Clearing and Settlement. The Bank may present and deliver Instruments for payment, clearing, collection, acceptance or otherwise through any bank or other party and in any manner as it deems appropriate. The Bank may also accept and deliver any form of settlement or payment for any Instrument as it deems appropriate.
Clearing and Settlement. The Company and the Trust will cooperate with the Purchaser (or any holder of the Preferred Securities) and use all commercially reasonable efforts to make the Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the Depository Trust Company (“DTC”) and listed for trading through the PORTAL Market (“PORTAL”), and will execute, deliver and comply with all representations made to, and agreements with, DTC and PORTAL. This Section 6.3 will survive delivery of and payment for the Preferred Securities.
Clearing and Settlement. Primary dealers have the choice of using VP Securities, Euroclear or Clearstream. Primary dealers in Danish T-bills will have the right to use the Central- Government's Securities Lending Facility for T-bills. The purpose of the securities lending facilities is to supplement and strengthen market efficiency. Considering the functioning of the repo-market, primary dealers in Danish T-bills shall make every effort to support a well-functioning market, and to prevent occurrence of in- tended market failures. Information on the terms for Central-Government's Securi- ties Lending Facilities for T-bills" is given below.
Clearing and Settlement. The entire processes that facilitate cash transfer between the parties in accordance with the deposited collateral and through fulfillment by the members, within the time period and on the conditions set forth by Takasbank, of the obligations arising in relation to the transactions conducted in the Market.
Clearing and Settlement. RBC may present and deliver Instruments for payment, clearing, collection, acceptance or otherwise through any bank or other party and in any manner as it deems appropriate. RBC may also accept and deliver any form of settlement or payment for any Instrument as it deems appropriate.
Clearing and Settlement. All Instruments must comply with Applicable Law and any other specifications provided by Royal Bank. Royal Bank may present and deliver Instruments for payment, clearing, collection, acceptance or otherwise through any financial institution or other Person, and in any manner, as it deems appropriate. Royal Bank may also accept and deliver any form of settlement or payment for any Instrument as it deems appropriate. Instruments are subject to the Applicable Law of each jurisdiction in which they are processed, including any intermediary jurisdiction in which they are processed through, and the Customer is responsible to ensure all Instruments comply with such Applicable Law. Royal Bank is not responsible for any Losses relating to an Instrument which contravenes Applicable Law.
Clearing and Settlement. The Counterparty is required to ensure that it is aware of its clearing and settlement obligations in terms of the Act and the JSE Rules and Directives, details of which will be provided by NS to the counterparty upon the counterparty’s request. NS will provide best execution in respect of transactions which it undertakes for and on behalf of the Client in that it will deal at a price that is no less favourable than the price that is the best available in the market at the time, for transactions of the kind and size concerned. NS may allocate transactions to a specifically designated suspense account and issue single brokers notes or electronic confirmations to various other clients for transactions in the same security on the same day, by allocating the transactions at an average price. On these occasions the brokers note or electronic confirmations will disclose the following additional information: (i) the fact that the price is an average price within the first and last trade, and (ii) that the price and times of each transaction are available from NS on request. NS shall furnish the Client with a monthly statement of the Client's account showing details of any change in the investments held on the Client's behalf including any cash held by JSET/Money Market account on the Client's behalf at the date of the statement of account. Such details shall include, but shall not be limited to, the period for which the investments were held and the amount of interest paid by JSET/Money Market account in respect of cash held by JSET/Money Market account on the Client's behalf: The Client should report to NS any disputes in respect of monthly statements within five (5) business days after receipt of the statement, failing which, and in the absence of evidence to the contrary, the statement will be presumed to be correct.
Clearing and Settlement. While the LGO Platform matches buyers and sellers of Digital Assets, Client understands that if it places an order through the LGO Platform and a Transaction is effectuated, it will be settled, if settled, by LGO as an intermediary with the corresponding Counterparty as-needed after reconciliation (“Settlement”).
Clearing and Settlement. Settlements in Russia are non-DVP. For equity settlements, the payments are usually handled offshore in USD after the shares are reregistered on the books of the company or its registrar. However, the only evidence of the registration is a company "extract" which is a photocopy of the appropriate page from the register reflecting the new shareholder's name. The extract does not have a legal basis for establishing ownership in the event of a loss.
Clearing and Settlement. During the Term of this Agreement, TSYS will continue to be a provider of merchant accounting and clearing and settlement services to COMPANY.
