Direct Member Participants definition

Direct Member Participants means the Direct Principal Member Participants, the Direct Agent Member Participants and any person who has agreed in writing with BondEvalue to be a direct member participant;
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Examples of Direct Member Participants in a sentence

  • BondEvalue may pay such fees to any Direct Member Participants as agreed between BondEvalue and such Direct Member Participant.

  • Upon the occurrence of any event permitting the exercise of any option by a holder of the Underlying Bonds (the “Underlying Bond Put Option”), BondEvalue shall convene a meeting of, or seek instructions from, the Direct Member Participants to consider whether BondEvalue should exercise any such Underlying Bond Put Option.

  • BondEvalue may at its discretion agree with Direct Member Participants that certain Member Participant Clients may be recorded as the registered owner of the BondbloX and, for the purposes of ownership of the relevant BondbloX, such Member Participant Clients will be recorded in the Debentures Register as holders for the time being of BondbloX.

  • BondEvalue shall carry out and implement itself (and shall procure carrying out and implementation through the Direct Member Participants or Member Participants Clients, where required) appropriate measures, checks and related actions that each Banker and Designated Custodian considers necessary to ensure compliance with any legal and regulatory obligations applicable to such Banker, Designated Custodian, BondEvalue and the Direct Member Participants (“ Appropriate Measures”).

  • For the avoidance of doubt, in acting as such under the Deed Poll, BondEvalue shall have only those duties, obligations and responsibilities expressly specified in the Deed Poll and the Conditions and, other than holding the Deposited Bonds (or other securities) and Cash as bare trustee as aforesaid, does not assume any relationship of trust for or with the Direct Member Participants, the Member Participant Clients or any other person.

  • The identification details, House Account Holdings and Client Account Holdings of the Direct Member Participants (and anyone else agreed in writing to be a registered holder of BondbloX pursuant to Rule 10.8) on the Master Ledger comprise the “ Debentures Register” of the BondbloX for the purposes of the Companies Act.

  • Direct Member Participants shall represent their respective Member Participant Clients (as defined in the Rulebook) which have a beneficial interest in the BondbloX held by such Direct Member Participants.BondEvalue shall follow the instructions from Direct Member Participants holding or representing a clear majority in principal amount of the BondbloX for the time being outstanding.Each Direct Member Participant has one vote in respect of each integral unit of the BondbloX held or represented by it.

  • At least five days’ notice of such meeting shall be given to the Direct Member Participants and Direct Member Participants shall bear all costs and expenses relating to such meeting.

  • Any such fees shall be notified to Holders and/or Member Participants 30 business days prior to such feesbeing leviedDirect Member Participant FeesDirect Member Participants may charge their Member Participant Clients fees and charges as agreed between such Direct Member Participants and Member Participant ClientsDirect Member ParticipantsAs agreed between the parties.

  • Direct Member Participants shall represent their respective Member Participant Clients (as defined in the Rulebook) which have a beneficial interest in the BondbloX held by such Direct Member Participants.BondEvalue shall follow the instructions from the Direct Member Participants holding or representing a clear majority in principal amount of the BondbloX for the time being outstanding.Each Direct Member Participant has one vote in respect of each integral unit of the BondbloX held or represented by it.

Related to Direct Member Participants

  • Subject Member has the meaning set forth in Section 4.1(d).

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Management Members shall have the meaning set forth in the introductory paragraph of this Agreement.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Management Member means any Member that is an employee of the Company or any of its Subsidiaries.

  • Book Entry Participants means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Participants is defined in Section 12.2.1.

  • Bargaining Unit Member or “employee” means a University employee who is included in the bargaining unit as defined in Article 2: “Recognition and Scope”.

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Study Participant means a person recruited to participate in the Study.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Participant has the meaning specified in Section 10.06(d).

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Direct Participants means each person shown in the records of the Clearing Systems as a holder of the Securities;

  • Agent Members has the meaning provided in Section 2.07(a).

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.