Clearing and Settlement Sample Clauses

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. With respect to the 2009 II/B Preferred Securities only, the Exchangors will cooperate with the Holders (or any holder of the 2009 II/B Preferred Securities) and use all commercially reasonable efforts to make the 2009 II/B Preferred Securities eligible for clearance and settlement as book-entry securities through the facilities of the DTC and listed for trading through the PORTAL Market (“PORTAL”), and will execute, deliver and comply with all material representations made to, and agreements with, DTC and PORTAL. This Section 6.3 will survive delivery of the 2009 II/B Preferred Securities in exchange for the 2006 Preferred Securities.

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.

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. For Ministry of Finance (MinFin) bond settlements, payments are made offshore in USD upon settlement of the bearer bonds at Vneshtorgbank's (VTB) office in Moscow. If the bonds are transported between the local subcustodian and VTB, the investor is exposed to transportation risk as the MinFins are bearer bonds and are not replaceable in the event they are lost, stolen, or destroyed. Foreign investors can also invest in treasury issues through the Moscow Interbank Currency Exchange (MICEX). These issues settle book-entry at MICEX in rubles only.

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. Customer is responsible for all authorized transactions in the Account and Customer agrees to pay for all Unregistered Securities by settlement date. CCMX may use available funds in the Account to settle a transaction. CCMX may require an equity deposit or a full payment before CCMX accepts Customer’s order. When executing a sale, Customer must own the Unregistered Securities at the time Customer places the order. Customer also agrees to make good delivery of the Unregistered Securities Customer is selling by settlement date. Proceeds of any sale will not be paid until CCMX has received good delivery of such Unregistered Securities and settlement is complete. Where applicable, CCMX may, at its own discretion and without prior demand or notice, freeze, sell or otherwise liquidate all or any part of any securities and other property used to secure Customer’s obligations or necessary to close any or all transactions in the Account. Customer is responsible for all debits, costs, commissions, and losses arising from any actions CCMX must take to liquidate or close transactions in the Account, or from Customer’s failure to make timely good delivery of Securities and other property. If Customer knows or suspects that Customer has received an overpayment of funds or securities, or if Customer knows or suspects that CCMX has not yet collected from the Account a fee that Customer has incurred, Customer agrees to notify CCMX in writing, as soon as Customer becomes aware of the overpayment or uncollected fee. Customer further agrees not to remove the overpayment of funds or securities or the uncollected fee from the account or to return the entire overpayment or uncollected fee to CCMX if it has already been removed from the Account. Customer agrees that Customer is required to return the full amount of the overpayment or uncollected fee to CCMX, notwithstanding any oral representations made by any CCMX representative to the contrary. If Customer fails to do so, Customer will become liable to CCMX not only for the amount of the overpayment or uncollected fee, but also for the interest and expenses associated with its recovery. Customer understands and agrees that CCMX may, for its protection, place trading, disbursement, and other restrictions on the Account and may, without prior notice, decline, cancel, or reverse Customer’s orders or instructions.