Settlement Conventions Sample Clauses

Settlement Conventions. Consistent with these Guidelines, transactions may be transacted for cash and regular (standard) settlement or for forward settlement. The Manager will utilize its trading platform, protocols and ecosystem for execution of trades. The Manager will confirm trades with counterparties, and will promptly notify the Custodian, the Administrator and the Company of agreed transactions. The Manager will instruct counterparties to deliver Eligible Short-Term Assets purchased on behalf of the Company to the SMCCF Cash Reinvestment Sub-Account against payment therefor or to otherwise deliver Eligible Short-Term Assets as agreed by the Manager, the Custodian and the Company. The Manager will cooperate with the Custodian and counterparties to effect such settlement and to resolve any settlement or other operational issues promptly. EXHIBIT B POWER OF ATTORNEY DATE: , 2020 RE: CORPORATE CREDIT FACILITIES LLC (THE “CLIENT”) ACCOUNT NUMBER: ATTENTION: THIS IS TO CONFIRM THE APPOINTMENT OF, AND ACCEPTANCE BY, BLACKROCK FINANCIAL MANAGEMENT, INC. AS INVESTMENT MANAGER TO MANAGE, SUPERVISE AND DIRECT THE INVESTMENTS OF AND FOR THE ABOVE CAPTIONED ACCOUNT (THE “ACCOUNT”), WHICH APPOINTMENT INCLUDES THE AUTHORITY TO ACT AS AGENT AND ATTORNEY-IN-FACT FOR AND ON BEHALF OF THE CLIENT WITH RESPECT TO THE ACCOUNT WITH FULL AND COMPLETE AUTHORITY (I) TO PURCHASE, SELL, EXCHANGE, CONVERT AND OTHERWISE TRANSACT IN CERTAIN SECURITIES AND CASH HELD FOR INVESTMENT AND OTHER ASSETS AS BLACKROCK FINANCIAL MANAGEMENT, INC. MAY SELECT; AND (II) TO [ESTABLISH ACCOUNTS]* AND EXECUTE SECURITIES TRANSACTIONS WITH ONE OR MORE SECURITIES BROKER/DEALER FIRMS AND OTHER FINANCIAL INTERMEDIARIES AS BLACKROCK FINANCIAL MANAGEMENT, INC. MAY SELECT; IN EACH CASE, SUBJECT TO THE TERMS AND CONDITIONS SET FORTH BY THE CLIENT PURSUANT TO THE INVESTMENT MANAGEMENT AGREEMENT, DATED MAY 11, 2020. NO CASH OR SECURITIES DUE TO OR HELD FOR THE ACCOUNT SHALL BE PAID OR DELIVERED TO BLACKROCK FINANCIAL MANAGEMENT, INC., EXCEPT IF EXPRESSLY DIRECTED AND APPROVED BY THE CLIENT. IT IS FURTHER UNDERSTOOD THAT BLACKROCK FINANCIAL MANAGEMENT, INC. MAY DELIVER TO ANY SECURITIES BROKER/DEALER FIRM EXECUTING TRANSACTIONS ON BEHALF OF THE CLIENT WITH RESPECT TO THE ACCOUNT A COPY OF THIS DOCUMENT AS EVIDENCE OF THE AUTHORITY OF BLACKROCK FINANCIAL MANAGEMENT, INC. TO ACT AS AGENT AND ATTORNEY-IN-FACT FOR AND ON BEHALF OF THE CLIENT. VERY TRULY YOURS, CORPORATE CREDIT FACILITIES LLC BY: FEDERAL RESERVE BANK OF NEW YORK ITS MAN...
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Settlement Conventions. Consistent with these Guidelines, transactions may be transacted for cash and regular (standard) settlement or for forward settlement. The Manager will utilize its trading platform, protocols and ecosystem for execution of trades. The Manager will confirm trades with counterparties, and will promptly notify the Custodian, the Administrator and the Company of agreed transactions. The Manager will instruct counterparties to deliver Eligible Short-Term Assets purchased on behalf of the Company to the PMCCF Cash Reinvestment Sub-Account against payment therefor or to otherwise deliver Eligible Short-Term Assets as agreed by the Manager, the Custodian and the Company. The Manager will cooperate with the Custodian and counterparties to effect such settlement and to resolve any settlement or other operational issues promptly. Exhibit B Power of Attorney DATE: , 2020 Re: Corporate Credit Facilities LLC (the “Client”) Account Number: Attention: This is to confirm the appointment of, and acceptance by, BlackRock Financial Management, Inc. as investment manager to manage, supervise and direct the investments of and for the above captioned account (the “Account”), which appointment includes the authority to act as agent and attorney-in-fact for and on behalf of the Client with respect to the Account with full and complete authority (i) to purchase, sell, exchange and otherwise transact in certain securities and cash held for investment and other assets as BlackRock Financial Management, Inc. may select; and (ii) to [establish accounts]* and execute securities transactions with one or more securities broker/dealer firms and other financial intermediaries as BlackRock Financial Management, Inc. may SELECT; IN EACH CASE, SUBJECT TO THE TERMS AND CONDITIONS SET FORTH BY THE CLIENT PURSUANT to the investment Management agreement (Primary Market Corporate Credit Facility), dated May [ ], 2020. No cash or securities due to or held for the Account shall be paid or delivered to BlackRock Financial Management, Inc., except if expressly directed and approved by the Client. It is further understood that BlackRock Financial Management, Inc. may deliver to any securities broker/dealer firm executing transactions on behalf of the Client with respect to the Account a copy of this document as evidence of the authority of BlackRock Financial Management, Inc. to act as agent and attorney-in-fact for and on behalf of the Client. Very truly yours, Corporate Credit Facilities LLC By: Feder...
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Related to Settlement Conventions

  • Union Conventions The chapter chairperson or his/her representative elected to attend a function of the International Union such as convention, or educational conferences, upon proper application, shall be allowed a total of five (5) days per year time off without loss of time or pay to attend such conference and/or conventions.

  • Conventions For purposes of this Article XIII, Party A means the Carrier from which a telephone number is Ported, and Party B means the carrier to which a telephone number is ported.

  • File Naming Conventions Files will be named according to the following convention: {gTLD}_{YYYY-­‐MM-­‐DD}_{type}_S{#}_R{rev}.{ext} where:

  • Measurements and arithmetic conventions All measurements and calculations shall be in the metric system and calculations done to 2 (two) decimal places, with the third digit of 5 (five) or above being rounded up and below 5 (five) being rounded down.

  • Day Conventions Unless otherwise specifically provided herein or in a Product Order, (i) “day” means a calendar day and includes Saturdays, Sundays and holidays, and (ii) if a payment falls due on a day that is not a Business Day, the payment will be due on the next Business Day thereafter.

  • Scope of the Convention Article 1

  • Convention Except as otherwise provided in this Conveyance, each calendar day, month, quarter and year shall be deemed to begin at 12:01 a.m. Central Time on the stated day or on the first day of the stated month, quarter or year, and to end at 12:00 a.m. Central Time on the next day or on first day of the next month, quarter or year, respectively.

  • Attendance at Conferences and Conventions (a) The parties to this Agreement recognize that attendance or participation at conferences, conventions, symposia, workshops and other gatherings of a similar nature contributes to the maintenance of high professional standards.

  • LEAVE FOR PROVINCIAL CONTRACT NEGOTIATIONS 1. The employer shall grant a leave of absence without pay to an employee designated by the BCTF for the purpose of preparing for, participating in or conducting negotiations as a member of the provincial bargaining team of the BCTF.

  • Recording Conversations You acknowledge and agree that we may record any telephone conversation we have with you, regardless of whether we so inform you at the time of the conversation. This helps document the transaction or conversation and helps protect both parties.

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