Clearing Service definition

Clearing Service means each of:
Clearing Service means a third party service provider engaged by us to process and transfer the applicable payments or data being the Employee Payments Clearing Service, the STP Data Clearing Service or the Superannuation Contributions Clearing Service, as applicable to the particular Product.
Clearing Service means any clearing service, including an Agreed CCP Service; "Client Money" means all cash held by the Firm pursuant to the Client Money Rules;

Examples of Clearing Service in a sentence

  • The SERVICE PROVIDER shall accept payment electronically via the Banks Automated Clearing Service (BACS).

  • You may also authorise the Bank through the Electronic Clearing Service (ECS) / Pay Online using other Bank Account introduced by the Reserve Bank of India to directly debit the account maintained with the Bank or any other bank and credit your Card Account.

  • You have the right to withdraw the ECS /Auto Debit mandate by giving Us at least 15 days’ notice before the due date of next premium due under the Policy The term ECS / Auto Debit herein shall be governed by the Electronic Clearing Service (Debit) Procedural Guidelines issued by the Reserve Bank of India (as may be amended from time to time) and shall mean an electronic facility for effecting periodic insurance premium payment transactions in an automated manner.

  • The Borrower shall execute requisite mandate for registering Standing Instructions/ National Automated Clearing House Instructions (“NACH”)/ Electronic Clearing Service Instructions (“ECS”)/ Standing Instructions (“SI”), in this regard.

  • You consent to us providing information we receive from you to the STP Data Clearing Service as necessary for the purposes of this Agreement and to the STP Data Clearing Service using that information for those purposes.

  • PEMIs and EMIs may be repaid through post dated cheques (PDCs), Electronic Transfer (NEFT) or the Clearing Service (ECS/ACH) method.

  • The Bank may, at its discretion, permit payment through National Automated Clearing House Instructions (“NACH”) or Electronic Clearing Service Instructions (“ECS”) or Standing Instructions (“SI”) linked to the Borrower’s account with the Bank or through any other mode.

  • In the event of a market loss, you specifically authorize Clearing Service to charge your account to recover any market loss it incurs due to a cancellation.

  • The Lender may, at its discretion, permit payment through National Automated Clearing House Instructions ("NACH") or Electronic Clearing Service Instructions ("ECS") or Standing Instructions ("SI") linked to the Borrower's account with the Lender or through any other mode.

  • The Client agrees to transfer to the Firm on demand (and no later than any deadline specified by the Firm) such amounts by way of margin as are required from time to time under the Rules applicable to any Clearing Service (or any relevant Infrastructure) or as the Firm may require.


More Definitions of Clearing Service

Clearing Service means the clearing service established under the Securities (Central Depository, Clearing and Settlement) Act 1996;
Clearing Service means the clearing of Domestic Mail and International Mail from the Postal Box once on a designated Business Day during the Term.
Clearing Service means a third-party service provider engaged by us to process and transfer the superannuation contributions of the employees to their nominated superannuation accounts.
Clearing Service means any of the clearing services made available by LCH. “Collateral” means cash and Financial Instruments.
Clearing Service. , in relation to an FHC, means one or more of the following: