CCPMPNet Settlement Run definition

CCPMPNet Settlement Run means a settlement run which is (i) effected through CHATS for the settlement of CCPMPNet Payment Instructions and CCPMPNet Optimiser Payment Instructions on a net settlement basis as provided in these Clearing House Rules, and (ii) effected only if the Clearing House Computer confirms that a corresponding CCPMPNet Settlement Run (“Corresponding CCPMPNet Settlement Run”) in another relevant currency will be effected at the same time.
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Related to CCPMPNet Settlement Run

  • Net Settlement Fund means the Settlement Fund less: (i) any Taxes;

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • 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.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

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

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.