For the purposes of this Regulation the following definitions apply:
(a)((a)) ‘indirect client’ means the client of a client of a clearing member;
(b)((b)) ‘indirect clearing arrangement’arrangements’ means the set of contractual relationships between theproviders centraland counterpartyrecipients (CCP),of theindirect clearing member,services theprovided client ofby a clearingclient, member andan indirect client that allows the client ofor a clearing member to provide clearing services to ansecond indirect client;
(c)((c)) ‘confirmation’ means the documentation of the agreement of the counterparties to all the terms of an over the counter (OTC) derivative contract.contract;
(d)‘second indirect client’ means a client of an indirect client;
(e)‘third indirect client’ means a client of a second indirect client.