Creation Settlement Date definition

Creation Settlement Date means, with respect to any Creation Order, the Business Day on which such Creation Order settles, as specified in the PA Procedures.
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Creation Settlement Date means the first or second Business Day following the Trade Date as specified in the applicable Creation Order, subject to the exceptions described in the Procedures.
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Creation Settlement Date means the Business Day following the Trade Date.
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Examples of Creation Settlement Date in a sentence

  • By the end of day Eastern Standard Time (or such other time as the parties may agree) on Creation Trade Date, the Administrator will calculate and transmit the Required Cash Creation Total, consisting of (1) the Basket Cash Component, (2) Cash Amount, and (3) any Purchase Slippage, to the Authorized Participant, which the Authorized Participant shall be responsible for delivering in cash on Creation Settlement Date to the Trust’s account at the Cash Custodian.

  • On the Creation Settlement Date, the Authorized Participant shall wire the Required Cash Creation Total to the Trust’s account at the Cash Custodian in cleared, immediately available funds by 1:00 p.m.


More Definitions of Creation Settlement Date

Creation Settlement Date means, in respect of a Valid Creation Confirmation Order, the date on which (i) the relevant ETP Securities have been issued in full by the Issuer to the relevant Authorised Participant(s) and (ii) theCreation Settlement Amount in respect of each ETP Security proposed to be issued has been paid in full by the Authorised Participant(s) to the Issuer, which, as at the Creation Trade Date, is scheduled to be the Scheduled Creation Settlement Date.
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Related to Creation Settlement Date

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;