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;
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Settlement Authority means the ability to access the full settlement resources of the party.
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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.
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Examples of Settlement Authority in a sentence

  • The Committee suggests that the Acquisition Compensation Disputes Settlement Authority should consist of at least three members, including the Chairperson.

  • Under the Constitution (One Hundred Fifteenth Amendment) Bill, 2011, a Goods and Services Tax Dispute Settlement Authority was to be constituted for this purpose.

  • Failure to File and Serve Certification Regarding Settlement Authority Plaintiff failed to file and serve the certification regarding the person or entity with full settlement authority where the residence is not homestead (Form Exhibit 9 attached to the Administrative Order).

  • Setting up of Grievance Settlement Authorities and reference of certain individual disputes to such authorities.-(1) The employer in relation to every industrial establishment in which fifty or more workmen are employed or have been employed on any day in the preceding twelve months, shall provide for, in accordance with the rules made in that behalf under this Act, a Grievance Settlement Authority for the settlement of industrial disputes connected with an individual workman employed in the establishment.

  • Notice Of Request for Settlement Authority: Whenever an investigation discloses that the prompt, fair and equitable settlement of a claim is appropriate and possible, and such settlement exceeds the authority of the claims administrator, the claims administrator shall submit to the fund administrator for review at a Fund Commissioners/Executive Committee meeting, a request for settlement authority.


More Definitions of Settlement Authority

Settlement Authority means the person or persons appointed by the JSE to manage the sefflement of transactions in equity securities effected through the JSE equities trading system in terms of the rules and directives;
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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;
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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;
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Settlement Authority means aparticipating exchange or the securities clearing house.
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Settlement Authority means the person or persons appointed by the JSE to manage the
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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.
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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
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