Exchange of Future for Swap definition

Exchange of Future for Swap means a privately negotiated transaction consisting of the simultaneous execution of a Exchange Futures Contract against an offsetting equivalent amount of a related swap not listed on the Exchange in a quantity that meets a minimum volume threshold;
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Examples of Exchange of Future for Swap in a sentence

  • Each component of a transaction in an Exchange For Security, Basis Trade or Exchange of Future for Swap must bear meaningful economic or financial risk related to all the other components.

  • Members must ensure that for a transaction in an Exchange For Security, Basis Trade or Exchange of Future for Swap, one of the legs meets the minimum threshold as specified in the London Stock Exchange Derivatives Market Bilaterally Negotiated Trade Guidance document, published and updated by the Exchange from time to time.

  • A Bilaterally Negotiated Trade may be executed as a Block Trade, an Exchange for Security , a Basis Trade, or an Exchange of Future for Swap .

  • Members must maintain or cause to be maintained accurately all relevant records related to a transaction in an Exchange For Security, Basis Trade or Exchange of Future for Swap, including but not limited to: the placement, negotiation, execution and confirmation of the transaction; evidence of a bona fide underlying swap, forward or physical contract; payment records and/or proof of title transfer for the settlement of physical transactions; and futures statements.

  • Members must maintain or cause to be maintained accurately all relevant records related to a transaction in a Basis Trade or Exchange of Future for Swap, including but not limited to: the placement, negotiation, execution and confirmation of the transaction; evidence of a bona fide underlying swap, forward or physical contract; payment records and/or proof of title transfer for the settlement of physical transactions; and futures statements.

  • Details of the transaction in a Basis Trade or Exchange of Future for Swap must be submitted to the Exchange via a Trade Report within the specified time and in the manner set down in the CurveGlobal Markets Bilaterally Negotiated Trade Guidance document.

  • A transaction in a Basis Trade or Exchange of Future for Swap must be executed at a price that is reasonable in light of the commercial circumstances of the buyer and the seller.

  • A transaction in an Exchange For Security, Basis Trade or Exchange of Future for Swap must be executed at a price that is reasonable in light of the commercial circumstances of the buyer and the seller.

  • Members must ensure that for a transaction in a Basis Trade or Exchange of Future for Swap, one of the legs meets the minimum threshold as specified in the CurveGlobal Markets Bilaterally Negotiated Trade Guidance document, published and updated by the Exchange from time to time.

  • Details of the transaction in an Exchange For Security, Basis Trade or Exchange of Future for Swap must be submitted to the Exchange via a Trade Report within the specified time and in the manner set down in the London Stock Exchange Derivatives Market Bilaterally Negotiated Trade Guidance document.

Related to Exchange of Future for Swap

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Common Stock (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(g)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease, or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Common Stock shall be entitled to receive cash, securities or other property for their shares of PubCo Common Stock.

  • Like-Kind Exchange means the exchange of a Replacement Vehicle for a Leased Vehicle in a manner so as to defer the recognition of taxable gain upon the disposition of such Leased Vehicle in accordance with and pursuant to Section 1031 of the Internal Revenue Code, as amended.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • 15 Change of Control Payment"......................................................... 4.15 "Change of Control Payment Date".................................................... 4.15 "Covenant Defeasance"............................................................... 8.03 "DTC"............................................................................... 2.03 "Event of Default".................................................................. 6.01 "Excess Proceeds"................................................................... 4.10 "incur"............................................................................. 4.09 "Legal Defeasance".................................................................. 8.02 "Offer Amount"...................................................................... 3.09 "Offer Period"...................................................................... 3.09 "Paying Agent"...................................................................... 2.03 "Permitted Debt".................................................................... 4.09 "Purchase Date"..................................................................... 3.09 "Registrar"......................................................................... 2.03 "Restricted Payments"............................................................... 4.07

  • Recapitalization Agreement shall have the meaning set forth in the Recitals.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Form of Fundamental Change Purchase Notice means the “Form of Fundamental Change Purchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Registered Exchange Offer means the offer by the Company, pursuant to the Registration Agreement, to certain Holders of Initial Securities, to issue and deliver to such Holders, in exchange for their Initial Securities, a like aggregate principal amount of Exchange Securities registered under the Securities Act.

  • Nonissuer transaction or "nonissuer distribution" means a transaction or distribution not directly or indirectly for the benefit of the issuer.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Form of Fundamental Change Repurchase Notice means the “Form of Fundamental Change Repurchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Voting and Exchange Trust Agreement means the voting and exchange trust agreement to be made among Parent, CallCo, the Company and the Share Trustee in connection with the Plan of Arrangement substantially in the form of Exhibit D to the Transaction Agreement, as may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Notes and the Securities issued together with the Notes), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Reclassification means the upgrading of a position to a higher classification as a result of the gradual increase of the duties being performed by the incumbent in that position.

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Exchange Message Interface or "EMI" means the format used for exchange of Telecommunications message information among Telecommunications Carriers. It is referenced in the Alliance for Telecommunications Industry Solutions (ATIS) document that defines industry guidelines for the exchange of message records.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Credit Event Upon Merger has the meaning specified in Section 5(b).

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Open Market Sale Agreement is a service mark of Xxxxxxxxx LLC

  • Successor Trust means the Continental Airlines Pass Through Trust 1999-1A-S.