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if the participant so requests , the ecb shall transmit an icm broadcast message to inform other participants about the participant 's use of backup lump sum payments .
if the participant so requests , the ecb shall transmit an icm broadcast message to inform other participants about the participant 's use of backup lump sum payments .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
the participants shall bear any losses arising from the submission of a payment order to participants whose participation has been suspended or terminated if such payment order was entered into target2-ecb after receipt of the icm broadcast message .
the participants shall bear any losses arising from the submission of a payment order to participants whose participation has been suspended or terminated if such payment order was entered into target2-ecb after receipt of the icm broadcast message .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
( b ) in the event that the ecb is informed by another cb of a suspension or termination of a participant in another target2 component system , the ecb shall immediately inform its participants of such suspension or termination by means of an icm broadcast message .
( b ) in the event that the ecb is informed by another cb of a suspension or termination of a participant in another target2 component system , the ecb shall immediately inform its participants of such suspension or termination by means of an icm broadcast message .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
( c ) once such an icm broadcast message has been received by the participants , the latter shall be deemed informed of the termination / suspension of a participant 's participation in target2-ecb or another target2 component system .
( c ) once such an icm broadcast message has been received by the participants , the latter shall be deemed informed of the termination / suspension of a participant 's participation in target2-ecb or another target2 component system .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
( a ) in the event that the ecb suspends or terminates a participant 's participation in target2-ecb under paragraph 1 or 2 , the ecb shall immediately inform that participant , other cbs and the other participants of such suspension or termination by means of an icm broadcast message .
( a ) in the event that the ecb suspends or terminates a participant 's participation in target2-ecb under paragraph 1 or 2 , the ecb shall immediately inform that participant , other cbs and the other participants of such suspension or termination by means of an icm broadcast message .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
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