Clearing House Sample Clauses

Clearing House. 7.1 The Clearing House is a tax-free financial reserve that provides for the financial stability of the RIPE NCC. 7.2 The General Meeting will each year decide on whether the RIPE NCC’s financial result will be added or deducted to or from the Clearing House reserve or will be redistributed among the Members. The General Meeting may also decide to redistribute a one-off amount from the Clearing House to the Members.
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Clearing House. Participant shall defend, indemnify and hold the Clearing House harmless from and against all Losses directly or indirectly incurred by the Clearing House arising out of an act or omission of Participant in relation to a Transaction or Participant’s use of the Services or the System.
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Clearing House. 7.1 The Clearing House is a tax-free financial reserve that provides for the financial stability of the RIPE NCC. 7.2 The General Meeting will each year decide on whether the RIPE NCC's financial result will be added or deducted to or from the Clearing House reserve or will be redistributed among the Members. The General Meeting may also decide to redistribute a one-off amount from the Clearing House to the Members. 7.3 The RIPE NCC Clearing House Procedure stipulates the details of a potential redistribution as referred to in Art 7.2. A Member's share of a potential redistribution shall be credited to the Member on the service fee of the year following the year that the General Meeting has decided on the redistribution. 7.4 The Member may participate in the Clearing House procedure, provided that it has fulfilled the service fee payment in accordance with Art. 5 for the relevant year referred to in Art 7.2. 7.5 In the event the RIPE NCC Standard Service Agreement is terminated in the financial year referred to in Article 7.2, the Member will not participate in the Clearing House procedure.
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Clearing House. Notwithstanding any other provision elsewhere contained in this Agreement, in no event shall the Bank be liable to any Fund or any third party for special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.
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Clearing House. An entity who processes [transfer orders]2) received from institutions and who is responsible for their netting, also, if applicable, a possible central counterparty or a possible settlement agent.
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Clearing House. 7.1 In any given year the financial surplus or deficit of the RIPE NCC is accounted for in a separate reserve of the RIPE NCC called the Clearing House. 7.2 The Clearing House may equal a maximum of three times the total amount of the RIPE NCC service fees in the relevant financial year. If and when the previously mentioned maximum is exceeded, the RIPE NCC Clearing House Procedure is executed, in the year following the relevant financial year. 7.3 The Clearing House procedure stipulates that the excess amount shall be returned to the Members in proportion to the level of the service fees paid in the relevant financial year and the two previous years. This excess amount shall be credited to the Member on the service fee of the year following the year that the Clearing House procedure has taken place. 7.4 Only the Members that have fulfilled the service fee payment for the relevant financial year take part in the Clearing House procedure. 7.5 In the event the RIPE NCC Standard Service Agreement is terminated in the financial year referred to in Article 7.2, the Member will not participate in the Clearing House procedure.
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Clearing House. The purpose of the Clearing House is to implement the logic specific to user projects and slices. The tasks of the Clearing House are to verify the user permissions, the operations performed on the slices, the slice policies, and the behaviour specification for each slice and between slices. Aggregate Managers are entities with identical (or similar) interfaces, that can be put in a recursive architecture. This means, that these entities have an identical (or similar) interface. This applies to the north and south bound interface, so that they can be stacked. An Aggregate Manager serves resource booking and monitoring requests by either: • Pre-processing/checking the request (e.g. against policies), breaking it up and delegating it further (down) or • Managing the booking itself o If it does perform the booking itself it is called Resource Manager (RM) • Same thing for monitoring requests. This means an AM hides complexity of the lower AMs and collects information of the lower entities. Currently there are two kinds of AMs in production OCF: VT AM, for virtualized servers and Opt-in Manager for OF resources. The first one originally uses a custom XMLRPC API and RSpec which describes both the action to perform and the resources affected. The Opt-in uses also an XMLRPC API and GENIv1 OF RSpec. Nevertheless SFA APIs were added to these AMs, as also new AMs are about to be integrated in OCF in order to fulfil FIBRE Federation framework as it will be explained in following sections. The architecture defines that AMs and RMs may form a hierarchical chain, also due to the fact they all speak the same APIs and have the same authorization and authentication frameworks. This will be achieved since all the different AM/RMs will be based on the same package which can be considered as the base toolset to build XXXXXX AMs. It encapsulates common tasks which are performed by every AM/RM, such as Authentication & Authorization, interfaces such as the native XXXXXX API, GENI API v2 and v3 and common AM/RM abstractions and mechanisms, like booking and monitoring logic. The aggregation of AMs is something allowed by the architecture itself and may be implemented depending on the specific management requirements (resource aggregation). The architecture also defines that AM/RM component may implement policies locally according to the operational needs. Figure 2 depicts the OCF architecture in a more general way, decoupled of a specific implementation.
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Clearing House. Fiserv Account #: ------------------------- DTC #: 0632 Name on Account: Xxxxx Xxxxxxxx Escrow Account
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Clearing House. It refers to the clearing house established at the Exchange or any such other entity assigned to perform the clearing of the trading performed at the Borsa Istanbul Futures and Options Market (VIOP) or at such other organized markets.
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Related to Clearing House

  • Electronic Funds Transfer Upon reinstatement by Xxxxxxxx, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.

  • Electronic Funds Transfers By signing the Account Card, completing and transmitting an online account card or service request, or signing or using the Visa Debit Card, or Home Banking service you agree to the following terms governing your and our rights and responsibilities concerning the electronic funds transfer services, as applicable. Terms and conditions set forth elsewhere in this Agreement shall also apply to your electronic funds transfer service. Electronic funds transfers ("EFTs") are electronically initiated transfers of money through direct deposits, automated teller machines ("ATMs"), point of sale transactions, debit card purchases, audio response transactions and online transactions involving your deposit accounts at the Credit Union.

  • Funds Transfer The Administrative Agent will, in its sole discretion, determine the funds transfer system and the means by which each transfer will be made. The Administrative Agent may delay or refuse to accept a funds transfer request if the transfer would: (i) violate the terms of this authorization, (ii) require use of a bank unacceptable to the Administrative Agent or any Lender or prohibited by any Governmental Authority, (iii) cause the Administrative Agent or any Lender to violate any Federal Reserve or other regulatory risk control program or guideline or (iv) otherwise cause the Administrative Agent or any Lender to violate any Applicable Law or regulation.

  • Electronic Funds Transfer (EFT) The recipient/cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply: 1. The payment recipient does not have an account at a financial institution. 2. EFT creates a financial hardship because direct deposit will cost the payment recipient more than receiving a check. 3. The payment recipient has a physical or mental disability, or a geographic, language, or literacy barrier. In order to receive EFT payments the recipient/cooperator shall register in the System for Award Management (XXX). You may register by going to xxx.xxx.gov and following the instructions provided online. For assistance, contact the XXX User Help by contacting the supporting Federal Service Desk at (000)000-0000 or xxx.xxx.xxx .

  • Cash Management Services Funds received by Transfer Agent in the course of performing its services hereunder will be held in demand deposit bank accounts or money market fund accounts in the name of Transfer Agent (or its nominee) as agent for the Funds.

  • Funds Transfers With respect to each Instruction for a Cash transfer, when the Instruction is to credit or pay a party by both a name and a unique numeric or alpha-numeric identifier (e.g., IBAN or ABA or account number), BNY Mellon and any other bank participating in the Cash transfer will be entitled to rely solely on such numeric or alpha-numeric identifier, even if it identifies a party different from the party named. Such reliance on an identifier will apply to beneficiaries named in the Instruction, as well as any financial institution that is designated in the Instruction to act as an intermediary in such Cash transfer. To the extent permitted by applicable law, the Parties will be bound by the rules of any transfer system used to effect a Cash transfer under this Agreement.

  • Sweep or Automated Cash Management Upon receipt of Instructions, the Custodian shall invest any otherwise uninvested cash of any Fund held by the Custodian in a money market mutual fund, a cash deposit product, or other cash investment vehicle made available by the Custodian from time to time, in accordance with the directions contained in such Instructions. A fee may be charged or a spread may be received by the Custodian for investing the Fund’s otherwise uninvested cash in the available cash investment vehicles or products. The Custodian shall have no responsibility to determine whether any purchases of money market mutual fund shares or any other cash investment vehicle or cash deposit product by or on behalf of the Fund under the terms of this section will cause any Fund to exceed the limitations contained in the 1940 Act on ownership of shares of another registered investment company or any other asset or portfolio restrictions or limitations contained in applicable laws or regulations or the Fund’s prospectus. The Fund agrees to indemnify and hold harmless the Custodian from all losses, damages and expenses (including attorney’s fees) suffered or incurred by the Custodian as a result of a violation by such Fund of the limitations on ownership of shares of another registered investment company or any other cash investment vehicle or cash deposit product.

  • Cash Management System On or prior to the Closing Date and until the Termination Date, Borrower will establish and maintain the cash management system described in Schedule D. All payments in respect of the Collateral shall be made to or deposited in the blocked or lockbox accounts described in Schedule D in accordance with the terms thereof.

  • Wire Transfer All settlements in accordance with this Agreement shall be made by wire transfer of immediately available funds on the due date, or if such day is not a Business Day, on the next day which is a Business Day, pursuant to the following wire transfer instructions: [ ]. Payment may be made by check payable in immediately available funds in the event the party entitled to receive payment has failed to provide wire transfer instructions.

  • Fire Department Service Charge We will pay up to $500 for your liability assumed by contract or agreement for fire department charges incurred when the fire department is called to save or protect covered property from a Peril Insured Against. We do not cover fire department service charges if the property is located within the limits of the city, municipality or protection district furnishing the fire department response. This coverage is additional insurance. No deductible applies to this coverage.

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