Clearing House Sample Clauses

Clearing House. Participant shall defend, indemnify and hold the Clearing House harmless from and against all Losses directly or indirectly incurred by the Clearing House arising out of an act or omission of Participant in relation to a Transaction or Participant’s use of the Services or the System.

Clearing House. 7.1 The Clearing House is a tax-free financial reserve that provides for the financial stability of the RIPE NCC. 7.2 The General Meeting will each year decide on whether the RIPE NCC's financial result will be added or deducted to or from the Clearing House reserve or will be redistributed among the Members. The General Meeting may also decide to redistribute a one-off amount from the Clearing House to the Members. 7.3 The RIPE NCC Clearing House Procedure stipulates the details of a potential redistribution as referred to in Art 7.2. A Member's share of a potential redistribution shall be credited to the Member on the service fee of the year following the year that the General Meeting has decided on the redistribution. 7.4 The Member may participate in the Clearing House procedure, provided that it has fulfilled the service fee payment in accordance with Art. 5 for the relevant year referred to in Art 7.2. 7.5 In the event the RIPE NCC Standard Service Agreement is terminated in the year referred to in Article 7.2, the Member will not participate in the Clearing House procedure.

Clearing House. Fiserv Account #: ------------------------- DTC #: 0632 Name on Account: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Escrow Account

Clearing House. The purpose of the Clearing House is to implement the logic specific to user projects and slices. The tasks of the Clearing House are to verify the user permissions, the operations performed on the slices, the slice policies, and the behaviour specification for each slice and between slices. Aggregate Managers are entities with identical (or similar) interfaces, that can be put in a recursive architecture. This means, that these entities have an identical (or similar) interface. This applies to the north and south bound interface, so that they can be stacked. An Aggregate Manager serves resource booking and monitoring requests by either: • Pre-processing/checking the request (e.g. against policies), breaking it up and delegating it further (down) or • Managing the booking itself o If it does perform the booking itself it is called Resource Manager (RM) • Same thing for monitoring requests. This means an AM hides complexity of the lower AMs and collects information of the lower entities. Currently there are two kinds of AMs in production OCF: VT AM, for virtualized servers and Opt-in Manager for OF resources. The first one originally uses a custom XMLRPC API and RSpec which describes both the action to perform and the resources affected. The Opt-in uses also an XMLRPC API and GENIv1 OF RSpec. Nevertheless SFA APIs were added to these AMs, as also new AMs are about to be integrated in OCF in order to fulfil FIBRE Federation framework as it will be explained in following sections. The architecture defines that AMs and RMs may form a hierarchical chain, also due to the fact they all speak the same APIs and have the same authorization and authentication frameworks. This will be achieved since all the different AM/RMs will be based on the same package which can be considered as the base toolset to build ▇▇▇▇▇▇ AMs. It encapsulates common tasks which are performed by every AM/RM, such as Authentication & Authorization, interfaces such as the native ▇▇▇▇▇▇ API, GENI API v2 and v3 and common AM/RM abstractions and mechanisms, like booking and monitoring logic. The aggregation of AMs is something allowed by the architecture itself and may be implemented depending on the specific management requirements (resource aggregation). The architecture also defines that AM/RM component may implement policies locally according to the operational needs. Figure 2 depicts the OCF architecture in a more general way, decoupled of a specific implementation.

Clearing House. An entity who processes [transfer orders]2) received from institutions and who is responsible for their netting, also, if applicable, a possible central counterparty or a possible settlement agent.

Clearing House. 2.1 On many exchanges, the performance of a transaction by us (or third party with whom it is dealing on your behalf) is ‘guaranteed’ by the exchange or clearing house. However, this guarantee is unlikely in most circumstances to cover you, the client, and may not protect you if we default in our obligations to you or another party defaults on its obligations to you. On request, we will endeavour to explain any protection provided to you under the clearing guarantee applicable to any on- exchange derivatives in which you are dealing. There is no clearing house for traditional options, nor ordinarily for off- exchange instruments which are not traded under the rules of a regulated market.

Clearing House. It refers to the clearing house established at the Exchange or any such other entity assigned to perform the clearing of the trading performed at the Borsa Istanbul Futures and Options Market (VIOP) or at such other organized markets.

Clearing House. 7.1 In any given year the financial surplus or deficit of the RIPE NCC is accounted for in a separate reserve of the RIPE NCC called the Clearing House. 7.2 The Clearing House may equal a maximum of three times the total amount of the RIPE NCC service fees in the relevant financial year. If and when the previously mentioned maximum is exceeded, the RIPE NCC Clearing House Procedure is executed, in the year following the relevant financial year. 7.3 The Clearing House procedure stipulates that the excess amount shall be returned to the Members in proportion to the level of the service fees paid in the relevant financial year and the two previous years. This excess amount shall be credited to the Member on the service fee of the year following the year that the Clearing House procedure has taken place. 7.4 Only the Members that have fulfilled the service fee payment for the relevant financial year take part in the Clearing House procedure. 7.5 In the event the RIPE NCC Standard Service Agreement is terminated in the financial year referred to in Article 7.2, the Member will not participate in the Clearing House procedure.

Clearing House. Notwithstanding any other provision elsewhere contained in this Agreement, in no event shall the Bank be liable to any Fund or any third party for special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.