Settlement Authority definition

Settlement Authority means the person or persons appointed by the JSE to manage the settlement of transactions in bonds effected through the Yield-X trading system in terms of the Yield-X rules and directives and the STRATE rules;
Settlement Authority is the amount set forth in the Service Instructions, up to which GB is authorized to settle individual Claims.
Settlement Authority means the ability to access the full settlement resources of the party.

Examples of Settlement Authority in a sentence

  • We look forward to earning the trust of the County during the first year of our partnership and would look to raise Settlement Authority in year two.

  • Errors and Omissions Coverage; Legal Representation Provided; eXp’s Settlement Authority.

  • Claim Settlement Authority: For the purpose of settling claims, the host incident agency as well as the Montana DNRC has the authority to settle claims under this agreement.

  • The TPA may only make payments from the Loss Funds in accordance with the limits of its Settlement Authority or where expressly authorised by Underwriters.

  • In the event the County mandates $0 Settlement Authority beyond year one, GB reserves the right to bill a fee $5,500 in year two, to be adjusted annually thereafter.


More Definitions of Settlement Authority

Settlement Authority. . "Settlement Authority” means the Chief Settlement Commissioner, or a Settlement Commissioner, or an Additional Settlement Commissioner, or a Deputy Settlement Commissioner, appointed under this Act, or any other officer appointed under any other law for the time being in force relating to the Settlement of displaced persons on land.
Settlement Authority as used in this Plan means the individual with control of the full financial settlement resources involved in the case, including insurance and the full financial authority and ability to agree to a binding settlement agreement.
Settlement Authority means full, meaningful, authority. A person with settlement authority does not need to pick up the phone to call anyone else to find out whether he or she can go higher or lower. A person with settlement authority is “the” decisionmaker. He or she is the person who has authority to meet the other party’s demand, even if he or she chooses not to do so.3
Settlement Authority means the person or persons appointed by the JSE to manage the settlement of transactions in uncertificated securities effected through the JSE trading system in terms of the rules and directives and the CSD rules;“settlement commitment” means an electronic undertaking by a CSD participant to settle a transaction in uncertificated securities;“settlement date” means in respect of a transaction in uncertificated securities, the date on which the transaction is due to be settled;“STRATE approved security” means a security which, in respect of transactions in such security, may only be settled electronically;“terminating transaction” means a purchase of uncertificated securities which have not subsequently been sold or a sale of uncertificated securities which have not subsequently been purchased;“trade date” means, in respect of a transaction in uncertificated securities, the date reflected as such on the contract note or an electronic confirmation thereof;“T+1” means the first business day after the trade date;
Settlement Authority means the authority to approve, deny or make a final offer on a claim, subject to any limitations
Settlement Authority means the pers npersons appointed by the JSE to manage the settlement of transactions securities effected through the JSE trading system in terms of the rules and directives andCthSeD rules;
Settlement Authority means the person or persons appointed by the JSE to manage the settlement of transactions in equity securities effected through the JSE equities trading system in terms of the rules and directives.