EC system definition

EC system means a payment or securities settlement system located in a Member State. An EC system shall be deemed to be located in the Member State where the settlement or book entry takes place;
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EC system means a system located in a Member State. A system shall be deemed to be located in the Member State the law of which has been chosen by the institutions which participate directly in that system. In the absence of choice, the system shall be deemed to be located in the Member State where the settlement takes place;
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Examples of EC system in a sentence

  • Management will publicize the employee assistance program on official bulle- tin boards, in orientation of new employees, and in employee assistance program updates in electronic communications (EC) system.

  • Management will publicize the employee assistance program on official bulletin boards, in orientation of new employees, and in employee assistance program updates in electronic communications (EC) system.

  • The Contractor shall provide documentation on how the Contractor will prevent counterfeit components from entering the EC system.

  • The EC system shall be scanned for vulnerabilities using the most recently released signatures.

  • The Contractor shall require their subcontractors to implement supply chain protections to ensure EC system components are not infected with malicious code.

  • A critical failure shall be considered as any component or system failure that would cause an unscheduled loss of capability of the EC system.

  • The EC system shall remediated for any vulnerabilities discovered during scanning before delivery.

  • No. NIAAA 01638 MODEL ADOPTED June 18, 2009 An additional target that is becoming increasingly relevant in the modulation of fibrotic responses is the endocannabinoid (EC) system.

  • The Contractor shall require their subcontractors to implement supply chain protections to ensure EC system components are not compromised.

  • The EC argued that the following claims either were not properly raised in consultation and conciliation, or were not covered by the terms of reference: the method of calculation of the constructed normal value, Japan's complaint concerning the EC system for refunds, the methodology used to establish price undercutting, the effect of price increases, and the claim that in determining that injury was caused by Japanese imports the EC had failed to take account of certain factors.

Related to EC system

  • ▇▇▇▇▇ System means the ▇▇▇▇▇ filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • SDX System means the system used by NERC to exchange system data.

  • Public System means the telecommunications system run by a public telecommunications operator or internet service provider which may be accessed by GSM Data, ISDN, IP, Mobitex (i.e., the Radio Packet Data Network), analogue line or other transmission type.

  • Electric System means all electrical wires, equipment, and other facilities owned or provided by the utility that are used to transmit electricity to customers.

  • Electric System Upgrades means any Network Upgrades, Distribution Upgrades, Deliverability Upgrades, or Interconnection Facilities that are determined to be necessary by the CAISO or Transmission/Distribution Owner, as applicable, to physically and electrically interconnect the Project to the Transmission/Distribution Owner’s electric system for receipt of Energy at the Point of Interconnection (as defined in the CAISO Tariff) if connecting to the CAISO Grid, or the Interconnection Point, if the Transmission/Distribution Owner’s electric system is not part of the CAISO Grid.