Share Clearance System definition

Share Clearance System means the principal domestic clearance system customarily used for settling trades in the Share at any relevant time, as determined by the Calculation Agent.
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Share Clearance System means, in respect of any Share, the principal domestic clearance system customarily used for settling trades in this Share at any relevant time, as determined by the Calculation Agent.
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Share Clearance System means, in respect of a Share, the principal domestic clearance system customarily used for settling trades in the relevant Shares on any relevant date.
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Examples of Share Clearance System in a sentence

  • Share Clearance System Business Day in respect of a Share, any day on which the Share Clearance System is (or, but for the occurrence of a Share Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions.

  • Share Clearance System in respect of a Share, (i) the principal domestic clearance system customarily used for settling trades in such Share or (ii) if the clearance system described in clause (i) above ceases to settle trades in such Share, such other clearance system as determined by the Calculation Agent.

  • Settlement Cycle in respect of a Share, the period of Share Clearance System Business Days following a trade in such Share on the Exchange in which settlement will customarily occur according to the rules of the Exchange.

  • Share Settlement Disruption Event in respect of a Share, an event that the Calculation Agent determines is beyond the control of the Issuer and/or its affiliates as a result of which the Share Clearance System cannot clear the transfer of such Share.

  • Settlement Cycle in respect of a Share, the period of Share Clearance System Business Days following a trade in such Share on the Exchange in which settlement will customarily occur according to the rules of the Exchange.Abwicklungszyklus in Bezug auf eine Aktie die nach einer diese Aktie betreffende Transaktion an der Börse anfallende Anzahl von Aktien-Abrechnungssystem- Geschäftstagen, während der die Abwicklung gemäss den Vorschriften der Börse üblicherweise stattfindet.

  • Neither the Issuer nor the Delivery Agent shall under any circumstances be liable for any acts or defaults of Euroclear and/or Clearstream, as may be applicable, and/or the Deliverable Share Clearance System in relation to the performance of the duties in relation to the Notes, including but not limited to the delivery of the Deliverable Shares to the Noteholder.

  • Neither the Issuer nor the Delivery Agent shall under any circumstances be liable for any acts or defaults of Euroclear and/or Clearstream, as may be applicable, and/or the Share Clearance System in relation to the performance of the duties in relation to the Notes, including but not limited to the delivery of the Shares to the Noteholder.

  • The Issuer shall not under any circumstances be liable for any acts or defaults of Euroclear and/or Clearstream, Luxembourg, as may be applicable, and/or the Share Clearance System in relation to the performance of the duties in relation to the Notes, including but not limited to the delivery of the Shares to the Noteholder.

  • Share Clearance System Business Dayin respect of a Share, any day on which the Share Clearance System is (or, but for the occurrence of a Share Settlement Disruption Event, would have been) open for the acceptance and execution of settlement instructions.

  • Share Settlement Dis- ruption Eventin respect of a Share, an event that the Calculation Agent determines is beyond the control of the Issuer and/or its affiliates as a result of which the Share Clearance System cannot clear the transfer of such Share.

Related to Share Clearance System

  • Clearance System means the principal domestic clearance system customarily used for settling trades with respect to the Underlying as determined by the Calculation Agent acting in accordance with relevant market practice and in good faith.

  • Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • Drug abuse means any pattern of pathological use of drugs that causes impairment in social or occupational functioning, or that produces physiological dependency evidenced by physical tolerance or by physical symptoms when it is withdrawn.

  • Pre-commissioning means the testing, checking, and any other required activity that may be specified in the Technical Requirements that are to be carried out by the Supplier in preparation for Commissioning of the System as provided in GCC Clause 26 (Installation).

  • EU GDPR means Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC.