Clearing House Sample Clauses

Clearing House. 7.1 The Clearing House is a tax-free financial reserve that provides for the financial stability of the RIPE NCC.
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Clearing House. Participant shall defend, indemnify and hold the Clearing House harmless from and against all Losses directly or indirectly incurred by the Clearing House arising out of an act or omission of Participant in relation to a Transaction or Participant’s use of the Services or the System.
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Clearing House. It refers to the clearing house established at the Exchange or any such other entity assigned to perform the clearing of the trading performed at the Borsa Istanbul Futures and Options Market (VIOP) or at such other organized markets.
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Clearing House. 7.1 In any given year the financial surplus or deficit of the RIPE NCC is accounted for in a separate reserve of the RIPE NCC called the Clearing House.
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Clearing House. Fiserv Account #: ------------------------- DTC #: 0632 Name on Account: Xxxxx Xxxxxxxx Escrow Account
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Clearing House. Notwithstanding any other provision elsewhere contained in this Agreement, in no event shall the Bank be liable to any Fund or any third party for special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.
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Clearing House. The purpose of the Clearing House is to implement the logic specific to user projects and slices. The tasks of the Clearing House are to verify the user permissions, the operations performed on the slices, the slice policies, and the behaviour specification for each slice and between slices. Aggregate Managers (AMs) Aggregate Managers are entities with identical (or similar) interfaces, that can be put in a recursive architecture. This means, that these entities have an identical (or similar) interface. This applies to the north and south bound interface, so that they can be stacked. An Aggregate Manager serves resource booking and monitoring requests by either: • Pre-processing/checking the request (e.g. against policies), breaking it up and delegating it further (down) or • Managing the booking itself o If it does perform the booking itself it is called Resource Manager (RM) • Same thing for monitoring requests. This means an AM hides complexity of the lower AMs and collects information of the lower entities. Currently there are two kinds of AMs in production OCF: VT AM, for virtualized servers and Opt-in Manager for OF resources. The first one originally uses a custom XMLRPC API and RSpec which describes both the action to perform and the resources affected. The Opt-in uses also an XMLRPC API and GENIv1 OF RSpec. Nevertheless SFA APIs were added to these AMs, as also new AMs are about to be integrated in OCF in order to fulfil FIBRE Federation framework as it will be explained in following sections. The architecture defines that AMs and RMs may form a hierarchical chain, also due to the fact they all speak the same APIs and have the same authorization and authentication frameworks. This will be achieved since all the different AM/RMs will be based on the same package which can be considered as the base toolset to build XXXXXX AMs. It encapsulates common tasks which are performed by every AM/RM, such as Authentication & Authorization, interfaces such as the native XXXXXX API, GENI API v2 and v3 and common AM/RM abstractions and mechanisms, like booking and monitoring logic. The aggregation of AMs is something allowed by the architecture itself and may be implemented depending on the specific management requirements (resource aggregation). The architecture also defines that AM/RM component may implement policies locally according to the operational needs. Figure 2 depicts the OCF architecture in a more general way, decoupled of a specific implementation.
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Clearing House. An entity who processes [transfer orders]2) received from institutions and who is responsible for their netting, also, if applicable, a possible central counterparty or a possible settlement agent.
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Related to Clearing House

  • Funds Transfer The Administrative Agent will, in its sole discretion, determine the funds transfer system and the means by which each transfer will be made. The Administrative Agent may delay or refuse to accept a funds transfer request if the transfer would: (i) violate the terms of this authorization, (ii) require use of a bank unacceptable to the Administrative Agent or any Lender or prohibited by any Governmental Authority, (iii) cause the Administrative Agent or any Lender to violate any Federal Reserve or other regulatory risk control program or guideline or (iv) otherwise cause the Administrative Agent or any Lender to violate any Applicable Law or regulation.

  • Cash Management Services Funds received by Transfer Agent in the course of performing its services hereunder will be held in demand deposit bank accounts or money market fund accounts in the name of Transfer Agent (or its nominee) as agent for the Funds.

  • Funds Transfers With respect to each Instruction for a Cash transfer, when the Instruction is to credit or pay a party by both a name and a unique numeric or alpha-numeric identifier (e.g., IBAN or ABA or account number), BNY Mellon and any other bank participating in the Cash transfer will be entitled to rely solely on such numeric or alpha-numeric identifier, even if it identifies a party different from the party named. Such reliance on an identifier will apply to beneficiaries named in the Instruction, as well as any financial institution that is designated in the Instruction to act as an intermediary in such Cash transfer. To the extent permitted by applicable law, the Parties will be bound by the rules of any transfer system used to effect a Cash transfer under this Agreement.

  • Cash Management System Each Borrower shall, and shall cause its Subsidiaries to, establish and maintain the Cash Management Systems described below:

  • Wire Transfer All settlements in accordance with this Agreement shall be made by wire transfer of immediately available funds on the due date, or if such day is not a Business Day, on the next day which is a Business Day, pursuant to the following wire transfer instructions: [ ]. Payment may be made by check payable in immediately available funds in the event the party entitled to receive payment has failed to provide wire transfer instructions.

  • Clearing Account If the Servicer finds it necessary to use a clearing account, the following guidelines must be followed:

  • Wire Transfers Coordinate and implement bank-to-bank wire transfers in connection with Series share purchases and redemptions by Institutions;

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;

  • Cash Management Systems On or prior to the Closing Date, Borrowers will establish and will maintain until the Termination Date, the cash management systems described in Annex C (the “Cash Management Systems”).

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