Final Settlement Day definition

Final Settlement Day means the Business Day by which all Open Positions are cash settled, or settled by delivery in accordance with the rules of the Clearing House;
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Final Settlement Day means the Business Day following the Final Trading Day when all Open Positions are cash settled, or settled by delivery in accordance with the rules of the Clearing House;
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Final Settlement Day means the Business Day following the Final Trading Day by which all Open Positions are cash settled, or settled by delivery in accordance with the rules of the Clearing House;
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Examples of Final Settlement Day in a sentence

  • The final settlement value as declared by the Exchange for each Final Settlement Day is calculated based on the methodology set by the Exchange and shall be accepted as final and binding.

  • The Closing under this Agreement shall take place on the Final Settlement Day (as such term is defined in the Forbearance and Settlement Agreement) and the satisfaction of the conditions contained in Article IV or on such other date as may be agreed upon in writing by the parties hereto (the “Closing Date”).

  • Payment by Buyer or FRI, as the case may be, shall be within three (3) business days of the Final Settlement Day.

  • Stock Index Futures Contracts will be settled in cash on the Final Settlement Day.

  • On the Final Settlement Day for a Stock Index Futures Contract, all Open Positions for that Contract are marked to the final settlement value, which is announced by the Exchange.

  • On the Final Settlement Day for the Three-Month KLIBOR Futures Contract, all Open Positions for the Contract are marked to the final settlement value which is announced by the Exchange.

  • The Three-Month KLIBOR Futures Contract will be settled in cash on the Final Settlement Day.

  • The Exchange may change the Final Settlement Day for a Contract whenever such action is required in the public interest or to meet unusual conditions.


More Definitions of Final Settlement Day

Final Settlement Day means the later of (i) the 100th Day or (ii) if an involuntary petition under any chapter of title 11, U.S.C. (other than an involuntary petition filed or solicited by, or participated in, directly or indirectly, by any of the Settling ’07 Noteholders with respect to an Event of Default (as defined in the ’07 Indenture) as to which a notice of acceleration in accordance with Section 8.02 of the Indenture has been given prior to the date hereof or with respect to a Delisting Default) is filed against Evergreen or Buckeye or any of their subsidiary guarantors of the ’07 Notes on or before the earlier of (1) and (2) in Section 12. A., above, without reference to the proviso therein, (x) no order for relief has been entered or consented to, (y) the involuntary petition has not been dismissed and (z) Evergreen, Buckeye or the subsidiary guarantors of the
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