the Ordinance definition
Examples of the Ordinance in a sentence
We are duly authorized pursuant to Ordinance No. 00000-00-0000, Ordinance No. 00000-00-0000 and Ordinance No. -02-2025 (collectively, the "Ordinance") with respect to the City's Water and Sewer System Commercial Paper Notes, Callable CP Series, established by the Ordinance in an aggregate principal amount at any one time outstanding not to exceed $700,000,000 (the "Commercial Paper Notes").
Every contract executed on the HKFE shall be subject to the charge of an applicable Investor Compensation Fund levy and a levy pursuant to the Ordinance, the cost of both of which shall be borne by the Client.
Unless otherwise authorized by Client in the Client Securities Standing Authority or other written authorisation, any securities held in Hong Kong by IBHK for safekeeping on behalf of the Client may, at IBHK's discretion, be deposited in safe custody in a segregated account that is designated as a trust or client account with an authorized financial institution as defined in the Ordinance, an Approved Custodian or another intermediary licensed by the SFC for dealing in securities in each case in Hong Kong.
Additionally, the City of Xxx Arbor has the right to modify, terminate, cancel or suspend a contract in the event of a violation of the Ordinance.
The liability of the Investor Compensation Fund will be restricted to valid claims as provided for in the Ordinance and the relevant subsidiary legislation and will be subject to the monetary limits specified in the Securities and Futures (Investor Compensation-Compensation Limits) Rules and accordingly there can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Investor Compensation Fund in full, in part or at all.