Failed Settlement definition

Failed Settlement means, with respect to any Notes for which a Call Option Exercise Notice has been given by or on behalf of the Issuer, moneys sufficient to pay the Redemption Price plus accrued interest of such Notes subject to redemption are not on deposit with the Issuing and Paying Agent by 12:30 p.m. on such designated Redemption Date.
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Failed Settlement has the meaning given to such term in Section 3(f) of this Agreement.
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Failed Settlement means, with respect to any Bonds bearing interest at a Flexible Rate for which a Directed Mandatory Tender Exercise Notice has been given by or on behalf ofthe Agency, moneys sufficient to pay the mandatory tender purchase price of such Bonds bearing interest at a Flexible Rate are not on deposit with the Trustee by 12:30 p.m. (New York City time) on the Mandatory Tender Date designated in such Directed Mandatory Tender Exercise Notice.
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Examples of Failed Settlement in a sentence

  • Authority to Cancel an Application for Subscription in the Event of Failed Settlement 23 3.

  • Failed Settlement and Non-Delivery of Stock 168PART V: [NOT USED] 169PART W: Euro-Denominated Government Bond Contracts 1701.

  • Authority to Cancel an Application for Subscription in the Event of Failed Settlement If settlement is not made within the allocated timeframe, a subscription application may lapse and be cancelled at the cost of the investors or their Distributors.

  • Failure to receive corporate confirmation could result in the following:o Incorrect counterparty nameo Incorrect SSIs (Standard Settlement Instructions)o Failed Settlement The financial institution has a responsibility to ensure confirmation is completed.

  • Authority to Cancel an Application for Subscription in the Event of Failed Settlement 24 3.

  • Proposed Settlement Performance Standards • CCP target: 99% of trades should be settled on S2• OTC target: 99% of trades should be settled on S3 Proposed Failed Settlement Penalties • Settlement failure – on-exchange / CCP cleared: The last party to match (i.e. the party that caused the fail) should be penalised on S+1 when the late match can be demonstrated to have resulted in settlement failure.

  • Plaintiff’s Suit and Failed Settlement As a consequence, plaintiff filed suit on June 2, 2004.29 The case was originally assigned to Judge Sharon L.

  • Authority to Cancel an Application for Subscription in the Event of Failed Settlement 25 3.

  • This message should reflect the data from the instruction with status and reason Business data Failed Settlement Salvation/Curing Indicator Preferential Basket Identification Number Fallback Starting Basket Identification Number Exclusion Basket Number Eligibility Set Profile Number of Cpty Collateral Type ID: In conjunction with the Buyer Legal Entity field, this will create a unique collateral identification for matching (Appendix B, nine character alpha numeric).

  • Authority to Cancel an Application for Subscription in the Event of Failed Settlement 13 3.


More Definitions of Failed Settlement

Failed Settlement has the meaning given to such term in Section 3(f) of this Agreement. “Global Escrow Agreement” means the Global Escrow Agreement to be entered into among Xxxxxx Mae, Xxxxxxx Mac, the HFA Trustee and the Agent. “GSE Fees” mean, with respect to each GSE, the sum of (a) the Initial Securitization Fee owed to such GSE and (b) the other fees and expenses due to such GSE on the Settlement Date (which includes any fees owed to the GSE Special Closing Counsel) with respect to all of the GSE Securities being issued to the HFA on the Settlement Date. “GSE Securities” means the securities issued by each GSE in exchange for the Program Bonds. “GSE Special Closing Counsel” means the special counsel to the GSEs identified on Schedule A of the Placement Agreement.
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Failed Settlement means, with respect to any Callable Commercial Paper Notes for which a Call Option Exercise Notice has been given by or on behalf of the Corporation, moneys sufficient to pay the Redemption Price of such Callable Commercial Paper Notes subject to redemption are not on deposit with the Issuing and Paying Agent by 12:30 P.M. (New York City time) on such designated Redemption Date.
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Related to Failed Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

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

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • 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.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

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

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • Mandatory Settlement Date means the earliest of:

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • 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.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • 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;

  • Early Settlement has the meaning specified in Section 5.9(a).

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

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

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where: