Settlement Risk. This is the risk of a loss being incurred by the AIF because a transaction that has been concluded is not executed as expected because a counterparty fails to pay or deliver or because operational errors occur in the execution of the transaction.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Settlement Risk. This is the risk of a loss being incurred by the AIF because a transaction that has been concluded con- cluded is not executed as expected because a counterparty fails to pay or deliver or because operational errors occur in the execution of the transaction.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement