Uncleared Swap definition

Uncleared Swap means a Swap other than a Cleared Swap.
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Uncleared Swap means a Transaction that is a “swap” as defined in the CEA section 1(a)(47) and CFTC regulation 1.3(xxx) that is not subject to the CFTC’s mandatory clearing requirement under CEA section 2(h) and CFTC regulations promulgated thereunder.
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Uncleared Swap or “Non-Cleared Swap” means any Swap or SB Swap other than a Cleared Swap or an Intended to be Cleared Swap.
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Examples of Uncleared Swap in a sentence

  • This notification is deemed repeated each time Party B enters into an Uncleared Swap with Party A.

Related to Uncleared Swap

  • Cleared Swap means a Swap that is subject to the mandatory clearing requirement of Section 2(h)(1)(A) of the CEA or any Swap that is intended by a Participant to be submitted to a DCO for clearing contemporaneously with execution.

  • 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.

  • Curtailment Order means any of the following: