Participant System definition

Participant System means all hardware components and software components of a trading participant, in particular the local networks, interfaces and end input devices which it uses for connecting to the Exchange-EDP and which enable orderly exchange trading. The company shall be responsible for the operation of the Participant System.
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Participant System means the EDP- equipment determined for connection to the Exchange- EDP including all hardware components and software components the operation of which lies within the responsibility of the Contracting Party.
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Participant System. Hard- and software components of the Contractual Party, in particular local networks, interfaces, servers, routers, input terminals as well as internal network connections of the Contractual Party which the Contractual Party uses to connect to the Clearing EDP.
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Examples of Participant System in a sentence

  • Eurex Clearing shall be entitled, after a previous notification by the Contractual Party, to assign the installation and operation of a Participant System or of parts thereof in the offices of the Contractual Party to a third party as long as the application of and adherence to the regulations of the Connection Agreement, in particular by the third party, is guaranteed.

  • The Contractual Party shall be obligated to ensure by means of an appropriate agreement with the third party that such third party entitles Eurex Clearing to verify at any time whether the conditions for the installation and operation of a Participant System are met.

  • The Contractual Party shall be obligated to bear the costs caused by the acquisition, operation, and maintenance of the Participant System.

  • This applies in particular to the support of Eurex Clearing in terms of specific operating system versions and application software (e.g. web browser) on the Participant System.

  • Exchange Partici- pant shall be responsible for the operation of the Exchange Participant System.

  • The Project shall be designed, permitted, and constructed in a manner such that the Point of Delivery shall be located upon the Participant System Site and within an easement to be conveyed pursuant to Section 4.03 hereof.

  • The Authority reserves the right to enter into agreements with Participant to supplement this Contract, if and as the Authority deems circumstances so require, in order to make firm commitments to Participant regarding the Contract Quantity Participant must take from the Project, the particular Participant System Site where such Contract Quantity will be delivered, and other details related to the delivery of Water to the Participant System Site.

  • The Contractual Party shall be obliged to ensure by means of an appropriate agreement with the third party that such third party entitles Eurex Clearing to verify at any time whether the conditions for the installation and operation of a Participant System are met.

  • Entities must be identified as members of a Participant System for a specific Product Program via the enrollment process.

  • Determination of any entities’ eligibility to participate in Product Program(s), including eligibility to participate in the Product Program(s) as part of a Participant System, is made by Merck, in its sole discretion.


More Definitions of Participant System

Participant System means the electric utility system owned, operated and maintained by the Participant, including all additions and modifications thereto.
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Participant System means the MISS, the router and the internal network connections of the Contractual Party; such system ranges from the transition point of the telecommunication provider of a leased line at the respective Contractual Party up to and including the MISS.
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Participant System means the Participant Program and related hardware and equipment used by Participant to facilitate transactions.
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Participant System means the EDP-equipment determined for connection to the Exchange-EDP including all hardware components and software components the operation of which lies within the responsibility of the MISS, the router and the internal network connections of the Contractual Party; such system ranges from the transition point of the
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Related to Participant System

  • Participant ID means each unique identifier assigned to a Participant other than a DMA Customer by BSEF for access to the SEF operated by BSEF.

  • Participant contract means a contract by which a sponsored captive insurance company insures the risks of a participant and limits the losses of the participant to the assets of a protected cell.

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

  • Participant Documentation means the agreements (together with any applicable schedules, exhibits or appendices thereto required by BSEF) in form and substance acceptable to BSEF, that are required to be executed and delivered to BSEF before a Person may access the SEF operated by BSEF as a Participant. Participant Documentation shall not include DMA Customer Documentation.