisfy any outstanding obligations of any defaulting Clearing Members to CME as provided in the CME Rules and in circumstances where a Money Gridlock Situation that affects the Companys operations exists.
CME Rules means the rules of the Company as amended and in effect from time to time and includes any interpretations thereof.
Per CME 'Rules for Commercial Support', our CME Office charges 5% of the grant to cover administrative costs.
Defaulted Clearing Member means, as of any time of determination, a Clearing Member that is then in default of its obligations to the Company under and pursuant to the CME Rules.
The Company will only use the proceeds of the Advances to provide temporary liquidity in circumstances where CME is entitled to use the Security Deposits of its Clearing Members as provided in the CME Rules and in circumstances where a Money Gridlock Situation exists.