Clearing Membership Agreement definition

Clearing Membership Agreement means the agreement so designated under which, inter alia, the Clearing House agrees to make available Clearing Services to a Clearing Member in respect of Contracts together with any ancillary agreements.

Clearing Membership Agreement means the agreement so designated under which, inter alia, the Clearing House agrees to make available clearing services in respect of Contracts together with any extension letter or other agreement; in these Regulations and the Procedures the expressions "Clearing Member Agreement", "Member Agreement" and "Membership Agreement" shall have the same meaning as "Clearing Membership Agreement"; and in the Default Rules "Clearing Membership Agreement" includes the FCM Clearing Membership Agreement and the FCM Default Fund Agreement

Clearing Membership Agreement means an agreement between ICUS and a Clearing Member in relation to the Clearing Member’s membership of ICUS.

Examples of Clearing Membership Agreement in a sentence

• A Member’s clearing member status of the Clearing House shall be governed by these Regulations, the Procedures and any Clearing Membership Agreement to which he is for the time being party.

• The terms and conditions binding on each FCM Clearing Member are set out in the FCM Rulebook (which includes these FCM Procedures), the FCM Clearing Membership Agreement, the FCM Default Management Process Agreement and the FCM Default Fund Agreement, each as amended from time to time.

• In addition to the waiver of challenge on the basis of joinder set out in clause 8.5 of the Clearing Membership Agreement, each Clearing Member and the Clearing House hereby irrevocably waives any right to challenge any award or order of any tribunal appointed under the Clearing Membership Agreement by reason of the fact that it arises from a consolidated arbitration.

• The relevant criteria are without prejudice to the provisions of the FCM Clearing Membership Agreement and the FCM Default Fund Agreement which must be executed by the applicant, and must equally be met by FCM Clearing Members.

• Two copies of the FCM Clearing Membership Agreement and the FCM Default Fund Agreement will be provided to the applicant who must sign both copies of each (but not date them) and return them to the Clearing House's Membership Department along with the application documentation.

More Definitions of Clearing Membership Agreement

Clearing Membership Agreement means an agreement between ICE Clear and each Clearing Member as described further in the ICE Clear Rules;

Clearing Membership Agreement means the agreement by that name as prescribed from time to time by LCH and any authorisation given by LCH to a member to clear IPE Contracts.

Clearing Membership Agreement means in relation to the Chargor the Clearing Membership Agreement between the Chargor and the Clearing House having the date specified on the first page of this Deed, as such agreement may be amended and or replaced from time to time;

Clearing Membership Agreement means the clearing membership agreement between the Clearing Member and ICE Clear.

Clearing Membership Agreement means a clearing membership agreement which is substantially in the form of the Clearing Membership Agreement set out in Schedule 9;

Clearing Membership Agreement means the clearing membership agreement between the Obligor and the Clearing House;

Clearing Membership Agreement means, in respect of an account of a Clearing Member, any Collateral: (i) which the Clearing House has returned to a Clearing Member or a Custodial Segregated Client, as applicable (provided that the Clearing House shall only be treated as having returned any non-cash Collateral to a Clearing Member or a Custodial Segregated Client, as applicable, if the security in respect of that Clearing Member’s or Custodial Segregated Client’s interest in that non-cash Collateral pursuant to the relevant Deed of Charge or Client Charge has been released); or (ii) in respect of which the obligation to return such Collateral has been discharged as a result of the operation of Regulation 23(c) or as a result of the operation of Regulation 57(d) or another comparable payment netting provision applying in the ordinary course of business. means the agreement so designated under which, inter alia, the Clearing House agrees to make available clearing services in respect of Contracts together with any extension letter or other agreement; in these Regulations and the Procedures the expressions "Clearing Member Agreement", "Member Agreement" and "Membership Agreement" shall have the same meaning as "Clearing Membership Agreement"; and in the Default Rules "Clearing Membership Agreement" includes the FCM Clearing Membership Agreement and the FCM Default Fund Agreement