Settlement Bond definition

Settlement Bond means a bond issued to ASTC at the request of a Participant in accordance with Rule 4.9.1.
Settlement Bond means a bond issued to ASX Settlement at the request of a Participant in accordance with Rule 4.9.1.

Examples of Settlement Bond in a sentence

  • Pledge to the Borrower’s Settlement Amount or Foot Option Settlement Bond under the Contract for Income Settlement under Article 5-4 ② The Borrower shall acquire the collateral prescribed in paragraph (1) and take necessary measures to enable the Borrower against third parties, and the Borrower shall cooperate with the security establishment under paragraph (1).