Rejection definition

Rejection means a process through which Clearing Corporation would convey the inability of itself and / or Settlement Bank and / or the CLS Bank to accede to a Member’s request for processing a Trade.

Rejection means process through which Clearing Corporation would convey its inability to accede to a Member’s request for processing a Trade.

Rejection means process through which Clearcorp would convey its inability to accept a Member’s Order on the Dealing System.

Examples of Rejection in a sentence

• If instructions are not received from Seller within fifteen (15) days after notice of Rejection, Products will be returned at Seller's expense.

• Rejected Products will not thereafter be tendered to Buyer for acceptance unless the previous Rejection and any subsequent correction are disclosed to Buyer in writing.

More Definitions of Rejection

Rejection means a Message sent to a Sender that indicates that the Reserve Bank on whose books the Sender’s Securities Account is maintained has rejected a Message from that Sender.

Rejection has the meaning set forth in Section 4.2(b).

Rejection means the rejection of the occurrence of the Extraordinary Early Redemption Event by the Issuer pursuant to Section 14.3 of these Terms;

Rejection means to refuse to accept as more fully described in Section 7.

Rejection means the rejection of the occurrence of the Extraordinary Early Redemption Event by the Issuer pursuant to Section 6.12(d) of these Terms and Conditions.

Rejection has the meaning set forth in Section 9.13

Rejection has the meaning set forth in Section 6.03(d)(ii).