Settlement Rules definition

Settlement Rules means the operating rules, procedures, practices, directions, decisions and requirements of a Settlement Facility.
Settlement Rules means the rules, procedures, internal policies, standards or bylaws used by Intermediaries or by us, or to which Intermediaries or we may be subject.
Settlement Rules means the rules, that provide the basis upon which payment obligations are calculated, netted or settled and includes rules for the taking of action in the event that a participant is unable or likely to become unable to meet its obligations to a payment system, clearing house, central counter-party or other participants and includes settlement of obligations from securities;

Examples of Settlement Rules in a sentence

  • In this Constitution: Applicable Law means the Corporations Act, the Listing Rules and the Settlement Rules.

  • ASTC Settlement Rules mean the settlement rules of Australian Settlement and Transfer Corporation Pty Ltd.

  • Collection, maintenance and disclosure of certain personal information is governed by legislation including the Privacy Act 1988 (Cth) (as amended), the Corporations Act and certain rules such as the ASTC Settlement Rules.

  • If the transfer is a proper ASX Settlement transfer, the transfer document must be in a form the directors approve, subject to the ASX Settlement Rules.

  • Any death benefit provided under a section of the Universal Life Coverage is payable according to that section and the Beneficiary and Mode of Settlement Rules.


More Definitions of Settlement Rules

Settlement Rules means the rules which determine how payment obligations are calculated, netted or settled and includes rules prescribing corrective, punitive or other action in the event that a settling participant is unable or is likely to become unable to meet its obligations to the clearing house, central counter-party or other settling participants;
Settlement Rules means rules, procedures, standards or bylaws used by Settlement Participants.
Settlement Rules means the adjustment of the Charges calculated in accordance with Schedule 5; “Sites” means the Provider’s sites which are detailed in Schedule 3;
Settlement Rules. – shall mean the rules of the Central Securities Depository – Settlement System Rules,
Settlement Rules means the settlement rules of the ASTC as amended or replaced from time to time.
Settlement Rules means the rules, however established, that provide the basis upon which payment obligations are calculated, netted or settled and includes rules for the taking of action in the event that a participant is unable or likely to become unable to meet its obligations to a payments system, clearing house, central counter-party or other participants. This also covers settlement of obligations from securities;
Settlement Rules has the meaning given in Schedule A, Section 17.5. Table of Contents