TARGET2 component system definition

TARGET2 component system means any of the CBs’ real-time gross settlement (RTGS) systems that form part of TARGET2,

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TARGET2 component system means any of the Eurosystem CBs’ RTGS systems that form part of TARGET2;

TARGET2 component system means any of the Euro- system CBs’ RTGS systems that form part of TARGET2,

Examples of TARGET2 component system in a sentence

Each of the AL group members may unilaterally terminate its participation in this agreement, provided it gives 14 business days’ written notice to the AL NCB in whose TARGET2 component system it participates and to the managing NCB.
Except on the opening of insolvency proceedings against one or more AL group members, an AL NCB may claim from each of the AL group members the full discharge of all obligations resulting from the settlement of payment orders of any AL group member in the latter’s TARGET2 component system.
AL group members shall be jointly and severally liable towards all AL NCBs in relation to all claims resulting from the settlement in their respective TARGET2 component system of the payment order of any AL group member.
Except on the opening of insolvency proceedings against one or more AL group members, an AL NCB may claim from each of the AL group members the full discharge of all obligations resulting from the settlement of payment orders of any AL group member in the latter's TARGET2 component system.
Each of the AL group members may unilaterally terminate its participation in this agreement, provided it gives a written notice within 14 business days to the AL NCB, in whose TARGET2 component system it participates, and to the managing NCB.
Each of the AL group members may unilaterally terminate its participation in this agreement, provided it gives a written notice within 14 business days to the AL NCB in whose TARGET2 component system it participates and to the managing NCB.

More Definitions of TARGET2 component system

TARGET2 component system means any of the CBs’ real-time gross settlement (RTGS) systems that form part of TARGET2;‘TARGET2 CUG’ means a subset of the TARGET2 network service provider’s customers grouped for the purpose of their use of the relevant services and products of the TARGET2 network service provider when accessing the PM;

TARGET2 component system means any of the CBs' real-time gross set- tlement (RTGS) systems that form part of TARGET2,

Related to TARGET2 component system

TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) system or any successor thereto.
Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.
Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data. "Calculation Agent" means the Calculation Agent as specified in § 2 (2) of the General Conditions.
MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;
Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.