Settlement Participant definition

Settlement Participant means a person admitted as a participant under the Settlement Rules.
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Settlement Participant means a participant which maintains an FPS Ledger Account for the purpose of settlement of funds in FPS and “its Settlement Participant” means, in relation to a Clearing Participant, a Settlement Participant with respect to whom it has been agreed with such Clearing Participant that such Settlement Participant shall permit payments by or to such Clearing Participant to be settled through such Settlement Participant’s FPS Ledger Account.
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Settlement Participant. Has the meaning given in the ASX Settlement Operating Rules. Generally, Settlement Participant covers persons that are not Brokers but who satisfy certain eligibility criteria in the ASX Settlement Operating Rules. Term Meaning Sponsor Pirie Street Custodian Ltd (ABN 64 000 000 000, AFSL 240521) or such other Person as the Lender may nominate from time to time. Sponsorship Agreement The agreement between each Security Owner and the Sponsor or the Nominee and the Sponsor, the terms and conditions of which are set out in Part 1, Part 4 and Part 6.
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Examples of Settlement Participant in a sentence

  • Named Plaintiff shall provide the Claims Administrator with W-9 Form, and the Claims Administrator shall issue an IRS Form 1099 to each Settlement Participant in the amount of the non-wage income.


More Definitions of Settlement Participant

Settlement Participant means any person receiving or handling funds for CIBC or the Beneficiary including but not limited to other financial institutions, CPA and SWIFT and their respective agents and service providers.
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Settlement Participant means a participant of an Approved Settlement Facility who has approval to settle transactions in the facility.
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Settlement Participant means a system participant which can settle transactions on his own account and for other system participants;
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Settlement Participant means the Settlement Class Member who timely and properly submit a fully executed original Claim and Release Form, and a W-9 Form so that they are postmarked and mailed to the Claims Administrator by the Claim Deadline.
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Related to Settlement Participant

  • Participant has the meaning specified in Section 10.06(d).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Other Participant means a cooperative project participant other than the United States.

  • Defaulting Participant means a Participant which the Project Committee has declared to be in substantial breach of this Consortium Agreement or the PPP Allowance Agreement in accordance with Sections 3.5 and 6.5 of this Consortium Agreement;

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.