Settlement Process definition

Settlement Process means the process of debiting and crediting the CHATS Ledger Accounts of the Members for purposes of settlement of their respective Settlement Amounts in a Bulk Clearing Settlement Run and, depending on the context, includes a Re-Settlement as defined in Schedule I, a settlement of JETCO Items or SJET Items as provided for in Part IV of Schedule III, a settlement of Credit Card Items as provided for in Part V of Schedule III and a settlement of OTC Items as provided for in Part VI of Schedule III.

Settlement Process means the process of debiting and crediting the CHATS Ledger Accounts of the Members and CB for purposes of settlement of their respective Settlement Amounts in a Bulk Clearing Settlement Run and, depending on the context, includes a Re-Settlement as defined in Schedule I and a settlement of OTC Items as provided for in Part IV of Schedule III.

Settlement Process means the closing process on each Business Day by which Bank transfers money between the Concentration Account and any of Subsidiary Account to ensure that all Items drawn on the Subsidiary Account are paid and the Subsidiary Account maintains the specified Target Ledger Balances.

Examples of Settlement Process in a sentence

• The judges in the consolidated federal action and the consolidated California state action have approved an Intensive Settlement Process (“ISP”) for such claims in those actions.

• The judges in the consolidated federal action and the consolidated California state action have approved an Intensive Settlement Process ("ISP") for such claims in those actions.

• Settlement Process: Upon receipt of a complete claim, an ArcBest or service provider representative, as applicable, will review the claim and collect information to determine the cause and extent of the loss and/or damage claim.

• In determining the amount of Collateral required with respect to each Position Account as a result of a demand for ad hoc intra-day Initial Margin, OTC Clear will perform a process substantially similar to the End-of-Day Settlement Process that relates to the determination of end-of-day Initial Margin.

• IT IS FURTHER ORDERED BY THE COURT pursuant toL.R. 16.3.1 that the neutrals referenced in Section 3(II)(C) of this Order are hereby appointed and shall proceed with all reasonable diligence and shall exercise their rights and responsibilities under the Streamlined Settlement Process as the Special Master may direct.

More Definitions of Settlement Process

Settlement Process means the process set forth in this Agreement for the

Settlement Process has the meaning given in Section 5.3(a)vii. 

Settlement Process. The process of settling with the EDC for the charges or credits associated with volumetric differences between the scheduled deliveries and the Designated Green Mountain Customers' actual use."

Settlement Process has the meaning set forth in Section 7.7 of the General Terms and Conditions.

Settlement Process means the process applicable to the Parties which determines the total quantities of Energy delivered by AEP Generation Resources at the Delivery Points and received at the Delivery Points by Ohio Power to meet the requirements of SSO Customers for Default Generation Service.

Settlement Process means the process specified in Schedule 2; Supported Currencies means the currencies in which Transactions may be processed under this Agreement, as specified in Schedule 1; Technical Services means any services supplied by Globepay that are not regulated payment services (e.g. data transfer or 'gateway' services); Term the duration of this Agreement specified in Clause 14; Territory means countries specified in Schedule 1; Transaction means Payments, Reversals, Refunds and Refund Reversals; Transaction Data means documents, data and records of any kind relating to Transactions; Verification means the use of all reasonable means made available via Globepay, Vitesse and/or the Alipay/ WeChat Pay to verify that Transactions are valid;

Settlement Process the process of calculation of the Wholesale Charges in respect of each Supply Point; "Settlement Reports" the reports to be provided by the CMA to Scottish Water and each Licensed Provider in accordance with the Settlement Timetable set out in CSD 0201 (Settlement Timetable & Reporting); "Settlement Run" the preliminary run, the first, second, third and (where applicable) the fourth runs performed for each Settlement Day and the Tariff Year Settlement Run, as specified in CSD 0201 (Settlement Timetable & Reporting); "Settlement Timetable" the timetable set out in CSD 0201 (Settlement Timetable & Reporting); "Sewerage Services" or "SS" all Foul Sewerage Services, Surface Water Drainage Services and Trade Effluent Services which are provided to any Eligible Premises; "Sewerage Services Licence" a licence granted under section 6(3) of the 2005 Act; “Sewerage Services Supply Point” or “SS Supply Point” A Supply Point that receives Sewerage Services; "Single Meter Supply Point" a Metered Supply Point which has one (1) metered source; "Specialist Licensed Provider" a Licensed Provider which has Part D (Standard Conditions Applying to Specialist Water Services and Sewerage Services Licences) of the standard conditions (determined by the Commission under paragraph 2(2) of Schedule 2 to the 2005 Act) of its licence in effect;