Settlement Agents definition

Settlement Agents means those Participants which are approved as settlement agents to perform electronic settlement of funds and scrip on behalf of market participants in accordance with Applicable Procedures.
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Settlement Agents means those Participants which are approved by BESA or any other relevant financial exchange from time to time, in terms of the Applicable Procedures of BESA, as settlement agents to perform electronic settlement of funds and scrip on behalf of market participants;
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Settlement Agents means those Participants which are approved by the JSE or any other relevant financial exchange from time to time, in terms of the Applicable Procedures of the JSE, as settlement agents to perform electronic settlement of funds and scrip on behalf of market participants;
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Examples of Settlement Agents in a sentence

  • The Settlement Agents Supervisory Board was abolished on 1 Jul 2011.

  • The Noteholder in respect of uncertificated Notes shall vote at any such meeting on behalf of the holders of Beneficial Interests in such Notes in accordance with the instructions to the CSD from the holders of Beneficial Interests conveyed through the Settlement Agents in accordance with the Applicable Procedures.

  • The Regulations govern also the relationships among Members themselves and between Members and Settlement Agents.

  • CC&G shall advise Members, including Settlement Agents, of cash amounts subject to daily settlement indicated in paragraph 1.

  • A Clearing Member can use the services of one or several Payment Agent(s) per central bank and per Credit Institution, accepted by LCH SA, and/or one or several Settlement Agent(s) per Securities settlement system and/or per central Securities depository.

  • Beneficial Interests which are held by Participants (which are also Settlement Agents) may be held directly through the Central Securities Depository.

  • ASP approved forms are available directly from the ASP.Where no Power of Attorney is operated by the Clearing House in respect of an ASP, Clearing Members who carry out settlement themselves or those persons acting as Settlement Agents must input all matching instructions directly to the ASP.

  • The Clearing House will monitor matching performance by Clearing Members or their Settlement Agents.

  • A.3. Provisions Related to Settlement Agents Article 2.2.3.5Clearing Members must ensure that they are able to:(i) perform the settlement of all their Transactions irrespective of the currency in which they are settled, as described in an Instruction;(ii) and, if relevant, provide Securities as Collateral.

  • The ASP or the Clearing House's Settlement Agent will credit and debit the affected accounts maintained by the Clearing House's Settlement Agent and Members' Settlement Agents, either on the Effective Date or on receipt/payment dates of the claims.


More Definitions of Settlement Agents

Settlement Agents means the GDRs Settlement Agent and the Shares Settlement Agent. “Settlement Custodian” means Slovenská sporitel’ňa, a.s.
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Settlement Agents means those Participants which are authorised by the
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Related to Settlement Agents

  • Settlement Agent means, with respect to any Transaction the subject of which is a Wet-Ink Mortgage Loan, the entity approved by Agent, in its sole good-faith discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the related Wet-Ink Mortgage Loan is being originated.

  • Placement Agents shall have the meaning set forth in the preamble.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.

  • Procurement Agent means the district representative duly authorized to enter into and administer Contracts and make written determinations with respect to this solicitation or his/ her designee.

  • Escrow Agent has the meaning set forth in Section 2.1(c).

  • Settlement Class Counsel means Xxxx X. Xxxxx and Xxxxxx X. Xxxxxx of Xxxxxxxxx Xxxxxx & Xxxxx XXX, Xxxx X. Xxxxx of The Rhine Law Firm, P.C., and Xxxx Xxxxxxxxx of Xxxxxxxxx & Xxxxxx P.A.

  • Placement Agent means X.X. Xxxxxxxxxx & Co., LLC.

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • Payment Agent means Odyssey Trust Company, or any other payment agent or trust company, bank or financial institution as the Company may appoint to act as payment agent with the approval of the Purchaser, acting reasonably, for the purpose of, among other things, paying the Option Premium to the Company Shareholders in connection with the Arrangement.

  • Stockholder Representative has the meaning set forth in the preamble.

  • Shareholder Representative has the meaning set forth in the preamble.

  • Placement Agent Agreement means that certain placement agent agreement dated as of the date hereof between the Company and the Placement Agent.

  • Settling Parties means the Defendants and the Class Representatives, on behalf of themselves, the Plan, and each of the Class Members.

  • Plaintiffs’ Counsel means Lead Counsel and all other legal counsel who, at the direction and under the supervision of Lead Counsel, performed services on behalf of the Settlement Class in the Action.

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.

  • Holders’ Representative means the representative of the Holders named in the preamble, until a successor Holders’ Representative shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Holders’ Representative” shall mean such successor Holders’ Representative.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

  • BAS means Banc of America Securities LLC.

  • Lead Plaintiffs Counsel” means Elizabeth Cabraser of Lieff, Cabraser, Heimann

  • Holder Representative has the meaning specified in Section 11.1.

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Arrangers as defined in the preamble hereto.

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Lead Arrangers means Xxxxxxx Xxxxx Bank USA, Barclays Bank PLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., KKR Capital Markets LLC, Citigroup Global Markets Inc. and UBS Securities LLC.

  • Joint Lead Arrangers shall have the meaning assigned to such term in the introductory paragraph of this Agreement.