We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

CLS Bank definition

CLS Bank means CLS Bank International, an Edge corporation organized under the laws of the United States of America;
CLS Bank means CLS Bank International, an Edge Act corporation under Section 25A of the United States Federal Reserve Act, as amended, and a Member which maintains a CHATS Ledger Account with MA.
CLS Bank means CLS Bank International, or any other subsidiary of CLS Group Holdings AG and, in each case, any successor thereto and/or in each case any subsidiary thereof.

Examples of CLS Bank in a sentence

  • Clearing Corporation shall enable the settlement of eligible instructions of Members through CLS Bank by availing the third party services of a Settlement Bank.

  • In the event the exposures of the Clearing Corporation on the members for the trades for a settlement date which are already submitted to CLS Bank for settlement exceed the limit applicable for the member the Clearing Corporation may, at its sole and absolute discretion, unilaterally rescind any or all trades of such member without any further reference to it, so as to bring the exposure within the limit.

  • Settlement of all trades shall be governed by rules of CLS Bank in this regard.

  • CLS Bank Int’l, 573 U.S. 208 (2014); Ass’n for Molecular Pathology v.

  • On February 8, 2013, the en banc Federal Circuit heard arguments in CLS Bank v.

  • CLS Bank Int’l, 573 U.S. 208, 216 (2014).In determining whether a claim falls within an excluded category, we are guided by the Supreme Court’s two-step framework, described in Mayo and Alice.

  • CLS Bank International (2014).250 The Court of Appeals recently invalidated method and DNA molecule claims that had not been challenged in the case that went to the Supreme Court.251 The US Supreme Court has thus imposed constraints on patentable subject matter in a major patent case for four years in a row, and lower courts are abid- ing by the new jurisprudence.

  • The Members (except CLS Bank) who require Special Posting, or any Member (other than CLS Bank) when it is requested by HKICL to do so, should prepare a Special Posting authorisation letter and the instructions for Special Posting in electronic format and pass them to HKICL for triggering the operation of the Special Posting.

  • Eurex Clearing AG will instruct CLS Bank to transfer, following the credit of all amounts in all currencies owed to Eurex Clearing AG to the relevant CLS Central Bank Account(s) in the normal course of business, the relevant amounts to the relevant Currency Products Cash Accounts of the relevant Clearing Members in accordance with such instructions.

  • CLS Bank Intern., Supreme Court Docket No. 13-298, opinion below, CLS Bank Intern.

Related to CLS Bank

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • KeyBank means KeyBank National Association.

  • PNC Bank means PNC Bank, National Association.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • Non-U.S. Bank means a Person that is not a United States Person and that is not described in Section 881(c)(3) of the Code.

  • U.S. Bank means U.S. Bank National Association.

  • Bank of America means Bank of America, N.A. and its successors.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Bank is defined in the preamble hereof.

  • Mizuho means Mizuho Bank, Ltd.

  • Rabobank means Coöperatieve Rabobank U.A., New York Branch.

  • Fifth Third means Fifth Third Bank, National Association.

  • MSBNA shall have the meaning assigned to such term in the preamble to this Agreement.

  • JPMorgan means JPMorgan Chase Bank, N.A.