For the purposes of this Regulation the following definitions apply:
((a))
‘indirect client’ means the client of a client of a clearing member;
((b))
‘indirect clearing arrangement’ means the set of contractual relationships between the central counterparty (CCP), the clearing member, the client of a clearing member and indirect client that allows the client of a clearing member to provide clearing services to an indirect client;
((c))
‘confirmation’ means the documentation of the agreement of the counterparties to all the terms of an over the counter (OTC) derivative contract.