{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "a-participant", "type": "clause", "offset": [6, 19]}, {"key": "pm-account", "type": "definition", "offset": [26, 36]}, {"key": "payment-instructions", "type": "definition", "offset": [73, 93]}], "samples": [{"hash": "5io5VmILgaJ", "uri": "https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02007D0007-20211121&from=EN", "label": "eur-lex.europa.eu", "score": 16.8329143524, "published": false}, {"hash": "aJa8gtPx1qE", "uri": "https://www.legislation.gov.uk/eudn/2007/7/2020-01-31/data.pdf", "label": "www.legislation.gov.uk", "score": 11.1232032776, "published": false}, {"hash": "50VeT6oDNGr", "uri": "https://www.legislation.gov.uk/eudn/2007/7/data.pdf?view=extent", "label": "www.legislation.gov.uk", "score": 11.0999317169, "published": false}], "size": 26, "snippet": "means a participant whose PM account or sub-account is used to settle AS payment instructions,", "hash": "a36d8fb63a49adfdc2d9f4b18bfeb0fc", "id": 1}, {"snippet_links": [{"key": "settlement-member", "type": "definition", "offset": [6, 23]}, {"key": "alternate-submission-location", "type": "definition", "offset": [31, 60]}, {"key": "the-settlement", "type": "clause", "offset": [75, 89]}, {"key": "third-party-services", "type": "definition", "offset": [110, 130]}], "samples": [{"hash": "84uh4DXwNxs", "uri": "https://dr.clearcorp.co.in/documents/43866/240042201/CLS+Regulations.pdf/703d0c25-0b38-b976-0351-939f8542a8b8?t=1730809244167", "label": "dr.clearcorp.co.in", "score": 19.5264282227, "published": false}, {"hash": "4pdcXbLywgs", "uri": "https://www.ccilindia.com/documents/43866/11572213/CLS+Regulations.pdf/30d94a25-7396-c7e0-ae76-ae0195c097ed?t=1717666481429", "label": "www.ccilindia.com", "score": 19.0210342407, "published": false}, {"hash": "cqfqfc3cDiW", "uri": "https://www.ccilindia.com/documents/43866/0/CLS+Segment+Regulations+_effective+April+1,+2023.pdf/1e1baf03-6349-4836-0998-6358b0b54dc9?t=1697455791957", "label": "www.ccilindia.com", "score": 18.3927402496, "published": false}], "size": 16, "snippet": "means Settlement Member or its Alternate Submission Location through which the Settlement Member provides CLS third party services.", "hash": "4eaa83bad3b3a994fa11c9c97dd8ec7a", "id": 2}, {"snippet_links": [{"key": "a-bank", "type": "clause", "offset": [6, 12]}, {"key": "clearing-corporation", "type": "definition", "offset": [35, 55]}, {"key": "settlement-of-transactions", "type": "clause", "offset": [78, 104]}], "samples": [{"hash": "9zhKUoAJY4u", "uri": "https://www.ccilindia.com/documents/43866/240040201/Bye-Laws+(3).pdf/6213b807-88ce-8009-714b-3b72199e0fe1?t=1730808954320", "label": "www.ccilindia.com", "score": 19.4899711609, "published": false}, {"hash": "8HqZp4Suz1v", "uri": "https://www.ccilindia.com/documents/43866/11572213/Bye-Laws.pdf/fd876f03-6368-6ebf-40f0-12f68ecec3b9?t=1723043269197", "label": "www.ccilindia.com", "score": 17.1782569885, "published": false}, {"hash": "cxQeRXsl8t4", "uri": "https://old.ccilindia.com/Membership/ByLawsDocs/Bye-Laws%20(Effective%20from%208th%20July,%202024).pdf", "label": "old.ccilindia.com", "score": 16.9931297302, "published": false}], "size": 14, "snippet": "means a bank designated as such by Clearing Corporation from time to time for settlement of transactions.", "hash": "3e16b480367a477051e6f97f8ec2c7c7", "id": 3}, {"snippet_links": [{"key": "member-of-the", "type": "clause", "offset": [19, 32]}, {"key": "clearing-systems", "type": "definition", "offset": [48, 64]}, {"key": "entered-into", "type": "clause", "offset": [73, 85]}, {"key": "contractual-arrangements", "type": "definition", "offset": [86, 110]}, {"key": "to-provide", "type": "clause", "offset": [124, 134]}, {"key": "assured-payment", "type": "definition", "offset": [135, 150]}, {"key": "members-of-the", "type": "clause", "offset": [166, 180]}], "samples": [{"hash": "9l2NxNNAZan", "uri": "/contracts/9l2NxNNAZan#settlement-bank", "label": "Securities Lending Agreement", "score": 31.3408622742, "published": true}, {"hash": "ltNpEiWEvi", "uri": "/contracts/ltNpEiWEvi#settlement-bank", "label": "Securities Lending Agreement (JPMorgan Institutional Trust)", "score": 20.0, "published": true}, {"hash": "lot7yscSfDH", "uri": "/contracts/lot7yscSfDH#settlement-bank", "label": "Securities Lending Agreement (One Group Mutual Funds)", "score": 20.0, "published": true}], "size": 13, "snippet": "means a settlement member of the CHAPS and Town Clearing systems who has entered into contractual arrangements with the CGO to provide Assured Payment facilities for members of the CGO;", "hash": "79792faec2d9a91def933ada98cf9522", "id": 4}, {"snippet_links": [{"key": "bank-holding", "type": "definition", "offset": [8, 20]}, {"key": "discharge-of-obligations", "type": "clause", "offset": [66, 90]}, {"key": "payment-system", "type": "clause", "offset": [106, 120]}], "samples": [{"hash": "Rcz0ExXr8s", "uri": "https://www.ecb.europa.eu/pub/pdf/legal/ecb.leg_reg_2024_XX.en.pdf", "label": "www.ecb.europa.eu", "score": 19.4775047302, "published": false}, {"hash": "8rY4Jfjwvl7", "uri": "https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02014R0795-20171206", "label": "eur-lex.europa.eu", "score": 10.833404541, "published": false}, {"hash": "dxScKOwUNCA", "uri": "https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELLAR:3eb87359-b95b-11eb-8aca-01aa75ed71a1", "label": "eur-lex.europa.eu", "score": 10.6810407639, "published": false}], "size": 12, "snippet": "means a bank holding accounts with regards to payments, where the discharge of obligations arising from a payment system takes place;", "hash": "b58feb5d940cd0ecc6ea5d3f8847049f", "id": 5}, {"snippet_links": [{"key": "the-bank", "type": "clause", "offset": [6, 14]}, {"key": "settlement-accounts", "type": "clause", "offset": [35, 54]}, {"key": "member-banks", "type": "definition", "offset": [66, 78]}, {"key": "settlement-of", "type": "clause", "offset": [83, 96]}, {"key": "other-obligations", "type": "definition", "offset": [115, 132]}], "samples": [{"hash": "drTe7f9CUob", "uri": "https://www.npci.org.in/PDF/nach/notofied-document/NACH-Procedural-Guidelines-V.6.pdf", "label": "www.npci.org.in", "score": 9.6830940247, "published": false}, {"hash": "k2U1zq3Qq9Q", "uri": "https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/PCTSS21E86EC2848C96444E93FBD071A5409015.PDF", "label": "rbidocs.rbi.org.in", "score": 9.283367157, "published": false}, {"hash": "7iKwLzbA9NY", "uri": "https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/PGCTSS061217C0E5876867624D24AA7C11C2917AA4DA.PDF", "label": "rbidocs.rbi.org.in", "score": 8.9644079208, "published": false}], "size": 11, "snippet": "means the bank which maintains the settlement accounts of all the member banks for settlement of clearing and / or other obligations.", "hash": "6ddbd4a50e0d8ae12c8bd58e6bf33d7b", "id": 6}, {"snippet_links": [{"key": "account-holder", "type": "definition", "offset": [15, 29]}, {"key": "payment-instructions", "type": "definition", "offset": [82, 102]}, {"key": "submitted-by", "type": "clause", "offset": [103, 115]}], "samples": [{"hash": "zOoDCX7DR0", "uri": "https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02012O0027-20160415", "label": "eur-lex.europa.eu", "score": 11.2673635483, "published": false}, {"hash": "QxrlcmyYxI", "uri": "https://www.suomenpankki.fi/globalassets/fi/media-ja-julkaisut/julkaisut/ohjeet_ja_saannot/vastapuoli/documents/celex_02012o0027-20211121_en_txt.pdf", "label": "www.suomenpankki.fi", "score": 10.90828228, "published": false}, {"hash": "9pdtaRdBprR", "uri": "https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02012O0027-20191117&rid=4", "label": "eur-lex.europa.eu", "score": 9.9815196991, "published": false}], "size": 8, "snippet": "means a \u25baM3 PM account holder \u25c4 whose PM account or sub-account is used to settle payment instructions submitted by an ancillary system via the ASI;", "hash": "fb939acd0e6d9060443a9a23cbfd17c1", "id": 7}, {"snippet_links": [{"key": "to-pay", "type": "clause", "offset": [59, 65]}, {"key": "the-merchant", "type": "definition", "offset": [72, 84]}, {"key": "other-funds", "type": "definition", "offset": [92, 103]}], "samples": [{"hash": "j2WrfZ6ZgxY", "uri": "https://www.giveall.org/Repository/90/Documents/20180518_Giveall_ToS_Fundraisers_%20Donors_V3.1.pdf", "label": "www.giveall.org", "score": 8.186173439, "published": false}, {"hash": "iUX98XidiI", "uri": "https://www.giveall.org/Repository/90/Documents/20180518_Giveall_ToS_Employers_Employees_V3.1.pdf", "label": "www.giveall.org", "score": 8.186173439, "published": false}, {"hash": "auqaCdTsgrk", "uri": "https://www.giveall.org/Repository/90/Documents/20180518_Giveall_ToS_Charities_V3.1.pdf", "label": "www.giveall.org", "score": 8.186173439, "published": false}], "size": 7, "snippet": "means a recognised bank which Giveall uses to settle (i.e. to pay into) the merchant or any other funds.", "hash": "1135c3f2207f1ac3757a9e70f924315b", "id": 8}, {"snippet_links": [], "samples": [{"hash": "gK0RtzIgS65", "uri": "https://www.fsca.co.za/Notices/Granite%20CSD%20Rules%20Version%201.9%20-%2024%20July%202019.docx?ID=1779", "label": "www.fsca.co.za", "score": 9.8774814606, "published": false}, {"hash": "aahFhiI0VZc", "uri": "https://www.granitecsd.co.za/wp-content/uploads/2019/09/Granite_CSD_Proposed_rule_amendments_13_September_2019.pdf", "label": "www.granitecsd.co.za", "score": 9.8528404236, "published": false}, {"hash": "6HCg7aZgQzn", "uri": "https://www.fsca.co.za/Regulatory%20Frameworks/Documents%20for%20Consultation/Proposed%20amendments%20to%20the%20Granite%20CSD%20rules%20(13%20September%202019).docx", "label": "www.fsca.co.za", "score": 9.848733902, "published": false}], "size": 5, "snippet": "means any bank with a SAMOS account;", "hash": "f8eca99856ab587ad8902fd39ba0db63", "id": 9}, {"snippet_links": [{"key": "a-bank", "type": "clause", "offset": [6, 12]}, {"key": "clearing-members", "type": "definition", "offset": [86, 102]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [118, 136]}, {"key": "any-settlement", "type": "clause", "offset": [137, 151]}], "samples": [{"hash": "bziV7wIYyN4", "uri": "https://www.cftc.gov/sites/default/files/filings/orgrules/25/05/rules05152521558.pdf", "label": "www.cftc.gov", "score": 20.3377376075, "published": false}, {"hash": "6jmmrAs7Zyk", "uri": "https://www.cftc.gov/sites/default/files/filings/orgrules/25/02/rules02102515121.pdf", "label": "www.cftc.gov", "score": 19.9221878052, "published": false}, {"hash": "4ZkEGluhZ5G", "uri": "https://www.cftc.gov/sites/default/files/filings/orgrules/24/12/rules12202412460.pdf", "label": "www.cftc.gov", "score": 19.715549469, "published": false}], "size": 5, "snippet": "means a bank that maintains an account either for the Clearinghouse or for any of its Clearing Members, which is used for the purpose of any settlement activity described in 17 CFR \u00a7 39.14.", "hash": "5354625715b276087f225d025d8402d3", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIYc2V0dGxlbWVudC1iYW5rIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Settlement Bank", "size": 234, "snippet": "means a participant whose PM account or sub-account is used to settle AS payment instructions,", "id": "settlement-bank", "examples": ["The Software will have access to the Networks, Third Party Processors (TPPs), Vendors and a <strong>Settlement Bank</strong>, each of which shall be selected by Company.", "The Software will facilitate (at Company\u2019s option) some or all of the following: acceptance of signature -based debit, credit and stored value electronic transactions; use of electronic funds transfer, including electronic transfers from Custom ers\u2019 banks, electronic checks, and the transfer of funds from the <strong>Settlement Bank</strong> to the Merchant Deposit Account On file with the Company via use of the Vendor Services.", "With the exception of those fees listed in Exhibit A which may be modified by Company in its sole discretion, this Agreement may only be amended or modified by a written agreement between the parties; provided however, notwithstanding the foregoing, this Agreement may be unilaterally amended by Company if such amendment is mandated by a Card Brand, NACHA, any <strong>Settlement Bank</strong>, its Vendors or by law.", "Company\u2019s provision of the Software, use of the Vendor Services and the provision of access to the Networks, TPPs, and <strong>Settlement Bank</strong> is collectively referred to as the \u201cService\u201d.", "Company is responsible for ensuring that <strong>Settlement Bank</strong> and applicable Vendor settle Transactions and deposits payments from Customers net of Fee.", "As such, (i) card processing data will be received by Company and be made available to Merchant at \u2587\u2587\u2587\u2587\u2587://\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587; (ii) Transactions are split-settled by Company where the payment amount is settled into the Merchant Account by the <strong>Settlement Bank</strong>, via the Vendor Services or otherwise, and the Fee is settled separately with the Company.", "Company shall act on \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587&#x27;s behalf with the Third-Party Processor (TPP), Vendor and <strong>Settlement Bank</strong>."], "related": [["investment-bank", "Investment Bank", "Investment Bank"], ["settlement-agent", "Settlement Agent", "Settlement Agent"], ["replacement-bank", "Replacement Bank", "Replacement Bank"], ["settlement-lead-manager", "Settlement Lead Manager", "Settlement Lead Manager"], ["cash-management-bank", "Cash Management Bank", "Cash Management Bank"]], "related_snippets": [], "updated": "2025-07-10T05:58:13+00:00"}, "json": true, "cursor": ""}}