SI Transaction definition

SI Transaction means a transaction to be settled in CCASS between two Participants other than Investor Participants as a result of the input of a Settlement Instruction, authorized, if required, by each of the Participants (such Settlement Instructions being matched in CCASS);
SI Transaction means a transaction to be settled in CCASS between two Participants other than Investor Participants as a result of the input of a Settlement Instruction, authorized, if required, by each of the Participants (such Settlement Instructions being matched in CCASS);“Special China Connect Securities”has the same meaning as defined in the Exchange Rules;“Special Participant”has the same meaning as defined in the Exchange Rules;“Special SEHK Securities”has the same meaning as defined in the Exchange Rules. Unless the context requires otherwise, any reference in the Rules to “SEHK Securities” includes “Special SEHK Securities”;“Stock Account”means, (i) in relation to each Clearing Participant or Clearing Agency Participant, each Stock Clearing Account, Stock Segregated Account, Stock Lending Account and Stock Collateral Control Account; (ii) in relation to each Investor Participant, each Stock Clearing Account; and (iii) in relation to each Participant other than a Clearing Participant, a Clearing Agency Participant or an Investor Participant, each Stock Clearing Account, Stock Segregated Account and Stock Lending Account, allocated to and operated by it in which Eligible Securities of such Participant are credited or debited, as referred to in Rule 601, and in relation to a TSF CCASS Participant, means, additionally, each TSF Account allocated to it by HKSCC under Rule 12A08;“Stock Collateral Control Account”means, in relation to each Clearing Participant or Clearing Agency Participant, the Stock Account in CCASS of such Participant which records (i) the Collateral Securities that have been transferred from Stock Accounts of that Participant to its CCMS Collateral Account(s), as referred to in Rule 601 and(ii) the Eligible Securities that have been transferred from Stock Accounts of that Participant to a collateral account established in CCMS for that Participant by another Recognized Clearing House under its rules;“Stock Segregated Accounts” or “SSA”means, (i) in relation to each Clearing Participant or Clearing Agency Participant, the Stock Accounts in CCASS of such Participant other than its Stock Clearing Account, Stock Lending Account and Stock Collateral Control Account; and (ii) in relation to each Participant other than a Clearing Participant, a Clearing Agency Participant or an Investor Participant, the Stock Accounts in CCASS of such Participant other than its Stock Clearing Account and Stock Lending Account, as referred to in Rule 601, including but no...

Examples of SI Transaction in a sentence

  • This Agreement, the Merger and the Spinoffs (and/or any S/I Transaction, if requiring such approval) shall have been approved and adopted by the requisite vote of the stockholders of Tenneco in accordance with the certificate of incorporation of Tenneco and the DGCL.

  • Tenneco may enter into any such S/I Transaction in its sole discretion if the subject S/I Transaction would not be adverse, other than to a de minimis extent, to Acquiror or the Energy Business (including with respect to any covenants or obligations of a party under this Agreement or the Distribution Agreement) and would not render the Merger impossible or impracticable or materially delay or prevent consummation thereof.

  • The Distribution Agreement, in substantially the form attached hereto with such changes as do not adversely affect, other than to a de minimis extent, the Energy Business, shall have been duly executed and delivered by each of Tenneco, the Industrial Subsidiary and the Shipbuilding Subsidiary, and the transactions contemplated thereby, including the Spinoffs (and/or any S/I Transaction) and the Debt Realignment, shall have been consummated (with only such changes).

  • WB QT hereby waives any provision under the Credit Agreement that would prohibit or restrict Quantum from entering into the SI Transaction and agrees that Quantum’s consummation of the SPI Transaction will not constitute a default under the Credit Agreement or any other document or agreement between WB QT and Quantum.

Related to SI Transaction

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Company Transaction means the consummation of

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.