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Clearing Institution definition

Clearing Institution means KDPW_CCP S.A. in which transactions in treasury bonds concluded on the Market are cleared in accordance with Annex I;
Clearing Institution means, respectively, the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A - KDPW), in which transactions in Treasury Bonds are cleared, or the National Bank of Poland where transactions in Treasury Bills are cleared;
Clearing Institution means, respectively, the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A - KDPW), in which transactions in Treasury bonds are settled, or the National Bank of Poland leading the Registry of Securities (Rejestr Papierów Wartościowych – RPW), in which transactions in Treasury bills are settled;

Examples of Clearing Institution in a sentence

  • Other General Provisions 95.1 Duration of Disclosure 95.2 Clearing Institution / Dispute Resolution Management 91.

  • Guarantee deposit with Clearing Institution of RR 20 000 is restricted cash, i.e. not available for the purposes of funding Bank’s activities.

  • The account opened specifically for the Fund shall be separate from the respective proprietary asset accounts of the Fund Manager, the Fund Custodian, the Sales Institution and the Registration and Clearing Institution, as well as other Fund asset accounts.

  • Such technical risk arises with the Fund Manager, the Fund Custodian, the Registration and Clearing Institution, the Sales Institutions, the stock exchanges, and the securities registration and clearing institution, etc.

  • In addition, the Issuer and the Paying Agent will not have any responsibility for the proper performance by the relevant Clearing Institution or its participants of their obligations under their respective rules, operating procedures and calculation methods.

  • In the case of technical failure of the systems of the Fund Manager, the Registration and Clearing Institution, or the Sales Institution handling the custody transfer procedures or for other legitimate reasons, the custody transfer business can be suspended or the Unitholders' application for custody transfer may be rejected.

  • In the event of a refusal to recognize as a Clearing Institution, any person that has made an application for recognition shall be afforded an opportunity for a hearing on the record before the Authority, with the right to appeal an adverse decision after such hearing to the Federal High Court.

  • When the Investor’s application for Redemption is accepted, the Fund Manager will pay the Redemption amount to the bank account of the Unitholder within Day T+7 (including Day T+7) through the Registration and Clearing Institution and related Sales Institutions.

  • The Purchase confirmation by the Registration and Clearing Institution shall be taken as final.

  • ACM Auction Market is an organized auction market, which trades commodities in Indonesia with the auction system and insurance mechanism of the Clearing Institution.


More Definitions of Clearing Institution

Clearing Institution means Euroclear Netherlands. Closing Date means 17 December 2021 or such later date as may be agreed between the Issuer, the Seller and the Notes Purchaser. Code means the U.S. Internal Revenue Code of 1986.
Clearing Institution or "clearing organization" means a domestic bank or similar financial institution recognized by the Commission;

Related to Clearing Institution

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • Covered institution or "Institution" means, on and after the effective date of the initial management agreement with the Commonwealth of Virginia, a public institution of higher education of the Commonwealth that has entered into a management agreement with the Commonwealth to be governed by the provisions of Subchapter 3 of the Restructuring Act.