Settlement Rules definition

Settlement Rules means the operating rules, procedures, practices, directions, decisions and requirements of a Settlement Facility.
Settlement Rules means the rules, procedures, internal policies, standards or bylaws used by Intermediaries or ATB, or to which Intermediaries or ATB may be subject.
Settlement Rules means the rules, that provide the basis upon which payment obligations are calculated, netted or settled and includes rules for the taking of action in the event that a participant is unable or likely to become unable to meet its obligations to a payment system, clearing house, central counter-party or other participants and includes settlement of obligations from securities;

Examples of Settlement Rules in a sentence

  • Subject to the ASX Operating Rules, the ASX Clearing and Settlement Rules, PIML as the Responsible Entity may decline to register a purchaser of a Unit or Units transacted on the ASX.

  • ASX Business Day has the meaning given to the term "Business Day" in the ASX Settlement Rules.

  • CHESS means Clearing House Electronic Sub-register System.CHESS Rules means the ASX Settlement Rules and the provisions of the Corporations Act and Listing Rules concerning the electronic share registration and transfer system as and to the extent that they apply to the Company.

  • CHESS Approved Securities means securities of the Company which are approved by ASX Settlement in accordance with the ASX Settlement Rules.

  • ASX Settlement Rules means the ASX Settlement Operating Rules published by ASX as supplemented, amended, varied or replaced from time to time.


More Definitions of Settlement Rules

Settlement Rules means the rules which determine how payment obligations are calculated, netted or settled and includes rules prescribing corrective, punitive or other action in the event that a settling participant is unable or is likely to become unable to meet its obligations to the clearing house, central counter-party or other settling participants;
Settlement Rules means rules, procedures, standards or bylaws used by Settlement Participants.
Settlement Rules means the adjustment of the Charges calculated in accordance with Schedule 5; “Sites” means the Provider’s sites which are detailed in Schedule 3;
Settlement Rules. – shall mean the rules of the Central Securities Depository – Settlement System Rules,
Settlement Rules means the settlement operating rules issued by the ASX Settlement Pty Limited (ABN 49 008 504 532).
Settlement Rules means the adjustment of the Charges calculated in accordance with Schedule 5;
Settlement Rules means the operating rules of the relevant CS Facility.