X/N System definition

X/N System means the book-entry clearance and settlement system operated by the NBB.
Sample 1
X/N System means the clearing system operated by the National Bank of Belgium.
Sample 1
X/N System means the book-entry clearance and settlement system operated by the NBB. 2. Form, Denomination and TitleThe Securities are in bearer form in the denomination of €1,000 with Coupons and talons (each, a “Talon”) for further Coupons attached at the time of issue.Title to the Securities, the Coupons and the Talons will pass by delivery. The holder of any Security, Coupon or Talon shall (except as otherwise required by law) be treated as its absolute owner for all purposes (whether or not it is overdue and regardless of any notice of ownership, trust or any other interest therein, any writing thereon or any notice of any previous loss or theft thereof) and no person shall be liable for so treating such holder.No person shall have any right to enforce any term or condition of the Securities under the Contracts (Rights of Third Parties) Act 1999.The Securities and the Coupons may only be acquired, subscribed and/or held by Eligible Investors. 3. Status and Support Agreement
Sample 1

Examples of X/N System in a sentence

  • The Issuer nor any Agent will have no responsibility or liability for the records relating to, or payments made in respect of, the Notes within the X/N System, Euroclear or Clearstream, Luxembourg.

  • The Notes will be represented exclusively by book entries in the records of the X/N System.

  • Access to the X/N System is available through the X/N System participants whose membership extends to securities such as the Notes.

  • The X/N System participants include certain banks, stockbrokers ("beursvennootschappen"/"sociétés de bourse"), and Euroclear and Clearstream, Luxembourg.Transfers of interests in the Notes will be effected between the X/N System participants in accordance with the rules and operating procedures of the X/N System.

  • Transfers between investors will be effected in accordance with the respective rules and operating procedures of the X/N System participants through which they hold their Bonds.

  • X/N System participants include certain banks, stockbrokers (beursvennootschappen/sociétés de bourse), and Euroclear and Clearstream, Luxembourg.

  • The Trustee may rely and shall be fully protected in relying upon information furnished by the X/N System with respect to its members, Participants and any beneficial owners.

  • X/N System participants include certain banks, stockbrokers (beursvennootschappen/sociétés de bourse), and Euroclear and Clearstream, Luxembourg, as well as Monte Titoli SPA and SIX SIS AG.

  • Such Global Notes will be deposited with a common depositary or a common safekeeper, as the case may be, for Euroclear and Clearstream, Luxembourg or, the NBB in the case of Notes issued by BNPPF where the relevant Global Note is deposited with the NBB as operator of the X/N System.

  • The relevant Issuer, the Domiciliary Agent, the Fiscal Agent and Paying Agent will have no responsibility for the proper performance by the X/N System, Euroclear and Clearstream, Luxembourg and the relevant Issuer will have no responsibility or liability for the records relating to, or payments made in respect of, the Notes within the X/N System, Euroclear and Clearstream, Luxembourg.

Related to X/N System

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • Irrigation System means such major, medium and minor irrigation system for harnessing water for irrigation and other allied uses from Government source and includes reservoirs, open head channels, diversion systems, lift irrigation schemes, anicuts, tanks, wells and the like.

  • Collection System means software used for the collection, tracking, and reporting of 34 outcomes data for Clients enrolled in the FSP programs.

  • Reservation System means the Contributor's Reservation Terminal and Reservation System equipment and software, if any.

  • Transportation System means the facilities at any time in place to receive Shipper’s Gas at the Entry Point(s), process, handle, transport and redeliver the Gas at the Exit Point(s), in accordance with the Transportation Agreement, as detailed in Transportation System Description.

  • SDX System means the system used by NERC to exchange system data.

  • Transmission System means the facilities controlled or operated by the Transmission Provider within the PJM Region that are used to provide transmission service under Tariff, Part II and Part III. Transmission Withdrawal Rights:

  • Leak-detection system means a system capable of detecting the failure of either the primary or secondary containment structure or the presence of a release of hazardous waste or accumulated liquid in the secondary containment structure. Such a system must employ operational controls (e.g., daily visual inspections for releases into the secondary containment system of aboveground tanks) or consist of an interstitial monitoring device designed to detect continuously and automatically the failure of the primary or secondary containment structure or the presence of a release of hazardous waste into the secondary containment structure.

  • Information system means a discrete set of information resources organized for the collection, processing, maintenance, use, sharing, dissemination, or disposition of information (44 U.S.C. 3502).

  • Distribution System means the system of wires and associated facilities between the delivery points on the transmission lines or the generating station connection and the point of connection to the installation of the consumers;

  • telecommunication system means any system (including the apparatus comprised in it) which exists (whether wholly or partly in Jersey or elsewhere) for the purpose of facilitating the transmission of communications by any means involving the use of electrical or electro- magnetic energy;

  • Cable television system means any facility consisting of a set of closed transmission paths and associated equipment designed to provide video programming to multiple subscribers when subscriber interaction is required to select a specific video program for an access fee established by the cable television system for that specific video program.

  • Transmission System Operator means a natural or legal person responsible for operating, ensuring the maintenance of and, if necessary, developing the transmission system in a given area and, where applicable, its interconnections with other systems, and for ensuring the long-term ability of the system to meet reasonable demands for the transmission of electricity;

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Transmission System Code means the code, approved by the Board, that is in force at the relevant time, which regulates the financial and information obligations of the Transmitter with respect to its relationship with customers, as well as establishing the standards for connection of customers to, and expansion of a transmission system;

  • distribution system operator means a natural or legal person responsible for operating, ensuring the maintenance of and, if necessary, developing the distribution system in a given area and, where applicable, its interconnections with other systems and for ensuring the long-term ability of the system to meet reasonable demands for the distribution of electricity;

  • XXXXX System means the XXXXX filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • Verification system means the system maintained by the department under section 19-24.1-31 for verification of registry identification cards.

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • distance education system means the system of imparting education through any means of communication, such as broadcasting, telecasting, correspondence courses, seminars, contact programmes or the combination of any two or more such means;

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Data Collection System means software designed for collection, tracking and reporting 17 outcomes data for Resident enrolled in the FSP Programs.

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • Centralized Message Distribution System (CMDS) means the transport system that LECs use to exchange outcollect and Carrier Access Billing System “CABS” access messages among each other and other Parties connected to CMDS.

  • 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.

  • Wastewater collection system means the sewer and pumping system used for the collection and conveyance of domestic, commercial and industrial wastewater; and