ISDA Transaction definition
ISDA Transaction means a transaction entered into by the Customer or its Associate and Renaissance which is governed by the ISDA Agreement. LEI or LEI Code means a code that uniquely identifies every legal entity or structure, in any jurisdiction, that is party to a financial transaction obtained using the Global Market Entity Identifier Utility legal entity identifier solution in the federated Global LEI system (URL: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇.▇▇▇). Limits shall have the meaning ascribed to it in Clause 21.7. Limit Order means an Order placed with Renaissance to buy or sell up to a certain number of Securities at a specified price or better. Market Abuse means any act or omission which is prohibited under the Market Abuse Law and/or the Market Abuse Regulation, including without limitation, insider dealing and front running. Margin means Cash or Margin Securities. Margin Call Notice shall have the meaning ascribed to it in Clause 15.10. Margin Threshold Notice shall have the meaning ascribed to it in Clause 15.11. Margin Purchase shall have the meaning ascribed to it in Clause 15.1(ii). Margin Purchase Amount shall have the meaning ascribed to it in Clause 15.3(ii). Margin Purchase Closing Date shall have the meaning ascribed to it in Clause 15.3(ii). Margin Requirement means, at any time, an amount in the Base Currency, equal to the sum of: (i) the aggregate Market Price of all Equivalent Securities to be delivered by the Customer under any outstanding Short Sale pursuant to Clause 15.3(i), such aggregate amount divided, in respect of each such Short Sale, by one minus the applicable discount percentage determined by Renaissance in its sole discretion in relation to the Securities in respect of which the Customer's delivery obligation under Clause 15.3(i) hereof remains outstanding; (ii) the aggregate Margin Purchase Amount to be paid by the Customer under any outstanding Margin Purchase pursuant to Clause 15.3(ii); (iii) the aggregate Finance Charges which have accrued pursuant to Clause 15.4; (iv) the aggregate amount of any fees, indemnities, interest or costs that are due from the Customer but remain unpaid pursuant to any term of the Agreement (other than the Finance Charges referred to in (c) above); (v) the aggregate Market Price of any Income due to be transferred by the Customer to Renaissance pursuant to Clause 15.5; (vi) the aggregate of the ISDA Margin owed to Renaissance in respect of all outstanding ISDA Transactions; (vii) the aggregate of all Margi...
ISDA Transaction means any Transaction entered into using the master agreements produced by ISDA.