Examples of Special Participant in a sentence
Where the Participant is a Clearing Agency Participant which is a China Connect Clearing House, Marks will be computed and collected from or redelivered to such Participant separately in respect of each of its designated Special Participants with reference to the CNS stock positions arising from Exchange Trades executed by such Special Participant, and references to the CNS stock positions of a Participant in this Section 10.10 shall be construed accordingly for such Clearing Agency Participant.
The lump sum of a Special Participant who is also a Participant in this Plan shall be paid pursuant to the valid election such Participant has made for the rest of his or her benefit that is payable hereunder.
For purposes of this clause 6.1 only, the term “Applicable Law” when used in this clause 6.1 with respect to any Special Participant located in Israel shall also have the same meaning ascribed to such term in the Additional Conditions.
Any such payments will only last through the end of the calendar month during which such Special Participant attains age 55.
For those Trade Amendments relating to Exchange Trades in which a GCP or a Clearing Agency Participant has been substituted as a party, the GCP or Clearing Agency Participant shall notify the NCP or Special Participant concerned that the Trade Amendment has not been accepted by HKSCC.