System Participant means a person other than the Reserve Bank and a System Provider, participating in a payment system as defined in the Payment and Settlement Systems Act, 2007;
System Participant means a party who participates in a funds transfer system or settlement system which is operated, designated or regulated by the Central Bank;
System Participant means any person other than a bank participating in a payment system as defined under Section 2 of the Payment and Settlement Systems Act, 2007 excluding a ‘System Provider2’
Examples of System Participant in a sentence
As consideration for the right to access the Exchange through the Hosted System, Participant shall pay “Participation Fees” in the total amount indicated in Exhibit B.
More Definitions of System Participant
System Participant means a system-participant, as defined in the Uncertificated Securities Regulations;
System Participant means a person authorised by the Bank under section 2(2)(b) to participate in the clearing and settlement systems; and
System Participant means a bank or any other person participating in a payment system and includes the system provider;
System Participant means Bank or any other person participating in a payment system and includes the system provider as per the PSS Act.
System Participant means a person who has access to a payment, clearing or settlement system under a contractual arrangement with a system operator;
System Participant means a member of a payment system that is authorised and recognised in the rules of that payment system or is otherwise recognised by the operator of that payment system;
System Participant means a member of the payment system management 30 body. -