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. (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.

Examples of Clearing Corporation in a sentence

  • The procedure relating to the handling of orders shall be subject to the rules of the National Securities Clearing Corporation (NSCC) and any instructions that we shall forward from time to time to all members of the Selling Group.

  • The parties may effect transactions in shares of the Fund through the Fund/SERV service of the National Securities Clearing Corporation (“NSCC”) and, if applicable, may maintain account records through the NETWORKING service of the NSCC, all in accordance with NSCC requirements.

  • Without limitation of the foregoing, Fund Services 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 Fund and the intermediary.


More Definitions of Clearing Corporation

Clearing Corporation means as defined in section 554.8102.
Clearing Corporation shall have the meaning given such term in Section 8-102(a)(5) of the UCC.
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 an organization through which trades in options or standardized futures are cleared and settled;
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 The Clearing Corporation of India Ltd. as registered under the Companies Act.
Clearing Corporation means an organization through which trades in specified derivatives are cleared and settled;