Invoice Back definition
Invoice Back means the process by which a Cleared Transaction of the same CDS Type is created by LCH.Clearnet SA with the role of CDS Buyer and CDS Seller reversed and, at LCH.Clearnet SA’s discretion, a different price or premium and other terms as are determined by LCH.Clearnet SA applied. The term “Invoicing Back” and other similar expressions shall be construed accordingly;
Invoice Back means the process by which a Digital Asset Derivatives Transaction is created by LCH SA with the role of Buyer and Seller reversed and, at LCH SA's discretion, a different price or premium and other terms as are determined by LCH SA applied. The term "Invoicing Back" and other similar expressions shall be construed accordingly.