Outturn Instruction definition

Outturn Instruction means a statement on the Outturn (including the exact number and amount of any Equivalent Loan Securities that shall be redelivered and/or the exact amounts of any cash compensations components that shall be payable) that would result from the execution of the Lender Election.
Sample 1Sample 2Sample 3
Outturn Instruction means a statement on the Outturn (including the exact number and amount of any Equivalent Loan Securities that shall be redelivered and/or the exact amounts of any cash components that shall be payable) that would result from the execution of the Lender Election.[…] (d) By signing the relevant Clearing Agreement with Eurex Clearing AG, each Lender Clearing Member and each Borrower Clearing Member (i) acknowledges to be bound by the provisions of the Dispute Resolution Rules (including, without limitation, the processing of an Outturn and/or the reversal of any Preliminary Outturn in accordance with the Dispute Resolution Rules), (ii) irrevocably authorises (bevollmächtigt) Eurex Clearing AG (and, for such purpose releases EurexClearing AG from the limitations on self-contracting pursuant to Section 181 BGB and similar provisions in any other applicable laws) to issue all statements and take all actions on behalf of such Lender Clearing Member and/or Borrower Clearing Member that are required or expedient in order to effect the processing of any Outturn or Preliminary Outturn and/or, as applicable, the reversal of any Preliminary Outturn in accordance with this Paragraph (2) and (iii) agrees and undertakes to issue all statements and take all actions that are necessary to effect the processing of any Outturn or Preliminary Outturn and/or, as applicable, the reversal of any Preliminary Outturn in accordance with this Paragraph (2) or resulting from the Dispute Resolution Procedure.
Sample 1

Examples of Outturn Instruction in a sentence

  • If the Ad hoc Verification Procedure has not been preceded by a Dispute Resolution Procedure on the same matter, the Verification Decision may only be either a confirmation or a rejection of the Outturn provided by the Lender Clearing Member in its (updated) Outturn Instruction.

  • If the Lender Clearing Member (i) does not submit a valid Lender Election or, in the case of a rejection of a Lender Election, a valid revised Lender Election or (ii) withdraws its Outturn Instruction in accordance with Paragraph (2)(a) prior to the commencement of a Dispute Resolution Procedure, Number 2.4.1 Paragraph (2)(d)(ii) applies.

  • The customer's participation in the production of the software does not result in the acquisition of any rights to the use specified in this contract.

  • If the Lender Clearing Member does not submit a revised Lender Election and/or Outturn Instruction, the original Lender Election and/or Outturn Instruction will not be effective.

  • The Lender Clearing Member may submit the Outturn Instruction in a preliminary form (in which case such Outturn Instruction must be labelled “subject to change”).

  • If the Borrower Clearing Member disputes the validated Lender Election and/or Outturn Instruction prior to close of business on the Business Day preceding the Intended VCA Settlement Date, a Dispute Resolution Procedure will be commenced immediately (i.e. before the Intended VCA Settlement Date) and will be conducted in accordance with the Dispute Resolution Rules.

  • If the Lender submits a revised Lender Election and/or Outturn Instruction, such revised Lender Election and/or Outturn Instruction will be subject to the validation procedure set out above.

  • If, in the case of an updated Lender Election and/or Outturn Instruction, the Borrower Clearing Member already rejected or disputed the previous Lender Election and/or Outturn Instruction, such rejection or dispute shall also prevail in respect of the updated Lender Election and/or Outturn Instruction unless the Borrower Clearing Member submits an acceptance of such updated Lender Election and/or Outturn Instruction through the VCA Input System.

  • If the VCA Exercise Amount is not paid prior to the close of business on the Intended VCA Settlement Date in accordance with this sub- paragraph (aa), the Lender Election and Outturn Instruction becomes invalid and an Outturn shall be processed at the close of business on the Intended VCA Settlement Date in accordance with the Market Default.

  • If the (as applicable, revised) Lender Election and/or Outturn Instruction has been validated, Eurex Clearing AG will notify the Lender Clearing Member of such validation and will forward such Lender Election and/or Outturn Instruction to the Borrower Clearing Member.

Related to Outturn Instruction

  • Dispatch Instruction has the meaning set forth in the CAISO Tariff.

  • Transaction Instruction means a written order signed by the holder or CDS, entitled to request that one or more actions be taken, or such other form as may be reasonably acceptable to the Warrant Agent, requesting one or more such actions to be taken in respect of an Uncertificated Warrant;

  • Certification Instructions You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return.

  • Delivery Instructions means the instructions set out in the Contract for the provision of the Goods and Services, including any other information the Authority considers appropriate to the provision of the Goods and Services.

  • RBC instructions means the RBC report, including risk-based capital instructions adopted by the NAIC, as the RBC instructions may be amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Wire Instructions To: _____________________________________

  • Direct instruction means any instruction given by the person required to provide the notification or any person controlled by that person within the meaning of Article L. 233-3 of the Commercial Code, stipulating how the management company or the investment service provider should exercise the voting rights under given circumstances;

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.

  • Written Instructions means (i) written communications actually received by the Custodian and signed by an Authorized Person, (ii) communications by facsimile or Internet electronic e-mail or any other such system from one or more persons reasonably believed by the Custodian to be an Authorized Person.

  • Operating Instructions means the operating procedures, steps, and instructions for the operation of the Interconnection Facilities established from time to time by the Coordination Committee or the PJM and NYISO individual procedures and processes and includes changes from time to time by the Coordination Committee to such established procedures, steps and instructions exclusive of the individual procedures.

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Synchronous instruction means instruction where students engage in learning in the direct presence (remote or in-person) of a teacher in real time.

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • Payment Instructions has the meaning set forth in Section 5.2(a) of the Loan Agreement.

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.

  • Transfer Instructions are the information that you provide when using the Service. “Us,” “We,” and “Our” means Credit Union.

  • Specially designed instruction means adapting, as appropriate to the needs of an eligible child under this chapter, the content, methodology, or delivery of instruction:

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit M to be executed and delivered by the Borrower pursuant to pursuant to Section 6.1(a)(xi), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Superintendent of public instruction means that state government official designated as a

  • Indirect instruction means any general or specific instruction given in any form by the person required to provide the notification or any person controlled by that person within the meaning of Article L. 233-3 of the Commercial Code that limits the discretion of the management company or the investment service provider in the exercise of the voting rights in order to serve the commercial interests of the person required to provide the notification or the controlled person.

  • Special Instructions as used herein, shall mean Instructions countersigned or confirmed in writing by the Treasurer or any Assistant Treasurer of a Fund or any other person designated by the Treasurer of such Fund in writing, which countersignature or confirmation shall be included on the same instrument containing the Instructions or on a separate instrument relating thereto.

  • Merchant Shipping Notice means a Notice described as such, issued by the Maritime and Coastguard Agency, and any reference to a particular Merchant Shipping Notice includes a reference to any such document amending or replacing that Notice which is considered by the Secretary of State to be relevant from time to time;

  • Proper Instruction means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be deemed to be Proper Instructions if (a) FAS reasonably believes them to have been given by a person previously authorized in Proper Instructions to give such instructions with respect to the transaction involved, and (b) the Investment Company, or the Fund, and FAS promptly cause such oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Investment Company, or the Fund, and FAS are satisfied that such procedures afford adequate safeguards for the Fund's assets. Proper Instructions may only be amended in writing.

  • Sxxxxxxx-Xxxxx Certification As defined in Section 11.09.

  • Xxxxxxxx-Xxxxx Certification As defined in Section 11.05.