TARGET2 System definition

TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) system or any successor thereto.
TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System.
TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007.

Examples of TARGET2 System in a sentence

  • Business Days/Payment Days: (a) Additional Business Centre(s) (Condition 3.13)The applicable Additional Business Centre for the purposes of the definition of "Business Day" in Condition 3.13 is a day upon which the TARGET2 System is open(b) Financial Centre(s) or other special provisions relating to Payment Days for the purposes of Condition 4(a):TARGET2 System9.


More Definitions of TARGET2 System

TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (known as TARGET2) System which was launched on 19 November 2007 or any successor thereto.
TARGET2 System means Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System;
TARGET2 System means the Trans European Automated Real Time Gross Settlement Express Transfer System which uses a single shared platform and which was launched on 19 November 2007 or any successor thereto.
TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer payment system which utilises a single shared platform and which launched on 19 November 2007 (or any successor thereto).
TARGET2 System means the the second-generation Trans-European Automated Real-time Gross settlement Express Transfer System.
TARGET2 System means the Trans-European Automated Real-time Gross settlement Express Transfer system governed by the Guideline of the European Central Bank (ECB/2012/27) of 5 December 2012.
TARGET2 System means the automatic European system for gross settlement of payments in real time regulated by the European Central Bank’s Guideline of 5 December 2012 (ECB/2012/27);