Limited Recourse Final CP Payable definition

Limited Recourse Final CP Payable means, in respect of a Clearing Service Termination Event, the final net amount payable by each relevant Clearing Participant or Clearing Agency Participant to HKSCC, after taking into account the operation of Sections 17A.1.3(i)(a) and 17A.1.3(i)(b) of the Operational Procedures;
Sample 1Sample 2Sample 3
Limited Recourse Final CP Payable means, in respect of a Clearing Service
Sample 1

Examples of Limited Recourse Final CP Payable in a sentence

  • Each SEOCH Participant that receives a notice to pay any Limited Recourse Final CP Payable shall pay each such amount to SEOCH in full within one Business Day or within such other time period as may be specified by SEOCH.

  • Each Clearing Participant or Clearing Agency Participant that receives a notice to pay any Limited Recourse Final CP Payable shall pay each such amount to HKSCC in full within one Business Day or within such other time period as may be specified by HKSCC.

  • In the event that HKSCC does not receive any part of the Limited Recourse Final CP Payable from a Clearing Participant or Clearing Agency Participant, HKSCC shall take reasonable steps to recover such amount.

  • In the event that the Clearing House does not receive any part of the Limited Recourse Final CP Payable from an HKCC Participant, the Clearing House shall take reasonable steps to recover such amount.

  • The amount of Limited Recourse Interim CP Payable, Limited Recourse Final CP Payable and Limited Recourse CP Receivable will be debited from or credited to (as the case may be) the relevant CCMS Collateral Account of the SEOCH Participant.

  • In the event that SEOCH does not receive any part of the Limited Recourse Final CP Payable from a SEOCH Participant, SEOCH shall take reasonable steps to recover such amount.

  • Each HKCC Participant that receives a notice to pay any Limited Recourse Final CP Payable shall pay each such amount to the Clearing House in full within one Business Day or within such other time period as may be specified by the Clearing House.

  • Such SEOCH Participant shall be responsible for any costs SEOCH reasonably incurs in attempting to recover such amounts and accordingly the Limited Recourse Final CP Payable actually received from such SEOCH Participant shall be deemed to be decreased by an amount equal to such costs, unless such costs are paid by such SEOCH Participant.

  • Such HKCC Participant shall be responsible for any costs the Clearing House reasonably incurs in attempting to recover such amounts and accordingly the Limited Recourse Final CP Payable actually received from such HKCC Participant shall be deemed to be decreased by an amount equal to such costs, unless such costs are paid by such HKCC Participant.

  • OVERVIEW AbstractThis chapter provides an overview summary of the first edition of South Africa’s Covid-19 Country Report.

Related to Limited Recourse Final CP Payable

  • Limited Recourse means a letter of credit, revolving loan commitment, cash collateral account, guarantee or other credit enhancement issued by the Issuer or any of its Restricted Subsidiaries (other than a Receivables Subsidiary) in connection with the incurrence of Indebtedness by a Receivables Subsidiary under a Qualified Receivables Financing; provided that, the aggregate amount of such letter of credit reimbursement obligations and the aggregate available amount of such revolving loan commitments, cash collateral accounts, guarantees or other such credit enhancements of the Issuer and its Restricted Subsidiaries (other than a Receivables Subsidiary) shall not exceed 25% of the principal amount of such Indebtedness at any time.

  • Limited Recourse Indebtedness means Indebtedness incurred by the Parent Guarantor or any Subsidiary to finance the creation or development of a Project or proposed Project of the Parent Guarantor or such Subsidiary, provided that, as specified in the terms of such Limited Recourse Indebtedness:

  • Nonrecourse Obligation means indebtedness or other obligations substantially related to (i) the acquisition of assets not previously owned by the Company or any Restricted Subsidiary or (ii) the financing of a project involving the development or expansion of properties of the Company or any Restricted Subsidiary, as to which the obligee with respect to such indebtedness or obligation has no recourse to the Company or any Restricted Subsidiary or any assets of the Company or any Restricted Subsidiary other than the assets which were acquired with the proceeds of such transaction or the project financed with the proceeds of such transaction (and the proceeds thereof).

  • Capital Account Limitation has the meaning set forth in Section 4.05(b) hereof.

  • Nonrecourse Liability has the meaning set forth in Regulations Section 1.752-1(a)(2).

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Solar renewable energy certificate or "SREC" means a

  • Single member limited liability company means a limited liability company that has one direct member.

  • Intercompany Agreement means the agreement regarding the treatment of certain existing intercompany balances entered into on June 11, 2020 by and among ODBINV S.A. - Em Recuperação Judicial, Odebrecht S.A. - Em Recuperação Judicial and Odebrecht Engenharia e Construção S.A., as generally described and summarized in “The Restructuring – Treatment of Intercompany Claims” of the Consent Solicitation Statement.

  • Virginia venture capital account means an investment fund that has been certified by the

  • Single Family Shared-Loss Loan means a single family one-to-four owner- occupied residential mortgage loan, excluding Home Equity Loans, that is secured by a mortgage on a one-to four family residence or stock of a cooperative housing association.

  • Recourse Amount Has the meaning specified in Section 17.10 of the Participation Agreement.

  • Renewable Energy Certificate or "REC" means a certificate

  • Recourse Liabilities means the amount of liabilities owed by the Partnership (other than Nonrecourse Liabilities and liabilities to which Partner Nonrecourse Deductions are attributable in accordance with Section 1.704-(2)(i) of the Regulations).

  • Nonrecourse Liabilities has the meaning set forth in Section 1.704-2(b)(3) of the Regulations.

  • Non-Lead Securitization Note means any Note other than the Lead Securitization Note.

  • Limited Liability Company Agreement means the Amended and Restated Limited Liability Company Agreement of the Depositor, dated as of March 1, 2001, executed by Ford Credit, as sole member; or the Limited Liability Company Agreement of Ford Credit, dated as of April 30, 2007 and effective on May 1, 2007, as the context requires.

  • Shared Loss Loan means a Single Family Shared-Loss Loan, Investor-Owned Residential Loan, Restructured Loan or Home Equity Loan, and any Commitment with respect to those loans.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Permitted Lock-Up Agreement means an agreement between a Person and one or more holders of Voting Shares pursuant to which such holders (each a “Locked-Up Person”) agree to deposit or tender Voting Shares to a Take-Over Bid (the “Lock-Up Bid”) made or to be made by such Person or any of such Person’s Affiliates or Associates or any other Person with which such Person is acting jointly or in concert, provided that:

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;