Payment Exchange definition

Payment Exchange means the process of facilitating payments among customers to settle net settlement obligations using N$M;
View Source
Payment Exchange means the process described in Rule 8 of making final and irrevocable payment between CDS and Participants of the Funds Account balances for each currency.
View Source

Examples of Payment Exchange in a sentence

  • The following sections will survive expiration or termination of this Agreement and will remain in full force and effect: 10 (Confidentiality and Publication), 12.7 (Reports; Payment of Royalty), 12.8 (Audits), 12.9 (Payment Exchange Rates), 12.10 (Blocked Payments), 12.12 (Taxes), 14 (Indemnification; Limitation of Liability; Insurance) 15.1 (Inventorship; Ownership), 15.3 (Product Specific Patent Rights), 15.8 (Common Interest), 16 (Term and Termination; Remedies) and 17 (Miscellaneous).

  • Reports: Payment of Royalty: Payment Exchange Rate and Currency Conversions.

  • The undersigned ▇▇▇▇▇▇ agrees that all entries initiated hereunder are to be governed in all respects by the operating rules of the National Automated Clearing House Association as amended by the rules of the Mid-America Payment Exchange, as now or hereafter in effect, and agrees to be bound thereby.

  • The securing against a decrease in the Foreign Currency Exchange Rate where the Payment Exchange Rate is less than the Basic Exchange Rate is to be provided for in the aforesaid Initial Offer Report.

  • In the event that the Payment Exchange Rate is not the Quoted Rate, upon provision of such Quoted Rate by the Vietcombank the Dong payment shall be recalculated using the Quoted Rate.

  • Indemnity Shares" shall mean, for any Indemnity Payment, that number of Escrowed Amcast Shares equal to: (a) the relevant Indemnity Payment converted to United States Dollars at the applicable Share Payment Exchange Rate; divided by (b) the Amcast Share Payment Price.

  • By way of example only, if Thera receives [Redacted: Amount] CAD in Net Sales of the Licensed Donidalorsen Product during a given Financial Year in the Thera Territory after December 31, 2027, then Thera would owe Ionis a royalty of [Redacted: Royalty Calculation] (as converted into U.S. Dollars in accordance with Section 9.10 (Method of Payment; Exchange Rate)).

  • In addition, notwithstanding anything to the contrary, nothing in this Section 2 shall preclude or restrict Envoy from continuing to provide patient access to patient statements electronically through third party websites (that are not competitive to WebMD) for viewing and payment as currently conducted pursuant to ExpressBill’s existing relationships with Internet Payment Exchange, Inc.

  • Office for Payment, Exchange and Registration................................41 7.20.

  • The amount of the payments to be made at the Closing in Brazil and Colombia and pursuant to Section 3.6(c) shall be first determined in U.S. dollars and then converted into local currency using the Payment Exchange Rate on the Business Day preceding the Closing Date.

Related to Payment Exchange

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.

  • Relevant Exchangei means the respective Relevant Exchangei as specified in § 2 of the Product and Underlying Data.

  • Direct Exchange has the meaning set forth in Section 11.03(a).

  • Interest exchange means a transaction authorized by title 29, chapter 6, article 3.

  • Recognised Investment Exchange means a recognised investment exchange as defined by section 285 of the Financial Services and Markets ▇▇▇ ▇▇▇▇;