Default Arrangement definition

Default Arrangement means the default arrangements for Bulk Clearing Settlement Runs of Articles (other than OTC Items), CCASS Optimiser Payment Instructions, SCCASS Optimiser Payment Instructions, CHATS Optimiser Payment Instructions and CCPO Instructions set out in Schedule I as amended from time to time.
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Default Arrangement means the default arrangements for Bulk Clearing Settlement Runs of Articles (other than OTC Items, JETCO Items, SJET Items and Credit Card Items), CCASS Optimiser Payment Instructions, SCCASS Optimiser Payment Instructions, CHATS Optimiser Payment Instructions and CCPO Instructions set out in Schedule I as amended from time to time.
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Default Arrangement means the default arrangement for Bulk Clearing Settlement Runs of Articles (other than OTC Items and Credit Card Items) set out in Schedule I as amended from time to time.
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Examples of Default Arrangement in a sentence

  • Member should note that the risk inherent in the arrangement, in particular, the Original Default Arrangement.

  • If the accrued benefits in a Member’s Pre-existing Account are only invested in the Manulife MPF Interest Fund according to the Original Default Arrangement of the Scheme, special rules and arrangement will be applied, in due course, to determine whether the accrued benefits in the Pre-existing account will be transferred to the DIS and whether the future contributions and transferred monies in such Pre-existing account will be invested in the DIS.

  • Details of the Settlement Process are set out in the Default Arrangement, except in relation to JETCO Items, SJET Items, Credit Card Items and OTC Items where the details are set out in Part IV, Part V and Part VI below.

  • Four quarry sites are proposed for housing development which will reduce the mineral reserve for limestone in the County.

  • Clearing Facilities shall be suspended by HKICL to a Member in accordance with the provisions of the Default Arrangement.

  • CONCLUSIONS AND RECOMMENDATION CONCLUSIONSAlthough not an AB 970 proposal, construction of the Sunrise Power Project would be in the “spirit” of the statute.

  • This Statement of investment beliefs, risks and policies should be read in conjunction withthe Statements of the aims and objectives for both the Default Arrangement and the investment options outside the Default Arrangement.

  • HKICL shall incur no liability to any Relevant Person for the consequences of acting on the Default Arrangement, these Clearing House Rules or the Operating Procedures or any such notice or advice given or purportedly given to any Relevant Person pursuant to this Rule 5 and/or Part IV of Schedule III.

  • Clearing Facilities provided to a Member shall be suspended in accordance with the provisions of the Default Arrangement.

  • As discussed with the management of the Company, we noted (i) that the Default Arrangement is bilateral on China Minsheng Jiaye and the Company; (ii) the Default Arrangement is designed to facilitate the Subscription; and (iii) the Default Arrangement is found to be a common practice in a typical commercial transaction.


More Definitions of Default Arrangement

Default Arrangement means an arrangement, within the meaning of regulation 3 of the Occupational Pension Schemes (Charges and Governance) Regulations 2015 (default arrangement) which would be a default arrangement within the meaning of that regulation if that regulation were modified as follows-
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Default Arrangement means an arrangement that states how, if insufficient or incorrect instructions are received by the RSA provider with respect to a rollover or transfer, the RSA provider will deal with the amount;
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Default Arrangement means an arrangement that states how, if insufficient or incorrect instructions are received by the trustee with respect to a rollover or transfer, the trustee will deal with the amount;
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Default Arrangement means the default arrangements for Bulk Clearing Settlement Runs of Articles (other
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Related to Default Arrangement

  • Significant Transaction or Arrangement means any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the material unlisted subsidiary for the immediately preceding accounting year.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of Default.

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.