Examples of Payment Agents in a sentence
A Clearing Member can use the services of one or several Payment Agent(s) per central bank and per Credit Institution, accepted by LCH SA, and/or one or several Settlement Agent(s) per Securities settlement system and/or per central Securities depository.
The Company, Payment Agent(s), and the Client are collectively referred to as the “Parties”.
For delivery versus payment purposes, a Clearing Member can use the services of one or several Payment Agent(s) per central bank and per Credit Institution, accepted by LCH SA, and/or one or several Settlement Agent(s) per securities settlement system and/or per central securities depository.
A Clearing Member may use the services of one or several Settlement Agent(s) per Securities settlement system or per central Securities depositary and of one or several Payment Agent(s) per central bank or Credit Institution.
A Party (Parties) to the Agreement is (are) also a Payment Agent(s) engaged by the Company to execute non-trading transactions under the Agreement.
The information on the Payment Agent(s) is specified in the Agreement.
Relationship with Settlement Agents and Payment Agents A.1. Common ProvisionsArticle 2.2.3.1A Clearing Member that wishes to use a Settlement Agent and/or a Payment Agent must guarantee that the agreement(s) by which the Settlement Agent and/or the Payment Agent agrees to deliver Securities or to pay cash amounts, as the case may be, to LCH SA on behalf of the Clearing Member complies with the LCH SA requirements.
Article 2.2.3.7A Clearing Member may use the services of one or several Settlement Agent(s) per Securities settlement system or per central Securities depositary and of one or several Payment Agent(s) per central bank or Credit Institution.
Payments, for example, distributions and redemption proceeds, are made by the Management Company or Custodian Bank or the Payment Agents listed in this Sales Prospectus.
The Management Company, Custodian Bank, and all Payment Agents issue and redeem units, and make unit or coupon payments.