Final Net Settlement Amount definition

Final Net Settlement Amount has the meaning given to it in Section 4.4(a).
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Final Net Settlement Amount means the sum of the Settlement Amounts, provided that in the event the sum of the Settlement Amounts is positive, it shall be reduced by any amount received by the non-defaulting Party (if any) to the extent the non-defaulting Party shall exercise its rights to apply Margin delivered by the defaulting Party.
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Final Net Settlement Amount means the sum of the Settlement Amounts, provided that (i) in the event the sum of the Settlement Amounts is positive, it shall be reduced by any amount received by the non-defaulting party (if any) to the extent the non-defaulting party shall exercise its rights to apply Margin delivered by the defaulting party; or (ii) in the event the sum of the Settlement Amounts is negative, it shall be added to the value of any Margin held by the non-defaulting party. If the Final Net Settlement Amount is a positive amount, then such amount shall be owed by the defaulting party to the non-defaulting party; and if the Final Net Settlement Amount is a negative amount, then the absolute value of such amount shall be owed by the non-defaulting party to the defaulting party, subject to the rights of the non-defaulting party to setoff, recoup, withhold or suspend payment as set forth in this Master Agreement or at law.
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Examples of Final Net Settlement Amount in a sentence

  • If the date of determination of a Final Net Settlement Amount is not the Final Settlement Date, such Final Net Settlement Amount shall bear interest at the Base Rate from (but excluding) the date of its determination to (but excluding) the Final Settlement Date.

  • Each Final Net Settlement Amount shall bear interest at the Base Rate plus 1% per annum from (and including) the relevant Final Settlement Date to (but excluding) the date of actual payment.

  • Each Party from which a Final Net Settlement Amount is payable shall pay such amount on the same Business Day on which the statement with respect to such Final Net Settlement Amount is provided under Section 4.4(a) hereof, if such statement is delivered by 10:00 a.m. on a Business Day (or, if the euro is the Base Currency, 10:00 a.m. Central European time); otherwise payment shall be made on the following Business Day (with respect to each Final Net Settlement Amount, a "Final Settlement Date").

  • If the Party owing a Final Net Settlement Amount has more than one branch, there shall be no limitation as to the place of payment of the obligation, unless otherwise specified by the Parties hereto.

  • Subject to the last sentence of Section 3.2 hereof, the Final Net Settlement Amount shall be paid in the Base Currency, together with interest thereon, from (and including) the Final Settlement Date to (but excluding) the date such amount is paid, at the rate specified in Section 4.5(c) hereof.

  • If a Final Net Settlement Amount is payable to AEMO and AEMO has the benefit of Credit Support and/or if there is a Security Deposit Balance in respect of the Auction Participant, then AEMO is entitled to apply the Credit Support and/or Security Deposit Balance (as applicable) against the Final Net Settlement Amount.

  • The Parties [do] [do not] agree to the following: The obligations of the Party A Entities in respect of interest provided in Section 4.5 shall be reduced to the same extent that interest provided therein may not lawfully be included in calculating the obligations of Party B in respect of any Settlement Amount, Net Set- Off Amount or Final Net Settlement Amount.

  • If any Settlement Amount, Net Set-Off Amount or Final Net Settlement Amount is set off against such indemnity obligation of Party B, such Settlement Amount, Net Set-Off Amount or Final Net Settlement Amount shall be reduced to extent of such application for purposes of Section 4.

  • The Parties agree that the obligation of each Party to pay each Settlement Amount and Final Net Settlement Amount is mutual with the obligation of each other Party to pay each other Settlement Amount and Final Net Settlement Amount.

  • If the Party owing the Final Net Settlement Amount has more than one branch, there shall be no limitation as to the place of payment of the obligation, unless otherwise specified by the Parties hereto.

Related to Final Net Settlement Amount

  • 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.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 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.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

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

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • 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.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

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

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

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

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • 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;

  • Purchase Contract Settlement Date means [ ].

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

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

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Relevant Settlement Method In respect of any Option:

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

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.