BenchMark Finance definition

BenchMark Finance means “BenchMark Finance” JSC, investment intermediary, holding a licence for conducting an activity as investment intermediary No: WP-03-0212/09.05.2006 and license of Bulgarian National Bank No:103/17.06.2005 for transactions in foreign currency as private equity house with headquarters located in Sofia, Lozenets region, Viskiar Planina Street, No:19, 2nd floor.
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Examples of BenchMark Finance in a sentence

  • BenchMark Finance has the right to withhold all amounts due from the client before the transfer of his/her assets – his/her funds, and in case of non-payment of its financial obligations by the client, insufficient cash or negative cash balance on the client's accounts, BenchMark Finance will comply with the order, the conditions and the procedures under art.

  • BenchMark Finance pays the client's funds on the basis of the instructions submitted by the client in one of the following ways: in cash at the desk in BenchMark Finance in compliance with the requirements of the Law on Restriction of Cash Payments or to a bank account specified by the client where he/she is the account beneficiary.

  • Irrespective of the actions taken by BenchMark Finance to close the positions, if as a result the closer, the balance on the client's account is negative (loss is realized), the client is obliged to pay BenchMark Finance an amount equal to the realized negative cash balance.

  • The funds received as result of the official closure of the positions shall be paid to the client in compliance with the procedure under item 6.3. Irrespective of the actions taken by BenchMark Finance to close the positions, if as a result of the closure, the balance on the client's account is negative (loss is realized), the client is obliged to pay BenchMark Finance an amount equal to the realized negative cash balance.

  • In the case of official closure of positions opened in the trading platforms on international markets, the client unconditionally agrees with the price levels at which BenchMark Finance has closed those positions.

  • When selling the client's assets, the terms and the procedure under Article 64 of the General Terms and Conditions applicable to the contracts with clients of BenchMark Finance shall be observed.

  • All amendments or addendums (supplements, additions) to the General Terms and Conditions/ or the Tariff of BenchMark Finance are published on the website of the investment intermediary, and the published documents indicate the date of their adoption and date of entry into force.

  • The guarantee deposit covers these risks, including the value of cash and financial instruments on the client's accounts with BenchMark Finance.

  • In all cases of an official closing of the positions, the client unconditionally agrees with the price levels at which BenchMark Finance has closed the client's positions.

  • BenchMark Finance is not responsible for future changes in the quotations and has no obligation to the client in connection with subsequent fluctuations in the quotation of the financial instrument on the closed disputable client’s position/margin transaction.

Related to BenchMark Finance

  • Appraisal management services means one or more of the following:

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Commercial Partners means any third party with whom a contract is lawfully concluded for the exploitation of the Commercial Rights;

  • Commercial Services means any waste management service, relating or connected to accumulating, collecting, managing, recycling, sorting, storing, treating, transporting, disposing, buying or selling of waste or any other manner of handling waste excluding services rendered by the municipality;

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Investment Management Services means any services which involve: (i) the management of an investment account or Fund (or portions thereof or a group of investment accounts or Funds); (ii) the giving of advice with respect to the investment and/or reinvestment of assets or funds (or any group of assets or funds); or (iii) otherwise acting as an “investment adviser” within the meaning of the Investment Advisers Act of 1940, as amended, including, without limitation, in each of the foregoing cases, performing activities related or incidental thereto.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • California Renewables Portfolio Standard means the renewable energy program and policies codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions may be amended or supplemented from time to time.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Appraisal management company means, in connection with valuing properties collateralizing mortgage loans or mortgages incorporated into a securitization, any external third party that oversees a network or panel of more than fifteen certified or licensed appraisers in this state or twenty-five or more nationally within a given year, that is authorized either by a creditor of a consumer credit transaction secured by a consumer's principal dwelling or by an underwriter or other principal in the secondary mortgage markets that engages in appraisal management services.

  • CFPC means the College of Family Physicians of Canada.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Senior citizen center means a facility having the primary purpose of providing services to the aged as defined in Section 62A-3-101.

  • Special Services means all forms of services pertaining

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.