RTGS Participant definition

RTGS Participant means a Participant:
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Examples of RTGS Participant in a sentence

  • The register also contains information for every RIX- RTGS Participant stating which role or roles (Account Holder and/or Agent) that the respective RIX-RTGS Participant has chosen to act in.

  • Statements of account in the form of MT950 which are sent via SWIFT and those sent to RIX-RTGS Online are ordered by the RIX- RTGS Participant via RIX-RTGS Online.

  • This means that every individual RIX- RTGS Participant shall aggregate certain types of payment assignments which the Participant instructs the Riksbank to settle via this routine according to established routines in Annex A7.On changeover to manual routines for the settlement of Payments, the balances in all LOM Accounts will be transferred to the Settlement Account.

  • If disruptions occur in RIX-RTGS or at a RIX- RTGS Participant, the RIX Helpdesk will provide information on the disruption and on what contingency routines shall be applied in connection with the decisions made by the Riksbank.

  • Change of order between Multilateral Payments can only be initiated by the RIX- RTGS Participant who is an Agent for a number of other RIX-RTGS Participants.ii.

  • An absolute minimum of 5 hours per subject per week.3.Adhere to home school’s sixth form dress code and respect the dress code of other teaching sites.

  • The participation criteria appear almost circular: the CAPP must meet the requirements of section 11 as a RTGS Participant; an RTGS Participant is a Settlement Participant or CAPP that is RTGS Accredited; RTGS accreditation requires the participant to meet the RTGS Participation Requirements which include, but are not limited to, providing ASX-S with details of a RTGS Bank Account; the RTGS Bank Account is a bank account opened by the RTGS Participant with an RTGS Payments Provider.

  • A charge will be made for a negative balance in the Loan Account for a RIX- RTGS Participant who does not have a right to overnight Credit according to the Riksbank’s rules.

  • Automatic repayment takes place if the RIX- RTGS Participant has concluded an agreement with another RIX-RTGS Participant to take over the negative net balance in the Settlement Account and Loan Account of the indebted RIX-RTGS Participant.

  • Any SADC-RTGS Participant under business rescue (or equivalent process in SADC country of origin) or curatorship, in terms of insolvency laws, in its country of origin, may continue to participate in the clearing and settlement system until its participation is withdrawn by the SADC-RTGS Operator, upon the receipt of a written notification from the central bank of the country from which the SADC- RTGS Participant originates, that the SADC-RTGS Participant can no longer participate in SADC-RTGS.

Related to RTGS Participant

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Participant has the meaning specified in Section 10.06(d).

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Current Participant means a Class Member who has an Active Account in one or both the Plans as of August 5, 2020.

  • Active Participant means a Participant who has satisfied the eligibility requirements under Section 3 and who has at least 1,000 Hours of Service during the current Plan Year. However, a Participant shall not qualify as an Active Participant unless (i) he is in active Service with an Employer as of the last day of the Plan Year, or (ii) he is on a Recognized Absence as of that date, or (iii) his Service terminated during the Plan Year by reason of Disability, death, or Normal Retirement.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Market Participant means a Market Buyer, a Market Seller, an Economic Load Response Participant, or all three, except when such term is used in Tariff, Attachment M, in which case Market Participant shall mean an entity that generates, transmits, distributes, purchases, or sells electricity, ancillary services, or any other product or service provided under the PJM Tariff or Operating Agreement within, into, out of, or through the PJM Region, but it shall not include an Authorized Government Agency that consumes energy for its own use but does not purchase or sell energy at wholesale.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Other Participant means a cooperative project participant other than the United States.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Study Participant means a person recruited to participate in the Study.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows: