Settlement Conventions Sample Clauses

Settlement Conventions. Consistent with these Guidelines, transactions may be transacted for cash and regular (standard) settlement or for forward settlement. The Manager will utilize its trading platform, protocols and ecosystem for execution of trades. The Manager will confirm trades with counterparties, and will promptly notify the Custodian, the Administrator and the Company of agreed transactions. The Manager will instruct counterparties to deliver Eligible Short-Term Assets purchased on behalf of the Company to the SMCCF Cash Reinvestment Sub-Account against payment therefor or to otherwise deliver Eligible Short-Term Assets as agreed by the Manager, the Custodian and the Company. The Manager will cooperate with the Custodian and counterparties to effect such settlement and to resolve any settlement or other operational issues promptly. EXHIBIT B POWER OF ATTORNEY DATE: , 2020 RE: CORPORATE CREDIT FACILITIES LLC (THE “CLIENT”) ACCOUNT NUMBER: ATTENTION: THIS IS TO CONFIRM THE APPOINTMENT OF, AND ACCEPTANCE BY, BLACKROCK FINANCIAL MANAGEMENT, INC. AS INVESTMENT MANAGER TO MANAGE, SUPERVISE AND DIRECT THE INVESTMENTS OF AND FOR THE ABOVE CAPTIONED ACCOUNT (THE “ACCOUNT”), WHICH APPOINTMENT INCLUDES THE AUTHORITY TO ACT AS AGENT AND ATTORNEY-IN-FACT FOR AND ON BEHALF OF THE CLIENT WITH RESPECT TO THE ACCOUNT WITH FULL AND COMPLETE AUTHORITY (I) TO PURCHASE, SELL, EXCHANGE, CONVERT AND OTHERWISE TRANSACT IN CERTAIN SECURITIES AND CASH HELD FOR INVESTMENT AND OTHER ASSETS AS BLACKROCK FINANCIAL MANAGEMENT, INC. MAY SELECT; AND (II) TO [ESTABLISH ACCOUNTS]* AND EXECUTE SECURITIES TRANSACTIONS WITH ONE OR MORE SECURITIES BROKER/DEALER FIRMS AND OTHER FINANCIAL INTERMEDIARIES AS BLACKROCK FINANCIAL MANAGEMENT, INC. MAY SELECT; IN EACH CASE, SUBJECT TO THE TERMS AND CONDITIONS SET FORTH BY THE CLIENT PURSUANT TO THE INVESTMENT MANAGEMENT AGREEMENT, DATED MAY 11, 2020. NO CASH OR SECURITIES DUE TO OR HELD FOR THE ACCOUNT SHALL BE PAID OR DELIVERED TO BLACKROCK FINANCIAL MANAGEMENT, INC., EXCEPT IF EXPRESSLY DIRECTED AND APPROVED BY THE CLIENT. IT IS FURTHER UNDERSTOOD THAT BLACKROCK FINANCIAL MANAGEMENT, INC. MAY DELIVER TO ANY SECURITIES BROKER/DEALER FIRM EXECUTING TRANSACTIONS ON BEHALF OF THE CLIENT WITH RESPECT TO THE ACCOUNT A COPY OF THIS DOCUMENT AS EVIDENCE OF THE AUTHORITY OF BLACKROCK FINANCIAL MANAGEMENT, INC. TO ACT AS AGENT AND ATTORNEY-IN-FACT FOR AND ON BEHALF OF THE CLIENT. VERY TRULY YOURS, CORPORATE CREDIT FACILITIES LLC BY: FEDERAL RESERVE BANK OF NEW YORK ITS MAN...
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Settlement Conventions. Consistent with these Guidelines, transactions may be transacted for cash and regular (standard) settlement or for forward settlement. The Manager will utilize its trading platform, protocols and ecosystem for execution of trades. The Manager will confirm trades with counterparties, and will promptly notify the Custodian, the Administrator and the Company of agreed transactions. The Manager will instruct counterparties to deliver Eligible Short-Term Assets purchased on behalf of the Company to the PMCCF Cash Reinvestment Sub-Account against payment therefor or to otherwise deliver Eligible Short-Term Assets as agreed by the Manager, the Custodian and the Company. The Manager will cooperate with the Custodian and counterparties to effect such settlement and to resolve any settlement or other operational issues promptly. Exhibit B Power of Attorney DATE: , 2020 Re: Corporate Credit Facilities LLC (the “Client”) Account Number: Attention: This is to confirm the appointment of, and acceptance by, BlackRock Financial Management, Inc. as investment manager to manage, supervise and direct the investments of and for the above captioned account (the “Account”), which appointment includes the authority to act as agent and attorney-in-fact for and on behalf of the Client with respect to the Account with full and complete authority (i) to purchase, sell, exchange and otherwise transact in certain securities and cash held for investment and other assets as BlackRock Financial Management, Inc. may select; and (ii) to [establish accounts]* and execute securities transactions with one or more securities broker/dealer firms and other financial intermediaries as BlackRock Financial Management, Inc. may SELECT; IN EACH CASE, SUBJECT TO THE TERMS AND CONDITIONS SET FORTH BY THE CLIENT PURSUANT to the investment Management agreement (Primary Market Corporate Credit Facility), dated May [ ], 2020. No cash or securities due to or held for the Account shall be paid or delivered to BlackRock Financial Management, Inc., except if expressly directed and approved by the Client. It is further understood that BlackRock Financial Management, Inc. may deliver to any securities broker/dealer firm executing transactions on behalf of the Client with respect to the Account a copy of this document as evidence of the authority of BlackRock Financial Management, Inc. to act as agent and attorney-in-fact for and on behalf of the Client. Very truly yours, Corporate Credit Facilities LLC By: Feder...
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Related to Settlement Conventions

  • Union Conventions The chapter chairperson or his/her representative elected to attend a function of the International Union such as convention, or educational conferences, upon proper application, shall be allowed a total of five (5) days per year time off without loss of time or pay to attend such conference and/or conventions.

  • Conventions For purposes of this Article XIII, Party A means the Carrier from which a telephone number is Ported, and Party B means the carrier to which a telephone number is ported.

  • File Naming Conventions Files will be named according to the following convention: {gTLD}_{YYYY-­‐MM-­‐DD}_{type}_S{#}_R{rev}.{ext} where:

  • Measurements and arithmetic conventions All measurements and calculations shall be in the metric system and calculations done to 2 (two) decimal places, with the third digit of 5 (five) or above being rounded up and below 5 (five) being rounded down.

  • Day count convention Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.

  • Scope of the Convention Article 1

  • Convention Except as otherwise provided in this Conveyance, each calendar day, month, quarter and year shall be deemed to begin at 12:01 a.m. Central Time on the stated day or on the first day of the stated month, quarter or year, and to end at 12:00 a.m. Central Time on the next day or on first day of the next month, quarter or year, respectively.

  • Attendance at Conferences and Conventions (a) The parties to this Agreement recognize that attendance or participation at conferences, conventions, symposia, workshops and other gatherings of a similar nature contributes to the maintenance of high professional standards.

  • Interest Rate Risk Management Instruments (a) Set forth on Schedule 2.26(a) is a list as of the date ---------------- hereof of all interest rate swaps, caps, floors and option agreements and other interest rate risk management arrangements to which Seller or any of the Seller Subsidiaries is a party or by which any of their properties or assets may be bound.

  • International Olympic Committee; International Red Cross and Red Crescent Movement As instructed from time to time by ICANN, the names (including their IDN variants, where applicable) relating to the International Olympic Committee, International Red Cross and Red Crescent Movement listed at xxxx://xxx.xxxxx.xxx/en/resources/registries/reserved shall be withheld from registration or allocated to Registry Operator at the second level within the TLD. Additional International Olympic Committee, International Red Cross and Red Crescent Movement names (including their IDN variants) may be added to the list upon ten (10) calendar days notice from ICANN to Registry Operator. Such names may not be activated in the DNS, and may not be released for registration to any person or entity other than Registry Operator. Upon conclusion of Registry Operator’s designation as operator of the registry for the TLD, all such names withheld from registration or allocated to Registry Operator shall be transferred as specified by ICANN. Registry Operator may self-­‐allocate and renew such names without use of an ICANN accredited registrar, which will not be considered Transactions for purposes of Section 6.1 of the Agreement.

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