Settlement Finality Directive definition
Examples of Settlement Finality Directive in a sentence
Parties hereby agree that the Escrow Allowances shall constitute collateral security within the meaning of Article 2 (m) of Settlement Finality Directive benefitting from the protection of Article 9(1) of the Settlement Finality Directive, as transposed in transposed into German law by the “Gesetz zur Änderung insolvenzrechtlicher und kreditwesenrechtlicher Vorschriften” on 8 December 1999 (BGBl. 1999, Nr. 54, p.
In case of return of Custodial Allowances, Replacement Allowances and/or Remaining Allowances, the Custodian shall immediately notify EEX and request the cancellation of the auctions covered by the Custodial Allowances concerned without delay, provided however that such cancellation does not result in the revocation of any Transfer Orders after the moment that such Transfer Orders became irrevocable in accordance with the provisions of the Settlement Finality Directive.