ECPB definition

ECPB means an Electronic Conveyancing Participating Bank and is a category of Payment Provider being an entity which satisfies the criteria under Regulation 27 and has been approved by Austraclear as an ECPB for the purpose of participating in the EC Settlement Facility.
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Examples of ECPB in a sentence

  • If Licensee has (a) actual Notice of New Circumstances, or (b) actual knowledge of New Circumstances (the occurrence of (a) or (b) hereinafter referred to as “Notice”), then within eighteen months after Notice Licensee shall cease distribution of such Licensed Product and shall only distribute Licensed Products that are compliant with this Exhibit ECP_B in view of the then-current circumstances.

  • The Robustness Checklist for ECP Devices is intended as an aid to the correct implementation of the ECP Robustness Rules (Exhibit ECP_B) for implementations of the Applicable Specifications in a Licensed Product.

  • Inasmuch as the Robustness Checklist for ECP Devices does not address all elements required for the manufacture of a compliant product, Licensee is strongly advised to carefully review the Specifications, the Agreement, the ECP Compliance Rules and this Exhibit ECP_B so as to evaluate thoroughly the compliance of its Licensed Products.

  • A Robustness Checklist for ECP Devices is attached as Exhibit ECP_G for the purpose of assisting Licensee in performing tests covering certain important aspects of this Exhibit ECP_B.

  • The terms of this Exhibit ECP_B do not apply with respect to Prototypes or Licensed Components.

  • Although an implementation of a Licensed Product when designed and shipped may meet the above standards, subsequent circumstances may arise which, had they existed at the time of design of a particular Licensed Product, would have caused such product to fail to comply with this Exhibit ECP_B (“New Circumstances”).

  • The terms of this Exhibit ECP_B apply to ECP Host devices and ECP CICAM devices.

  • Licensed CICAM Products shall comply with the requirements set forth in this Exhibit and Exhibit D and be constructed so as to resist attempts at circumvention of these requirements as specified in Exhibit ECP_B.