OTC Clear Payment Instruction Value Today definition

OTC Clear Payment Instruction Value Today means an instruction generated by CHATS upon receipt of an OTC Clear Debit Request transmitted by OTC Clear or delivered by OTC Clear by virtue of Special Posting 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 Working Day on which the OTC Clear Debit Request is received by the Clearing House Computer.
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OTC Clear Payment Instruction Value Today means an instruction generated by CHATS upon receipt of an OTC Clear Debit Request transmitted by OTC Clear or delivered by OTC Clear by virtue of Special Posting
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Examples of OTC Clear Payment Instruction Value Today 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.

  • For the avoidance of doubt, an OTC Clear Debit Request which requests for the generation of an OTC Clear Payment Instruction Value Today received after the CHATS Bank Cut-off will be rejected.

  • Settlement of an OTC Clear Payment Instruction Value Today will be effected across the books of CB pursuant to Rule 3.1.4 by debiting the CHATS Ledger Account of the paying Member for the funds transferred and crediting the same to the CHATS Ledger Account of a bank Member designated by OTC Clear in accordance with the Operating Procedures.

  • In a case to which Rule 6.3.14.3(b)(i) applies, the relevant OTC Clear Payment Instruction Value Today will be settled through CHATS immediately upon the completion of its processing.

  • Overall, 90% of the OP budget has already been committed to selected operations and over 750 000 participants have benefitted from measures funded with this programme.

  • An OTC Clear Payment Instruction Value Today in the Normal Queue will not be effected or settled through CHATS unless the available balance in the paying Member’s CHATS Ledger Account for the time being is sufficient to make the payment referred to in such payment instruction.

  • Recommendations 10Appendix H: Public Consultation Meeting Record Formats 11Annexes:Photographs (with date printed) Monitoring dataEtc..26 March 2021 AbbreviationsInclude list of abbreviations used in the report 26 March 2021 6.

  • Student expected class level (which is determined by the number of credits earned) determines registration priority (see “Class Level” for unit levels).

  • An OTC Clear Payment Instruction Value Today in the Normal Queue will not be effected or settled through CHATS unless the available balance in the paying Member’s Designated Settlement Account for the time being is sufficient to make the payment referred to in such payment instruction.

  • For the avoidance of doubt, an OTC Clear Debit Request which requests for the generation of an OTC Clear Payment Instruction Value Today received after theCHATS Bank Cut-off will be rejected.

Related to OTC Clear Payment Instruction Value Today

  • 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.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of: