Clearance Systems definition

Clearance Systems. . . . . . . . . . . . . . . means CDP, Euroclear and Clearstream, Luxembourg
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Clearance Systems means securities depositories as contemplated by Section 6 hereof and Foreign Securities Depositories; "Market Infrastructure Entities" shall mean public utilities, telecommunications facilities and other common carriers of electronic and other messages, and public postal services not affiliated with the Bank; "Transport Systems" shall mean any courier, messenger or other similar transport system not affiliated with the Bank. In the event the Fund suffers a loss, liability or damage attributable to any Clearance System, Market Infrastructure Entity or Transport System, the Bank shall, to the extent of any such loss, liability or damage and to the extent permitted by applicable law (and with respect to Clearance Systems, to the extent not prohibited by any contract with any such Clearance Systems), ( I ) assign the Fund to all of the rights of recovery of the Bank against any such entity and (2) use all reasonable efforts to assist the Fund in pursuing any claim without any charge to the Fund for the Bank's internal costs and expenses . The Bank hereby assigns to the Fund all rights, claims, causes of action and interests it may have against any such entity resulting from the Fund's loss, liability or damage; provided, however, that nothing herein shall be interpreted as granting the Fund any rights to bring any direct claim under any insurance policy issued in favor of the Bank, or as limiting the rights of the Bank to bring any claim against any such entity for any damages suffered by the Bank for any action of its agent.
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Clearance Systems. The principal domestic clearance system customarily settling trades on a delivery versus payment basis on the Shares.
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Examples of Clearance Systems in a sentence

  • The Client agrees that the Custodian is hereby authorised to participate in or use (i) Clearance Systems and (ii) public utilities, external telecommunications facilities and other common carriers of electronic and other messages, external postal services, and other facilities commonly recognized as market infrastructures in any jurisdiction.

  • Notes issued under the Programme may be represented on issue by one or more Global Notes that may be deposited with a common depositary for Euroclear and Clearstream, Luxembourg or may be deposited with a nominee for DTC (see the section headed "Book Entry Clearance Systems").

  • The Client agrees that Clearance Systems and such other third parties as described herein are not Agents and the Custodian has no responsibility for (i) selecting, appointing or monitoring such third parties or (ii) the performance or credit risks of the third parties.

  • The Client agrees that the Custodian is hereby authorized to participate in or use (i) Clearance Systems and (ii) public utilities, external telecommunications facilities and other common carriers of electronic and other messages, external postal services, and other facilities commonly recognized as market infrastructures in any jurisdiction.

  • It also appears that those who registered and left in less than a year are more likely to report they found their program particularly challenging.

  • The Client acknowledges that Clearance Systems and such other third parties are not ICBCIS's agents and ICBCIS has no responsibility for selecting, appointing or monitoring such third parties or the performance or credit risks of such third parties.

  • Notes issued under the Programme may be represented on issue by one or more Global Notes that may be deposited with a common depositary for Euroclear and Clearstream (see "Book Entry Clearance Systems").

  • The Client agrees that ICBCIS or its Agent may participate in or use (i) Clearance Systems and (ii) public utilities, external telecommunications facilities or other common carriers of electronic and other messages, external postal services and other facilities commonly recognized as market infrastructure in any jurisdiction.

  • Additional Terms and Conditions for Credit Linked Securities (2014 ISDA Credit Derivatives Definitions Version) 715Form of Guarantee 789Book-Entry Clearance Systems 796Notice to Purchasers and Holders of Securities and Transfer Restrictions 802Description of the Guarantor 810Taxation 818Offering and Sale 894General Information 913 Schedule1.

  • The Ks and the Js gave Mr. Ericson very few documents to support that information.


More Definitions of Clearance Systems

Clearance Systems means U.S. Depositories and Foreign Securities Depositories; "Market Infrastructure Entities" shall mean public utilities and public postal services not affiliated with the Bank; "Transport Systems" shall mean any courier, messenger or other similar transport system not affiliated with the Bank and reasonably selected by the Bank."
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Clearance Systems means Euroclear and Clearstream Luxembourg or DTC (as the case may be);
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Clearance Systems the following:
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Clearance Systems. Euroclear France SA Calculation Agent: Party A STRUCTURING FEE: Structuring Fee Payment Date: the Trade Date. Structuring Fee Amount: Party B, in consideration for Party A structuring this Transaction, will pay Party A a structuring fee equal to 65 basis points of the Equity Notional Amount on the Structuring Fee Payment Date. EQUITY AMOUNTS PAYABLE: Equity Amount Payer: Party B Equity Amount Receiver: Party A Number of Shares: 9,500,000 Equity Notional Amount: Initial Price x Number of Shares Equity Notional Reset: Inapplicable
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Related to Clearance Systems

  • 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 Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • Relevant Electric Retail Regulatory Authority means an entity that has jurisdiction over and establishes prices and policies for competition for providers of retail electric service to end- customers, such as the city council for a municipal utility, the governing board of a cooperative utility, the state public utility commission or any other such entity.

  • Health Authority means the regional health board designated under the Health Authority Act, RSBC 1996, c.180, or the Provincial Health Services Authority, to which the Participant is designated under Section 5.4 of this Contract, unless designated otherwise by the Province;

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • Sewage system means the entire sewage treatment and subsurface disposal system;

  • Applicable Insurance Regulatory Authority means the insurance department or similar insurance regulatory or administrative authority or agency of the jurisdiction in which the Company is domiciled.

  • Sewerage system means pipelines or conduits, pumping stations, and force mains, and all other

  • State Systems means the information technology infrastructure, including the computers, software, databases, electronic systems (including database management systems) and networks, of the State or any of its designees.

  • Health system means: (A) A parent corporation of one or more hospitals and any entity affiliated with such parent corporation through ownership, governance, membership or other means, or (B) a hospital and any entity affiliated with such hospital through ownership, governance, membership or other means;

  • Health-related services means the same as in A.R.S. § 36-401.

  • Clearance means national security clearance and employment checks undertaken by and/or obtained from the Defence Vetting Agency;

  • International air transportation means transportation by air between a place in the United States and a place outside the United States or between two places both of which are outside the United States.

  • Public health authority means an agency or authority of the United States, a state, a territory, a political subdivision of a state or territory, an Indian tribe, or a foreign government, or a person or entity acting under a grant of authority from or contract with such public agency, including the employees or agents of such public agency or its contractors or persons or entities to whom it has granted authority, that is responsible for public health matters as part of its official mandate.

  • Transportation Services means travel assistance given to an individual

  • Utility Services means physical plant including but not limited to pipes, valves, conduits, cables, terminals, transformers, etc. owned and operated by communications, television, hydro, gas and oil companies or any other utility companies.

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Medical clearance means a physician or other health care

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Civil Service Commission means the commission required under Section 5 of Article XI of the Michigan Constitution of 1963.

  • Community services means any type of counseling and advice, emergency assistance, medical care,