IRS Transaction definition

IRS Transaction means an interest rate swap transaction which is an OTC derivatives transaction prescribed in Article 2.22.(5) of the Financial Instruments and Exchange Act;
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Examples of IRS Transaction in a sentence

  • IRS Transaction referencing JPY-Euroyen TIBOR, JPY-TIBOR, JPY-TONA-OIS Compound, JPY-TIBOR-ZTIBOR, JPY-TIBOR-17097 or JPY-TONA-OIS- COMPOUND: Tokyo b.

  • When JSCC receives a request set forth in Article 48.1 from both parties to an Eligible IRS Transaction, JSCC shall confirm that the request and such Eligible IRS Transaction satisfy the requirements separately prescribed by JSCC83 and that the relevant Clearing Participants have deposited with or delivered to JSCC the margin calculated according to the method separately prescribed by JSCC84 (“Margin Required to Clear”) in the manner separately prescribed by JSCC85 (“Clearing Requirements”).

  • Forrester, No. 3:08-CV-0864-G, 2011 WL 3652425, at * 3 (N.D. Tex.

  • A Clearing Participant shall manage its Cleared Contracts giving due consideration to its IRS Transaction portfolio, its creditworthiness, its Customers’ creditworthiness and other factors in order to avoid JSCC or other Clearing Participants suffering any loss.

  • Where an A$ IRS Transaction has been matched on the System (whether before or after the date of this letter), and we have both indicated on the System that we wish for “Payment Settlement” to apply, we shall both, unless either of us otherwise notifies the other, settle all payments or exchanges due in respect of that A$ IRS Transaction using the System and in accordance with the Austraclear Regulations.

  • Each A$ IRS Transaction matched on the System (whether before or after the date of this letter), will be a “Transaction” for the purposes of, and be subject to the terms of the actual or deemed Master Agreement referred to above (“ Master Agreement”).

  • The request for Clearing pursuant to the provisions of Paragraph 1 shall be made by both parties to the Eligible IRS Transaction for which Clearing is requested.

  • Each A$ IRS Transaction matched on the System (whether before or after the date of this letter), will be deemed to be an exchange of Confirmations by electronic message for the purposes of Section 9(e)(ii).

  • When a Customer in the same Corporate Group as the Clearing Broker (referred to as “Affiliated Customer” in this Article, Articles 55 and 57) intends torequest such Clearing Broker to act as its Clearing Broker, it shall notify JSCC of the name of the Clearing Participant that will become the counterparty (“Designated Counterparty”) to the IRS Transaction to which its Clearing Broker executes and other matters prescribed by JSCC126 in the manner set forth in the Subordinate Rules127.

  • Notification concerning Eligible IRS Transactions Denominated in Currency other than Japanese YenWhen a Clearing Participant intends to apply for Clearing of Eligible IRS Transactions whose Notional Amount is denominated in, and settlement currency is, any currency other than Japanese yen for the first time, it must notify, in advance, the denomination currency of the Notional Amount of, and the settlement currency of, the Eligible IRS Transaction for which it intends to apply for Clearing.

Related to IRS Transaction

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Restricted Subsidiaries may sell, convey or otherwise transfer to:

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

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Securities Transaction means a purchase of or sale of Securities.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

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

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Reportable Transaction means a transaction by an Access Person in a Reportable Security.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Business Combination Transaction means:

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Co-Investment Transaction means any transaction in which one or more Regulated Funds (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.