Eligible Xxxx definition

Eligible Xxxx means a xxxx that is of a class specified by a by-law, a Rule, or a standard made under the Canadian Payments Act, and defined therein as an ‘eligible xxxx’. For greater certainty, under this Agreement, an Eligible Xxxx supporting an Official Image must be a paper-based Instrument, complete and regular on its face, immediately payable to you as payee, and be either a cheque, bank draft, or credit union official cheque, denominated in Canadian Dollars or US Dollars and drawn on a financial institution domiciled in Canada or the United States, as and if applicable. For the purposes of this Agreement, third party Instruments that were either delivered to you with the payee in blank or endorsed over to you and post-dated Instruments shall not qualify as Eligible Bills. Further, any Instrument that has been in any way transferred to you from anyone other than the drawer, endorsed over to you, or altered after being drawn shall not qualify as an Eligible Xxxx.
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Eligible Xxxx means a xxxx that is of a class specified by a by-law, a Rule, or a standard made under the Canadian Payments Act, and defined therein as an ‘eligible xxxx’. For greater certainty, under this Agreement, an Eligible Xxxx supporting an Official Image, must be a paper-based Instrument, complete and regular on its face, immediately payable to the Depositor as payee, and be either a cheque, bank draft, or credit union official cheque, denominated in Canadian Dollars or US Dollars and drawn on a financial institution domiciled in Canada or the United States, as and if applicable. For the purposes of this Agreement, third party Instruments that were either delivered to the Depositor with the payee in blank or endorsed over to the Depositor and post-dated Instruments shall not qualify as Eligible Bills. Further, any Instrument that has been in any way transferred to the Depositor from anyone other than the drawer, endorsed over to the Depositor, or altered after being drawn shall not qualify as an Eligible Xxxx.
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Eligible Xxxx. Xxxxxxxx xxxx of exchange eligible for rediscounting at the Bank of England.
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Examples of Eligible Xxxx in a sentence

  • The Depositor shall not purport to create or transmit an Official Image of any item that does not qualify as an Eligible Xxxx or any item that is post-dated, stale-dated, received by the Depositor from anyone other than the drawer of that item, or that is in any way altered.

  • If no written request is received within that time, then 120 calendar days after an Official Image has been transmitted to the Financial Institution through the Remote Deposit Service or such shorter period as stipulated by the Financial Institution in writing, and provided that the Depositor has verified a credit to the Account that reconciles to the Official Image transmitted, the Depositor agrees to immediately proceed with destruction of the original of the Eligible Xxxx.

  • Further, the Depositor agrees to make no further use of the original of an imaged Eligible Xxxx, and shall safely retain possession of the original of the Eligible Xxxx without further negotiation, transfer, or delivery to any other person or holder.

  • Further, you agree to make no further use of the original of an imaged Eligible Xxxx, and shall safely retain possession of the original of the Eligible Xxxx without further negotiation, transfer, or delivery to any other person or holder.

  • If no written request is received within that time, then 120 calendar days after an Official Image has been transmitted to us through the Remote Deposit Service or such shorter period as stipulated by us in writing, and provided that you have verified a credit to the Account that reconciles to the Official Image transmitted, you agree to immediately proceed with destruction of the original of the Eligible Xxxx.

  • You shall not claim to create or transmit an Official Image of any item that does not qualify as an Eligible Xxxx or any item that is post-dated, stale-dated, received by you from anyone other than the drawer of that item, or that is in any way altered.

  • The Philippines waited until the 2001 when it reviewed all contracts and renegotiated all but 6 of the IPP arrangements (as opposed to outright cancellation).

  • Eligible Xxxx Mor dining plans are limited to the following: The Residential; The Market; the Highlander Unlimited; and the Highlander 150.

  • If the Agent elects to discount the Bills itself, but is unable to do so for any reason or if it is unable to arrange for the Bills to be discounted in the London Discount Market at the Eligible Xxxx Rate, the Agent shall promptly notify the Bank that accepted the Bills and by no later than 2:30 p.m. on the Utilisation Date deliver the Bills to the Bank (or to its agent or for its account).

  • On transmission of an Official Image of an Eligible Bill to Alterna, the client is responsible for immediately marking the face of the Eligible Bill with a blatant notation or mark that prevents renegotiation of the Eligible Bill and indicates that the Eligible Xxxx has been imaged and transmitted, taking care not to obliterate any material particulars of that Eligible Bill.


More Definitions of Eligible Xxxx

Eligible Xxxx means a Xxxxxxxx xxxx of exchange eligible for rediscounting at the Bank of England.
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Eligible Xxxx means a xxxx that is of a class specified by a by-law, a Rule or a standard made under the Canadian Payments Act, and defined therein as an ‘eligible xxxx’. For greater certainty, under this Agreement, an Eligible Xxxx supporting an Official Image, must be a paper-based Instrument, complete and regular on its face, immediately payable to the client as payee, and may be either a cheque, bank draft, or credit union official cheque, denominated in Canadian Dollars and drawn on a financial institution domiciled in Canada or the United States, as and if applicable. For the purposes of this Agreement, third party instruments that were either delivered to the client with the payee in blank and endorsed over to the client and post- dated Instruments shall not qualify as Eligible Bills. Further, any Instrument that has been in any way transferred to the client from anyone other than the drawer, endorsed over to the client, or altered after being drawn shall not qualify as an Eligible Xxxx; “e-Transfer Answer” refers to the word or phrase created by the sender of a money transfer and used by the recipient to claim or decline the money transfer using Interac® e-Transfer Services;
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Eligible Xxxx means a Xxxxxxxx xxxx of exchange eligible for discount at the Bank of England.
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Related to Eligible Xxxx

  • Eligible veteran means an individual who is certified by the Wisconsin Department of Veterans Affairs as meeting all of the following conditions:

  • Eligible child means the children of:

  • Eligible adult means any of the following:

  • Eligible Credit Support means Eligible Collateral and Other Eligible Support.

  • Eligible Crisis or Emergency means an event that has caused, or is likely to imminently cause, a major adverse economic and/or social impact to the Recipient, associated with a natural or man-made crisis or disaster.

  • Eligible teacher means a teacher who:

  • Eligible patient means an individual who meets all of the following conditions:

  • Eligible Recipient means an employee, director or independent contractor of the Company or any Affiliate of the Company who has been selected as an eligible participant by the Administrator; provided, however, to the extent required to avoid accelerated taxation and/or tax penalties under Section 409A of the Code, an Eligible Recipient of an Option or a Stock Appreciation Right means an employee, non-employee director or independent contractor of the Company or any Affiliate of the Company with respect to whom the Company is an “eligible issuer of service recipient stock” within the meaning of Section 409A of the Code.

  • Eligible group means two or more persons who are engaged in a

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Eligible Countries means: (a) in the case of the African Development Bank and the Nigeria trust Fund, the Member Countries of the African Development Bank.

  • Eligible elector means a person who meets the specific requirements for voting at a specific election or for a specific candidate, ballot question, or ballot issue. If no specific provisions are given, an eligible elector shall be a registered elector, as defined in subsection (35) of this section.

  • Eligible Recipients means all Employees, all Non-Employee Directors and all Consultants.

  • Eligible Tenant means, as of any date of determination, a bona fide third party lessee of a Property who satisfies each of the following criteria:

  • Eligible Country means the countries and territories eligible for participation in procurements.

  • Eligible Consumer means a consumer of electricity in the area of supply of the distribution licensee, who uses a rooftop solar system installed in the consumer premises, to offset part or all of the consumer's own electrical requirements, given that such systems can be self-owned or third party owned;

  • Eligibility and selection criteria means criteria for determining:

  • Eligible Contract means a currently effective written contract between Bank and a Subcustodian satisfying the requirements of paragraph (c)(2) of Rule 17f-5 (including any amendments thereto or successor provisions).

  • Eligible resident means an individual or family who resided in a disaster-affected home at the time of the natural disasters of 2008 and who:

  • Eligibility Requirements means, with respect to any Person, that such Person has at least $200,000,000 in capital/statutory surplus or shareholders’ equity (except with respect to a pension advisory firm or similar fiduciary) and at least $600,000,000 in total assets (in name or under management), and is regularly engaged in the business of making or owning commercial real estate loans (or interests therein), mezzanine loans (or interests therein) or commercial loans (or interests therein) similar to the Mortgage Loan.

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • eligible Categories means Categories (1) through (4) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • Selection Criteria means and includes all of the requirements, considerations,

  • Eligible revenue means the property tax increment and any

  • Eligible Basis has the meaning given to it in Section 42(d) of the Code.