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Bulk Clearing Settlement Run definition

Bulk Clearing Settlement Run means a settlement run effected through CHATS for the settlement of Articles on a bulk clearing and/or settlement basis as provided in these Clearing House Rules.

Examples of Bulk Clearing Settlement Run in a sentence

  • All Articles (or information relating thereto and/or (where permitted) images thereof contained in Electronic Media) to be processed in a Bulk Clearing Settlement Run must be delivered at the Clearing House by the relevant appointed time.

  • Settlement completed and will be deemed final.According to the timetable for commencement of the Bulk Clearing Settlement Run for the respective Articles, CCASS Optimiser Payment Instructions, SCCASS Optimiser Payment Instructions, CHATS Optimiser Payment Instructions and CCPO InstructionsII.

  • ExceptionParagraphs II, III, IV and V of this Schedule shall not apply to a Bulk Clearing Settlement Run for SCASSN Participant Items which pursuant to Part III paragraphs D.7 and D.8 of Schedule III is deferred until the next Working Day.VII.

  • For instance, riders entering the system at Vienna are equally likely to use the Farragut connection as riders entering at Dunn Loring, West Falls Church, and all other Orange Line stations east of Farragut West.

  • For the avoidance of doubt, the Settlement Holds are only applicable up to the debit Settlement Amount of theMember concerned and a Settlement Hold will not affect the utilization of funds in the CHATS Ledger Account which exceeds the debit Settlement Amount relating to the Bulk Clearing Settlement Run for which the Settlement Process has commenced.

  • Access by Direct Participants to the Settlement Amounts of the Bulk Clearing Settlement Run concerned (“First Settlement”) to Direct Participants via the MBT.Completion of clearing or return processing of relevant Articles, as the case may be, but prior to settlementii.

  • Access by Members to the Settlement Amounts of the Bulk Clearing Settlement Run and amounts of CCASS Optimiser Payment Instructions, SCCASS Optimiser Payment Instructions, CHATS Optimiser Payment Instructions and CCPO Instructions scheduled to be settled simultaneously with the Bulk Clearing Settlement Run concerned (“First Settlement”) to Members via the eMBT.Completion of clearing or return processing of relevant Articles, as the case may be, but prior to settlementii.

  • Settlement completed and will be deemed final.According to the timetable for commencement of the Bulk Clearing Settlement Run for the respective Articles II.

  • The Interest Adjustment Scheme does not apply to amounts payable or receivable in a Bulk Clearing Settlement Run of Credit Card Items, E-bill Payments, Returned E-bill Payments due to refund, SCCASS Participant Items (other than further amendments to SCCASS Participant Items reported by Members to CCASS after completion of the Bulk Clearing Settlement Run for SCCASS Participant Items but before 20.00 hours on Day D) and OTC Items.

  • Access by Members to the Settlement Amounts of the Bulk Clearing Settlement Run and amounts of CCASS Optimiser Payment Instructions, SCCASS Optimiser Payment Instructions, CHATS Optimiser Payment Instructions and CCPO Instructions scheduled to be settled simultaneously with the Bulk Clearing Settlement Run concerned (“First Settlement”) to Members via the MBT.Completion of clearing or return processing of relevant Articles, as the case may be, but prior to settlementii.

Related to Bulk Clearing Settlement Run

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Maximum Settlement Amount means the maximum amount The Company is required to pay pursuant to this Settlement, which is the sum of Seven Hundred and Fifty Thousand Dollars ($750,000.00), inclusive of any of The Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Individual Settlement Payment means the amount payable from the Net

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.