RepoClear Contribution definition

RepoClear Contribution means the amount of an RCM's Contribution determined in accordance with the RepoClear Default Fund Supplement and shall include any RepoClear Unfunded Contributions and any relevant Supplementary Contribution deposited and made by the RCM with the Clearing House
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RepoClear Contribution means the amount of an Agent Member'sContribution with respect to one of its Sponsored Members provided for under the RepoClear Default Fund Supplement and shall include any relevant RepoClear Unfunded Contributions and any relevant Supplementary Contribution in respect of the Agent Member "RepoClear Default Fund Supplement" means the supplement relating to the RepoClear Business "RepoClear Default Management Process Completion Date" has the meaning assigned to it in the RepoClear DMP Annex in the Default Rules "RepoClear Default Management Process" has the meaning assigned to it in the RepoClear DMP Annex in the Default Rules "RepoClear Default Period" has the meaning ascribed to it in Rule R2 of the RepoClear Default Fund Supplement "RepoClear Determination Date" has the meaning assigned to it in Rule R2 of the RepoClear Default Fund Supplement "RepoClear Eligibility Criteria" means with regard to RepoClear Transactions, the product criteria set out in the Product Specific Contract Terms and Eligibility Criteria Manual as published on the Clearing House's website from time to time "RepoClear Eligible Securities" means with regard to RepoClear Transactions, Bond Trades and Repo Trades securities of a type described in the Product Specific Contract Terms and Eligibility Criteria Manual "RepoClear Excess Loss" means the net sum or aggregate of net sums certified to be payable by a Defaulter by a Rule 19 Certificate in respect of RepoClear Business less: (a) the proportion of the Capped Amount applicable to RepoClear Business under Rule 15 of the Default Rules; and (b) any sums then immediately payable in respect of RepoClear Business Default Losses owed by such Defaulter by any insurer or provider of analogous services under any policy of insurance or analogous instrument written in favour of the Clearing House "RepoClear Loss Distribution Process" has the meaning assigned to it in Rule R9 of the RepoClear Default Fund Supplement "RepoClear Participants" means RepoClear Clearing Members as defined in these SC Regulations and in the General Regulations,
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RepoClear Contribution means an RCM's Contribution provided for under the
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Examples of RepoClear Contribution in a sentence

  • RepoClear Contributions will be called via PPS on the fourth business day of each month or otherwise pursuant to a determination of a RepoClear Contribution under the Default Rules.

  • Excess RepoClear Contribution amounts due to Agent Members following a RepoClear Determination Date will (subject to the Default Rules) be repaid to the PPS accounts of such Agent Members on the fourth business day immediately following such RepoClear Determination Date.

  • Excess RepoClear Contribution amounts due to RepoClear Clearing Members following a RepoClear Determination Date will (subject to the Default Rules) be repaid to RepoClear Clearing Members PPS accounts on the fourth business day immediately following such RepoClear Determination Date.

  • All further payments of RepoClear Contributions must be in the same currency as selected by a RepoClear Clearing Member for their first payment of a RepoClear Contribution made by such RepoClear Clearing Member.

  • An RCM’s "RepoClear Contribution" shall be the amount determined in accordance with the RepoClear Default Fund Supplement and shall include any RepoClear Unfunded Contributions deposited and made by the RCM with the Clearing House.

  • Where a Rule 26 Certificate is to be issued in respect of the Default of an RCM, the Clearing House may assume that no further recoveries will be made in respect of obligations of the Defaulting RCM beyond the value of its RepoClear Contribution.

  • RepoClear Contributions will be called via PPS on the fourth working day of each month or more frequently pursuant to a determination of the RepoClear Contribution under R8 of the Default Rules (each a "RepoClear Reset Day").

  • Excess RepoClear Contribution amounts due to RepoClear Clearing Members following the adjustment to the RepoClear Contribution will be repaid to RepoClear Clearing Members PPS accounts on the RepoClear Reset Day immediately following the adjustment to the RepoClear Contribution.

  • RepoClear Contribution requirements will be notified to RepoClear Clearing Members at least two working days prior to each RepoClear Reset Day.

  • All further payments of RepoClear Contributions must be in the same currency as selected by an Agent Member for their first payment of a RepoClear Contribution.

Related to RepoClear Contribution

  • Member contribution means a contribution under regulation 32;

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Regular contributions means the amounts required to be

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Nonelective Contribution means an amount contributed by a participating

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Member contributions means all amounts paid to ASRS by a member.

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Qualifying contribution means, with respect to a candidate, a contribution that—

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.