Order Processing Procedures Sample Clauses
Order Processing Procedures. The Account Holder’s orders can be processed in two ways: • The first, known as “simple execution”, which applies to transactions initiated by the Account Holder on products that are not particularly complex as defined by the applicable regulations (shares traded on a regulated market, bonds and other forms of GENERAL TERMS AND CONDITIONS securitised debt without embedded derivatives, etc.). In this case, SGSS transmits orders to the traders for simple execution without any checks as to the appropriateness of the product. • On the other hand, with complex or high-risk products, upon the first transaction, SGSS must assess the Account Holder’s degree of understanding of the risks inherent in the product in question. SGSS is obliged to ask the Account Holder for information concerning his/her knowledge and experience, it being understood that the Account Holder who has carried out transactions on a type of financial instrument prior to 1 November 2007 is presumed to have the required level of experience and knowledge to understand the risks and will therefore not be assessed for transactions that they carry out on these products after this date. In compliance with the applicable regulations, SGSS acts honestly, loyally and professionally, serving the best interests of the Account Holder and fostering market integrity. In particular, it respects all rules established to organise the workings of the regulated markets and the multilateral trading facilities on which it operates.
Order Processing Procedures. The Parties agree to develop and implement, within thirty (30) days of the Effective Date, Automobile delivery procedures and a standard process that will be followed by CarsDirect and P/UAG Dealers to expedite Sourcing Transactions and Automobile acceptances and delivery confirmations. The Parties agree to exercise best efforts to enhance and modify those procedures and standard processes during the term of this Agreement to further expedite and automate the various functions.
Order Processing Procedures. If the Account Holder carries out transactions on products that are not particularly complex as defined by the applicable regulations (shares traded on a regulated market, bonds and other forms of securitised debt without embedded derivatives, etc.), SGSS transmits orders to the traders for simple execution without any checks as to the appropriateness of the product, • On the other hand, with complex or high-risk products, upon the first transaction, SGSS must assess the Account Holder’s degree of understanding of the risks inherent in the product in question. To this end, SGSS is obliged to ask the Account Holder for information concerning their knowledge and experience, it being understood that Account Holders who have carried out transactions on a type of financial instrument prior to 1 November 2007 are presumed to have the required level of experience and knowledge to understand the risks and will therefore not be assessed for transactions that they carry out on these products after this date. SGSS acts honestly, loyally and professionally, serving the best interests of the Account Holder and fostering market integrity. In particular, it respects all rules established to organise the workings of the regulated markets and the multilateral trading facilities on which it operates.
Order Processing Procedures. Upon receipt of the MICROSOFT Purchase Order, SMARTE will submit orders for the SmarteCD Encoder Plug-in to the Encoder/Verification Solution Providers in accordance with the needs of the Replicators. The Encoder/Verification Solution Providers will, in turn, deliver the requisite SmarteCD Encoder/Verification Plug-ins to the Replicators according to each facility’s hardware/software configuration. The Encoder/Verification Solution Providers will also support the installation and testing of the SmarteCD Encoder Plug-ins at each facilities.
Order Processing Procedures. 1. Orders for the Services are transmitted in a format designated by Frontier via the CDR transmission media selected by Purchaser. At the time Purchaser submits an order for Service, Purchaser shall furnish Frontier with the name, billing and service addresses and ANI of each Presubscribed End-User (the "End-User Information"). The End-User Information is required for LEC account set-up, normal call processing and handling NXX level customer service. The End-User Information is deemed to be Purchaser's Proprietary Information in accordance with Section 15 of the Agreement.
2. If the traffic volume of Services ordered by Purchaser is such that Frontier determines in its sole discretion that a delay in processing orders is required, Frontier may delay order processing for such period of time as Frontier deems necessary in its reasonable business judgment. Any such delays will not, however, adversely impact Purchaser for the purpose of determining whether Purchaser has met any minimum usage requirements under the Agreement; Frontier agrees to adjust the requirements to reflect such delay.
Order Processing Procedures. All orders for Services to DFX Customers shall be submitted by DFX to Fusion in accordance with such order processing procedures as may be established by Fusion from time to time. In connection therewith, Fusion shall make available to DFX an electronic order entry system, together with such related systems documentation as shall be reasonably required to properly operate such system. In addition, Fusion shall provide reasonable initial training to the individuals responsible for training DFX’s order entry personnel in the use of such system. Such training will take place at Fusion’s corporate facilities unless otherwise agreed. In the event that DFX requests the initial training be conducted at a facility other than Fusion’s corporate offices, DFX will pay Fusion’s costs and expenses related to the offsite training.
Order Processing Procedures. 1. Orders for the Services are transmitted in a format designated by Frontier via the CDR transmission media selected by Purchaser. Ar the time Purchaser submits an order for Service, Purchaser shall furnish Frontier with the name, billing and service addressed and ANI of each presubscribed End-user (the "End-User Information"). The End-User Information is required for LEC account set-up, normal call processing and handling NXX level customer service. The End-User Information is deemed to be Purchaser's proprietary information under the Agreement.
2. If the traffic is such that Frontier determines in its sole discretion that a delay in processing orders is required, Frontier may delay order processing for such period of time as Frontier deems necessary in its reasonable business judgment. Any such delays will not, however, adversely impact Purchaser for the purpose of determining whether Purchaser has met any minimum usage requirements under the Agreement; Frontier agrees to adjust the requirements to reflect such delay.
Order Processing Procedures