HBUS definition

HBUS is defined in the preamble hereof.
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Examples of HBUS in a sentence

  • Trustee and HBUS, as registrar, paying agent and calculation agent (together, the “Indenture”), and pursuant to the prospectus supplement dated May 24, 2016, supplementing the prospectus dated February 25, 2016.

  • Each Participant is responsible for ensuring that the Gold it intends to transfer to the Trust in exchange for Shares is available for transfer at HBUS London as described in these Procedures.

  • Trustee ------- HBUS New York or any entity into which it may be merged or converted, or with which it may be consolidated, or any entity resulting from any merger, conversion or consolidation to which it shall be a party, or any entity succeeding to all or substantially all of its corporate trust business, or any successor Trustee designated as such by operation of law or appointed as herein provided.

  • In January 2001, HBEU approached HBUS with a proposal to clear U.S. dollar transactions for Bank Melli London (“Bank Melli”) through HBEU’s correspondent account with HBUS by utilizing Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) MT 202 cover payments that would not reference Bank Melli.

  • HBUS proposed that HBEU address these compliance concerns by only processing Bank Melli payments as serial MT 103 messages.

  • Use of the Participant Unallocated Account for transferring Gold to the Trust does not require Participants to acquire Gold from HBUS London or to maintain it with HBUS London longer than the time required to effect the Creation and Redemption transactions described in these Procedures.

  • In April 2006, HSBC Group Compliance issued a GCL prohibiting the use of cover payments to process OFAC-sensitive payments through the United States, and requiring all commercial U.S. dollar transactions sent through HBUS to be executed as fully transparent serial payment messages, with full disclosure of all originators and beneficiaries.

  • These Procedures relate only to Shares issued with respect to Gold transferred to and held in the Trust's Custody Accounts maintained in London, England by HSBC Bank USA, London Branch ("HBUS London") as custodian (in such capacity, the "Custodian").

  • In a letter drafted in April 2001, an HBEU Business Development Manager explained to Bank Melli how to send payments to HBEU in a manner that would allow HBEU to process its payments successfully through HBUS.

  • In December 2004, HBUS agreed to the proposal provided, inter alia, that all transactions would be fully transparent serial payments, and HBEU would agree not to alter any payment instructions.

Related to HBUS

  • HMO means any health maintenance organization, managed care organization, any Person doing business as a health maintenance organization or managed care organization, or any Person required to qualify or be licensed as a health maintenance organization or managed care organization under applicable federal or state law (including, without limitation, HMO Regulations).

  • Health plan or "health benefit plan" means any policy,

  • MCP means a Material Change Proposal for the Station issued on [ ];

  • RHS means the Rural Housing Service of the U.S. Department of Agriculture or any successor.

  • GMS means the automated system, or its successor system, employed by SCE real time operations to remotely monitor and dispatch the Generating Facility.