Clearing Facilities definition

Clearing Facilities means all premises, personnel, machinery, equipment, facilities, software, operational and processing systems, computer systems including CHATS and FPS, arrangements and procedures for or in relation to the services provided by and the operation of the Clearing House.
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Clearing Facilities means Clearstream and Euroclear.
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Clearing Facilities means all premises, personnel, machinery, equipment, facilities, hardware, software, operational and processing systems, arrangements, and procedures for or in relation to the services provided by and the operation of the Clearing House for Hong Kong Dollars/US Dollars/Renminbi respectively (as the case may be), including CHATS, ECG, e-Cheque Services, the Faster Payment System, JETCO items and CHATS Optimiser Payment Instructions (the latter two terms as defined in the Hong Kong Dollar Clearing House Rules of HKICL) and / or other facilities as the Bank may approve from time to time;
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Examples of Clearing Facilities in a sentence

  • HKICL shall be entitled with MA’s and the Association’s approval to issue operating procedures (“Operating Procedures”) for the Clearing House and the Clearing Facilities and to amend such Operating Procedures from time to time as it thinks fit.

  • No Member shall use or provide in Hong Kong any facilities for clearing of cheques and other negotiable instruments in Hong Kong dollars drawn on Members, and GD Cheques in Hong Kong dollars drawn payable on GD Banks, and for processing of direct debits and credits, funds transfers, e-Cheques and other banking transactions in each case in Hong Kong dollars other than the Clearing House and Clearing Facilities provided by HKICL (either directly or through a sub-contractor).

  • Notwithstanding any provisions in these Clearing House Rules but without prejudice to HKICL’s obligations in respect of the management and operation of the Clearing House and the Clearing Facilities, HKICL and MA shall be under no liability whatsoever for any settlement obligations of or between Members.

  • Each Member shall be entitled to the use of the Clearing House and the Clearing Facilities subject to the provisions of these Clearing House Rules, the Conditions and any agreement between that Member and MA.

  • Notwithstanding any provisions in these Clearing House Rules but without prejudice to its obligations in respect of the management and operation of the Clearing House and the Clearing Facilities, HKICL shall be under no liability whatsoever for any settlement obligations of or between Members.

  • Each Member shall be entitled to the use of all or part of the Clearing House and the Clearing Facilities subject to the provisions of these Clearing House Rules and any agreement between that Member and SI.

  • A Member may withdraw from membership of the Clearing House by giving 60 days' prior written notice to CB and HKICL and by paying the accrued fees and other payments, if any, due by it to HKICL in relation to the Clearing House and the Clearing Facilities up to the date of withdrawal.

  • Notwithstanding any provisions in these Clearing House Rules but without prejudice to HKICL’s obligations in respect of the management and operation of the Clearing House and the Clearing Facilities, MA, HKICL and CB shall be under no liability whatsoever for any settlement obligations of or between Members or between CB and Members.

  • HKICL shall be entitled with CB's and MA's approval to issue Operating Procedures for the Clearing House and the Clearing Facilities and to amend such Operating Procedures from time to time as it thinks fit with CB's and MA's approval.

  • Each Member shall be entitled to the use of all or part of the Clearing House and the Clearing Facilities subject to the provisions of these Clearing House Rules and any agreement between that Member and CB.


More Definitions of Clearing Facilities

Clearing Facilities means The Depository Trust Company.
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Clearing Facilities means all premises, personnel, machinery,
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Clearing Facilities means all premises, personnel, machinery, equipment, facilities, hardware, software, operational and processing systems, arrangements, and procedures for or in relation to the services provided by and the operation of the Clearing House for
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Clearing Facilities means all premises, personnel, machinery,equipment, facilities, software, operational and processing systems, arrangements, and procedures for or in relation to the services provided by and the operation of the Clearing House, including CHATS and the clearing settlement of paper cheques and ECG (both as defined in US Dollar Clearing House Rules).
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Related to Clearing Facilities

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Transmission Owner Interconnection Facilities means all Interconnection Facilities that are not Customer Interconnection Facilities and that, after the transfer under Tariff, Attachment P, Appendix 2, section 5.5 to the Interconnected Transmission Owner of title to any Transmission Owner Interconnection Facilities that the Interconnection Customer constructed, are owned, controlled, operated and maintained by the Interconnected Transmission Owner on the Interconnected Transmission Owner’s side of the Point of Interconnection identified in appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System or interconnected distribution facilities. The “Transmission Provider” shall be the Office of the Interconnection for all purposes, provided that the Transmission Owners will have the responsibility for the following specified activities:

  • Project Facilities means all the amenities and facilities situated on the Site, as described in Schedule-C;

  • Facilities means any and all real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Company or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Outsourcing facility means a facility that is engaged in the compounding of sterile drugs and is currently registered as an outsourcing facility with the U.S. Secretary of Health and Human Services and that complies with all applicable requirements of federal and state law, including the Federal Food, Drug, and Cosmetic Act.

  • Resource recovery facility means a solid waste facility

  • Transmission Owner Attachment Facilities means that portion of the Transmission Owner Interconnection Facilities comprised of all Attachment Facilities on the Interconnected Transmission Owner’s side of the Point of Interconnection.