Special Posting definition

Special Posting means a contingency arrangement to handle the situation where the computer of any of the Members, OTC Clear or the Clearing House Computer has failed to connect to SWIFT. The decision to trigger such arrangement shall be made at the request of the Member, OTC Clear or HKICL subject to the relevant approval(s) being sought in accordance with the provisions as set out in the Operating Procedures. This contingency arrangement is not applicable to payment instructions valued on any Supported Forward Day or to OTC Clear Debit Requests which request generation of OTC Clear Payment Instructions valued on any Supported Forward Day.
Sample 1Sample 2Sample 3
Special Posting means a contingency arrangement to handle the situation where the computer of any of the
Sample 1Sample 2
Special Posting means a contingency arrangement to handle the situation where the computer of any of the Members or the Clearing House Computer has failed to connect to SWIFT. The decision to trigger such arrangement shall be made at the request of the Member or HKICL subject to the relevant approval(s) being sought in accordance with the provisions as set out in the Operating Procedures. This contingency arrangement is not applicable to payment instructions valued on Supported Forward Days.
Sample 1

Examples of Special Posting in a sentence

  • Any Special Posting transactions not settled by the cut-off times for the respective payment instructions on the day of the request for Special Posting will be cancelled.

  • A request for Special Posting shall be made during the period referred to in the Operating Procedures.

  • The Members (except CLS Bank) who require Special Posting, or any Member (other than CLS Bank) when it is requested by HKICL to do so, should prepare a Special Posting authorisation letter and the instructions for Special Posting in electronic format and pass them to HKICL for triggering the operation of the Special Posting.

  • It is the Sending Member’s responsibility (or in relation to an OTC Clear Payment Instruction, the responsibility of the paying Member of the OTC Clear Payment Instruction) to ensure that there are sufficient funds in its Designated Settlement Account for settlement of Special Posting transactions.

  • CHATS Transactions (other than CHATS Transactions in respect of Articles) may only be input by Members addressed to themselves, other Members, MA or the Clearing House Computer or by virtue of a Special Posting or End of Day Net Settlement.

  • Save in respect of CB, it is the Sender’s responsibility (or in relation to an OTC Clear Payment Instruction, the responsibility of the paying Member of the OTC Clear Payment Instruction) to ensure that there are sufficient funds in its CHATS Ledger Account for settlement of Special Posting transactions.

  • CHATS Transactions (other than CHATS Transactions in respect of Articles) may only be input by Members or Global Users addressed to themselves, other Members, other Global Users, CB or the Clearing House Computer, or by CB addressed to Members or Global Users or the Clearing House Computer, or by virtue of a Special Posting.

  • It is the Sending Member’s responsibility (or in relation to an OTC Clear Payment Instruction, the responsibility of the paying Member of the OTC Clear Payment Instruction) to ensure that there are sufficient funds in its CHATS Ledger Account for settlement of Special Posting transactions.

  • The Direct Participants who require Special Posting, or any Direct Participant when it is requested by HKICL to do so, should prepare a Special Posting authorisation letter and the instructions for Special Posting in electronic format and pass them to HKICL for triggering the operation of the Special Posting.

  • A Sender who requires Special Posting, or any Member or CB when it is requested by HKICL to do so, should prepare a Special Posting authorisation letter and the instructions for Special Posting in electronic format and pass them to HKICL for triggering the operation of Special Posting.

Related to Special Posting

  • Internet Website The Internet Websites maintained by the Trustee and, if applicable, the Master Servicer initially located at "xxx.xxxxxxx.xxx/xxxx" and "xxx.xxxxxxxxxx.xxx", respectively, or such other address as provided to the parties hereto from time to time.

  • Our Website means the website at xxxx://xxx.xxxxxxxxxxx.xxx.xxx.xx or such other website as We may from time to time notify You;

  • City Ledger Report means a list submitted by the Contractor indicating on a daily basis its total number of sleeping room nights rented as well as the total number for sleeping rooms removed from its available inventory or rentals, for purposes of repair.