CHESS Participant definition

CHESS Participant means the “Participant” as such term is defined in the Australian Tripartite Agreement.
CHESS Participant means, in relation to a Client, that Client's participant for the purposes of the SCH Rules which controls the Transfer of Secured Property held by that Client.

Examples of CHESS Participant in a sentence

  • This Part D: Participant Sponsorship Agreement (“Sponsorship Agreement”) is a contract that you (“the Client”) enter into with us (“TPP”), in which you name us as your CHESS sponsor and authorise us to create a CHESS Participant Sponsored Holding in your name and to trade on it as you instruct.

  • The Terms and Conditions of Participant Sponsorship Agreement below constitute a contract that you enter into with us, under which you name us as your CHESS sponsor and authorise us to create a CHESS Participant Sponsored Holding in your name and to trade on it as you instruct.

  • Subposition A facility in CHESS by which: • activity in relation to Financial Products in a CHESS Holding may be restricted; and • access to those Financial Products for limited purposes may be given to a CHESS Participant other than the Broker.

  • Send this form to your controlling CHESS participant (usually your stock broker).Controlling CHESS Participant as at 22 August 2014: Holder Identification Number (HIN): Step 1: Box AThis is the number of Shares you can tender.

  • The client has the right to have any complaints in relation to their dealings with E TRADE Australia as execution and settlement agent or CHESS Participant, considered in a timely manner.

  • Business Automobile Liability Insurance and Excess Liability Insurance policies shall name the other Party identified in the sections above, its parent, associated and Affiliate companies and their respective directors, officers, agents, servants and employees ("Other Party Group") as additional insured.

  • The Rules deal with the suspension of a CHESS Participant if a Payment Obligation is not authorised by their Payment Provider (Rule 7.33.1), the requirement that all brokers establish a Payment Facility to facilitate DvP settlement (Rule 9.20) and the power of ASTC’s Board to restrict, suspend or terminate participation in CHESS (Rule 19.2.1).

  • Credits from sales of securities are not available until the settlement date and all documents and security holder information have been delivered to Commonwealth Securities Limited and verified through CHESS Settlement Facility, if a CHESS Participant Sponsored Holding security has been sold.

  • If you are a CHESS Participant, initiate acceptance in accordance with the requirements of the ASTC Settlement Rules before the end of the Offer Period.

  • The client has the right to have any complaints in relation to their dealings with the Broker as execution and settlement agent or CHESS Participant, considered in a timely manner.

Related to CHESS Participant

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Participant has the meaning specified in Section 10.06(d).

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Active Participant means a Participant who has satisfied the eligibility requirements under Section 3 and who has at least 1,000 Hours of Service during the current Plan Year. However, a Participant shall not qualify as an Active Participant unless (i) he is in active Service with an Employer as of the last day of the Plan Year, or (ii) he is on a Recognized Absence as of that date, or (iii) his Service terminated during the Plan Year by reason of Disability, death, or Normal Retirement.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Current Participant means a Class Member who has an Active Account in one or both the Plans as of August 5, 2020.

  • Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.

  • Other Participant means a cooperative project participant other than the United States.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Study Participant means a person recruited to participate in the Study.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Principal Participant means any of the following entities:

  • Clearing Participant means a bank or any person who submits a cheque, IBG or FAST to the Clearing House for clearing;

  • Requesting Participant means a Participant initiating an RFQ.

  • Market Participant means a Market Buyer, a Market Seller, an Economic Load Response Participant, or all three, except when such term is used in Tariff, Attachment M, in which case Market Participant shall mean an entity that generates, transmits, distributes, purchases, or sells electricity, ancillary services, or any other product or service provided under the PJM Tariff or Operating Agreement within, into, out of, or through the PJM Region, but it shall not include an Authorized Government Agency that consumes energy for its own use but does not purchase or sell energy at wholesale.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.