€GC Trade definition

€GC Trade means a trading activity in which a RepoClear Participant ("the First Participant") offers to sell (or buy) an agreed value of securities comprised in a €GC Basket (as defined in the Procedures), to be allocated in accordance with the RepoClear Procedures applicable to RepoClear €GC Contracts, and another RepoClear Participant ("the Second Participant") offers to buy (or sell, as the case may be) the securities so allocated, on the conditions that:
€GC Trade means a €GC Trade or a Term £GC Trade
€GC Trade means a €GC Trade or a Term £GC Trade "Governmental Authority" means any: