FSM Participant definition

FSM Participant means an NZX Trading and Advising Firm who has been accredited for participation in the FSM under Section 22 of these Rules;
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Examples of FSM Participant in a sentence

  • No additional fees are payable in respect of an NZX Participant becoming an FSM Participant.

  • Trading Permission shall be deemed to have been granted to all NZX Trading and Advising Firms, Bank Only Participants and Principal Book Only Dealers, as the case may be, as a right of designation of that class of Market Participant, however, only an FSM Participant has Trading Permission to Trade on the FSM.

  • No additional annual fees are payable in respect of an NZX Participant having FSM Participant status.Annual fees for “Trading & Advising” participant firms accredited in either the cash market or derivatives market include one on-site or desk based inspection per year and annual compliance cost recoveries.

  • In addition, this section should reflect Project predecessors, successors and dependencies.

  • No FSM Participant may enter an Exchange Order into the Trading System if the Shareholder Balance Enquiry obtained under Rule 22.7.2 indicates that the person on whose behalf the Exchange Order is to be made will fail to comply with any maximum or minimum holding requirement as a result of the proposed transaction.

  • Rule 22.5 also prohibits FSM Participants from entering into any Trade in FSM Shares when Acting as Principal, but provides exceptions for pooling orders or for selling FSM Shares that a FSM Participant has acquired for a client, but which for any reason the FSM Participant has been unable to deliver to that client.

  • No Market Participant has Trading Permission in respect of the FSM unless accredited as an FSM Participant.

  • Rule 22.5 – General Obligations when Trading on the FSM Rule 22.5 requires an FSM Participant to perform a pre-trade check by means of a Shareholder Balance Enquiry before executing an Order in respect of the FSM Shares.

  • FSM Participants require a waiver from Rule 15.14.2 to allow any FSM Participant to hold the Custodian’s Authorisation Code without entering into a written agreement with the Custodian authorising it to do so.

  • Given the limited resources for research and development, there is greater competition in priority-setting.

Related to FSM Participant

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

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

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

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

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

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

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

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

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Other Participant means a cooperative project participant other than the United States.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.