Customer Physical Settlement Request definition

Customer Physical Settlement Request means the Physical Settlement Buy Request or Physical Settlement Sell Request, as applicable, specified by a customer of a Participating Bidder in the Customer Physical Settlement Request Letter submitted by such customer and accepted by such Participating Bidder.
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Customer Physical Settlement Request means a Physical Settlement Buy Request or a Physical Settlement Sell Request submitted by a customer of a Participating Bidder to such Participating Bidder and taken into account by such Participating Bidder in the Physical Settlement Request received by the Administrators from such Participating Bidder during the Initial Bidding Period.
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Customer Physical Settlement Request means a firm commitment by a customer submitted by such customer to a Participating Bidder (which may be taken into account by such Participating Bidder in the Physical Settlement Request received by the Administrators from such Participating Bidder during the Initial Bidding Period) to enter as Buyer (i.e., the party that would Deliver Deliverable Obligations) or Seller (i.e., the party that has an obligation to accept Delivery of Deliverable Obligations) into an agreement on terms equivalent to the Representative Auction- Settled Transaction for which the Floating Rate Payer Calculation Amount is the Quotation Amount (expressed as an amount of commitment of Deliverable Obligations) stated in such Customer Physical Settlement Request.
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Examples of Customer Physical Settlement Request in a sentence

  • A Participating Bidder may elect, in its sole discretion, to accept a Customer Physical Settlement Request that is larger than (or on the opposite side of the market as) the relevant customer's Dealer-Specific Market Position with respect to such Participating Bidder and/or the Affiliates of such Participating Bidder.

  • Each Customer Physical Settlement Request submitted to a Participating Bidder must be, to the best of the relevant customer's knowledge and belief, on the same side of the market as, and (when aggregated with all other Customer Physical Settlement Requests, if any, submitted by such customer and/or the Affiliates of such customer to one or more other Participating Bidders) not in excess of, such customer's Market Position.

  • In the event of the occurrence of a Currency Rate Delayed Auction Date, each previously submitted Customer Physical Settlement Request and Dealer Physical Settlement Request shall be deemed to be revoked and must be re-submitted pursuant to Section 3 or 4, as applicable, of these Credit Derivatives Auction Settlement Terms as if the Auction had originally been scheduled to take place on the relevant Currency Rate Delayed Auction Date.

  • Each Customer Physical Settlement Request submitted to a Participating Bidder must be, to the best of the customer's knowledge and belief, in the same direction as and (when aggregated with all other Customer Physical Settlement Requests submitted by such customer to one or more other Participating Bidders) not in excess of, its Market Position.

  • A Participating Bidder may, but is not required to, accept a Customer Physical Settlement Request larger than the relevant customer's Dealer-Specific Market Position in respect of such Participating Bidder and/or its affiliates.

  • Each Participating Bidder must accept Customer Physical Settlement Requests from any customer with whom it has a trading relationship, provided that such Customer Physical Settlement Request is no larger than, and is in the same direction as, such customer's Dealer-Specific Market Position with respect to that Participating Bidder and/or its affiliates (in aggregate).

  • You should note that you will not be able to deliver a Customer Physical Settlement Request (as defined in the Credit Derivatives Auction Settlement Terms) to the Issuer in respect of their holding of Credit Linked Securities.

  • A Participating Bidder may elect, in its sole discretion, to accept, or procure that a PB Auction Affiliate accepts, a Customer Physical Settlement Request that is larger than (or on the opposite side of the market as) the relevant customer's Dealer-Specific Market Position with respect to such Participating Bidder and/or the Affiliates of such Participating Bidder (in aggregate).

  • Each Participating Bidder must accept Customer Physical Settlement Requests from any customer with whom it or its Affiliates has a trading relationship, provided that such Customer Physical Settlement Request is no larger than, and is on the same side of the market as, such customer's Dealer-Specific Market Position with respect to the relevant Participating Bidder and/or the Affiliates of such Participating Bidder (in aggregate).

  • Each Participating Bidder must accept Customer Physical Settlement Requests from any customer with whom it has a trading relationship, provided that such Customer Physical Settlement Request is no larger than, and is in the same direction as, such customer's Dealer- Specific Market Position with respect to that Participating Bidder and/or its affiliates (in aggregate).


More Definitions of Customer Physical Settlement Request

Customer Physical Settlement Request means a submission from a customer of a Participating Bidder to such Participating Bidder (which is accepted by such Participating Bidder) consisting of a firm commitment by such customer to enter, as Buyer (i.e., the party that would Deliver Deliverable Obligations) or as Seller (i.e., the party that has an obligation to accept Delivery of Deliverable Obligations), as applicable, into an agreement on terms equivalent to the Representative Auction- Settled Transaction for which the Floating Rate Payer Calculation Amount is the Quotation Amount (expressed as an amount of commitment of Deliverable Obligations) stated in such Customer Physical Settlement Request.
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Customer Physical Settlement Request means a Physical Settlement Buy Request or Physical Settlement Sell Request, as applicable, submitted by a customer of a Participating Bidder to such Participating Bidder and accepted by such Participating Bidder.
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Customer Physical Settlement Request means a Physical Settlement Buy Request or a Physical Settlement Sell Request submitted by a Participating Bidder on behalf of a customer and received by the Administrators during the Initial Bidding Period.
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Related to Customer Physical Settlement Request

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

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

  • Gross Settlement Amount means the sum of $75,000,000, contributed to the Qualified Settlement Fund pursuant to Article 5. The Gross Settlement Amount shall be the full and sole monetary payment made on behalf of Defendants in connection with the Settlement effectuated through this Settlement Agreement.

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.