Settlement Rules definition

Settlement Rules means the operating rules, procedures, practices, directions, decisions and requirements of a Settlement Facility.

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Settlement Rules means the rules, procedures, internal policies, standards or bylaws used by Intermediaries or by us, or to which Intermediaries or we 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

In addition, the terms and conditions relating to CUFS are determined in accordance with the Australian Corporations Act and the ASX Settlement Rules.
Where there is an inconsistency between the Agreement and the Settlement Rules, the Settlement Rules will apply.
The CUFS Depositary may not create any interest (including a security interest) which is inconsistent with its title to the Shares and the interests of the holders of CUFS in respect of Shares unless authorized by the ASX Settlement Rules.
Where the Customer has failed to settle with the Bank, the Parties shall have the rights and obligations imposed by the Participant Rules and/or the Clearing and Settlement Rules (or the settlement rules in the applicable market regarding cancellation of the transaction and mitigating any loss relating to that failure to settle).
You agree that your request for the GMT and our ability to complete it will be subject to Settlement Rules and Applicable Laws and that we, and/or any Intermediaries, may take any steps we/they consider necessary to comply with the Settlement Rules or Applicable Laws.

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. – 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 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 means the settlement rules of the ASTC as amended or replaced from time to time.

Settlement Rules means the ASX Settlement Operating Rules, being the official operating rules of the settlement facility provided by ASX Settlement Pty Ltd.