Clearing House Computer definition
Clearing House Computer means (i) the computer system of the Clearing House (a) to which Members may connect to effect CHATS Transactions and other transactions through the Clearing House as the case may be via the SWIFT network, (b) to which Members (except CLS Bank) may connect through the MBT in order to perform administrative functions related to CHATS Transactions (other than initiating/receiving payment instructions) or submit instructions relating to Special Posting transactions as stipulated in the Operating Procedures, (c) to which CLS Bank connects its CLS System in order to effect CHATS Transactions and other transactions through the Clearing House as the case may be, (d) to which OTC Clear connects its system in order to transmit OTC Clear Debit Requests for the generation of OTC Clear Payment Instructions through the Clearing House and (e) to which other computer systems may connect in order to effect CHATS Transactions and other transactions through the Clearing House as the case may be; and (ii) other computer system(s) in respect of the Clearing House.
Clearing House Computer means (i) the computer system of the Clearing House (a) to which Direct Participants may connect to effect CHATS Transactions and other transactions through the Clearing House as the case may be via the SWIFT network, (b) to which Direct Participants may connect through the MBT in order to perform administrative functions related to CHATS Transactions (other than initiating/receiving payment instructions) or submit instructions relating to Special Posting transactions as stipulated in the Operating Procedures, (c) to which OTC Clear connects its system in order to transmit OTC Clear Debit Requests for the