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NBB-SSS definition

NBB-SSS means the securities settlement system operated by the NBB or any successor thereto;
NBB-SSS means the X/N clearing system operated by the National Bank of Belgium, or any successor thereto;
NBB-SSS means the National Bank of Belgium, in its capacity as operator of the Securities Settlement System.

Examples of NBB-SSS in a sentence

  • Transfers between investors will be effected in accordance with the respective rules and operating procedures of the NBB-SSS participants through which they hold their Bonds.

  • The Issuer reserves the right under the Agency Agreement at any time, with the prior written approval of the Agent, to vary or terminate the appointment of the Agent and appoint additional or other agents, provided that it will maintain a paying agent and the paying agent will at all times be a participant in the NBB-SSS.

  • To the extent Notes issued by KECC are concerned, the NBB-SSS exclusively clears securities denominated in any currency the euro foreign exchange reference rate of which is published by the European Central Bank.

  • In the case of Dematerialised Notes, to exercise the right to require redemption of such Note the holder of such Note must, within the notice period, give notice to the Domiciliary Agent of such exercise in accordance with the standard procedures of NBB-SSS (which may include notice being given on his instruction by NBB-SSS by electronic means) in a form acceptable to NBB-SSS from time to time.

  • Any such notice shall be deemed to have been given to the holders of the Notes on the second day after the day on which the said notice was given to Euroclear and/or Clearstream, Luxembourg and/or NBB-SSS, as the case may be.


More Definitions of NBB-SSS

NBB-SSS means the NBB-SSS operated by the NBB or any successor thereto;
NBB-SSS means the X/N securities and cash clearing system operated by the NBB-SSS Operator, and includes any successor to such clearing system recognised pursuant to the Belgian law of 6 August 1993, as amended;
NBB-SSS means the X/N securities and cash clearing system operated by the NBB or any successor thereto;
NBB-SSS means the NBB in its capacity as operator of the NBB-SSS;
NBB-SSS has the meaning given to the term in Recital (B);
NBB-SSS has the meaning given in Condition 1(a) (Form, Denomination and Title – Form and Denomination);
NBB-SSS means the securities settlement system operated by the National Bank of Belgium or any successor thereto; NBB-SSS Regulations means the Law of 6 August 1993, the Royal Decree of 26 May 1994 and the Royal Decree of 14 June 1994, each as amended and the rules of the NBB-SSS and its annexes, as issued or modified by the National Bank of Belgium from time to time;