Disclosed Principal shall have the meaning ascribed to such term on the face page of this Subscription Agreement.

Disclosed Principal means a purchaser that is purchasing the Subscriber’s Units through an agent or trustee for beneficial principal(s);

Disclosed Principal has the meaning ascribed to such term on page 2 of this Subscription Agreement.

Examples of Disclosed Principal in a sentence

In order to attain and maintain membership as a Disclosed Principal Member, a Person must, at a minimum, as from the date on which it is proposed that it becomes a Disclosed Principal Member, meet all the requirements for membership as a Clearing Member.
Where the Clearing Member appoints a Disclosed Principal Member, there shall be no Customer Account for either the Clearing Member or the Disclosed Principal Member and the only Proprietary Account shall be that of the Disclosed Principal Member.
A Disclosed Principal Member shall be liable as principal to the Clearing House and responsible for all obligations arising in respect of the Proprietary Account referable to the Clearing Member that has appointed it as a Disclosed Principal Member, instead of the Clearing Member.
Where a Clearing Member has appointed a Disclosed Principal Member, the Disclosed Principal Member shall be the Buying Clearing Member or the Selling Clearing Member (as applicable) instead of the relevant Clearing Member in respect of all Contracts arising under this Rule 401 to which that Clearing Member would, but for the requirements of this Rule 401(h), otherwise be party.
A Disclosed Principal Member shall be subject to and bound by all these Rules in every way as if it were a Clearing Member, subject to such modifications as are set out herein and acting at all times as disclosed principal for the Clearing Member that has appointed it.

More Definitions of Disclosed Principal

Disclosed Principal has the meaning ascribed to it in subparagraph 4.1(c)(ii);

Disclosed Principal mean a principal for whom the Subscriber is purchasing as disclosed on the face page of this Subscription Agreement;

Disclosed Principal shall have the meaning as set out on page 3 hereof;

Disclosed Principal means one or more beneficial purchasers (if any) on whose behalf a Subscriber is contracting for hereunder as agent or trustee;

Disclosed Principal has the meaning ascribed in subsection 5.1(c)(ii);

Disclosed Principal shall have the meaning ascribed to such term on page 2 of this Subscription Agreement. “including” means without limitation.

Disclosed Principal has the meaning ascribed to such term on page 3 of the Subscription Agreement.