MEPS+ Services definition

MEPS+ Services means the services in relation to MEPS+ provided by the Service Provider in accordance with this Agreement;
View Source
MEPS+ Services means the services in relation to MEPS+ provided by the Service Provider in accordance with the Agreement; “MEPS+ User Manuals” means the user manuals provided by the Service Provider to the Participant, as may be revised by the Service Provider from time to time; “minimum MCB requirement” means (a) in the case of a bank, the minimum amount of funds required to be maintained by the bank at all times (except for the period between the start and the end of a business day of the same day and subject to such other requirement as directed by MAS) as part of its MCB requirement and as specified in the relevant notice in writing by MAS under the Banking Act (Cap. 19); and (b)in the case of a finance company, the minimum amount of funds required to be maintained by the finance company as part of its MCB requirement and as specified in the relevant notice in writing issued by MAS under the Finance Companies Act (Cap. 108). “minimum SGSMB-Reserve requirement” means the minimum value of SGSMB holdings required to be maintained by a bank or a finance company as part of their MLA requirement and 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;
View Source
MEPS+ Services means the services in relation to MEPS+ provided by the operator of MEPS+ in accordance with the New MAS Electronic Payment and Book-Entry System Service Agreement for the Provision of a Real-Time Gross Settlement System;
View Source

Examples of MEPS+ Services in a sentence

  • The Participant shall ensure that MEPS+ Services are not used for any unauthorised, illegal or unlawful purpose.

  • The Participant may terminate this Agreement by giving the Service Provider at least 30 days’ notice in writing (except as otherwise provided in Clause 10.2), and MEPS+ Services shall be terminated on the date stated in such notice of termination.

  • Upon the suspension of the provision of any or all of the MEPS+ Services to a participant, all pending, queued, forward-dated Transactions from or to the affected participant at the point of suspension, subject to Rule 26.3 or Rule 26.4 (whichever is applicable), shall be cancelled by the host computer.

  • The Participant may terminate this Agreement by giving the Service Provider at least one month’s notice in writing (except as otherwise provided in Clause 10.2), and MEPS+ Services shall be terminated on the date stated in such notice of termination.

  • Upon the suspension of the provision of any or all of the MEPS+ Services to a participant, all pending, queued, forward-dated Transactions from or to the affected participant at the point of suspension, subject to Rule 26.3, shall be cancelled by the host computer.

  • The Participant shall ensure that MEPS+ Services are not used for any unauthorised, illegal or unlawful purpose, or for any purpose which causes or may cause annoyance, embarrassment, harassment or nuisance to any person.

  • The Participant may terminate this Agreement by giving the Service Provider at least one month’s30 days’ notice in writing (except as otherwise provided in Clause 10.2), and MEPS+ Services shall be terminated on the date stated in such notice of termination.

  • Upon the suspension of the provision of any or all of the MEPS+ Services to a participant, all pending, queued, forward-dated Transactions from or to the affected participant at the point of suspension, subject to Rule 26.3, or Rule 26.4 (whichever is applicable), shall be cancelled by the host computer.


More Definitions of MEPS+ Services

MEPS+ Services means the services in relation to MEPS+ provided by the Service Provider in accordance with the Agreement; “MEPS+ User Manuals” means the user manuals provided by the Service Provider to the Participant, as may be revised by the Service Provider from time to time; “minimum MCB requirement” means the minimum amount of funds required to be maintained by banks at all times, except for the period between the start and the end of a business day of the same day, as part of their MCB requirement and as specified in the relevant Notice to Banks;
View Source
MEPS+ Services means the services in relation to MEPS+ provided by the Service Provider in accordance with the Agreement; “MEPS+ User Manuals” means the user manuals provided by the Service Provider to the Participant, as may be revised by the Service Provider from time to time; “minimum MCB requirement” means the minimum amount of funds required to be maintained by banks at all times, except for the period between the start and the end of a business day of the same day, as part of their MCB requirement and as specified in the relevant Notice to Banks; “minimum SGSMB-Reserve requirement” means the minimum value of SGSMB holdings required to be maintained by banks as part of their MLA requirement and as specified in the relevant Notice to Banks; “MLA” means minimum liquid assets required to be held by banks under the Banking Act;
View Source
MEPS+ Services means the services in relation to MEPS+ provided by the Service Provider in accordance with the Agreement; “MEPS+ User Manuals” means the user manuals provided by the Service Provider to the Participant, as may be revised by the Service Provider from time to time; “minimum MCB requirement” means (a)in the case of a bank, the minimum amount of funds required to be maintained by the banks at all times, (except for the period between the start and the end of a business day of the same day and subject to such other requirement as directed by MAS,) as part of theirits MCB requirement and as specified in the relevant Notice to Banksnotice in writing by MAS under the Banking Act (Cap. 19); and
View Source

Related to MEPS+ Services

  • SaaS Services means software as a service consisting of system administration, system management, and system monitoring activities that ▇▇▇▇▇ performs for the Tyler Software, and includes the right to access and use the Tyler Software, receive maintenance and support on the Tyler Software, including Downtime resolution under the terms of the SLA, and Data storage and archiving. SaaS Services do not include support of an operating system or hardware, support outside of our normal business hours, or training, consulting or other professional services. • “SLA” means the service level agreement. A copy of our current SLA is attached hereto as Exhibit C.

  • Goods/Services means the goods and/or services detailed in the Purchase Order issued by Versuni Supplier; “Intellectual Property Rights” (or “IPR”) means all intellectual property rights of any nature applied for or existing anywhere in the world for their full term and together with any revivals, renewals or extensions. “Purchase Order” means the Versuni purchase order issued by Versuni to procure Goods/Services from the Supplier, to which these conditions are attached by reference;;

  • Products/Services means the goods/benefits/facilities offered by the Alliance Partner.

  • Wireless services means any services, provided using licensed or unlicensed spectrum, including the use of Wi-Fi, whether at a fixed location or mobile.

  • Cloud Services means SAP’s then-current cloud services offered under and described in detail in the applicable SAP PartnerEdge Model.