CCP — borrowed from another act; this instrument states no meaning of its own ‘(24)

pro forma model — an initial margin model established, published, and revised through market-led initiatives. The Commission is empowered to adopt a delegated act in accordance with Article 82 to supplement this Regulation by setting out: ; the method for the determination of the amount of the fees; and the modalities of the payment of the fees.’ (d)

uncleared position — the aggregate month-end average position for the previous 12 months in OTC derivative contracts that are not cleared by a CCP authorised under Article 14 or recognised under Article 25.’ ; its uncleared positions in accordance with paragraph 3, first subparagraph; its aggregate month-end average positions in cleared and uncleared OTC derivative contracts for the previous 12 months (“aggregate positions”) in accordance with paragraph 3, second subparagraph. does not calculate its uncleared positions, or where the result of the calculation of those uncleared positions under the first subparagraph, point (a), of this paragraph exceeds any of the clearing thresholds specified pursuant to Article 10(4), first subparagraph, point (b); or does not calculate its aggregate positions, or where the result of the calculation of those aggregate positions exceeds any of the clearing thresholds specified pursuant to paragraph 4 of this Article; immediately notify ESMA and the relevant competent authority thereof; establish clearing arrangements within four months of the notification referred to in point (i) of this subparagraph; and become subject to the clearing obligation referred to in… (4)