RQV definition

RQV means, in respect of an SFT, the Value of the RQV Assets required to be transferred by Borrower to Cboe Clear (as lender) or by Cboe Clear (as borrower) to Lender (as applicable) at any time, being the Value of the Loaned Securities (as determined by Cboe Clear), multiplied by the RQV Ratio.

Examples of RQV in a sentence

  • It is expressly agreed and understood by and between the parties that the Consultant is an independent Contractor, and the Consultant: will conduct itself consistent with this status; will not hold himself out to be an employee or agent of CYMPO; shall be resSRQVLEOH IRU SD\PHQW RI &RQV X O:WRDUQNWP¶DVQ ¶RVZ Compensation and other government and non-government programs and charges; and shall not be compensated as or entitled to benefits or contributions as an employee.