NSCC definition

NSCC means the National Securities Clearing Corporation.
View Source
NSCC has the meaning ascribed thereto in Section 2.1(F)(6) hereof.
View Source
NSCC means the National Securities Clearing Corporation. “NYSE” means the New York Stock Exchange, Inc.
View Source

Examples of NSCC in a sentence

  • In no event shall any party be liable for the acts or omissions of DTC, NSCC or any other securities depository or clearing corporation.

  • The BDC shall pay a monthly fee of $750 for NSCC AIP connectivity and service fee, if required.

  • BNYM shall be obligated to receive and input into the Company Database only that Shareholder Data which has been delivered by a Financial Intermediary through the facilities maintained for such purpose by the NSCC or through the internal communications links provided in the 22c-2 System (“Designated Methods”).

  • The Authorized Participant agrees to be bound by the terms of such instructions issued by the Transfer Agent and reported to NSCC as though such instructions were issued by the Authorized Participant directly to NSCC, provided that such instructions issued by the Transfer Agent are consistent with the instructions issued by the Authorized Participant.

  • Cash required for settlement will typically be transferred to the Custodian through: (1) the Continuous Net Settlement (the “CNS”) clearing process of NSCC, as such processes have been enhanced to effect creations and redemptions of Creation Units; or (2) the facilities of DTC on a Delivery Versus Payment (“DVP”) basis, which is the procedure in which the buyer’s payment for securities is due at the time of delivery.


More Definitions of NSCC

NSCC the National Securities Clearing Corporation.
View Source
NSCC means the National Securities Clearing Corporation
View Source
NSCC means the National Securities Clearing Commission, any successor thereto and any analogous Governmental Authority.
View Source
NSCC means the National Securities Clearing Corporation, a corporation organized under the Business Corporation Law of the State of New York.
View Source
NSCC shall have the meaning ascribed to such term in Section 2.02(d) hereof.
View Source
NSCC means the National Secretariats Coordinating Committee” ;
View Source
NSCC means the National Securities Clearing Corporation, a subsidiary of the Depository Trust & Clearing Corporation, and the systems they offer to mutual funds including but not limited to, Fund/SERV, Networking, ACATS, Mutual Fund Profile, DCC&S, Commission Settlement, Fund/SPEED and TORA.
View Source