Multilateral Netting definition

Multilateral Netting means an agreement among three or more members to net their obligations through a process of novation or otherwise by Clearing Corporation.
Sample 1Sample 2Sample 3
Multilateral Netting means an arrangement among three or more parties to net their obligations;
Sample 1Sample 2Sample 3
Multilateral Netting means an arrangement among all parties in a system to net their obligations;
Sample 1Sample 2Sample 3

Examples of Multilateral Netting in a sentence

  • Settlement of Trade may be on a Multilateral Netting basis or Gross Basis or Trade for Trade basis or any other basis including through the process of close-out of trades as may be decided by Clearing Corporation on its own or as directed by the Regulator from time to time.

  • Rule 3: Continuous Net Settlement Rule 3.1 Daily Multilateral Netting CCCS operates under continuous net settlement system and as such daily multilateral netting occurs upon receipt of the Trades from the Exchange.

  • The payment date is set forth in the Line Item Detail of this contract, or if not stated, shall be the date established by Buyer’s Multilateral Netting System (MNS-2), which provides, on average, that payment shall be made on the second day of the second month following, in the case of the Buyer’s North American facilities, Seller’s shipment date of goods or date of services, and, for all of Buyer’s other locations, Buyer’s receipt date of the goods or date of services.

  • International Working Capital Management – International Cash Management – Decentralised Vs Centralised Cash Management – Bilateral Vs Multilateral Netting – Central Cash Pool Case Discussion: Belco Global foods Chapters – 18 and 19 of the Text Book Objectives:II.23 ISSUES IN EMPIRICAL FINANCE[3 Credits]This course will cover some applied issues in Finance.

  • The clearing member remains responsible for fulfilling deli- very obligations regardless of whether other participants have fulfilled theirs.For detailed information, please see Clearinghouse Multilateral Netting and Settlement proce- dures, availabe at http://www.bmfbovespa.com.br/en_us/regulation/regulations-and-manuals/ - Post-trade, B3 Clearinghouse Operating Procedures Manual.

  • For detailed information, please see Clearinghouse Multilateral Netting and Settlement proce- dures, availabe at http://www.bmfbovespa.com.br/en_us/regulation/regulations-and-manuals/ - Post-trade, B3 Clearinghouse Operating Procedures Manual.

  • By submitting an Adherence Letter, each Adhering Party acknowledges and agrees that the termination of transactions and the Multilateral Netting arrangement conducted in accordance with the Unwind Guidelines shall become effective and binding on each Adhering Party which is a Participating FI with respect to the relevant Early Unwind.

  • Cross-Margining or Other Loss Sharing Arrangements of FICC: Agreement With or Without Priority Over this Agreement After Guaranty Payment is Made DTC/FICC/NSCC/OCC Multilateral Netting Contract and Limited Cross Guaranty Agreement dated January 1, 2003.

  • If no payment term appears on the Order, the RFQ Documents, or in a Prior Agreement, Buyer will pay Seller for the Supplies on the date established by Buyer's Multilateral Netting System (MNS2) which provides, on average, that payment shall be made Net 60 of Buyer's receipt of Supplies at Buyer's designated facility or, in the case of services, Buyer's receipt of Seller's invoice following completion of the services.

  • The prices paid by the Issuer for the Initial Portfolio Assets acquired pursuant to the Forward Sale Agreements and the Multilateral Netting Agreements will be the respective prices set forth therein; provided that if, on the Issue Date, the weighted average of such prices (as set forth in the Forward Sale Agreements) exceeds by 4.0 per cent.


More Definitions of Multilateral Netting

Multilateral Netting means the , the conduct of a multilateral netting process with respect to all sums owed to all relevant Participating FIs so as to minimize the amount of each payment and the number of payments.
Sample 1Sample 2
Multilateral Netting means a netting arrangement that has more than two parties;
Sample 1
Multilateral Netting means an arrangement among three or more parties to net th “obligation” means a duty imposed by contract or law. Such an obligation may aris
Sample 1

Related to Multilateral Netting

  • Multilateral System means the Multilateral System established under Article 10.2 of the Treaty.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01(e).

  • multilateral trading facility (MTF means a multilateral system in the Union within the meaning of Article 2(1)(6) of Regulation[MiFIR].

  • multilateral trading facility or ‘MTF’ means a multilateral system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments – in the system and in accordance with non-discretionary rules – in a way that results in a contract in accordance with Title II of this Directive;

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • Interconnection Regulations means the Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) Regulations, 2017 (as amended).

  • netting means the conversion into one net claim or one net obligation of claims and obligations resulting from transfer orders which a participant or participants either issue to, or receive from, one or more other participants with the result that only a net claim can be demanded or a net obligation be owed;

  • Emergency procurement means an acquisition resulting from an emergency need.

  • EU Securitization Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of December 12, 2017.

  • Cash Management Order means an order of the Bankruptcy Court, in form and substance acceptable to the Required Lenders, (i) approving and authorizing the Loan Parties to use existing cash management system, (ii) authorizing and directing banks and financial institutions to honor and process checks and transfers, (iii) authorizing continued use of intercompany transactions, (iv) waiving requirements of Section 345(b) of the Bankruptcy Code and (v) authorizing the Loan Parties to use existing bank accounts and existing business forms.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Service and support administrator means a person, regardless of title, employed by or under contract with a county board to perform the functions of service and support administration and who holds the appropriate certification in accordance with rule 5123:2-5-02 of the Administrative Code.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

  • Cash Management Document means any certificate, agreement or other document executed by any Loan Party in respect of the Cash Management Obligations of any Loan Party.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Council of governments means a decision-making body in each county composed of membership including the county governing body and the mayors of each municipality in the county.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • energy management system means a set of interrelated or interacting elements of a plan which sets an energy efficiency objective and a strategy to achieve that objective;

  • Safety Management System means a systematic approach to managing safety, including the necessary organizational structures, accountabilities, policies and procedures;

  • ITAR means the International Traffic in Arms Regulations.

  • Foreign Asset Control Regulations has the meaning set forth in Section 10.18.

  • Cash Management Reserves means such reserves as the Agent, from time to time, determines in its Permitted Discretion as being appropriate to reflect the reasonably anticipated liabilities and obligations of the Loan Parties with respect to Cash Management Services then provided or outstanding.