Examples of Delivering Member in a sentence
Phone: ……………………………………………… E-mail: ……………………………………………… The Member Stamp and Signature Place and date: …………………………… AREA C&S Fax: 00.000.00.000 C.c. Delivering Member ………………………………………… ………………………………………… Pursuant to Article B.6.5.4, paragraph 5 of the Instructions, the Member General Individual …………………………….......…………………………………………..............
A Late Delivering Member also may be subject to fine by the Corporation, if the Corporation determines that such is appropriate in order to promote an orderly settlement process.
If the Corporation accepts an Exception Delivery of Exception Securities, the Exception Delivering Member shall be deemed to have loaned such Exception Securities to the Corporation, and such Exception Securities shall constitute a Pool Net Long Position of such Member.
In addition, the ability to delete such assets would make the process more efficient by allowing Receiving Members to make such deletions in the ACATS system rather than having to reject such transfer requests, requiring the Delivering Member to either resend another transfer request through ACATS or to manually transfer assets without such mutual fund products not using ACATS.
If the Delivering Member fulfills its ACATS delivery obligation, then its short position is cancelled, and the cash debit for the mark is offset by a cash credit.