CNS System definition

CNS System means the Continuous Net Settlement clearing processes of NSCC.

CNS System means the candidate nominations system which is a secure electronic system that is used for the electronic submission of information and documents contemplated in this notice;

CNS System means the candidate nominations system, a secure online business application located on the official website, to be used for the electronic submission of the information and documents contemplated in sections 14(1A)(b) and 17(1A)(b) and accessed through a pin code allocated by the chief electoral officer on written request by a party or a person contemplated in section 16(1)(b) of the Act;”

Examples of CNS System in a sentence

• The Participant hereby represents, covenants and warrants that (i) with respect to orders for the creation or redemption of Creation Units by means of the Trusts' Clearing Process, it is a member of NSCC and a participant in the CNS System of NSCC (as defined in the Prospectus, a "Participating Party"); and (ii) with respect to orders for the creation or redemption of Creation Units outside the Trusts' Clearing Process, it is a DTC Participant (as defined in the Prospectus, a "DTC Participant").

• Trade Amendments may be made, “late” Exchange Trades may be accepted, trades not recognized by the Exchange may be excluded and the settlement obligations may be affected by unsettled positions under the CNS System in the intervening day (i.e. T+1) before the due settlement date.

• The Participant hereby represents, covenants and warrants that (i) with respect to orders for the creation or redemption of Creation Units by means of the Clearing Process, it is a member of NSCC and a participant in the CNS System of NSCC (as defined in the Prospectus, a "Participating Party"); and (ii) with respect to orders for the creation or redemption of Creation Units outside the Clearing Process, it is a DTC Participant (as defined in the Prospectus, a "DTC Participant").

• The Participant represents, covenants and warrants that it has the ability to transact through the Federal Reserve Book-Entry System and, with respect to orders for the creation or redemption of Creation Units, (i) through the CNS Clearing Process, because it is a member of NSCC and an authorized participant in the CNS System of NSCC (a “Participating Party”), and/or (ii) outside the CNS Clearing Process, because it is a DTC participant (a “DTC Participant”).

• No transfer will be made if there are insufficient funds in the designated House CCMS Collateral Account of the SEOCH Participant for this purpose or if the pending stock positions are not accepted by HKSCC for settlement under the CNS System.

More Definitions of CNS System

CNS System means the candidate nominations system, a secure electronic system, to be used for the electronic submission of the information and documents contemplated in the guideline;

CNS System means the candidate nominations system, a secure electronic system, to be used for the electronic submission of the information and documents contemplated in these Regulations;

CNS System means Continuous Net Settlement System, which is the settlement method for settling the novated contracts in CCASS.

CNS System or “Continuous Net Settlement System” has the same meaning as defined in the CCASSHKSCC Rules;

CNS System means the candidate nominations system, a secure online application located on the official website, to be used for the electronic submission of the information and documents contemplated in section 27 and accessed through a pin code allocated by the chief electoral officer on written request by a party; and

CNS System has the meaning set forth in Section 2.2.

CNS System the continuous net settlement system of NSCC.