Relevant Settlement System definition

Relevant Settlement System means the settlement system as detailed in the List of Contract
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Relevant Settlement System means Euroclear France, CREST or (in the case of Monte Titoli Registered Instruments) T2S, as the case may be;
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Relevant Settlement System means Euroclear France, Monte Titoli or CREST, as the case may be;
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Examples of Relevant Settlement System in a sentence

  • To be effective, the international system needs to deliver stability in prices and allow exchange rate movements that reflect fundamentals.

  • Any amounts payable under Rule RRRR.11 shall be made outside the Relevant Settlement System.

  • Only a Settlement Agent with a Settlement Account at the Relevant Settlement System may be used for the purposes of making or taking delivery of shares under a Delivery Contract by transfer of shares through such Relevant Settlement System and making or receiving payment of the settlement amount under a Delivery Contract in accordance with these Contract Rules, unless these Contract Rules otherwise require or permit.

  • Subject to Rule KKKKK.18(e), securities which are the subject of suspension or termination of dealings which are required to be delivered in respect of a Delivery Contract shall be delivered through the Relevant Settlement System on the Settlement Day in accordance with these Contract Rules.

  • Subject to Rule MMMMM.18(e), shares which are the subject of suspension or termination of dealings which are required to be delivered in respect of a Delivery Contract shall be delivered through the Relevant Settlement System on the Settlement Day in accordance with these Contract Rules.

  • Subject to Rule IIIII.19(e), securities which are the subject of suspension or termination of dealings which are required to be delivered in respect of a Delivery Contract shall be delivered through the Relevant Settlement System on the Settlement Day in accordance with these Contract Rules.

  • OOOOO.5 SETTLEMENT AGENT (a) Only a Settlement Agent with a Settlement Account at the Relevant Settlement System may be used for the purposes of making or taking delivery of securities under a Contract by transfer of securities through such Relevant Settlement System and making or receiving payment of the settlement amount under a Contract in accordance with these Contract Rules, unless these Contract Rules otherwise require or permit.

  • VVVVV.3 DELIVERY DETAILS Where the Relevant Delivery Procedures so require, Clearing Members shall have given to the Clearing House in accordance with the Relevant Delivery Procedures the delivery details referred to in Rules UUUUU.9(a) and UUUUU.10(a) in order to facilitate settlement of Contracts through the Relevant Settlement System.

  • TTTTT.1 SETTLEMENT PROCEDURESAll deliveries under a Contract must be made in accordance with the Rules of the Relevant Settlement System with respect to the settlement of contracts through the Relevant Settlement System and the relevant Contract Rules, Administrative Procedures and Relevant Delivery Procedures.

  • TTTTT.2 DELIVERY DETAILSWhere the Relevant Delivery Procedures so require, Clearing Members shall have given to the Clearing House in accordance with the Relevant Delivery Procedures the delivery details referred to in Rules SSSSS.7(a) and SSSSS.8(a) in order to facilitate settlement of Contracts through the Relevant Settlement System.


More Definitions of Relevant Settlement System

Relevant Settlement System means the settlement system as detailed in the Table.
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Relevant Settlement System means Euroclear NV/SA or Clearstream Banking AG as the context
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Relevant Settlement System means Euroclear France, Monte Titoli or CREST, as the case may be; "Resolution" has the meaning given in the Programme Agreement;
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Related to Relevant Settlement System

  • relevant system means a relevant system for the holding and transfer of shares in uncertificated form;

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;