DVP definition

DVP shall have the meaning ascribed to such term in Section 2.1.
DVP means delivery-versus-payment;
DVP means delivery-versus-payment; “eApps” means the Singapore Government Securities Electronic Applications, an internet-based platform for information transmission relating to SGSMB transactions and SGSMB transactions between MAS and Primary Dealers, found at the internet website xxxx://xxx.xxx.xxx.xx; “end of a business day” means the time of a business day when the host system ceases processing Transactions for value on that day, including any extension of time for the processing of Transactions on that day which the Service Provider may grant under these Rules;

Examples of DVP in a sentence

  • Unless otherwise directed by the Placement Agent, settlement of the Shares shall occur via DVP.


More Definitions of DVP

DVP means the method of transferring DS known as “delivery versus payment” (the delivery of DS with a corresponding transfer of money);
DVP means delivery versus payment through DTC (i.e., the Company shall deliver Investor Shares registered in the Investor’s name and address as set forth below and released by American Stock Transfer Corporation, the Company’s transfer agent (the “Transfer Agent”), to the Investor at the Closing directly to the account(s) at Security Research Associates, Inc. through DTC and simultaneously therewith payment shall be made from such account(s) by Security Research Associates, Inc. to the Company). If you do not have an existing account at Security Research Associates for settlement by DVP, we will need the following information to be faxed to us along with your signature page to this agreement. Please fax your clearing information to Security Research Associates at (000) 000-0000 (or as a back up 415-925-0264) to establish an account with our clearing broker Wedbush Xxxxxx Securities. Below is what we will need to open your account. A “New Account form” is attached in Exhibit B for your convenience: · The exact registration name of the account · Tax ID or Social Security number of registered holder · Investor’s Clearing firm Prime Broker and contact information (contact name, phone number, email address) · Internal Account number at Prime Broker · Institutional and Agent ID
DVP or “Delivery versus Payment” means the settlement of a Trade Leg relating to a Security by way of simultaneous delivery of Securities and payment of cash or by way of simultaneous receipt of Securities and payment of cash (RVP or Receipt versus Payment), as the case may be;
DVP shall have the meaning ascribed to such term in Section 2.1(v). “Evaluation Date” shall have the meaning ascribed to such term in Section 3.1(r).
DVP means a settlement procedure in which the buyer and the seller of a security agree that the seller will pay the buyer upon the security’s delivery to the seller;
DVP means Delivery versus Payment – an internationally recognised method of settling securities Transactions designed to minimise the financial risk of settlement.