Trading Account Ledger definition

Trading Account Ledger means the ledger on which, in relation to Replacements, trading gains and losses are recorded as credits or debits, as the case may be.
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Trading Account Ledger means the ledger on which, in relation to Portfolio Adjustments where the Portfolio Manager elects the Trading Account Adjustment method, Trading Account Ledger Adjustment Amount are recorded as credits or debits, as the case may be. The Trading Accounts will bear interest on the balance (if any) notionally standing to the credit of the Trading Accounts calculated in respect of each day during the period from the Issue Date to the final redemption date of the Notes. Each such daily interest amount shall be equal to the product of (i) the balance (if any) notionally standing to the credit of the Trading Accounts on the respective date, (ii) the Trading Account Interest Rate and (iii) the Trading Account Business Day Convention. The balance in a Trading Account cannot be transferred to another Trading Account for a different Series of Notes.
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Examples of Trading Account Ledger in a sentence

  • The “Negative Proportion” is the proportion of the change in the balance of the Trading Account Ledger that reflects the amount by which the balance of the Trading Account Ledger was less than zero before the Replacement or, as the case may be, the amount by which it is less than zero after the Replacement.

  • Such amount debited from the Trading Account Ledger shall be divided by the Subordination Sensitivity and the result shall be applied to the Subordination Amount.

  • In the event that the Issuer is due to make payment of a Cash Settlement Amount, after taking into account the outstanding balance of the Trading Account Ledger, a corresponding portion of the Underlying Assets will be liquidated in order to fund such payments and the principal amount of the Notes will be written down pro rata accordingly.

  • Adjustment method (Trading Account Ledger Adjustment or Subordination Adjustment).

  • For the avoidance of doubt, such Variable Coupon Amount and such Trading Account Ledger amount shall be paid by the Issuer in addition to the Interest Amounts otherwise payable by the Issuer under Item19 (Floating Rate Note Provisions) of these Supplemental Terms and Conditions.

  • Applicable also in respect of the Trading Account Ledger: each Noteholder shall be entitled to receive on the Maturity Date or Purchase Date, in respect of each Note redeemed or purchased, such proportion of 80 per cent.

  • Client should have required margins or clear funds in the Trading Account Ledger before taking F&O positions.

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Related to Trading Account Ledger

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Collection Accounts As defined in Section 3.10(a).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Joint Trading Account shall have the meaning set forth in the preamble of this Agreement.

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Holding Account means an account:

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Investment Account As defined in Section 3.12(a).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Equity Account Administrator means the brokerage firm utilized by the Company from time to time to create and administer accounts for participants in the Company’s equity plans and programs, including the Plan.

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.