Eligible transferor definition

Eligible transferor means a grandparent, grandchild, parent, or child of an eligible transferee.

Eligible transferor means an SCM, acting for its own account or for the account of a SwapClear Clearing Client, that the Clearing House permits, in its sole and absolute discretion, and subject always to compliance with Applicable Law, to transfer all or part of its Transferring SwapClear Contracts to an Eligible Transferee pursuant to Regulation 60 of these Regulations and in accordance with the Procedures and (where applicable) any relevant Collateral Management Agreement"EMIR"means Regulation (EU) No 648/2012 of the European Parliament and the Council of 4 July 2012 on OTC Derivatives, Central Counterparties, and Trade Repositories“End-of-Day Full Transfer”means an end-of-day transfer of all (and not some) of the SwapClear Contracts from the Transfer Account of an Eligible Transferor of a Carrying Clearing Member to the Transfer Account of an Eligible Transferee of a Receiving Clearing Member and which may, but is not required to, include the transfer of an Associated Collateral Balance (except that no transfer of an Associated Collateral Balance is permitted for transfers between a Proprietary Account of a Carrying Clearing Member to a Proprietary Account of a Receiving Clearing Member without the prior consent of the Clearing House)“End-of-Day Partial Transfer”means an end-of-day transfer of some (but not all) of the SwapClear Contracts from the Transfer Account of an Eligible Transferor of a Carrying Clearing Member to the Transfer Account of an Eligible Transferee of a Receiving Clearing Member, where such transfer does not include the transfer of an Associated Collateral Balance"EONIA"means in relation to a RepoClear Contribution, the overnight rate as calculated by the European Central Bank and appearing on the Reuters Screen EONIA Page (or, if such a rate is not available, such EONIA-linked rate as may be determined in light of market conditions at such time by the Clearing House and notified by the Clearing House to Clearing Members)"Equities Business"means any transaction, obligation or liability arising out of any Equities Contract"Equities Clearing Member"means a Clearing Member which engages in Equities Business and includes an EquityClear Clearing Member"Equities Contract"means any cash equity contracts, EquityClear (ccCFD) Contracts and equity derivative contracts cleared by the Clearing House

Eligible transferor means an SCM, acting for its own account or for the account of a SwapClear Clearing Client, that the Clearing House permits, in its sole and absolute discretion, and subject always to compliance with Applicable Law, to transfer all or part of its Transferring SwapClear Contracts to an Eligible Transferee pursuant to Regulation 60 of these Regulations and in accordance with the Procedures and (where applicable) any relevant Collateral Management Agreement

Examples of Eligible transferor in a sentence

• For the avoidance of doubt, and subject to the requirements of FCM Regulation 46(p), an FCM Clearing Member, acting for its own account or for the account of an FCM Client, may be an Eligible Transferor or an Eligible Transferee.

• The Clearing House shall verify that the Transferring SwapClear Contracts identified to it by a Receiving Clearing Member as being the subject of such Transfer Request correspond to SwapClear Contracts which, according to its records, are registered in the Transfer Account of the Carrying Clearing Member on behalf of the Eligible Transferor.

• The SwapClear Clearing System provides functionality for transfer of one or more Transferring SwapClear Contracts between the Transfer Account of an Eligible Transferor to the Transfer Account of an Eligible Transferee, including, where relevant, the transfer of an Associated Collateral Balance.

• Any such election will not, of itself, prevent the transfer of the Transferring SwapClear Contracts of the Eligible Transferor and any Associated Collateral Balance which has been accepted by the Receiving Clearing Member, provided that the conditions set out in Section 1.15.5 above are satisfied in relation to such transfer.

• The Clearing House shall verify that the Transferring ForexClear Contracts identified to it by a Receiving Clearing Member as being the subject of such Transfer Request correspond to ForexClear Contracts that, according to its records, are registered in the Transfer Account of the Carrying Clearing Member on behalf of the Eligible Transferor.

More Definitions of Eligible transferor

Eligible transferor means a grandparent, parent, or child

Eligible transferor means a Carta Shareholder that is as of the Effective Time either: (i) a resident of Canada, or (ii) a Canadian partnership, in each case, for the purposes of the ITA;

Eligible transferor means an SCM, acting for its own account or for the account

Eligible transferor means a parent or child of an eligible transferee.

Eligible transferor means an individual who is eligible to transfer entitlements;

Eligible transferor means an SCM or a ForexClear Clearing Member, acting forits own account or for the account of a SwapClear Clearing Client, that the Clearing House permits, in its sole and absolute discretion, and subject always to compliance with Applicable Law, to transfer all or part of its Transferring SwapClear Contracts or Transferring ForexClear Contracts to an Eligible Transferee pursuant to Regulation 60 or Regulation 95 of these Regulations and in accordance with the Procedures and (where applicable) any relevant Collateral Management Agreement

Eligible transferor means an FCM Clearing Member that the Clearing Housepermits, in its sole and absolute discretion, and subject always to compliance with Applicable Law, to transfer all or part of its Transferring SwapClear Contracts or Transferring ForexClear Contracts to an Eligible Transferee pursuant to FCM Regulation 46(q) or FCM Regulation 49(r) and in accordance with the FCM Procedures