Value Based Allocation definition

Value Based Allocation means the method for value based allocations (as set out in these Elementary Clearing Model Provisions, including but not limited to Number 4.4.1) of Eligible Margin Assets to the Internal Proprietary Margin Account and the Internal Omnibus Margin Account and from the Internal Omnibus Margin Account to individual Client Transaction Accounts.
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Value Based Allocation means the method for allocations set out in these Elementary Clearing Model Provisions including, but not limited to Number 4.2.1 that applies if the Value Based Allocation is the Applicable Allocation Method. 4.2.1 In case the Value Based Allocation is the Applicable Allocation Method, the relevant Pro Rata Margin Share of (i) all credits and debits of Securities to the Pledged Securities Accountand all pledged or released Securities using Xemac or CmaX pursuant to Number 6.6.4, and (ii) all daily cash margin credits or debits in respect of Margin to the Clearing Member Cash Account or a foreign currency account of the Clearing Member, pursuant will be allocated to the Elementary Proprietary Standard Agreement and the Elementary Omnibus Standard Agreement, as applicable, and recorded on the Internal Elementary Proprietary Margin Account and the Internal Elementary Omnibus Margin Account, respectively. Where:
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Examples of Value Based Allocation in a sentence

  • For the avoidance of doubt, ECM Transactions of the Clearing Member other than ECM CASS Transactions may also be subject to Clearing in accordance with the Value Based Allocation Method.

  • The Value Based Allocation shall be the Applicable Allocation Method, unless the relevant Clearing Member has specified, in the Clearing Agreement pursuant to Appendix 1, that the Asset Based Allocation shall apply.

  • The equalization tank of the unit shall be interconnected with each other.

  • In case the Value Based Allocation is the Applicable Allocation Method, any such direct debit shall discharge the relevant Margin Call relating to the relevant Elementary Standard Agreement to be determined pursuant toNumber 4.2.1 (and consequentially such direct debit will increase the respective Redelivery Claim).

  • In case the Value Based Allocation is the Applicable Allocation Method, Eurex Clearing AG undertakes to only exercise any such appropriation right with respect to such Relevant Pledged Securities that are allocated to the Internal Proprietary Margin Account in accordance with Chapter I Part 2 Subpart A Number 4.4.1.1 of the Clearing Conditions.

  • In Eurex Clearing Circular 113/19, which was filed as Rule Certification 113/19 pursuant to CFTC Rule 40.6, Eurex Clearing proposed transitional provisions under Chapter I Part 1 Number 18 of the Clearing Conditions with respect to Clearing Members who did not change (i) from the Value Based Allocation to Asset Based Allocation or (ii) from the Individual Clearing Model (“ ICM”) Provisions to other clearing models with respect to all of their ICM Clients prior to January 2, 2020.

  • CABINET PAPER - MICE STATISTICS Marketing subcommittee headed by Ms. Janice Hakel-Ranasinghe attended the SLCB marketing meetings and worked on a cabinet paper for MICE data collection.

  • For the purposes of the Elementary Clearing Model Provisions, the Applicable Allocation Method shall be the Value Based Allocation, unless the Clearing Member elects the Asset Based Allocation: □ The Asset Based Allocation shall apply.

  • Value Based Allocation means the method for value based allocations (as set out in these Elementary Clearing Model Provisions, including but not limited to Number 4.4.1) of Eligible Margin Assets to the Internal Proprietary Margin Account and the Internal Omnibus Margin Account and from the Internal Omnibus Margin Account to individual Client Transaction Accounts.

  • Each Clearing Member with respect to which the Value Based Allocation pursuant to the Elementary Clearing Model Provision is the Applicable Allocation Method shall switch from Value Based Allocation to Asset Based Allocation at the latest immediately prior to the Amendment Effective Date.

Related to Value Based Allocation

  • Required Allocations means any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix).

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Qualified Allocation Plan or “QAP” means this Qualified Allocation Plan, which was adopted by Board Action on November 16, 2016 and made effective as of January 1, 2017, and which was approved by the Governor of the State of New Mexico pursuant to Section 42(m)(1)(B) of the Code and sets forth the Project Selection Criteria and the preferences for Projects which will receive Tax Credits.

  • Final Allocation has the meaning set forth in Section 2.3.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Taxable Wage Base means the contribution and benefit base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Excess Contribution means a contribution that exceeds the

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(ix).

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Allocation shall have the meaning set forth in Section 2.7.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Treasury Bills, which may be held without limit: