Settlement Agents definition
Examples of Settlement Agents in a sentence
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 Virginia State Bar issues guidelines to help Settlement Agents avoid and prevent the unauthorized practice of law in connection with furnishing escrow, settlement or closing services.
The Settlement Agents shall make such investigations as they deem appropriate and thereafter promptly shall commence discussions concerning resolution of such dispute.
As at the Programme Date, the Participants which are approved by the CSD, in terms of the Applicable Procedures, as Settlement Agents to perform electronic settlement of funds and scrip are ABSA Bank Limited; Citibank N.
The Closing will occur on or before the Closing Date at Seller's or Settlement Agent's offices as designated by Seller in its sole discretion.
Schedule 12 lists all Settlement Agents ----------------- utilized by the Borrower as of May 31, 1997.
It is the Applicant’s responsibly to inform Settlement Agents of this requirement.
To deposit guarantees in cash pursuant to Article B.3.3.1 of the Instructions, Clearing Members or cash Settlement Agents for cash must credit the CC&G PM Account in Target2 System (BIC code ▇▇▇▇▇▇▇▇▇▇▇) by means of FIN Swift MT202 messages, using the following reasons in the TAG072 field: MIF-CDC-(1)-(2) Where: (1) the Entity code related to the account (House/MOA, ISA, AOA, ▇▇▇▇ or ▇▇▇▇) of the Clearing Member for which the deposit is made.
As at the Programme Date, the Participants which are approved by the CSD, in terms of the Applicable Procedures, as Settlement Agents to perform electronic settlement of funds and scrip are Citibank N.A. South Africa Branch; FirstRand Bank Limited; Nedbank Limited; Standard Chartered Bank, Johannesburg Branch; Société Générale, Johannesburg Branch; The Standard Bank of South Africa Limited and the South African Reserve Bank.
Settlement Agent shall give Seller written notice of the receipt by the Settlement Agent of all monies deposited by Purchaser hereunder; and Settlement Agent shall give Purchaser written notice of delivery of the Deed(s) and other documents listed hereinabove by Seller to Settlement Agent, of Settlement Agent's delivery of the Deposit to Seller, and the amount of the Deposit so delivered.