Date of Settlement definition

Date of Settlement or “settlement” means the date on which settlement is actually effected whether that is the Date of Entry or not;
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Date of Settlement means the date on which a written settlement agreement or release is signed by an insured or, in the absence of these documents, the date on which the insured or the attorney for the insured receives payment of any sum required by the settlement agreement. An advance payment as defined in ORS 31.550 shall not be deemed a payment of a settlement for pur- poses of the time limitation in this subsection.
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Date of Settlement means the date on which Settlement occurs;
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Examples of Date of Settlement in a sentence

  • In connection therewith, upon the Effective Date of Settlement, each of the Releasing Parties (i) shall forever be enjoined from prosecuting in any forum any Released Claims against any of the Released Parties; and (ii) agrees and covenants not to sue any of the Released Parties with respect to any Released Claims.


More Definitions of Date of Settlement

Date of Settlement. The receipt by the Company of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security shall constitute "settlement" with respect to such Book-Entry Security. All orders accepted by the Company will be settled on the third Business Day pursuant to the timetable for settlement set forth below unless the Company and the purchaser agree to settlement on another day which shall be no earlier than the next Business Day.
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Date of Settlement means the date on which the transaction contemplated by the Missives actually settles, whether that is the Completion Date or some other date;
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Date of Settlement means the date of entry of the Order Granting Preliminary Approval of the Settlement.
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Related to Date of Settlement

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

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • 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.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.