Examples of Initial Contributions in a sentence
The Clearing House shall keep, and indicate separately in its balance sheet, an amount of dedicated own resources as the Clearing House Initial Contributions.
No resources other than capital, including retained earnings and reserves as referred to in Article 16 of EMIR, shall qualify as Clearing House Initial Contributions.
The Clearing House shall revise the minimum sum of Clearing House Initial Contributions and breakdown of the same between the Clearing House CDS Initial Contribution, Clearing House F&O Initial Contribution and Clearing House FX Initial Contribution on a yearly basis.
The Clearing House shall calculate the minimum sum of Clearing House Initial Contributions by multiplying its minimum required capital (including retained earnings and reserves) to be maintained by it in accordance with article 16 of EMIR, by 25%.
Clearing Members and the Clearing House shall settle their obligations on a daily basis, as stipulated in the Internal Regulations of the Clearing House, incorporating in that settlement any premium agreed upon in the negotiation, re-calculation of Minimum Initial Contributions and the Clearing Fund, accrued interest and any fees due.