Clearing Facilities definition

Clearing Facilities means all premises, personnel, machinery, equipment, facilities, software, operational and processing systems, computer systems including CHATS and FPS, arrangements and procedures for or in relation to the services provided by and the operation of the Clearing House.
Clearing Facilities means Clearstream and Euroclear.
Clearing Facilities means all premises, personnel, machinery, equipment, facilities, hardware, software, operational and processing systems, arrangements, and procedures for or in relation to the services provided by and the operation of the Clearing House for Hong Kong Dollars/US Dollars/Renminbi respectively (as the case may be), including Clearing House Automated Transfer System (“CHATS”), the clearing and settlement of Paper Cheques and Electronic Clearing (“ECG”), JETCO items and CHATS Optimiser Payment Instructions (the latter two terms as defined in the Hong Kong Dollar Clearing House Rules of HKICL) and/or other facilities as the Bank may approve from time to time;

Examples of Clearing Facilities in a sentence

  • The term "SF(CF)R" means the Securities and Futures (Clearing Facilities) Regulations 2013.

  • The resumption of normal operation of the Clearing Facilities shall be in accordance with the Operating Procedures.

  • During a Non-Clearing Day, the Clearing Facilities that are operable shall be operated in accordance with the Operating Procedures and any other circulars issued by HKICL dealing with the operation of the Clearing Facilities during periods of suspension.

  • SI and each Member shall jointly and severally indemnify and hold MA harmless in respect of any liability, claim, loss, damage or expense hereinbefore described in this Rule 2.3.5, such indemnity to survive the expiry or termination of any Member's use of the Clearing House or Clearing Facilities.

  • After reading, such themes and unexpected aspects can be written down along with other ideas for angles from which to analyze the text or transcript.

  • After such consultation HKICL will give notice in writing to all Members, JETCO, Credit Card Companies, HKSCC, OTC Clear and the relevant GD Settlement Centre in respect of clearing and settlement of e- Cheques, as to which of the Clearing Facilities will be available on the next Working Day.

  • HKICL shall keep confidential all information received from or collected on behalf of Members in connection with the Clearing House and/or Clearing Facilities and shall, except as otherwise required by law or pursuant to these Rules and/or the Operating Procedures, disclose the same only to those of its staff who require the information for the purpose of providing, managing and operating the Clearing House and/or the Clearing Facilities, or to MA or the Association.

  • In a case to which Rule 5.1, 5.2 or 5.3 applies, Clearing Facilities shall only be restored to the Member in question upon receipt by HKICL of a notice in writing to such effect from MA.

  • HKICL shall as agent for SI, subject to the provisions of these Clearing House Rules and in accordance with the Operating Procedures, provide, manage and operate the Clearing House and the Clearing Facilities and make available the services of the Clearing House and the Clearing Facilities to the Members.

  • These Guidelines on the Regulation of Clearing Facilities (“Guidelines”) are issued by the Monetary Authority of Singapore (“MAS”) pursuant to section 321 of the Securities and Futures Act (Cap.


More Definitions of Clearing Facilities

Clearing Facilities means all premises, personnel, machinery, equipment, facilities, hardware, software, operational and processing systems, arrangements, and procedures for or in relation to the services provided by and the operation of the Clearing House for
Clearing Facilities means all premises, personnel, machinery,equipment, facilities, software, operational and processing systems, arrangements, and procedures for or in relation to the services provided by and the operation of the Clearing House, including CHATS and the clearing settlement of paper cheques and ECG (both as defined in US Dollar Clearing House Rules).
Clearing Facilities means The Depository Trust Company.

Related to Clearing Facilities

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Project Facilities means equipment to be provided and the facilities to be constructed, upgraded, or rehabilitated under the Project;

  • Facilities means the Plant and Equipment to be supplied and installed, as well as all the Installation Services to be carried out by the Contractor under the Contract.

  • City Facilities means city- or publicly-owned structures or equipment located within the right-of-way or public easement used for governmental purposes.

  • Holding facility means a designated area for the retention of

  • Resource recovery facility means a solid waste facility