OTC Clear Payment Instruction Value Forward Day definition

OTC Clear Payment Instruction Value Forward Day means an instruction generated by CHATS upon receipt of an OTC Clear Debit Request transmitted by OTC Clear for the effecting of a payment to settle an obligation of a Member or one of its customers which is not a Member to OTC Clear by paying into the CHATS Ledger Account of a bank Member designated by OTC Clear in accordance with the Operating Procedures for value through CHATS as of the Supported Forward Day referred to in the OTC Clear Debit Request.
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Examples of OTC Clear Payment Instruction Value Forward Day in a sentence

  • An OTC Clear Payment Instruction Value Today or OTC Clear Payment Instruction Value Forward Day will be generated according to the intended value day referred to in the corresponding OTC Clear Debit Request.

  • An OTC Clear Debit Request for the generation of an OTC Clear Payment Instruction Value Forward Day for effecting payments through CHATS may not be made for value dates later than the last of the Supported Forward Days.

  • OTC Clear Payment Instruction Value Forward Day will be automatically processed for settlement after the CHATS Commencement on the relevant Supported Forward Day (“Value Day”) in the same way and manner as OTC Clear Payment Instructions Value Today generated during that Value Day and all provisions in Rule 6.3.14.3 shall apply.

  • Bytową podbudowę wartości stanowi podmiotowość rozumiana dynamicznie i ewolucyjnie.

Related to OTC Clear Payment Instruction Value Forward Day

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).