Examples of Relevant Settlement System in a sentence
House from time to time relating to the settlement of securities under a Delivery Contract through the Relevant Settlement System.
Only a Settlement Agent with a Settlement Account at the Relevant Settlement System may be used for the purposes of making or taking delivery of securities under a Delivery Contract by transfer of securities through such Relevant Settlement System and making or receiving payment of the settlement amount under a Delivery Contract in accordance with these termsContract Rules, unless these termsContract Rules otherwise require or permit.
In this term 18,Rule IIIII.19, “suspended securities” shall mean securities which are the subject of a suspension of dealings or securities which have been suspended from settlement through the Relevant Settlement System.
Subject to term 18.05,Rule IIIII.19(e), securities which are the subject of suspension of dealings which are required to be delivered in respect of a Delivery Contract shall be delivered through the Relevant Settlement System on the Settlement Day in accordance with these termsContract Rules.