Gridlock definition

Gridlock means a situation that happens with transfers of funds or securities, in which non-execution of a payment order (due to insufficient funds), prevents a number of other payments, ordered by other participants on system;
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Gridlock means a situation which can arise in the LankaSettle System in which the failure of execution of any Instruction of a Participant (due to unavailability of sufficient funds or securities in the respective Account) that prevents execution of any other Instruction of a Participant or participants or the same participant.
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Examples of Gridlock in a sentence

  • Except in the case of a Test Draw, the Company will only use the proceeds of the Advances to provide temporary liquidity in circumstances where CME is entitled to use the Security Deposits and Performance Bonds of its Clearing Members to satisfy any outstanding obligations of any defaulting Clearing Members to CME as provided in the CME Rules and in circumstances where a Money Gridlock Situation that affects the Company’s operations exists.

  • Film credits include: The Flag (Treasure); Gridlock (Failsafe); Out of Innocence (Defiant); Pursuit (An Pointe); The Break (▇▇▇▇▇▇▇’▇ Deathpark); Priest (Magna); and Batman Begins (Warner Bros).

  • The Company will only use the proceeds of the Advances to provide temporary liquidity in circumstances where CME is entitled to use the Security Deposits of its Clearing Members as provided in the CME Rules and in circumstances where a Money Gridlock Situation exists.

  • A “Holiday Construction Embargo” will be in effect on Gridlock Alert Days from mid - November (the exact dates will be published each year in the New York City Department of Transportation’s OCMC yearly Holiday Embargo release) to January 2nd.

  • I can tell you what the Providence Journal said: Energy Gridlock.

  • GTCR GRIDLOCK HOLDINGS (CAYMAN), L.P. By: GTCR Gridlock Partners, Ltd.

  • Reference is hereby made to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of August 2, 2011, by and among GTCR Gridlock Holdings (Cayman), L.P., a Cayman Islands exempted limited partnership (“Parent”), GTCR Gridlock Holdings, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“U.S. Parent”), GTCR Gridlock Acquisition Sub., Inc., a Nevada corporation and a wholly-owned subsidiary of U.S. Parent (the “Purchaser”), and the Company.

  • Transportation Research Board, 1994, Curbing Gridlock: Peak-Period Fees to Relieve Traffic Congestion, Special Report 242, National Research Council, National Academy Press, Washington, DC.

  • Debt Financing: In addition to the capital contribution, the GTCR Funds will commit to lend up to $60 million to GTCR Gridlock Holdings, Inc., an indirect wholly-owned subsidiary of Parent, as additional funding for the Acquisition (the “Debt Financing”).

  • Mille grazie! οὐ γὰρ ἔχομεν ὧδε μένουσαν πόλιν, ἀλλὰ τὴν μέλλουσαν ἐπιζητοῦμεν Interrogating Disengagement: Liturgy and Ethics in the Gridlock of Parerga 70 1.