MAS Transaction definition

MAS Transaction means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB;
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MAS Transaction means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB; “MASNET” means the financial communication network operated by MAS; “MCB” means, in the case of a bank, the minimum cash balance required to be maintained by the bank under the Banking Act (Cap. 19), and in the case of a finance company, the minimum cash balance required to be maintained by the finance company under the Finance Companies Act (Cap. 108); “MCB funding period” means the period of time designated by MAS before the end of a business day during which a member bank or finance company shall have to meet such minimum MCB requirement at the end of a business day as specified in the relevant notice in writing issued by MAS under the Banking Act (Cap. 19) or Finance Companies Act (Cap. 108), as the case may be; “member bank” means a bank which is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act to participate in MEPS+; “member institution” means an institution which- (a) is not a bank; and (b) is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act to participate in MEPS+;
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MAS Transaction means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB; “MASNET” means the financial communication network operated by MAS; “MCB” means the minimum cash balance required to be maintained under the Banking Act; “MCB funding period” means the period of time designated by MAS before the end of a business day during which a member bank shall have to meet such minimum MCB requirement at the end of a business day as specified in the relevant Notice to Banks; “member bank” means a bank which is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act to participate in MEPS+; “member institution” means an institution which- (a) is not a bank; and
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More Definitions of MAS Transaction

MAS Transaction means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB; “MASNET” means the financial communication network operated by MAS; “MCB” means, in the case of a bank, the minimum cash balance required to be maintained by the bank under the Banking Act (Cap. 19), and in the case of a finance company, the minimum cash balance required to be maintained by the finance company under the Finance Companies Act (Cap. 108); “MCB funding period” means the period of time designated by MAS before the end of a business day during which a member bank or finance company shall have to meet such minimum MCB requirement at the end of a business day as specified in the relevant notice in writing issued by MAS under the Banking Act (Cap. 19) or Finance Companies Act (Cap. 108), as the case may be;
Sample 1
MAS Transaction means any transaction initiated by MAS to debit an RTGS Account but shall not include any transaction for payment by a participant to MAS for allotment of SGSMB; “MASNET” means the financial communication network operated by MAS; “MCB” means, in the case of a bank, the minimum cash balance required to be maintained by the bank under the Banking Xxx 0000, and in the case of a finance company, the minimum cash balance required to be maintained by the finance company under the Finance Companies Xxx 0000; “MCB funding period” means the period of time designated by MAS before the end of a business day during which a member bank or finance company shall have to meet such minimum MCB requirement at the end of a business day as specified in the relevant notice in writing issued by MAS under the Banking Xxx 0000 or Finance Companies Xxx 0000, as the case may be; “member bank” means a bank which is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act 1970 to participate in MEPS+; “member institution” means an institution which- (a) is not a bank; and (b) is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act 1970 to participate in MEPS+; “MEPS+” means the New MAS Electronic Payment and Book-Entry System, as described in the Payment and Settlement Systems (Finality and Netting) (Designated System) (New MAS Electronic Payment and Book- Entry System) Order 2006;
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Related to MAS Transaction

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Securities Transaction means a purchase of or sale of Securities.

  • FICASH II Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which one or more of the following two categories of securities, as specified by the Funds, shall constitute Eligible Securities: (x) securities issued by the government of the United States of America that are direct obligations of the government of the United States of America, or (y) securities issued by or guaranteed as to principal and interest by the government of the United States of America, or by its agencies and/or instrumentalities, including, but not limited to, the Federal Home Loan Bank, Federal Home Loan Mortgage Corp., Government National Mortgage Association, Federal National Mortgage Association, Federal Farm Credit Bank, Federal Intermediate Credit Bank, Banks for Cooperatives, and Federal Land Banks.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Issuer or any Restricted Subsidiary pursuant to which the Issuer or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Receivables Assets (which may include a backup or precautionary grant of security interest in such Receivables Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person that is not a Restricted Subsidiary; provided that any such Person that is a Subsidiary meets the qualifications in clauses (1) through (3) of the definition of “Receivables Subsidiary.”

  • FICASH III Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which securities issued by the government of the United States of America that are direct obligations of the government of the United States of America shall constitute Eligible Securities.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Public-finance transaction means a secured transaction in connection with which:

  • De Minimis Transaction means a transaction in an equity security (or an equivalent security) which is equal to or less than 300 shares, or is a fixed-income security (or an equivalent security) which is equal to or less than $15,000 principal amount. Purchases and sales, as the case may be, in the same security or an equivalent security within 30 days will be aggregated for purposes of determining if the transaction meets the definition of a De Minimis Transaction.

  • NIMS Transaction As defined in the tenth Recital to this Agreement.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Contactless Transaction means a Transaction that is authorised by you touching or holding your Card or linked device against or near a POS Terminal without the need to insert your Card.

  • Company Transaction means the consummation of

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Subsidiaries may sell, convey or otherwise transfer to:

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.