Settlement Guarantee Fund (SGF definition

Settlement Guarantee Fund (SGF means a fund maintained by the Exchange used for settlement of defaults of its Members and may comprise of security deposit of Members or any sources of funds as may be determined by the Exchange from time to time;
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Settlement Guarantee Fund (SGF means a fund maintained by the Power Exchange or Clearing Corporation used for settlement of defaults of its members as prescribed in the default remedy mechanism of Power Exchange or Clearing Corporation and may comprise of any sources of funds as may be determined by the Power Exchange or Clearing Corporation with prior approval of the Commission from time to time;
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Settlement Guarantee Fund (SGF means a fund created and maintained by Power Exchange and used for settlement of defaults of its members or clients of such members as stipulated in the default remedy mechanism of Power Exchange and shall comprise of any sources of funds as may be determined by the Power Exchange with prior approval of the Commission;
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Examples of Settlement Guarantee Fund (SGF in a sentence

  • Security deposit, whether initial deposit and additional deposit, paid by the Members shall constitute a part of the Settlement Guarantee Fund (SGF).

  • Initial Security deposit shall be invested as per the investment guidelines of Hon’ble Commission for Settlement Guarantee Fund (SGF) and 70% of the return earned on the initial Security Deposit so invested in a year shall be paid to the Members in proportion to the amount deposited by the Members as initial deposit and duration for which deposit was held with the Exchange, within 45 days after the last date of the financial year.

  • Politicians who argued that the country of emigration mattered for the integration of immigrants into Dutch society received a score of -1.

  • Norms, procedures, terms and conditions for contribution by Members of the Exchange and others to Settlement Guarantee Fund (SGF), or any other fund that may be established by the Exchange.

  • Your Exchange maintains a Settlement Guarantee Fund (SGF) as per the norms stipulated by SEBI.

  • The Stockbroker Participant in default may obtain funding from the Settlement Guarantee Fund (SGF) to meet settlement obligations, subject to the conditions stipulated by the SGF.

  • The penalty levied shall be transferred to Settlement Guarantee Fund (SGF) of the Clearing Corporation.

  • Clearing Corporation shall compute and set currency-wise Exposure Limits for each Member based on its balance in Settlement Guarantee Fund (SGF) and the Margin Factor applicable for the concerned Member in the manner prescribed in Chapter VII.

  • The exchanges shall lay down exposure limits either in rupee terms or as percentage of the Trade Guarantee Fund (TGF) / Settlement Guarantee Fund (SGF) that can be exposed to a single bank directly or indirectly.

  • The penalty amount received less deduction transmission charges / statutory / regulatory dues already paid or payable and less deduction of the PXIL transaction charges of the exchange shall be transferred to Settlement Guarantee Fund (SGF) and shall be a part of SGF.


More Definitions of Settlement Guarantee Fund (SGF

Settlement Guarantee Fund (SGF means a fund created and maintained by Power Exchange and used for settlement of defaults of its members or clients of
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Settlement Guarantee Fund (SGF means a fund maintained by the gas exchange clearing corporation used for settlement of defaults of its members as prescribed in the default remedy mechanism of gas exchange or clearing corporation and may comprise of any sources of funds as may be determined by the gas exchange or clearing corporation with prior approval of the Board from time to time;
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Settlement Guarantee Fund (SGF means a fund maintained by IGX used for settlement of defaults of its Members and may comprise of security deposit of Members or any sources of funds as may be determined by IGX from time to time;
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Settlement Guarantee Fund (SGF means a fund maintained by the power exchange or clearing corporation and which comprises of a pool of member’s base capital or security deposit;
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Related to Settlement Guarantee Fund (SGF

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Guaranty fund means the fund established by a local entity under Section 11-42-701.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per Section 3.9.

  • Preferred Guarantee Trustee means Wilmington Trust Company, until a Successor Preferred Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Preferred Securities Guarantee and thereafter means each such Successor Preferred Guarantee Trustee.

  • Guarantee Period /’Maintenance Period’ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the works performed under the contract.

  • Resettlement Action Plan or “RAP”, means a plan approved by the Association, to be prepared in accordance with the provisions of the RPF, setting forth principles and procedures governing land acquisition or other associated Project impacts, resettlement and compensation of Affected Persons, as well as reporting and monitoring arrangements to ensure compliance with the said plan, as the same may be amended from time to time with the agreement of the Association, and “Resettlement Action Plans” or “RAPs” shall mean such Resettlement Action Plans, collectively.

  • Guarantee Test(s means the test(s) specified in the Technical Specifications to be carried out to ascertain whether the Facilities or a specified part thereof is able to attain the Functional Guarantees specified in the Technical Specifications in accordance with the provisions of GCC Sub-Clause 20.2.1 (Guarantee Test) hereof during/after successful Commissioning followed by Trial - Operation.

  • Guarantee Agreement means the Guarantee Agreement executed by the Company and Wilmington Trust Company, as Guarantee Trustee, contemporaneously with the execution and delivery of this Indenture, for the benefit of the holders of the Preferred Securities, as modified, amended or supplemented from time to time.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Guarantee Payment means any payment made by a Guarantor pursuant to a Guarantee Agreement in respect of a Trust Student Loan.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.