Common use of Settlement Method Election Date Clause in Contracts

Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date, except that in the case of Physical Settlement, the date specified in writing by Counterparty no later than 5:00 p.m., New York City time, on the relevant Designated Date.

Appears in 3 contracts

Samples: Letter Agreement (Duke Energy CORP), Duke Energy CORP, Duke Energy CORP

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Settlement Method Election Date. The second Scheduled Trading Day immediately preceding the relevant Designated Date, except that in the case of Physical Settlement, the date specified in writing by Counterparty no later than 5:00 p.m., New York City time, on the relevant Designated Date. Default Settlement Method: Physical Settlement.

Appears in 2 contracts

Samples: Duke Energy CORP, Duke Energy CORP

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