Clearing Corporation definition

Clearing Corporation. The meaning specified in Section 8-102(a)(5) of the UCC.

Clearing Corporation means each entity included within the meaning of “clearing corporation” under Section 8-102(a)(5) of the UCC.

Clearing Corporation means as defined in section 554.8102.

Examples of Clearing Corporation in a sentence

• Without limitation of the foregoing, USB Fund Services GFS shall not be responsible for providing anti-money laundering or customer identification services with respect to certain intermediary or dealer-controlled customer accounts (i.e., level 0 sub-accounts through the Fund/SERV system operated by the National Securities Clearing Corporation) and other fund client relationships where there is a sub-transfer agency or similar arrangement between the Trust and the intermediary.

• ACX Ltd (“ACX Ltd”) and ACX Clearing Corporation Ltd (“ACC Ltd”), collectively “ACX” hereafter, are licensed by the Financial Services Regulatory Authority (“FSRA”) of the Abu Dhabi Global Market (“ADGM”) as a Recognised Investment Exchange and a Recognised Clearing House respectively.

• The Intermediary shall deposit, and direct and otherwise cause each issuer, obligor, guarantor, Clearing Corporation or other applicable Person to pay and deposit into the Accounts under and in accordance with the Indenture all Cash distributions and all other Cash payments and proceeds in respect of the Collateral, until such time as the Trustee may otherwise direct the Intermediary in accordance with this Agreement and the Indenture.

More Definitions of Clearing Corporation

Clearing Corporation. (i) Clearstream, (ii) DTC, (iii) Euroclear and (iv) any entity included within the meaning of “clearing corporation” under Section 8-102(a)(5) of the UCC.

Clearing Corporation. “Entitlement Holder”, “Financial Asset”, “Indorsement”, “Securities Account”, “Securities Intermediary”, “Security”, “Security Entitlement” and “Uncertificated Security” have the respective meanings set forth in Article 8 of the NYUCC.

Clearing Corporation means an organization through which trades in options or standardized futures are cleared and settled;

Clearing Corporation means any entity or system established for purposes of providing securities settlement and movement and associated functions for a given market.

Clearing Corporation means DTC, or any other clearing system specified in the Note Certificate(s) and their respective successors and "Clearing Corporations" means all of the foregoing.

Clearing Corporation means any "clearing corporation," as such term is defined in Article or Chapter 8 of the UCC, and in any event shall include, but not be limited to, any (a) Person that is registered as a "clearing agency" under the federal securities laws, (b) federal reserve bank, or (c) other Person that provides clearance or settlement services with respect to Financial Assets that would require it to register as a clearing agency under the federal securities laws but for an exclusion or exemption from the registration requirement, if its activities as a clearing corporation, including, without limitation, promulgation of rules, are subject to regulation by a Governmental Authority.

Clearing Corporation means 1 or more of the following: