Examples of Clearing Entity in a sentence
EnCC is a Clearing Entity according to section 2.8.(3) In deviation from para 2 above, Market Coupling Clearing Transactions and Transactions in Market Coupling Contracts are concluded between ECC and the Market Coupling Counter- party in accordance with the more detailed provision in section 3.3.3 subsection 4.
If the shareholder is a Recognized Clearing Entity or its agent, the shareholder may authorize at least one person as it deems appropriate to be its proxy in any shareholders’ meeting or any classified shareholders’ meeting; however, if two or more persons are so authorized, the authorization letter shall specify the number and the category of shares involved in the authorization to each of such person.
The person(s) so authorized shall exercise the rights on behalf of the Recognized Clearing Entity or its agent as if such authorized person is one natural person shareholder of the Bank.
DVP settlement as defined by the DVP Rules issued by the Clearing Entity.
The Borrower will instruct its BR to submit a loan return request to the Clearing Entity to initiate the return of loaned securities.
The SLB Intermediation Fees are however subject to Value Added Tax(VAT) on the total fees calculated and invoiced by the Clearing Entity.
This completed form shall be submitted by the BR to the Clearing Entity.
Where a Lender uses a Local Custodian, the name of the investor associated with the NIN will be considered as the Lender by the Clearing Entity.
This completed form shall be submitted by the Lender’s LR to the Clearing Entity.
However, the Lender must register with the Clearing Entity the designated account for transfer of loaned securities in relation to lending requests.