Clearing Corporation Clause Samples

Clearing Corporation. The meaning set forth in Section 7(h) of this Agreement.
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Clearing Corporation. A corporation as defined in Code of Ala. 1975, §7-8-102(a)(5), that is organized for the purpose of effecting transactions in securities by computerized book- entry, except that with respect to securities issued by institutions organized or existing under the laws of a foreign country or securities used to meet the deposit requirements pursuant to the laws of a foreign country as a condition of doing business therein, "clearing corporation" may include a corporation that is organized or existing under the laws of a foreign country and which is legally qualified under those laws to effect transactions in securities by computerized book-entry. Clearing corporation also includes “Treasury/Reserve Automated Debt Entry Securities System” and “Treasury Direct” book-entry securities systems established pursuant to 31 USC §§3100, et seq., 12 USC pt. 391, and 5 USC pt. 301.
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Clearing Corporation. The Administrator is not a "clearing corporation" (as such term is defined in ss.8-102(3) of the UCC).
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Clearing Corporation. Apex Fintech Brokerage Services has entered into a clearing agreement with Apex Clearing Corporation whereby Apex Fintech Brokerage Services will introduce your Account to Apex Clearing Corporation, and Apex Clearing Corporation may clear all transactions, on a fully- disclosed basis. You understand that Apex Clearing Corporation carries your Account and is responsible for the clearing and bookkeeping of transactions, but is not otherwise responsible for the conduct of Apex Fintech Brokerage Services. You agree that until receipt of written notice from you to the contrary,
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Clearing Corporation. (i) Clearstream, (ii) DTC, (iii) Euroclear and (iv) any entity included within the meaning of “clearing corporation” under Section 8-102(a)(5) of the UCC.
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Related to Clearing Corporation

  • Depository Depository shall mean The Depository Trust Company ("DTC"), a clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934 ("Exchange Act"), its successor or successors and its nominee or nominees. The term "Depository" shall further mean and include any other person authorized to act as a depository under the 1940 Act, its successor or successors and its nominee or nominees, specifically identified in a certified copy of a resolution of the Board.

  • Clearing Systems In delivering any Global Note or Global Certificate in accordance with Clause 3.4.1, the Fiscal Agent shall give instructions to the relevant clearing system to hold the Notes represented by it to the order of the Fiscal Agent pending transfer to the securities account(s) referred to in Clause 3.4. 1. Upon payment for any such Notes being made to the Fiscal Agent, it shall transfer such payment to the account of the Issuer notified to it by the Issuer. For so long as any such Note continues to be held to the order of the Fiscal Agent, the Fiscal Agent shall hold such Note to the order of the Issuer.