Clearance System definition

Clearance System means the principal domestic clearance system customarily used for settling trades with respect to the Underlying as determined by the Calculation Agent acting in accordance with relevant market practice and in good faith.
Clearance System means the principal domestic clearance system customarily used for settling trades with respect to the Underlying as determined by the Calculation Agent in its reasonable discretion (§ 315 et seq. BGB).
Clearance System means the principal domestic clearance system customarily used for settling trades in the securities that form the basis of the Underlying as determined by the Calculation Agent acting in accordance with relevant market practice and in good faith.

Examples of Clearance System in a sentence

  • User log into the Event Clearance System by his/her user name password.2. Event list will be displayed immideate after log in.3. MHA File status for all event applications will be displayed under “Complete Applications” table in above screen(Ref.

  • Authority shall release due amount after making recoveries, if any, through Electronic Clearance System (ECS) in favour of the Agency.

  • ECCThe ECC system, stands for Electronic Cheque Clearance System is an image-based approach to processing checks that transfers original paper cheques between participating member banks and financial institutions via a protected media afterbeing converted into an image for electronic processing.


More Definitions of Clearance System

Clearance System means the principal domestic clearance system customarily used for settling trades in the securities that form the basis of the Underlying as determined by the Calculation Agent in its reasonable discretion (§ 315 et seq. BGB).
Clearance System means any clearing house, settlement system, payments system, or depository (including any dematerialized book entry system or entity that acts as a system for the central handling of Securities in the country where it is incorporated or organized or that acts as a transnational system for the central handling of Securities), whether or not acting in that capacity, or other financial market utility or organized trading facility used in connection with transactions relating to Securities or Cash and any nominee of the foregoing.
Clearance System means any clearing agency, settlement system or depository (including any entity that acts as a system for the central handling of Securities in the country where it is incorporated or organized or that acts as a transnational system for the central handling of Securities) used in connection with transactions relating to Securities and any nominee of the foregoing.
Clearance System means, in respect of the Index at any time, the domestic clearance system customarily used for settling trades in the securities comprised in the Index at that time;
Clearance System means any clearing agency, settlement system or depositary used in connection with Transactions and any nominee of the foregoing.
Clearance System means the principal domestic clearance system customarily used for settling trades with respect to the Underlying as determined by the Calculation Agent using its reasonable judgment and acting in good faith.
Clearance System means any clearing agency, settlement system or depository (including any entity that acts as a system for the central handling of Securities in the country where it is incorporated or organised or that acts as a transnational system for the central handling of Securities) used in connection with transactions relating to Securities and any nominee of the foregoing.