GTRS Payment Instruction definition

GTRS Payment Instruction means a payment instruction effected through CHATS as of the Working Day on which a relevant GTRS is operational and the instruction is received by the Clearing House Computer for payment against the transfer of securities held in a GTRS.
Sample 1Sample 2Sample 3
GTRS Payment Instruction means a payment instruction input by a Member or by CB and effected through CHATS as of the day of CHATS Commencement on the Working Day on which a relevant GTRS is operational and the instruction is received by the Clearing House Computer for payment against the transfer of securities held in a GTRS.
Sample 1Sample 2Sample 3

Examples of GTRS Payment Instruction in a sentence

  • In this event, the GTRS Payment Instruction will be re-designated “Pending for Hold Funds” and will again be put in the Normal Queue at the next GTRS Window Open, until the last GTRS Preliminary Window Close of that Working Day.

  • As from a GTRS Window Open until the following GTRS Preliminary Window Close, a GTRS Payment Instruction which has been validated by CHATS and the relevant GTRS will be described as “ Pending for Hold Funds” and will be put in the Normal Queue.

  • If the available balance in the Sending Member’s Designated Settlement Account is sufficient to settle the GTRS Payment Instruction when it is first in priority in the Normal Queue, a hold up to the transaction amount will thereupon be applied to the Sending Member’s Designated Settlement Account.

  • For the avoidance of doubt, a GTRS Payment Instruction in relation to which funds are held under Rule 6.3.13.2 may not be cancelled or re-sequenced.

  • If the available balance in the Sender’s CHATS Ledger Account is sufficient to settle the GTRS Payment Instruction when it is first in priority in the Normal Queue, a hold up to the transaction amount will thereupon be applied to the Sender’s CHATS Ledger Account.

  • A GTRS Payment Instruction may be input only by a Member or CB at any time on a Working Day and shall be for a funds transfer through CHATS for value as of that Working Day.

  • For the avoidance of doubt, a GTRS Payment Instruction in relation to which funds are held under Rule 6.3.9.2 may not be cancelled or re-sequenced.

  • Save as provided for in the Operating Procedures in relation to the CMU Optimiser Run, the Member or CB may cancel and re-sequence a GTRS Payment Instruction “Pending for Hold Funds” or transfer such instructions from the Normal Queue to the Pending Queue or vice versa, via MBT.

  • So far as the members of the staff are concerned, it shall not be the obligation of the factory owners to retain them, in view of the interim order passed by this Court on 19-7-1988.

  • Save as provided for in the Operating Procedures in relation to the CMU Optimiser Run, the Member may cancel and re-sequence a GTRS Payment Instruction “Pending for Hold Funds” or transfer such instructions from the Normal Queue to the Pending Queue or vice versa, via MBT.

Related to GTRS Payment Instruction

  • Irrevocable Transfer Agent Instructions means, with respect to the Company, the Irrevocable Transfer Agent Instructions, in the form of Exhibit E, executed by the Company and delivered to and acknowledged in writing by the Transfer Agent.

  • Assessment instrument means the form provided for under the Supported Wage System that records the assessment of the productive capacity of the person to be employed under the Supported Wage System.

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Settlement Notice has the meaning specified in Section 14.02(a)(iii).

  • Payment Notice has the meaning assigned to it in Section 8.06(c).