MERJ Clear means MERJ Clearing and Settlement Limited a company incorporated under the Act, and licensed to operate as a clearing agency in terms of the Securities Act 2007;
MERJ Clear means MERJ Clearing and Settlement Limited, a licensed Clearing Agency pursuant to the Seychelles Securities Act 2007 and operator of a Real Time Gross Settlement securities settlement system pursuant to the Seychelles National Payment Systems Act 2013.
MERJ Clear means MERJ Clearing and Settlement Limited a company
Examples of MERJ Clear in a sentence
The Issuer shall pay all amounts due to Bondholders under the Bond Agreement by crediting the account of the Bondholder at MERJ Clear in connection with its securities account in the Securities Register.
Subject to this Agreement and Applicable Law, MERJ Clearing and Settlement Limited (MERJ Clear) will hold User Money in respect of Margin Transactions in a Segregated Funds Account.
More Definitions of MERJ Clear
MERJ Clear means MERJ Clearing and Settlement Limited a company incorporated under the Act, and licensed to operate as a clearing agency in terms of the Securities Act 2007; “MERJ Dep” means MERJ Depository and Registry Limited a company incorporated under the company law of Seychelles, and licensed to operate as a securities facility in terms of the Securities Act 2007; “MERJ Exchange” means MERJ Exchange (Seychelles) Limited a company incorporated under the company law of Seychelles, (registration number 879858-1) and licensed to operate as a Securities Exchange in terms of the Securities Act 2007; “Ordinary Shares” means the ordinary shares in the share capital of the Company; “Program Memorandum” means this document dated 16 September 2020 including the annexures; “Securities Register” means, for the purpose of this Program, the Register maintained by MERJ Dep in respect of the listed securities under the Program. “Seychelles” means the Republic of Seychelles; “Shareholders” means the holders of the Ordinary Shares of PKF PCC;