Distributed Ledger Cash Record definition

Distributed Ledger Cash Record means, in relation to a Member Participant, a record on the Distributed Ledger of the Cash (in the relevant Settlement Currencies) which such Member Participant is entitled to;
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Distributed Ledger Cash Record means, in relation to a Member Participant, a record on the Distributed Ledger of the Cash (in the relevant Settlement Currency or such other currency as approved by BondEvalue) which such Member Participant is entitled to;
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Distributed Ledger Cash Record means, in relation to a Member Participant or a Digital Custodian (as applicable), a record on the Distributed Ledger of the Cash (in the relevant Settlement Currency or such other currency as approved by BondEvalue) which such Member Participant or a Digital Custodian (as applicable) is entitled to;
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Examples of Distributed Ledger Cash Record in a sentence

  • A Member Participant must have sufficient cash or, as the case may be, BondbloX standing to the balance of the Distributed Ledger Cash Record or, as the case may be, Distributed Ledger BondbloX Record prior to such trade.

  • Following such communication, the System records the withdrawal of Cash in the Member Participant’s Distributed Ledger Cash Record.

  • A Member Participant must have sufficient balance in its Distributed Ledger Cash Record prior to any such withdrawal.

  • BondEvalue shall be entitled to apply any sums denominated in any currency standing to the credit of the Distributed Ledger Cash Record of any Member Participant in satisfaction of any sum denominated in any currency due or payable by such Member Participant to BondEvalue, whether actual or contingent, and whether solely or jointly with any other person.

  • These consist of sufficiency checks on the amounts recorded on the Distributed Ledger BondbloX Record and the Distributed Ledger Cash Record, as relevant, for the relevant Member Participants before the Order enters the orderbook.

  • A withdrawal of Underlying Bonds or Deposited Bonds Property may only be effected where there is sufficient balance in the Distributed Ledger BondbloX Record or, as the case may be, the Distributed Ledger Cash Record on the Master Ledger prior to any such withdrawal.

  • In the case where the Banker requires a matching and settlement of the Cash Deposit Instructions, upon matching and settlement of the Cash Deposit Instructions by a Banker and the communication of such matching and settlement by the Banker to BondEvalue and by BondEvalue to the System, the System records the deposit of Cash in the Member Participant’s Distributed Ledger Cash Record.

  • In the case where the Banker does not require any matching and settlement of the Cash Deposit Instructions, upon receipt by a Banker of the deposit of cash and the communication of such receipt by the Banker to BondEvalue and by BondEvalue to the System, the System records the deposit of cash in the Member Participant’s Distributed Ledger Cash Record.

  • The calculated amount will be earmarked from each Member Participant’s Distributed Ledger Cash Record and payable by each Member Participant on 21 March, 21 June, 21 September and 21December in each yearOthers-BondEvalueBondEvalue may charge any other fees as it deems appropriate.

  • The calculated amount will be earmarked from each Member Participant’s Distributed Ledger Cash Record and payable by each Member Participant on 21 March, 21 June, 21 September and 21December in each yearOthers-BondEvalueBondEvalue may charge any other fees as it deems appropriate (including any such fees for specific transactions where deemed appropriate by BondEvalue in its sole discretion).

Related to Distributed Ledger Cash Record

  • Lower-Tier Distribution Amount As defined in Section 5.02(a).

  • Residual Distribution Amount For any Distribution Date, with respect to the Class R-1 Residual Interest, any portion of the REMIC I Available Distribution Amount for Loan Group 1 and Loan Group 2 remaining after all distributions of the REMIC I Available Distribution Amount pursuant to clauses (a), (b) and (c) (other than the last subclause of clause (c)) of the definition of “REMIC I Distribution Amount”. For any Distribution Date, with respect to the Class R-2 Residual Interest, any portion of the REMIC II Available Distribution Amount remaining after all distributions of the REMIC II Available Distribution Amount pursuant to the definition of “REMIC II Distribution Amount” (other than the distribution pursuant to the last clause thereof). For any Distribution Date, with respect to the Class R-3 Residual Interest and for Loan Group 1 and Loan Group 2, any portion of the REMIC III Available Distribution Amount for Loan Group 1 and Loan Group 2, respectively, remaining after all distributions of such REMIC III Available Distribution Amount pursuant to clauses (I)(A), (I)(B), (I)(C), (II)(A) and (II)(B), as applicable, of the definition of “REMIC III Distribution Amount” (other than the distributions pursuant to the last subclause of clauses (I)(C), (II)(A) and (II)(B)). Upon termination of the obligations created by this Agreement and liquidation of REMIC I, REMIC II and REMIC III, the amounts which remain on deposit in the Certificate Account after payment to the Holders of the REMIC III Regular Interests of the amounts set forth in Section 9.01 of this Agreement, and subject to the conditions set forth therein, shall be distributed to the Class R-1, Class R-2 and Class R-3 Residual Interests in accordance with the preceding sentences of this definition as if the date of such distribution were a Distribution Date.

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • REMIC I Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.

  • Lower Tier Principal Distribution Amount With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount and (ii) the Lower Tier Accrual Amount, if any.

  • REMIC II Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC II Remittance Rate for REMIC II Regular Interest AA minus the Marker Rate, divided by (b) 12.

  • Tax Distribution Date has the meaning set forth in Section 4.01(b)(i).

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Pool Distribution Amount As to any Distribution Date and Loan Group, the excess of (a) the sum of (i) the aggregate of (A) the interest portion of any Monthly Payment on a Mortgage Loan in such Loan Group (net of the Servicing Fee) and the principal portion of any Monthly Payment on a Mortgage Loan in such Loan Group due on the Due Date in the month in which such Distribution Date occurs and which is received prior to the related Determination Date (or in the case of any Monthly Covered Amount, the related Remittance Date) and (B) all Periodic Advances and payments of Compensating Interest made by the Servicer in respect of such Loan Group and Distribution Date deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(vii); (ii) all Liquidation Proceeds received on the Mortgage Loans in such Loan Group during the preceding calendar month and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(iii); (iii) all Principal Prepayments (other than Total Covered Amounts) received on the Mortgage Loans in such Loan Group during the month preceding the month of such Distribution Date and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(i) during such period and all Total Covered Amounts received and deposited in the Servicer Custodial Account by the related Remittance Date; (iv) in connection with Defective Mortgage Loans in such Loan Group or Converted Mortgage Loans, as applicable, the aggregate of the Repurchase Prices and Substitution Adjustment Amounts deposited on the related Remittance Date pursuant to Section 3.08(b)(vi); (v) any other amounts in the Servicer Custodial Account deposited therein pursuant to Sections 3.08(b)(iv), (v) and (ix) in respect of such Distribution Date and such Loan Group; (vi) any Reimbursement Amount required to be included pursuant to Section 5.02(a) and (vii) any Recovery with respect to such Distribution Date over (b) any (i) amounts permitted to be withdrawn from the Servicer Custodial Account pursuant to clauses (i) through (vii), inclusive, of Section 3.11(a) in respect of such Loan Group and (ii) amounts permitted to be withdrawn from the Certificate Account pursuant to clauses (i) and (ii) of Section 3.11(b) in respect of such Loan Group.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Certificate Distribution Amount means, as of any Payment Date, the amount being distributed to the Trust Certificateholders on such Payment Date.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.

  • Relevant Distribution Date With respect to (a) any Significant Obligor with respect to the Trust, the Distribution Date, and (b) any Significant Obligor with respect to an Other Securitization Trust, the “Distribution Date” (or an analogous concept) under the related Other Pooling and Servicing Agreement.

  • REMIC III Distribution Amount The REMIC III Available Distribution Amount for any Distribution Date shall be distributed to the Certificates and the Class R-3 Residual Interest in the following amounts and priority:

  • REMIC II Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the REMIC II Regular Interests; and

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Distribution Record Date means the Confirmation Date.