RepoClear Default Management Process Completion Date definition
RepoClear Default Management Process Completion Date means the date when the RepoClear Default Management Process in relation to a Default has been completed as determined by the Clearing House in consultation with the Fixed Income DMG and notified to all RCMs; and
RepoClear Default Management Process Completion Date means, in respect of a RepoClear Default, the earlier to occur of the date on which the Clearing House notifies the RCMs that all RepoClear Business Default Losses associated with that Default have been satisfied out of the RepoClear Available Resources and the last day of the Loss Distribution Period in respect of that RepoClear Default;