Settlement Participant definition

Settlement Participant means a person admitted as a participant under the Settlement Rules.
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Settlement Participant means a participant which maintains an FPS Ledger Account for the purpose of settlement of funds in FPS and “its Settlement Participant” means, in relation to a Clearing Participant, a Settlement Participant with respect to whom it has been agreed with such Clearing Participant that such Settlement Participant shall permit payments by or to such Clearing Participant to be settled through such Settlement Participant’s FPS Ledger Account.
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Settlement Participant. Has the meaning given in the ASX Settlement Operating Rules. Generally, Settlement Participant covers persons that are not Brokers but who satisfy certain eligibility criteria in the ASX Settlement Operating Rules. Term Meaning Sponsor Pirie Street Custodian Ltd (ABN 64 000 000 000, AFSL 240521) or such other Person as the Lender may nominate from time to time. Sponsorship Agreement The agreement between each Security Owner and the Sponsor or the Nominee and the Sponsor, the terms and conditions of which are set out in Part 1, Part 4 and Part 6.
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Examples of Settlement Participant in a sentence

  • Each Settlement Participant further acknowledges that the Released Claims are intended to include all Released Claims regardless of whether the Settlement Participant knows, is aware of, or suspects the claims or potential claims being released.

  • Under the terms of the Agreement, a portion of these attorneys’ fees and costs are attributable on a pro rata basis to each Settlement Participant who cashes a Settlement Payment check.

  • In the event that there are fewer than 300,000 Settlement Participants, the One Million Five Hundred Thousand Dollars ($1,500,000.00) worth of Settlement Phone Cards will be distributed evenly amongst the Settlement Participants (i.e., each Settlement Participant will receive a pro rata share of the One Million Five Hundred Thousand Dollars ($1,500,000.00) worth of Settlement Phone Cards as opposed to a single Phone Card with a face value of $5.00).

  • However, in any circumstance, the Phone Cards will be evenly distributed among all Settlement Participants and each Settlement Participant will receive Phone Card(s) worth the same dollar amount.

  • For the avoidance of doubt, a Listing Market Participant who is not a Settlement Participant may obtain indirect access to the Settlement Facilitation Service in respect of the Approved Financial Products by entering into a settlement agreement with the Listing Market Operator or another party that is a Settlement Participant under which the Listing Market Operator or other party will act as settlement agent for the Listing Market Participant.

  • Defendants agree to provide each Settlement Participant with a Settlement Phone Card with a face value of $5.00; provided, however, that Defendants agree to distribute a minimum of One Million Five Hundred Thousand Dollars ($1,500,000.00) worth of Settlement Phone Cards.

  • A Class Member who desires to object but who fails to comply with the time and objection procedure set forth herein shall be deemed to have not objected, which means they will be bound by the release of Released Claims, will be deemed to participate in the Settlement and shall become a Settlement Participant.

  • As described above, notice packages distributed to eligible Settlement Class Members will be accompanied by a “Computation of Your Settlement Share” form, in the form set forth in Exhibit 5, which will state the gross amount each individual is eligible to receive from the proceeds of the Pool A fund if he/she becomes a Settlement Participant.

  • As described above, notice packages distributed to eligible Settlement Class Members will be accompanied by a “Computation of Your Settlement Share” form, in the form set forth in Exhibit 5, which will state the gross amount each individual is eligible to receive from the proceeds of the Pool B fund if he/she becomes a Settlement Participant.

  • Checks issued to Settlement Participants will be made payable to the Settlement Participant.


More Definitions of Settlement Participant

Settlement Participant means any person receiving or handling funds for CIBC or the Beneficiary including but not limited to other financial institutions, CPA and SWIFT and their respective agents and service providers.
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Settlement Participant means a participant of an Approved Settlement Facility who has approval to settle transactions in the facility.
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Settlement Participant means a system participant which can settle transactions on his own account and for other system participants;
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Settlement Participant means the Settlement Class Member who timely and properly submit a fully executed original Claim and Release Form, and a W-9 Form so that they are postmarked and mailed to the Claims Administrator by the Claim Deadline.
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Related to Settlement Participant

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Participant has the meaning specified in Section 10.06(d).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Study Participant means a person recruited to participate in the Study.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Other Participant means a cooperative project participant other than the United States.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Defaulting Participant means a Participant which the Project Committee has declared to be in substantial breach of this Consortium Agreement or the PPP Allowance Agreement in accordance with Sections 3.5 and 6.5 of this Consortium Agreement;

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • California Participant means a Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.