THE TASE CLEARING HOUSE definition

THE TASE CLEARING HOUSE. The clearing house of the Tel-Aviv Stock Exchange Ltd.
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THE TASE CLEARING HOUSE. The clearing house of the Tel-Aviv Stock Exchange Ltd. The Bond conditions (the Conditions Recorded in the Overleaf) are an integral part of the provisions of the Trust Deed; the provisions of the Trust Deed shall be deemed as if expressly included in these Bond conditions. In any instance of a contradiction between that stated in the Bond and that stated in the Trust Deed, the provisions of the Trust Deed shall prevail.
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THE TASE CLEARING HOUSE. The Tel Aviv Stock Exchange Clearing House Ltd. 2. The Debentures For details regarding the Debentures (Series B), see Section 2 of the Deed of Trust. 3. Terms of the Debentures (Series B) Offered under the Prospectus (a) Registered Debentures (Series B) of NIS 1 par value each. The Debentures (Series B) shall be repayable in three (3) yearly installments, on January 31 of each of the years from 2024 to 2026, (inclusive), such that the first two payments shall constitute 33.33% - 76 - of the total par value of the Debentures (Series B) and the third and final payment shall constitute 33.34% of the total par value of the Debentures (Series B). The first principal payment shall be paid on January 31, 2024, whereas the final principal payment shall be paid on January 31, 2026. (b) The outstanding balance of the principal of the Debentures (Series B) shall bear fixed annual interest at a rate to be determined in a tender (subject to adjustments in the event of a change in the rating of the Debentures (Series B)5 and/or noncompliance with a financial covenant as set forth in Sections 5.2 and 5.3 of the Deed of Trust and/or arrears interest, if any). (c) The Debentures (Series B) shall not be linked to any index or any linkage basis. (d) The interest on the Debentures (Series B) shall be paid twice per year, on January 31 and July 31 of each of the years from 2020 to 2026, starting on July 31, 2020, and up to January 31, 2026 (inclusive). Except for the first interest period (as it is defined below), any interest rate payment will be for the six-month period ended on the day prior to the date of payment (hereinafter: "the Interest Period"). (e) The first payment of principal of the Debentures (Series B) shall be made on April 31, 2024, and the final principal payment shall be made on January 31, 2026. The first payment of interest on the Debentures (Series B) shall be made on July 31, 2020, for the period commencing on the first trading day after the tender date of the Debentures (Series B), and ending on the last day before the first interest payment date (namely, on July 30, 2020) (hereinafter: "the First Interest Period"), calculated according to the actual days in that period based on 365 days in a year. The interest rate payable for a particular interest period (excluding the first interest period) (i.e. the period commencing on the payment day of the previous interest period and ending on the last day before the next payment date after the commencement the...
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Examples of THE TASE CLEARING HOUSE in a sentence

  • The TASE Clearing House will credit the accounts of the respective TASE Clearing House members that hold our Ordinary Shares of record as of February 29, 2016 with one subscription right per nine Ordinary Shares held in such accounts.

  • The TASE Clearing House shall provide clearing services for the Convertible Bonds subject to the receipt of the appropriate permits from the Israeli Securities Authority, the TASE, the TASE Clearing House, and/or from any other authority.

  • The TASE Clearing House members will notify their respective beneficial owners as soon as possible to ascertain their intentions and to obtain instructions with respect to the Subscription Rights.

  • The TASE Clearing House members must send completed Subscription Certificates for all shares subscribed for through the exercise of the Basic Subscription Right and the Oversubscription Right to the TASE Clearing House at least two TASE trading days prior to the applicable expiration date, or [ ], 2010, unless the expiration date is extended.

Related to THE TASE CLEARING HOUSE

  • Clearing House means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

  • Automated Clearing House or “ACH” means a national and governmental organization that has authority to process electronic payments, including, but not limited to, the national automated clearing house association and the federal reserve system.

  • recognised clearing house means an organisation recognised as such pursuant to FSMA;

  • Clearing House Rules means the Certificate of Incorporation, the By- Laws and any rule, interpretation, stated policy, or instrument corresponding to any of the foregoing, in each case as adopted or amended from time to time by the Clearing House relating to any or all of the Swaps.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • ACH means automated clearing house transfers.

  • EFT means electronic funds transfer.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Automated Message Accounting (AMA means the structure that is inherent in switch technology that initially records Telecommunication message information. AMA format is contained in the Automated Message Accounting document published by iconectiv (formerly known as Telcordia) as GR-1100-CORE, which defines and amends the industry standard for message recording.

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

  • Clearinghouse means the Federal Motor Carrier Safety Administration Commercial Driver's License Drug and Alcohol Clearinghouse.

  • ACH Network means the funds transfer system, governed by the NACHA Rules, that provides funds transfer services to participating financial institutions.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Data Services The Customer will receive a discount equal to 25% for the following Data Services: Access: Standard VBS2 Guide local loop charges for DS-1 Access and DS-3 Access Service.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.