Rejection definition

Rejection means a process through which Clearing Corporation would convey the inability of itself and / or Settlement Bank and / or the CLS Bank to accede to a Member’s request for processing a Trade.

Rejection means process through which Clearing Corporation would convey its inability to accede to a Member‟s request for processing a Trade.

Rejection means a Message sent to a Sender that indicates that the Reserve Bank on whose books the Sender’s Securities Account is maintained has rejected a Message from that Sender.

Examples of Rejection in a sentence

• If instructions are not received from Seller within fifteen (15) days after notice of Rejection, Products will be returned at Seller's expense.

• Rejection or refusal to accept a notice or inability to deliver a notice because of a changed address of which no notice was given will be deemed a delivery of the notice on the date when postmarked.

• Rejection of an Individual Bid Procurement Method An individual bid shall be rejected only in the following cases: (a) the bidder is not qualified; (b) the bidder does not accept the correction of an arithmetical error in his bid by the Tender Commission of the procuring entity; (c) the bidder is not responsive to the requirements of the bidding documents; or (d) under the circumstances referred to in Article 6 of the Law on State Procurement.

• Rejected Products will not thereafter be tendered to Buyer for acceptance unless the previous Rejection and any subsequent correction are disclosed to Buyer in writing.

• Rejection or other refusal to accept or the inability to deliver because of changed address of which no notice was given shall be deemed to be receipt of the notice as of the date of such rejection, refusal or inability to deliver.

More Definitions of Rejection

Rejection means process through which Clearcorp would convey its inability to accept a Member’s Order on the Dealing System.

Rejection means the rejection of the occurrence of the Extraordinary Early Redemption Event by the Issuer pursuant to Section 14.3 of these Terms;

Rejection has the meaning set forth in Section 9.13

Rejection has the meaning set forth in Section 6.03(d)(ii).

Rejection has the meaning set forth in Section 4.2(b).

Rejection means to refuse to accept as more fully described in Section 7.

Rejection means a network provider’s rejection of a customer transfer request form