FPS Facilities definition

FPS Facilities means all premises, personnel, machinery, equipment, facilities, software, operational and processing systems, computer systems including FPS, arrangements and procedures for or in relation to the FPS services provided by HKICL in accordance with these FPS Rules and the FPS Operating Procedures.
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FPS Facilities means all premises, personnel, machinery, equipment, facilities, software, operational and processing systems, computer systems including HKICL FPS, arrangements and procedures for or in relation to HKICL FPS in accordance with the rules, guidelines and procedures imposed by HKICL in relation to the Faster Payment System from time to time.
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Examples of FPS Facilities in a sentence

  • HKICL receives notice in writing from MA that FPS Facilities in relation to the Participant are to be refused.

  • In a case to which Rule 5.1 or 5.2 applies, FPS Facilities shall only be restored to the Participant in question upon receipt by HKICL of a notice in writing to such effect from MA.

  • HKICL shall keep confidential all information received from or collected on behalf of Participants in connection with the Clearing House and/or the FPS Facilities and shall, except as otherwise required by law or pursuant to these FPS Rules and/or the FPS Operating Procedures, disclose the same only to those of its staff who require the information for the purpose of providing, managing and operating the Clearing House and/or the FPS Facilities, or to MA.

  • A Participant may withdraw from participation in FPS by giving 90 days’ prior written notice to HKICL and by paying the accrued fees and other payments, if any, due by it to HKICL in relation to the Clearing House and/or the FPS Facilities up to the date of withdrawal.

  • The exercise of such skill, care and responsibility shall constitute a full and complete discharge of the obligations and duties of HKICL to Participants and other persons in respect of and concerning the Clearing House and/or the FPS Facilities under these FPS Rules and the FPS Operating Procedures.

  • All software, data, specifications and similar intellectual property comprised within FPS Facilities are owned by, or licensed to, HKICL and may not be copied, downloaded, distributed or published in any way without the prior written consent of HKICL.

  • Each Participant shall be entitled to the use of all or part of the FPS Facilities subject to the provisions of these FPS Rules, the Conditions and any agreement between that Participant and MA.

  • If it appears that part or all of the FPS Facilities are inoperable, HKICL may at any time after consultation with MA, declare by notice in writing to all Participants, that all or part of the FPS Facilities will be suspended and shall provide information as to which (if any) of the FPS Facilities will be available.

  • The Clearing House for the operation of FPS through FPS Facilities shall be located at such place in Hong Kong as shall be notified from time to time by HKICL to the Participants.

  • Notwithstanding any provisions in these FPS Rules but without prejudice to HKICL’s obligations in respect of the management and operation of the Clearing House and/or the FPS Facilities, HKICL and MA shall be under no liability whatsoever for any FPS settlement obligations of or between Participants.

Related to FPS Facilities

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Project Facilities means the facilities, equipment and vehicles provided under the Project;

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Facilities means any real property, leaseholds, or other interests currently or formerly owned or operated by the Company and any buildings, plants, structures, or equipment (including motor vehicles, tank cars, and rolling stock) currently or formerly owned or operated by the Company.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.