Assured Payment definition

Assured Payment means, in relation to those Securities specified by the Custodian under the Assured Income Payment Service, an amount equal to the interest, dividends or periodic income that is due to the Client in respect of such Securities less any taxes, duties, levies, charges or any other withholding payments payable in respect of such interest, dividends or periodic income.
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Assured Payment means a payment obligation of a Settlement Bank arising (under the Assured Payment Agreement) as a result of a transfer of stock or other securities to a CGO stock account of a member of the CGO for whom that Settlement Bank is acting;
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Assured Payment means, in the case of securities transferred through the Relevant
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Examples of Assured Payment in a sentence

  • If the loan of Securities in respect of which such Collateral was provided has not been discharged when the Collateral is redelivered, the Assured Payment obligation generated on such redelivery shall be deemed to constitute a payment of money which shall be treated as Cash Collateral until the loan is discharged, or further Equivalent Collateral is provided later during that Business Day.

  • The Custodian will pay coupon interest payments and maturities according to the Fixed Income Collections Assured Payment Schedule in Appendix 11 and convert the local proceeds to another currency if the Client has so instructed in Appendix 8.

  • Subject to Clauses 6(C) and 6(H), the Cash Collateral shall be repaid at the same time as Equivalent Securities in respect of the borrowed Securities are redelivered PROVIDED THAT when redelivery of Equivalent Securities is effected through the CGO, the Assured Payment obligation generated by such redelivery shall constitute a repayment of Cash Collateral.

  • The Custodian will pay coupon interest payments and maturities according to the Fixed Income Collections Assured Payment Schedule in Appendix 14 and convert the local proceeds to another currency if the Client has provided standing Instructions in Appendix 11.

  • Tenant who occupies or will occupy a Tax Credit Unit is required to sign a Lease Addendum for LIHTC Properties.


More Definitions of Assured Payment

Assured Payment means, in the case of Gilts transferred through the Relevant Settlement
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Assured Payment means a payment obligation of a Settlement Bank arising (under the Assured Payment Agreement) as a result of a transfer of stock or other securities to a CGO stock account of a member of the CGO for whom that Settlement Bank is acting; Table of Contents
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Assured Payment means, in the case of shares transferred through the
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Assured Payment means an agreement dated 24 October 1986 between the AGREEMENT" Bank of England and all the other banks which are for the time being acting as Settlement Banks in relation to the CGO regulating the obligations of such banks to make payments in respect of transfers of securities through the CGO as supplemented and amended from time to time;
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Assured Payment means, in relation to those Securities specified by the Bank under the Assured Income Payment Service, an amount equal to the interest, dividends or periodic income that is due to the Customer in respect of such Securities less any taxes, duties, levies, charges or any other withholding payments payable in respect of such interest, dividends or periodic income.
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Assured Payment means, in the case of Euro-denominated Government Bonds
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Assured Payment means, in the case of Swiss Confederation Bonds transferred through
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