Receiving Member definition

Receiving Member shall have the meaning set forth in Section 10.4(b).
Receiving Member means in respect of an account transfer the Member to which the account of the client is to be transferred.
Receiving Member means a Member which will be receiving a payment in a Bulk Clearing Settlement Run.

Examples of Receiving Member in a sentence

  • Receiving Member shall pay for services received from appropriation items or accounts of the Receiving Member from which like expenditures would normally be paid, based upon special vouchers drawn by the Receiving Member, or through electronic transactions, payable to Performing Member.

  • The Members agree that, in addition to all other remedies available at law or in equity, the Disclosing Member shall be entitled to specific performance of this Exhibit F or injunctive relief to enjoin any actual, continued, or threatened breach of this Exhibit F by the Receiving Member, without the necessity of posting bond therefore.

  • Upon termination of the Agreement, or at any time at the Disclosing Member's request, the Receiving Member agrees to deliver promptly to the Disclosing Member all PROPRIETARY INFORMATION and all copies thereof which are in the Receiving Member's possession or control and which belong to the Disclosing Member.

  • The Members hereby acknowledge and agree that the covenants set forth in this Exhibit F are necessary for the protection of each Member's legitimate business interests; that irreparable injury will result to the Disclosing Member if the Receiving Member breaches any of the terms of this Exhibit F; and that monetary damages may not be an adequate remedy for the Disclosing Member for any breach or threatened breach or anticipated breach of this Exhibit F by the Receiving Member.

  • With respect to the Disclosing Member's PROPRIETARY INFORMATION, the Receiving Member shall protect such PROPRIETARY INFORMATION from unauthorized use or unauthorized or accidental disclosure by the exercise of the same degree of care as it employs to protect its own information of a like nature, but not less than reasonable care.


More Definitions of Receiving Member

Receiving Member means a Member which receives a credit transfer (other than credit transfers in respect of Articles) which has been effected through CHATS.
Receiving Member shall have the meaning set forth in Section 2.4(c).
Receiving Member means a clearing member who has to receive or has received documents in fulfillment of contracts to which these Rules, Bye Laws and Regulations apply unless the context indicates otherwise.
Receiving Member means a Member who accepts emergency assistance in the form of personnel from another Responding Member, pursuant to the terms of the AGREEMENT and this ADDENDUM.
Receiving Member shall have the meaning set forth in Section 12.2(a) of this Agreement. 1.98 Regulations. “Regulations” shall mean the Treasury Regulations promulgated pursuant to the Code. 1.99
Receiving Member means a Direct Participant which will be receiving a payment in a Bulk Clearing Settlement Run.
Receiving Member the meaning set forth in Exhibit G.