Relevant Settlement System definition

Relevant Settlement System means the settlement system as detailed in the List of Contract
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Relevant Settlement System means Euroclear France, CREST or (in the case of Monte Titoli Registered Instruments) T2S, as the case may be;
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Relevant Settlement System means Euroclear France, Monte Titoli or CREST, as the case may be;
Sample 1Sample 2Sample 3

Examples of Relevant Settlement System in a sentence

  • Any amounts payable under Rule RRRR.11 shall be made outside the Relevant Settlement System.

  • RRRR.8A SUBMISSION OF DETAILS TO THE RELEVANT SETTLEMENT SYSTEM(a) The Clearing House shall, on the relevant day and by the applicable time specified in the Administrative Procedures, have given to the Seller and to the Buyer the details of Contracts which shall be submitted to the Relevant Settlement System.

  • VVVVV.3 DELIVERY DETAILS Where the Relevant Delivery Procedures so require, Clearing Members shall have given to the Clearing House in accordance with the Relevant Delivery Procedures the delivery details referred to in Rules UUUUU.9(a) and UUUUU.10(a) in order to facilitate settlement of Contracts through the Relevant Settlement System.

  • OOOOO.5 SETTLEMENT AGENT (a) Only a Settlement Agent with a Settlement Account at the Relevant Settlement System may be used for the purposes of making or taking delivery of securities under a Contract by transfer of securities through such Relevant Settlement System and making or receiving payment of the settlement amount under a Contract in accordance with these Contract Rules, unless these Contract Rules otherwise require or permit.

  • Subject to Rule KKKKK.18(e), securities which are the subject of suspension or termination of dealings which are required to be delivered in respect of a Delivery Contract shall be delivered through the Relevant Settlement System on the Settlement Day in accordance with these Contract Rules.

  • The channel will go from 42' to 48' feet (50 feet with allowances) and the Southport Turning Notch Extension will increase from 900 to 2,400 feet and allow large ships access to the port.

  • Subject to Rule MMMMM.18(e), shares which are the subject of suspension or termination of dealings which are required to be delivered in respect of a Delivery Contract shall be delivered through the Relevant Settlement System on the Settlement Day in accordance with these Contract Rules.

  • Only a Settlement Agent with a Settlement Account at the Relevant Settlement System may be used for the purposes of making or taking delivery of shares under a Delivery Contract by transfer of shares through such Relevant Settlement System and making or receiving payment of the settlement amount under a Delivery Contract in accordance with these Contract Rules, unless these Contract Rules otherwise require or permit.

  • PART W: Financials & Softs EDGB Contracts 1.9 Daily Payments for Failed Settlements The Clearing House may debit cash penalties imposed or charged by the Relevant Settlement System from the account of the Clearing Member that is in delivery default and credit the cash penalties to the account of the Clearing Member that is affected by the settlement fail.

  • TTTTT.2 DELIVERY DETAILSWhere the Relevant Delivery Procedures so require, Clearing Members shall have given to the Clearing House in accordance with the Relevant Delivery Procedures the delivery details referred to in Rules SSSSS.7(a) and SSSSS.8(a) in order to facilitate settlement of Contracts through the Relevant Settlement System.


More Definitions of Relevant Settlement System

Relevant Settlement System means the settlement system as detailed in the Table.
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Relevant Settlement System means Euroclear NV/SA or Clearstream Banking AG as the
Sample 1
Relevant Settlement System means Euroclear France, Monte Titoli or CREST, as the case may be; "Resolution" has the meaning given in the Programme Agreement;
Sample 1

Related to Relevant Settlement System

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Trading and Settlement Code means the Trading and Settlement Codedeveloped pursuant to Section 9(1)(d) of the Act as from time to time, revised, amended, supplemented or replaced with the approval or at the instance of the Commission;

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.