ELNO System definition

ELNO System means a system provided by the ELNO for facilitating Financial Settlement and Electronic Lodgement. “Financial Settlement” means the exchange of value between Financial Institutions facilitated by an ELNO System in accordance with the Financial Settlement Schedule.
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ELNO System means a system provided by an ELNO capable of facilitating Financial Settlement and Electronic Lodgement in Queensland;
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ELNO System means a system provided by the ELNO for facilitating Financial Settlement and Electronic Lodgement.
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Examples of ELNO System in a sentence

  • Each party must pay its own fees and charges of using the relevant ELNO System for Electronic Settlement.

  • Despite clause 10.4(9), the Seller may nominate the ELNO System by sending or accepting an invitation to an Electronic Workspace in an ELNO System.

  • If settlement fails and cannot occur by 4pm AEST on the Settlement Date because a computer system operated by the Land Registry, Queensland Revenue Office, Reserve Bank, a Financial Institution or the relevant ELNO System is inoperative or unavailable, neither party is in default and the Settlement Date is deemed to be the next Business Day.


More Definitions of ELNO System

ELNO System means a system provided by an ELNO capable of facilitating Financial (ii) a Pool Safety Certificate under section 231C(a) of the Building Act 1975; or a building certificate that may be used instead of a Pool Safety Certificate under section 246AN(2) of the Building Act 1975; or Settlement and Electronic Lodgement in Queensland; (iii) an exemption from compliance on the grounds of impracticality under section 245B of the Building Act 1975;
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ELNO System means a system provided by the ELNO (5) A party is not in default to the extent it is prevented from complying with an obligation because the other party or the other party's Financial Institution has not done something in the Electronic Workspace. (6) Any rights under the contract or at law to terminate the contract may not be exercised during the time the Electronic Workspace is locked for Electronic Settlement. (7) Electronic Settlement is taken to occur when Financial Settlement is effected, whether or not Electronic Lodgement has occurred.
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Related to ELNO System

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Open video system means an open video system authorized pursuant to 47 U.S.C. § 573 and, for

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • system user means a natural or legal person supplying to, or being supplied by, a transmission or distribution system;

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • Alarm system means equipment and devices assembled for the purpose of:

  • Single tomogram system means a CT x-ray system which obtains x-ray transmission data during a scan to produce a single tomogram.

  • Transmission System Operator means a natural or legal person responsible for operating, ensuring the maintenance of and, if necessary, developing the transmission system in a given area and, where applicable, its interconnections with other systems, and for ensuring the long-term ability of the system to meet reasonable demands for the transmission of electricity;

  • Grid System means STU / MSEDCL power transmission system / distribution system through which Delivered Energy is evacuated and distributed.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • Fire alarm system means a system designed to detect and annunciate the presence of fire, or by-products of fire. Fire alarm system includes smoke detectors.