T2 System definition

T2 System means the real time gross settlement system operated by the Eurosystem, or any successor system.

T2 System means the Real-Time Gross Settlement system operated by the Eurosystem or any successor system;

T2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer System or any successor or replacement for that system.

Examples of T2 System in a sentence

• Customer agrees that, except for the limited right to use the Services as set out in this Agreement, all rights, title and interest in and to the Services, the Digital Iris software, the T2 System, Documentation, and any other hardware, software, equipment and materials used by T2 in conjunction with the delivery of the Services, shall remain vested in T2 or its third party suppliers.

• Customer shall be solely responsible for, and shall hold T2, its third party suppliers, and their respective Representatives harmless from any loss, damage or liability arising in connection with Customer’s inputs, selection and use of the Services, and all data (including Customer Data), reports, statements and other content transmitted, posted, received or created on the T2 System through Customer’s account, even if transmitted, posted, received or created by a third party.

More Definitions of T2 System

T2 System means the Eurosystem's real-time gross settlement system (known as T2) which utilises a single shared platform or any successor thereto.

T2 System means the real-time gross settlement system operated by the Eurosystem (T2), or any successor thereto.

T2 System means the real time gross settlement system operated by Eurosystem (known as T2) (known as T2) System which was launched on 20 March 2023 or any successor thereto;

T2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer System or any successor or replacement system;

T2 System means the wholesale payment system comprising a real-time gross settlement system and a central liquidity management tool operated by the Eurosystem which was launched on 20 March 2023, or any successor system

T2 System means the real-time gross settlement system operated by the Eurosystem or any successor or replacement thereto.A “Tax Alignment Event” will be deemed to have occurred if at any time the Issuer determines, in consultation with the Relevant Supervisory Authority, that the obligation to pay Additional Amounts would not cause the Notes to no longer be treated under Applicable Supervisory Regulations as at least Tier 2 Capital and gives notice of such fact to the Fiscal Agent and the Noteholders, in accordance with Condition 13 (Notices).

T2 System means the Real-Time Gross-Settlement Express Transfer (known as T2) System which utilises a single shared platform and which was originally launched on 19 November 2007 or any successor or replacement thereto.