LME Clear definition

LME Clear means LME Clear Limited (registered in England and Wales under company number 07611628); "LME Clear Compliance Department" has the meaning set out in Membership Procedure A 2.1; "LME Clear Data" means:
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LME Clear means LME Clear Limited (registered in England and Wales under company number 07611628).
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LME Clear means LME Clear Limited (registered in England and Wales under company number 07611628);"LME Clear Compliance Department"has the meaning set out in Membership Procedure A;"LME Clear Data"means: (a) LME Clear System Data; and (b) LME Clear Member Data;"LME Clear Default"has the meaning set out in Rule 10.13 (LME Clear Default); "LME Clear Insolvency Default" has the meaning set out in Rule 10.13 (LME Clear Default);"LME Clear Member Data"means all data relating to Accounts, Transactions, Contracts, Positions, Collateral, Margin Requirements, or Fees relating to a Member which are provided to, or generated by, LME Clear under the Rules;"LME Clear Membership Application Form"has the meaning set out in Membership Procedure A;"LME Clear Options Exercise Screen"means the functionality made available by LME via the Website through which members can give instructions relating to the exercise of options under Options Contracts;"LME Clear Party"has the meaning set out in Rule 2.3.1;"LME Clear Payment Default"has the meaning set out in Rule 10.13 (LME Clear Default);“LME Clear Pledged Account”means the Account (as such term is defined in Part 10 of the LME Rules) in the name of LME Clear with LMEsword into which a Member is required to deliver LME Warrant Collateral;"LME Clear System Data"means all data relating to the operation or design of the Clearing System which is provided to, or generated by, LME Clear;"LME Contract"means a Transaction that is made on the LME between two Members (and that is defined as a "Contract" under the LME Rules);"LME Exchange Traded Products"means those Eligible Products specified as such in Annex 1 (Eligible Products);"LME Index Settlement Price" (or "ISP")means the "Settlement Price for the Index," defined in the LME Rules;
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Examples of LME Clear in a sentence

  • Cleared Contracts are cleared by the LME’s appointed clearing house, LME Clear.

  • In order to maintain the smooth and orderly operation of the market, the LME and LME Clear will carry out a number of pre-trade and post-trade checks.

  • The floating charge could convert to a fixed charge in the event of contract termination, or default or insolvency of LME Clear.

  • These are set out and detailed on the LME Clear website – see section V of this Disclosure Document.

  • LME Clear will make an offer to each party to the trade: it will offer to act as the buyer to the party who wishes to be the seller, and it will offer to act as the seller to the party who wishes to be the buyer.

  • On acceptance of LME Clear’s offer by each party, two Cleared Contracts will be formed: one between LME Clear and the seller; another between LME Clear and the buyer.

  • OTC contracts are not governed by the LME Rules and are not registered with, and/or cleared by, LME Clear.

  • This does not make the Client a party to the Agreed Trade with the other Member (or the resulting Cleared Contract with LME Clear) but does create additional duties and obligations owed by the Member under the Client Contract.

  • Where the Client fails to submit its request in accordance with the LME Clear procedures or porting is not possible in accordance with the LME Clear Rules, the positions in the relevant account may be closed out by LME Clear and assets in the account used to offset any losses in the account.

  • LME Clear is directed or requested to do so by a Clearing House Regulator.

Related to LME Clear

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • US Holdco means, notwithstanding anything in the Indenture to the contrary, Brookfield Infrastructure US Holdings I Corporation; and

  • Company Shareholders Meeting shall have the meaning set forth in Section 2 hereof.

  • Company Stockholder Meeting means the meeting of the holders of shares of Company Common Stock for the purpose of seeking the Company Stockholder Approval, including any postponement or adjournment thereof.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Exchange Agent has the meaning set forth in Section 3.02(a).

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Company Shareholder Meeting has the meaning set forth in Section 5.2(a).

  • Virtual Meeting means any general meeting of the Shareholders (or any meeting of the holders of any Class of Shares) at which the Shareholders (and any other permitted participants of such meeting, including without limitation the chairman of the meeting and any Directors) are permitted to attend and participate solely by means of Communication Facilities.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Company Board means the Board of Directors of the Company.

  • Stockholders Meeting shall have the meaning set forth in Section 6.2(c).

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Shareholders Meeting has the meaning provided in Section 6.3.

  • Target Shareholders means the holders of Target Shares;

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • GSE means a government sponsored enterprise.

  • Rollover Shares has the meaning given in the recitals.

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • Target Shares means the common shares in the capital of Target;

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).