LCH Transfer Cost means the cost (converted, where applicable, into USD at a rate of exchange determined by the Clearing House in its sole discretion) to the Clearing House of transferring the rights and obligations arising out of the Auction Portfolios of a Defaulting FXCCM to those FXCCMs who have successfully bid for such Auction Portfolios in Auctions.
LCH Transfer Cost means any cost (converted, where applicable, into EUR at a Rate of Exchange determined by LCH SA in its sole discretion) to LCH SA arising out of transferring the rights and obligations arising out of the Fixed Income Transactions of a Defaulting Clearing Member to any other Clearing Member or third parties.
LCH Transfer Cost means the cost (converted, where applicable, into pounds sterling at the Rate of Exchange) to the Clearing House of transferring the rights and obligations arising out of the Auction Portfolios of a Defaulting SCM to those SCMs who have successfully bid for such Auction Portfolios in Auctions.
More Definitions of LCH Transfer Cost
LCH Transfer Cost means any cost (converted, where applicable, into EUR at a Rate of Exchange determined by the Clearing House in its sole discretion) to the Clearing House arising out of transferring the rights and obligations arising out of the Fixed Income Contracts of a Defaulting RCM to any other RCM or third parties
LCH Transfer Cost means the cost to LCH.Clearnet SA of registering all Auction Transactions making up the Auction Package within the Account Structure of one or more Auction Participants following the conclusion of Competitive Bidding;