Clearing Corporation definition

Clearing Corporation. The meaning specified in Section 8-102(a)(5) of the UCC.

Clearing Corporation means each entity included within the meaning of “clearing corporation” under Section 8-102(a)(5) of the UCC.

Clearing Corporation means as defined in section 554.8102.

Examples of Clearing Corporation in a sentence

• The share registration of those newly issued Shares was completed on 21 September 2023 at the Shanghai Branch of China Securities Depository and Clearing Corporation Limited.

• The undersigned parties each agree to comply with the National Securities Clearing Corporation rules and procedures as stated in the Standard Networking Agreement issued in the ICI Memorandum dated April 23, 1993.

• Such amounts would be returned to OCC as appropriate and in accordance with a Netting Contract and Limited Cross-Guaranty, by and among the Depository Trust Company, Fixed Income Clearing Corporation, NSCC and OCC, dated as of January 1, 2003, as amended.transaction or obligation that is covered by the agreement rather than stating that such terms have the meaning given to them as of the effective date of the agreement.

• During the reporting period, the inspection group formed by the Shanghai Stock Exchange and Shanghai branch of China Securities Depository and Clearing Corporation Limited conducted on-site inspection on the preparation works in all aspects covering the operation, clearance, technology and investor education in relation to the Company’s southbound trading business.

• As of December 31, 2023, the Company had pledged $129.2 million of customer securities directly with the Options Clearing Corporation to secure obligations and margin requirements under option contracts written by customers.

More Definitions of Clearing Corporation

Clearing Corporation. (i) Clearstream, (ii) DTC, (iii) Euroclear and (iv) any entity included within the meaning of “clearing corporation” under Section 8-102(a)(5) of the UCC.

Clearing Corporation. “Entitlement Holder”, “Financial Asset”, “Indorsement”, “Securities Account”, “Securities Intermediary”, “Security”, “Security Entitlement” and “Uncertificated Security” have the respective meanings set forth in Article 8 of the NYUCC.

Clearing Corporation means an organization through which trades in options or standardized futures are cleared and settled;

Clearing Corporation means any entity or system established for purposes of providing securities settlement and movement and associated functions for a given market.

Clearing Corporation means DTC, or any other clearing system specified in the Note Certificate(s) and their respective successors and "Clearing Corporations" means all of the foregoing.

Clearing Corporation means any "clearing corporation," as such term is defined in Article or Chapter 8 of the UCC, and in any event shall include, but not be limited to, any (a) Person that is registered as a "clearing agency" under the federal securities laws, (b) federal reserve bank, or (c) other Person that provides clearance or settlement services with respect to Financial Assets that would require it to register as a clearing agency under the federal securities laws but for an exclusion or exemption from the registration requirement, if its activities as a clearing corporation, including, without limitation, promulgation of rules, are subject to regulation by a federal or state governmental authority.

Clearing Corporation means 1 or more of the following: