Sending Member definition

Sending Member means a Member which initiates a credit transfer (other than credit transfers in respect of Articles) through CHATS.
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Sending Member means a Direct Participant which initiates a credit transfer (other than credit transfers in respect of Articles) through CHATS.
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Sending Member means a Member which initiates a credit transfer through CHATS.
Sample 1Sample 2Sample 3

Examples of Sending Member in a sentence

  • Bank Error Recovery may be initiated by a Sending Member Bank if there has been an error in submitting a large number of payments (in the order of greater than 1,000 transactions).

  • In addition, the Sending Member shall include with the Buy-Sell Notice such documentation as may be necessary to reasonably establish the financial ability of the Sending Member to acquire the interests of the other Members if obligated to do so pursuant to Section 16.2.

  • Faster Payments routes a Return Payment of a payment sent via DCA to the Sending Member Bank in the same way it routes any other payment.

  • For the avoidance of doubt, it is declared that a Sending Member may make funds transfers to itself as Receiving Member in respect of CHATS Transactions (including transfers effected pursuant to CHATS Payment Instructions, CCASS Payment Instructions, CCP Instructions, CCASS Optimiser Payment Instructions, SCCASS Optimiser Payment Instructions, CHATS Optimiser Payment Instructions, CCPO Instructions and GTRS Payment Instructions but not CLS Payment Instructions).

  • Sending Member States receive data from the PDA1 document, but receiving Member States are dependent on data gathered through their own declaration systems (De Wispelaere et al.

  • The Buy-Sell Notice shall specify a cash price for the entire interest in the Company (the "Tendered Interest") of the Member delivering such notice (the "Sending Member"), together with a proposed closing date for the sale of the Tendered Interest, which shall be no sooner than sixty (60) days and no later than one hundred twenty (120) days after such Buy-Sell Notice.

  • If there is no Response given within the time specified above, the Receiving Member shall be deemed to have agreed to sell all of its interests in the Company to the Sending Member as provided in Section 16.2(b).

  • Sending Member States need to have a national database of awarded certificates and details should be provided.

  • Delivery charge curtailment is another form of curtailment by the Sending Member florist.


More Definitions of Sending Member

Sending Member. As described in Section 10.5(a).
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Sending Member has the meaning set forth in Section 16.1(c).
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Related to Sending Member

  • Defaulting Member the meaning set forth in Section 3.2(a).

  • Voting Member means a Member holding one or more Voting Shares.

  • Transferring Member has the meaning set forth in Section 9.4.

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Class A Member means a Member holding one or more Class A Ordinary Shares.