ForexClear Contribution definition

ForexClear Contribution means an FXCCM's Contribution provided for under theForexClear Default Fund Supplement and shall include (i) any relevant ForexClear Unfunded Contributions in respect of the FXCCM, (ii) any relevant Supplementary Contribution in respect of the FXCCM, and (iii) if the Clearing Member is a ForexClear Option Clearing Member, the ForexClear Deliverable Default Fund Contribution of that ForexClear Option Clearing Member. For the avoidance of doubt, the ForexClear Contribution shall not include any of the ForexClear Liquidity Fund Contributions made by a ForexClear Option Clearing Member"ForexClear CTM Contract"means a ForexClear Contract that is not a ForexClear STM Contract"ForexClear Currency"means: (b) USD; (c) JPY; (d) EUR; "ForexClear Dealer (FXD)"(e) GBP; (f) CHF; or (g) AUD means a person admitted by the Clearing House to the Register of ForexClear Dealers and who has not been removed from the Register of ForexClear Dealers"ForexClear Dealer Clearing Agreement (FDC Agreement)"means a written agreement, in the form and on the terms prescribed by the Clearing House between an FXD, an FXCCM and the Clearing House"ForexClear Default Fund Supplement"means the Supplement relating to ForexClear Business"ForexClear Default Management Process"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Management Process Completion Date"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Period"has the meaning ascribed to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear Deliverable Contract”means a ForexClear Deliverable Forward Contract, ForexClear Option Contract, ForexClear Spot Contract or ForexClear Swap Contract
ForexClear Contribution means the amount of an FXCCM's Contribution determined in accordance with the ForexClear Default Fund Supplement and shall include any ForexClear Unfunded Contributions and any relevant Supplementary Contribution deposited and made by the FXCCM with the Clearing House
ForexClear Contribution means the amount of an FXCCM's Contribution determined in accordance with the ForexClear Default Fund Supplement and shall include any (i) ForexClear Unfunded Contributions, (ii) any relevant Supplementary Contribution deposited and made by the FXCCM with the Clearing House, and (iii) if the Clearing Member is a ForexClear Option Clearing Member, the ForexClear Option Service Default Fund Contribution of that ForexClear Option Clearing Member. For the avoidance of doubt, the ForexClear Contribution shall not include any of the ForexClear Liquidity Fund Contributions made by a ForexClear Option Clearing Member

Examples of ForexClear Contribution in a sentence

  • Each FCM Clearing Member's ForexClear Contribution is held in an account that is separate from any financial account containing such FCM Clearing Member's Contribution relating to any other Business Categories of FCM Contracts.

  • The amount of the MCE made available to an FXCCM in aggregate during any one day must not exceed an amount that is the lesser of: (a) 50% of the ForexClear MCE Default Fund Buffer; or (b) the sum of the FXCCM's Collateral in respect of initial margin and ForexClear Contribution.

  • If a Resignation Effective Date has occurred in respect of a Resigning Member and the ForexClear Service pursuant to Rule F3(e) of the ForexClear Default Fund Supplement, then the Clearing House will repay the ForexClear Contribution that it holds for such Clearing Member (to the extent it has not been applied under the Default Rules) to the Clearing Member’s relevant PPS account on such Resignation Effective Date.

  • Excess ForexClear Contribution amounts due to ForexClear Clearing Members following a ForexClear Determination Date will (subject to the Default Rules) be repaid to ForexClear Clearing Members' PPS accounts on the fourth business day immediately following such ForexClear Determination Date.

  • ForexClear Contribution requirements will be notified to ForexClear Clearing Members at least two working days prior to each ForexClear Reset Day on Member Intranet Report 000032.

  • An FXCCM's "ForexClear Contribution" shall be the amount determined in accordance with the ForexClear Default Fund Supplement and shall include any ForexClear Unfunded Contributions deposited and made by the FXCCM with the Clearing House.

  • The FXCCM's ForexClear NDF Contribution shall be calculated by multiplying the ForexClear NDF Sub-Fund Amount by the FXCCM's ForexClear NDF Margin Weight, and shall be no less than the Minimum ForexClear Contribution.

  • The FXCCM's ForexClear Non- Deliverable Contribution shall be calculated by multiplying the ForexClear Non-Deliverable Sub-Fund Amount by the FXCCM's ForexClear Non- Deliverable Margin Weight, and shall be no less than the Minimum ForexClear Contribution.

  • Excess ForexClear Contribution amounts due to ForexClear Clearing Members following the adjustment to the ForexClear Contribution will be repaid to ForexClear Clearing Members' PPS accounts on the ForexClear Reset Day immediately following the adjustment to the ForexClear Contribution.

  • ForexClear Contributions will be called via PPS on the fourth working day of each month or more frequently pursuant to a determination of the ForexClear Contribution under Rule F2(a) of the Default Rules (each a "ForexClear Reset Day").


More Definitions of ForexClear Contribution

ForexClear Contribution means, in relation to the Default Rules, the meaningassigned to it in rule 16 of the Default Rules.
ForexClear Contribution means the amount of an FXCCM's Contribution determined
ForexClear Contribution means the amount of an FXCCM's Contribution determined in accordance with the ForexClear Default Fund Supplement and shall include any ForexClear Unfunded Contributions and any relevant Supplementary Contribution deposited and made by the FXCCM with the Clearing House"ForexClear Dealer (FXD)"means a person admitted by the Clearing House to the Register of ForexClear Dealers and who has not been removed from the Register of ForexClear Dealers"ForexClear Dealer Clearing Agreement (FDC Agreement)"means a written agreement, in the form and on the terms prescribed by the Clearing House between an FXD, an FXCCM and the Clearing House"ForexClear Default Fund Supplement"means the Supplement relating to ForexClear Business"ForexClear Default Management Process"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Management Process Completion Date"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Default Period"has the meaning ascribed to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear Determination Date"has the meaning assigned to it in Rule F2 of the ForexClear Default Fund Supplement"ForexClear DMG"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear DMP"has the meaning assigned to it in the ForexClear DMP Annex in the Default Rules"ForexClear Eligibility Criteria"means the product eligibility criteria in respect of ForexClear Transactions as set out in the Product Specific Contract Terms and Eligibility Criteria Manual as published on the Clearing House's website from time to time"ForexClear Excess Loss"means the net sum or aggregate of net sums certified to be payable by a Defaulter in respect of ForexClear Business by a Rule 19 Certificate less (a) the proportion of the Capped Amount applicable to ForexClear Business under Rule 15(c) and (b) any sums then immediately payable in respect of ForexClear Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House
ForexClear Contribution means an FXCCM's Contribution provided for under the
ForexClear Contribution means, in relation to the Default Rules, the meaning assigned to it in rule 16 of the Default Rules.“ForexClear DMP”has the meaning assigned to it in the ForexClear DMP Annex of the Default Rules.“Futures Account Class”means the account class for futures accounts (as defined in CFTC Regulation 190.01(a)(i)) for purposes of Part 190 of the CFTC Regulations and Section 4d(a) of the CEA.“Futures/Options Contract”means the type of contract which is either (i) a contract for the purchase or sale of a commodity for future delivery that is traded on or subject to the rules of an Exchange, (ii) an option on any such contract or (iii) any similar type of contract, and which, in the case of any of the foregoing, is required to be segregated (along with any related margin) pursuant to Section 4d(a) of the CEA if cleared by an FCM for a customer.“Futures Product”means a Product which constitutes a Futures/Options Contract. Such Products are: FCM Nodal Contracts.“Hedged Account”has the meaning assigned to it in the FCM Procedures.“Ineligible FCM ForexClear Contract”has the meaning assigned to it in FCM Regulation 49(e)(ii).“Ineligible FCM ForexClear Transaction”has the meaning assigned to it in FCM Regulation 49(e)(i).“Ineligible FCM SwapClear Contract”has the meaning assigned to it in FCM Regulation 46(f).“Ineligible FCM SwapClear Transaction”has the meaning assigned to it in FCM Regulation 46(f).“Initial Margin”means, with respect to the amount of Margin attributable to a particular account or accounts of an FCM Clearing Member with the Clearing House, the portion of such Margin held in respect of the Clearing House’s initial margin requirements (as published from time to time by the Clearing House) in respect of the relevant FCM Contracts attributable to such account or accounts.“LCH.Clearnet Group”means the group of undertakings consisting of LCH.Clearnet Limited, LCH.Clearnet Group Limited, LCH.Clearnet LLC, LCH.Clearnet (Luxembourg) S.a.r.l., LCH.Clearnet Service Company Limited and Banque Centrale de CompensationS.A. trading as LCH.Clearnet SA. (any reference to a “member” of LCH.Clearnet Group Limited within these FCM Regulations is to be construed accordingly).

Related to ForexClear Contribution

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Member contribution means a contribution under regulation 32;

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Member contributions means all amounts paid to ASRS by a member.

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Regular contributions means the amounts required to be

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Nonelective Contribution means an amount contributed by a participating

  • State contribution means the lesser of:

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Qualifying contribution means, with respect to a candidate, a contribution that—

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.