Settlement Agents definition

Settlement Agents means those Participants which are approved as settlement agents to perform electronic settlement of funds and scrip on behalf of market participants in accordance with Applicable Procedures.
Sample 1Sample 2Sample 3
Settlement Agents means those Participants which are approved by BESA or any other relevant financial exchange from time to time, in terms of the Applicable Procedures of BESA, as settlement agents to perform electronic settlement of funds and scrip on behalf of market participants;
Sample 1Sample 2
Settlement Agents means those Participants which are approved by the JSE or any other relevant financial exchange from time to time, in terms of the Applicable Procedures of the JSE, as settlement agents to perform electronic settlement of funds and scrip on behalf of market participants;
Sample 1Sample 2Sample 3

Examples of Settlement Agents in a sentence

  • The Settlement Agents Supervisory Board was abolished on 1 Jul 2011.

  • The Noteholder in respect of uncertificated Notes shall vote at any such meeting on behalf of the holders of Beneficial Interests in such Notes in accordance with the instructions to the CSD from the holders of Beneficial Interests conveyed through the Settlement Agents in accordance with the Applicable Procedures.

  • The Regulations govern also the relationships among Members themselves and between Members and Settlement Agents.

  • CC&G shall advise Members, including Settlement Agents, of cash amounts subject to daily settlement indicated in paragraph 1.

  • 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.

  • Beneficial Interests which are held by Participants (which are also Settlement Agents) may be held directly through the Central Securities Depository.

  • The Clearing House will monitor matching performance by Clearing Members or their Settlement Agents.

  • The ASP or the Clearing House's Settlement Agent will credit and debit the affected accounts maintained by the Clearing House's Settlement Agent and Members' Settlement Agents, either on the Effective Date or on receipt/payment dates of the claims.

  • ASP approved forms are available directly from the ASP.Where no Power of Attorney is operated by the Clearing House in respect of an ASP, Clearing Members who carry out settlement themselves or those persons acting as Settlement Agents must input all matching instructions directly to the ASP.

  • A.3. Provisions Related to Settlement Agents Article 2.2.3.5Clearing Members must ensure that they are able to:(i) perform the settlement of all their Transactions irrespective of the currency in which they are settled, as described in an Instruction;(ii) and, if relevant, provide Securities as Collateral.


More Definitions of Settlement Agents

Settlement Agents means the GDRs Settlement Agent and the Shares Settlement Agent. “Settlement Custodian” means Slovenská sporitel’ňa, a.s.
Sample 1
Settlement Agents means those Participants which are authorised by the
Sample 1

Related to Settlement Agents

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.

  • Escrow Agent means the escrow agent under the Escrow Agreement.

  • Settlement Class Counsel means the law firm of Xxxxxx Xxxxxx Xxxxx Xxxxxxx LLP.

  • Placement Agent means X.X. Xxxxxxxxxx & Co., LLC.

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • Payment Agent shall have the meaning set forth in Section 2.8(a).

  • Settling Parties means, collectively, Defendant and Plaintiffs, individually and on behalf of the Class and all Released Persons.

  • Plaintiffs’ Counsel means Lead Counsel and all other legal counsel who, at the direction and under the supervision of Lead Counsel, performed services on behalf of the Settlement Class in the Action.

  • Holder Representative has the meaning specified in Section 11.1.

  • Arrangers as defined in the preamble hereto.

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Lead Arrangers means Xxxxxxx Xxxxx Bank USA, Barclays Bank PLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., KKR Capital Markets LLC, Citigroup Global Markets Inc. and UBS Securities LLC.