Common use of Settlement Period Clause in Contracts

Settlement Period. 24.3.1. The settlement period will be calculated from the banking day when the Transaction data has been received by Nets. The Transaction data must be received by Nets no later than at 19:00 in order to be deemed to have been received on that banking day.

Settlement Period. 24.3.1. The settlement period will be calculated from the banking day when the Transaction data has been received re- ceived by Nets. The Transaction data must be received by Nets no later than at 19:00 in order to be deemed to have been received on that banking day.