CETIP definition

CETIP means the Central de Custódia de Liquidação Financeira de Títulos (the Central for the Custody and Cash Settlement of Securities).
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CETIP means CETIP S.A. – Mercados Organizados, which shall administer and operate the securities placement system on which the Debentures are listed for distribution.
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CETIP. : means CETIP S.A. – Mercados Organizados.
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Examples of CETIP in a sentence

  • The Parties authorize the Calculation Agent to be the settlement agent for their operations with the system or clearinghouse for the custody and financial settlement of securities authorized by the Central Bank or the CVM, such as the Financial Risk Protection System - SPR, for operations registered with CETIP.

  • It is agreed by the Parties that the rates, indices and/or prices disclosed by CETIP, BM&F, or another publicly available source, as indicated in the Confirmation, will be used by the Calculation Agent for the purpose of determining the financial results of each Confirmation, except in the case contemplated in Clause 7.4 below.

  • The Parties hereby represent to be aware of and agree that one of the Parties will register any and all Derivative Transactions that may be contracted based on this Agreement or on CETIP, or on BM&F, or on any other system or clearinghouse for the custody and settlement of securities authorized by the Central Bank or the CVM, as established in the applicable regulations.


More Definitions of CETIP

CETIP means the Center of Custody and Financial Settlement of Securities.
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