Position Transfer definition

Position Transfer means a transaction in a Contract(s) that is executed by Exchange personnel for administrative purposes outlined in Rule 507.
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Position Transfer means a process to have new claims and obligations related to a Proprietary Cleared Contract accrue between JSCC and the Clearing Participant and to pay or receive Cash and settle claims and obligations in association therewith, in accordance with the provisions of Article 53-4.4 or a process to have new claims and obligations related to Customer’s Cleared Contracts and Clearing Brokerage Contracts accrue among JSCC, a Clearing Participant and a Customer, and to pay or receive Cash and settle claims and obligations in association therewith, in accordance with the provisions of Article 58-3.4, Article 94.6 or Article 94-2.2;
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Position Transfer means reassignment of an employee between job sites or between departments at the same job site, within the same classification on the basis of a voluntary or involuntary transfer.
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Examples of Position Transfer in a sentence

  • Participants and Clearing Members must obtain approval from the Exchange for a Position Transfer; such approval to be granted at the sole discretion of the Exchange.

  • Rules 408(a)(i) and Part 12 of the Rules set out various provisions applicable to the transfer or novation of Contracts between Position Transferors and Position Transferees and to Position Transfer Orders.

  • In the event that the Position Transfer in the case of suspension of trading due to insolvency, etc.

  • As from the time at which the Position Transfer Order becomes irrevocable, the Clearing House shall be deemed to have provided its consent to the Novation for purposes of Rule 408(a)(i).

  • The term " Position Transferor" means a Clearing Member which is party to a Position Transfer as transferor.

  • The term " Position Transferee" means a Clearing Member which is party to a Position Transfer as transferee.

  • The term " Novation" or "Position Transfer" means a transfer by way of novation of Novating Contracts from a Position Transferor to a Position Transferee pursuant to Rule 408(a)(i), Part 12 of the Rules or Paragraph 6 of these Clearing Procedures and this Paragraph 7 of the Clearing Procedures.

  • The Position Transfer does not affect the rights and obligations of the Non-Clearing Member or of all Omnibus Clients concerned under the transferred positions.

  • Where I/we wish for Position Transfer to another trading participant with which I/we have already opened an Account, I/we must apply for transfer of positions with your company and such other trading participant and receive acceptance from them by a predetermined deadline.

  • One of the first major discussions regarding the actual implementation of a new ICR system was how people working within the editor gain access to it.


More Definitions of Position Transfer

Position Transfer means a transaction in a Contract(s) that is executed byExchange personnel for administrative purposes outlined in Rule 507.
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Position Transfer means a process to have new claims and obligations related to Clearing Brokerage Contracts (seisan itaku torihiki) to which Party B is a party and the Customer’s Cleared Contracts (seisan yakujou (itaku bun)) corresponding to such Clearing Brokerage Contracts accrue among JSCC, a Successor Clearing Broker and Party B, and to pay or receive money and settle claims and obligations in association therewith, in accordance with the provisions of the Rules;
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Position Transfer means a process to have new claims and obligations related to Clearing Brokerage Contracts (seisan itaku torihiki) to which Party B is a party
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Related to Position Transfer

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

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Excluded Transfer means any transfer of VRDP Shares (1) to a TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • Permitted Transfer has the meaning set forth in Section 10.02.