SwapClear Contract definition

SwapClear Contract means a Contract entered into by the Clearing House with a

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SwapClear Contract means a Contract entered into by the Clearing House with a SwapClear Clearing Member on the SwapClear Contract Terms which includes, in the case of the Default Rules (including the Rates Service DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM SwapClear Contract "SwapClear Contract Terms" means the terms applicable to each SwapClear Contract as set out from time to time in the Product Specific Contract Terms and Eligibility Criteria Manual "SwapClear Contribution" means the amount of an SCM's Contribution determined in accordance with Part A of the Rates Service Default Fund Supplement – SwapClear and shall include any SwapClear Unfunded Contributions and any relevant Supplementary Contribution deposited and made by the SCM with the Clearing House "SwapClear CTM Contract" means a SwapClear Contract that is not a SwapClear STM Contract "SwapClear Dealer Clearing Agreement" means a written agreement, in the form and on the terms prescribed by the Clearing House between a SwapClear Dealer, a SwapClear Clearing Member and the Clearing House "SwapClear Dealer" or "SD" means a person admitted by the Clearing House to the Register of SwapClear Dealers and who has not been removed from the Register "SwapClear Default Fund Supplement" means the Supplement relating to the SwapClear Business "SwapClear Default Management Process" has the meaning assigned to it in the SwapClear DMP Annex in the Default Rules "SwapClear Default Management Process Completion Date" has the meaning assigned to it in the SwapClear DMP Annex in the Default Rules "SwapClear Default Period" has the meaning ascribed to it in Rule S1 of Part A of the Rates Service Default Fund Supplement – SwapClear "SwapClear Determination Date" has the meaning ascribed to it in Rule S1 of Part A of the Rates Service Default Fund Supplement – SwapClear "SwapClear DMG" has the meaning assigned to it in the SwapClear DMP Annex in the Default Rules

SwapClear Contract means a Contract entered into by the Clearing House with a SwapClear Clearing Member on the SwapClear Contract Terms which includes, in the case of the Default Rules (including the Rates Service DMP Annex but excluding, for the avoidance of doubt, the Client Clearing Annex), the FCM Default Fund Agreement and any other document, rule or procedure as specified by the Clearing House from time to time, an FCM SwapClear Contract

Examples of SwapClear Contract in a sentence

• The beneficial owner of the Unallocated FCM SwapClear Contract shall be the unidentified FCM Client on whose behalf the Unallocated FCM SwapClear Transaction was executed.

• Unless or until the Clearing House receives an eligible Allocation Notice, the Unallocated FCM SwapClear Contract shall remain in the Pre-Allocation FCM Clearing Member’s FCM SwapClear Suspension Sub-Account and subject to the rules of the Clearing House.

• SwapClear Contract has been erroneously allocated to a Client Account the Clearing House will, in response to a written request from a SwapClear Clearing Member and subject to acceptance of the transfer by the relevant Pre-Allocation FCM Clearing Member, transfer an SwapClear Contract to the FCM SwapClear Suspension Sub-Account from which that FCM SwapClear Contract was allocated.

• Following any such acceptance by Party A, LCH.Clearnet will, subject to the conditions set out in, and pursuant to, the LCH Rules, register a SwapClear Contract in the name of Party A and credit it to Party A’s Client Account at LCH.Clearnet (an “Accepted Transaction”).

More Definitions of SwapClear Contract

SwapClear Contract means a contract that is registered for clearing and is entered into by the Clearing House with a Clearing Member on the SwapClear Contract Terms, and which is governed by these Regulations.

SwapClear Contract has the meaning specified in the LCH General Regulations.

SwapClear Contract means a Product which constitutes a Cleared Swap. Such Products are: (1) FCM SwapClear Contracts and (2) FCM ForexClear Contracts. has the meaning assigned to it in the General Regulations but which shall not, unless stated otherwise, include an FCM SwapClear Contract.