SHCH definition
Examples of SHCH in a sentence
SHCH by way of security irrevocably appoints OTC Clear as its attorney (with full power of substitution), on its behalf and in its name or otherwise, at such time and in such manner as the attorney thinks fit, to do anything and execute any documents which ▇▇▇▇ is obliged to do or execute (but has not done or executed) under any Documents and to exercise any of the rights conferred on OTC Clear in relation to the Security Assets, under or in connection with any Documents or generally under Hong Kong law.
SHCH shall supply to OTC Clear promptly such information regarding the Security Assets and its compliance with this Agreement as OTC Clear may reasonably request.
The Manager shall not permit the funds of the Company to be commingled with the funds of any other Person, including the funds of SH/CH II.
The Security created by SHCH by or in connection with any Inter-CCP Rates Derivatives Contracts or Documents is separate from and independent of the Security created or intended to be created by any other person by or in connection with any Inter-CCP Rates Derivatives Contracts or Documents.
The SIDHAS team provided technical support to the pharmacy units to strengthen DTCs at GH Ogoja, ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Memorial Hospital Calabar, and Sacred Heart Catholic Hospital (SHCH), Obudu.
If for any reason such agent ceases to be able to act as agent or no longer has an address in Hong Kong, SHCH shall forthwith appoint a substitute agent acceptable to OTC Clear and deliver to OTC Clear the new agent’s name, address and fax number in Hong Kong.
If any discharge, release or arrangement (whether in respect of the obligations of SHCH or any security for those obligations or otherwise) is made by OTC Clear in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of SHCH and the Security Interests will continue or be reinstated as if the discharge, release or arrangement had not occurred.
Such service shall be deemed completed upon delivery to such agent (whether or not it is forwarded to and received by SHCH) and shall be valid until such time as OTC Clear has received prior written notice that such agent has ceased to act as agent for SHCH.
SHCH shall, and hereby authorises OTC Clear (on behalf of SHCH and OTC Clear) to, give notice of the assignment and charge in Clause 2 (Creation of security interests) (in a form agreed between SHCH and OTC Clear) on the date of this Agreement and SHCH shall use its best endeavours to ensure that the recipient of that notice signs and returns the relevant form of acknowledgement.
SHCH and OTC Clear are entering into this Agreement in connection with the Clearing Link Agreement.