LVTS definition

LVTS means the large value electronic money transfer system operated by the Canadian Payments Association and any successor thereto.
LVTS means the large value electronic money transfer system operated by the Canadian Payments Association and any successor thereto;
LVTS means the Large Value Transfer System;

Examples of LVTS in a sentence

  • Notwithstanding the foregoing, (a) all payments in excess of $25,000,000 (or such other amount as determined from time to time by the Canadian Payments Association) shall be made by the use of the LVTS; and (b) in the event that payment must be made to the Depository, the Corporation shall remit payment to the Trustee by LVTS.


More Definitions of LVTS

LVTS means the Large Value Transfer System.
LVTS means the system for the transfer of money administered by the Canadian Payments Association that provides final and irrevocable settlement of payment messages between members following the electronic exchange of payment message, which system may be called the Large Value Transfer System or any successor name ascribed to that system by the Canadian Payments Association.
LVTS means the system for the transfer of money administered by Payments Canada that provides final and irrevocable settlement of payment messages between members following the electronic exchange of payment message, which system may be called the
LVTS has the meaning ascribed thereto in Section 2.3(e).
LVTS means the large value electronic money transfer system operated by the Canadian Payments Association and any successor thereto. “Majority of Holders” means the Holders of a majority of the principal amount of the outstanding 2026 Notes.
LVTS means the large value electronic money transfer system operated by the Canadian Payments Association and any successor thereto. “Make-Whole Premiumwith respect to any Note on any date of prepayment, means (a) all interest payments that would be payable if such Note had been outstanding for *** after the Issue Date; minus (b) all interest payments received by the Holder of such Note prior to the relevant prepayment. “Manassas Property” means that certain real property located at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. “Maturity” means, when used with respect to a Note of any series, the date on which the principal of such Note or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by acceleration, Redemption Notice, notice of option to elect repayment or otherwise. “Maturity Account” means an account or accounts required to be established by the Issuer (and which shall be maintained by and subject to the control of the Paying Agent) for each series of Notes issued pursuant to and in accordance with this Indenture. “Notes” means the notes, debentures or other evidence of Indebtedness of the Issuer issued and authenticated hereunder, or deemed to be issued and authenticated hereunder, and includes Global Notes and for greater certainty, the Series A Second Lien Notes and the Series B Second Lien Notes. “Notes Majority” means: (a) with respect to the Second Lien Notes, the affirmative vote of, or an instrument signed in one or more counterparts by, the Holder or Holders of more than fifty percent (50%) of the aggregate principal amount of the outstanding Second Lien Notes, provided that for purposes of determining the aggregate principal amount of the outstanding Second Lien Notes, the

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