Settlement Arrangement definition

Settlement Arrangement means the arrangement made between the Bank and the MAS and the Clearing House Regulations and all other arrangements made between the Bank and the MAS with respect to the clearing and settlement of the SGD CTS Articles;
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Settlement Arrangement means the arrangement made between Citibank and the MAS under the Banking (Clearing House) Regulations promulgated pursuant to the Banking Act and all other arrangements made between Citibank and the MAS with respect to the clearing and settlement of the SGD CTS Articles;
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Settlement Arrangement means the arrangement made between BNP Paribas and MyClear and all other arrangements made between BNP Paribas and MyClear with respect to the clearing and settlement of the Clearing items.
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Examples of Settlement Arrangement in a sentence

  • For purposes of this Net Settlement Arrangement (defined below), Crude Contracts shall not include Contracts in the nature of division orders.

  • If any invoice or portion of an invoice is disputed in good faith or cannot be timely verified and approved for payment, such invoice shall not be held for payment under the Net Settlement Arrangement, but shall be settled independently as soon as verified or as soon as any dispute is resolved, provided that an invoice that is partially verified or disputed shall be included in the Net Settlement Arrangement to the extent that it is verified or undisputed.

  • Notwithstanding the foregoing, each party agrees to use every reasonable effort to achieve the objective of timely verification of invoices in order to permit payment of such invoices pursuant to the terms of this Contract in the month following the Transaction Month and no dispute or lack of verification shall excuse participation in the Net Settlement Arrangement.

  • For purposes of this Net Settlement Arrangement (defined below), Agreements shall not include contracts in the nature of division orders.

  • Neither the Settlement Agreement nor the Settlement Arrangement contemplated thereunder purports to renew the Framework Services Agreement or to effectuate a material change to its terms, therefore the Company is not required to re-comply with the announcement and shareholders’ approval requirements pursuant to Rule 14A.54 of the Listing Rules.

  • The Settlement Arrangement contemplated under the Settlement Agreement is for the purpose of settlement of the FSA Loans that constitute Transactions contemplated under the Framework Services Agreement within the Annual Caps.

  • In addition, as Oceanwide Holdings is a connected person of the Company, the Shareholder Loan as a result of the Settlement Arrangement constitutes a connected transaction for the Company under Chapter 14A of the Listing Rules.

  • If any invoice or portion of an invoice is disputed in good faith or cannot be timely verified and approved for payment, such invoice or portion of such invoice shall not be held for payment under the Net Settlement Arrangement, provided that an invoice that is partially verified or disputed shall be included in the Net Settlement Arrangement to the extent that it is verified or undisputed.

  • Notwithstanding the foregoing, each party agrees to use every reasonable effort to achieve the objective of timely verification of invoices in order to permit payment of such invoices pursuant to the terms of this Agreement in the month following the Transaction Month and no dispute or lack of verification shall excuse participation in the Net Settlement Arrangement.

  • The Board is of the opinion that the Settlement Arrangement will reduce the interest costs borne by the Company, which will in turn improve the performance of the Company.


More Definitions of Settlement Arrangement

Settlement Arrangement means the arrangement made between BNP Paribas and Paynet and all other arrangements made between BNP Paribas and Paynet with respect to the clearing and settlement of the Clearing items.
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Settlement Arrangement means a group whose Participants have designated a Settlement Agent to deliver a Settlement File to the Processing Reserve Bank in order to settle the Balances resulting from the clearing activities
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Settlement Arrangement means a group whose Participants have designated a Settlement Agent to deliver a Settlement File to the
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Settlement Arrangement the arrangement under the Settlement Agreement to settle the Remaining Consideration in full by means of the Transfer “Shareholder(s)” holder(s) of the share(s) in the share capital of the Company “SPA” the sale and purchase agreement dated 28 August 2019 and entered into between the JV Company and Xxxxxx Xxxx in relation to the Acquisition, further details of which are set out in the announcements of the Company dated 28 August 2019 and 3 September 2019
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Settlement Arrangement means all arrangements made by the Bank with respect to the clearing and settlement of the SGD CTS Articles or Non-SGD CTS Articles.
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Related to Settlement Arrangement

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • legal arrangement means a trust or other similar arrangement;

  • referral arrangement means any arrangement in which a registrant agrees to pay or receive a referral fee;

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.