Velocity Nominees definition

Velocity Nominees means Velocity Nominees (Pty) Limited Registration No. 2010/015205/07, which is a 100% owned subsidiary of Velocity Trade; and
Sample 1Sample 2Sample 3
Velocity Nominees means Velocity Nominees (Pty) Limited Registration No. 2010/015205/07, which is a 100% owned subsidiary of Velocity Trade;
Sample 1Sample 2

Examples of Velocity Nominees in a sentence

  • Should the Client intend to take delivery of the currency covered by any other obligation, Velocity and Velocity Nominees requires the Client to sign a lending agreement so it may use the currencies, property, depository receipts or evidence of ownership thereof, as collateral for a bank loan, the proceeds of which may be used to pay for the currencies or evidence of ownership thereof, until payment in full, including interest, by the Client.

  • Further, if more than one delivery of a particular currency is to be made between the Client and Velocity Nominees pursuant to a foreign currency contract on any single delivery date, each party shall aggregate the amounts due by it and only the difference, if any, between these aggregate amounts shall be delivered by the party owing the larger amount to the other party.

  • In addition, Velocity may at any time, in its sole and absolute discretion, limit the number or types of positions that the Client may maintain or acquire with Velocity Nominees, and the Client agrees not to exceed such limits.

  • This authorization shall apply to all Accounts carried by Velocity Nominees for the Client and shall remain in full force until all accounts are fully paid for by the Client or notice of revocation is sent by Velocity and Velocity Nominees.

  • Velocity is further authorized to purchase and sell OTC FX for the Client’s Account with Velocity Nominees in accordance with the Client’s oral (proper identification required), written (signature required) or electronic (password required) instructions.

  • Nothing in this Agreement will exclude or restrict any duty or liability which Velocity and Velocity Nominees may owe to the Client under the regulatory system.

  • A lending agreement allows Velocity, Velocity Nominees and Velocity to use the depository receipt as collateral for a bank loan, the proceeds of which are used to pay for the depository receipts until rollover of the currency and/or payment in full by the Client.

  • These five dimensions of internal organisational factors used by Hornsby et al.

  • Velocity is not responsible for the performance or non-performance by any third party (including other dealers or banks) to Velocity and Velocity Nominees of its obligations in respect of any OTC FX contract or other property of the Client; or for delays in the transmission, delivery or execution of the Client’s orders due to malfunctions of communications facilities or systems or other causes beyond Velocity’s reasonable control or anticipation.

  • Yourself, Velocity, Velocity Nominees and Velocity are obligated to perform their respective responsibilities and obligation under each transaction in accordance with its terms.

Related to Velocity Nominees

  • Investor Nominee means a person designated for election to the Board of Directors by the Investor pursuant to the Investment Agreement.

  • Over-Riding Nomination Criteria means the criteria set out in clause 4.2.

  • Board Designee means an employee of the Board who has been given authority by the Board to carry out a function for the Board (e.g., the Clerk, Assistant Clerk of the Board, or hearing officer).

  • Crew leader means a person employed to organize the work for a crew of

  • Nominees means the person(s) named by you and registered with us in accordance with the Nomination Schedule, who is authorised to receive the Death Benefit under this Policy, on the death of the Annuitant;

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Project Director means an employee of the Recipient designated by the Authorized Representative to be responsible for the overall management of the administrative and technical aspects of the executed Agreement. The Project Director is set forth in Section 2 of this Agreement.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Proposed Nominee Associated Person of any Proposed Nominee shall mean (A) any Person acting in concert with such Proposed Nominee, (B) any direct or indirect beneficial owner of Shares owned of record or beneficially by such Proposed Nominee or Person acting in concert with the Proposed Nominee and (C) any Person controlling, controlled by or under common control with such Proposed Nominee or a Proposed Nominee Associated Person.

  • Purchaser Designee means each individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s rights pursuant to Section 4.07(a) and/or Section 4.07(e), together with any designee(s) of the Purchaser who is then standing for election to the Board of Directors pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

  • Election Sign means a sign advertising or promoting the election of a political party or a candidate for public office in a federal, provincial or municipal election;

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • CDR Xxxxxxx, Dubilier & Rice, LLC and any successor in interest thereto, and any successor to its investment management business.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Nomination means a request by a Shipper to Carrier to transport a stated quantity of Crude Petroleum on the Pipeline for the account of such Shipper in any month.

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;