Common use of SETTLEMENT REQUIREMENTS Clause in Contracts

SETTLEMENT REQUIREMENTS. The issue of a Confirmation means that the FX Conversion or Payment has been created and cannot be cancelled by you. We will deduct the relevant proceeds due and payable in connection with the FX Conversion or Payment from your Wallet on the Settlement Date. You must ensure that there are sufficient funds available in your Wallet by the relevant Settlement Cut-Off time.

Appears in 9 contracts

Samples: Payout and Fx Terms, Payout and Fx Terms, Payout and Fx Terms

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SETTLEMENT REQUIREMENTS. The issue of a Confirmation means that the FX Conversion or Payment has been created and cannot be cancelled by you. We will deduct the relevant proceeds due and payable in connection with the FX Conversion or Payment from your Wallet on the Settlement Date. You must ensure that there are sufficient funds available in your Wallet by the relevant Settlement Cut-Off time.time.β€Œ

Appears in 1 contract

Samples: Payout and Fx Terms

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