Finalization Date definition

Finalization Date means the Working Day in which the amount stipulated in the Direct Debit Instruction is credited into the Beneficiary’s Account by the Collecting Institution. The finalization Date related to the operations performed in SENT system is the same with the inter-banking settlement date (compensation date). Direct Debit represents the payment modality of an amount of money agreed between the Payer and the Beneficiary, consisting in the pre-authorized debit of the current bank account of the Payer by the Paying Institution based on the provisions of the Direct Debit Mandate, upon the Beneficiary’s request and the adequate crediting of the current bank account of the Beneficiary by the Collecting Institution.

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Finalization Date has the meaning given such term in Section 7.09(e)(i)(A).

Finalization Date means the earlier of: (i) the first anniversary of the Closing Date; (ii) the first date by which both the Drenthe-Overysel Financing and the Ga-Phasha Financing shall have occurred; and (iii) the Expiry Date in accordance with Section 2.07(b)(i);

Examples of Finalization Date in a sentence

• If the Portfolio Finalization Date Report provided by the Collateral Administrator confirms that the immediately foregoing subclause (A) have been met, then a ▇▇▇▇▇’▇ Portfolio Finalization Date Deemed Rating Confirmation shall occur.

• With respect to Annuity Payments owed by Prudential, the parties shall endeavor between the Effective Date and the Expected Data Finalization Date to agree to an equitable adjustment of the Total Contribution Amount caused by misstatements of the age, sex, applicable Annuity Form, benefit amount or any other fact relevant to determining the amount of Annuity Payment owed to a Covered Life, Contingent Life (or, if applicable, Beneficiary) (as used in this Section, a “data misstatement”).

• Until the Expected Data Finalization Date, Prudential will receive from the Plan or its agent the information which Prudential may reasonably require for the administration of this Contract.

• Until the Expected Data Finalization Date, Prudential is entitled to rely on the Contract-Holder (or its representative) in connection with Prudential's administration of this Contract.

• Within seven (7) days of the Claims Finalization Date, the Settlement Administrator shall provide Counsel for the Parties a spreadsheet setting forth the claim number, claimant name, and claimant address, and totaling the amount to be paid for each claimant, which shall be an equal amount for each approved claim (the “Final Claims List”).

• Within ten (10) days of the Claims Finalization Date, the Settlement Administrator shall send a check by First Class U.S. Mail to each Settlement Class Member on the Final Claims List.

• Each Party hereby acknowledges that all monies and/or letters of credit on deposit or posted pursuant to the Escrow Agreements shall be released by the applicable escrow agent on the Document Finalization Date if the Final Document Acknowledgment has not been executed and delivered, including to the escrow agents, by each of the Parties for any reason or no reason whatsoever.

• Following the Data Finalization Date and amendment of this Contract pursuant to Section 2.5, Prudential will not be obligated to make Annuity Payments in any way dependent upon such information unless and until it receives all information necessary to fulfill its obligation.

• Within seven (7) days of the Claims Finalization Date, the Settlement Administrator shall provide Counsel for the Parties a spreadsheet setting forth the claim number and totaling the amount to be paid for each claimant, which shall be an equal amount for each approved claim (the “Final Claims List”).

• If on the Document Finalization Date, each Party, in its sole and absolute discretion, is satisfied with the final versions of the Key Transaction Documents, each Party shall execute the Final Document Acknowledgment.

More Definitions of Finalization Date

Finalization Date means the Working Day in which the amount stipulated in the Direct Debit Instruction is credited into the Beneficiary’s Account by the Collecting Institution. The finalization Date related to the operations performed in SENT system is the same with the inter-banking settlement date (compensation date). Direct Debit represents the payment modality of an amount of money agreed between the Payer and the Beneficiary, consisting in the pre-authorized debit of the current bank account of the Payer by the Paying Institution based on the provisions of the Direct Debit Mandate, upon the Beneficiary’s request and the adequate crediting of the current bank account of the Beneficiary by the Collecting Institution. Execution of a Direct Debit Instruction represents the procedure by which the Paying Institution enforces the Direct Debit Mandate given by the Payer, accepting to execute the Direct Debit Instruction by debiting the Current bank account of the Pater, according to the provisions of these CSB and acceptance of inter-banking settlement.

Finalization Date is defined in Section 2.3(g).

Finalization Date shall have the meaning set forth in Section 2.3(e). “Final Purchase Price” shall have the meaning set forth in Section 2.3(e). “Financial Statements” shall have the meaning set forth in Section 3.5(a). “Fundamental Representations” means the representations and warranties contained in Section 3.1 (Corporate Organization; Power and Authority; Legal Capacity), Section 3.2 (Capitalization), Section 3.3 (Authorization; Noncontravention) (other than the representations and warranties in Section 3.3(b) with respect to Material Contracts and Permits), Section 3.4 (No Subsidiaries), Section 3.9(a) (Assets), Section 3.19 (Brokerage [***]) and Section 3.20 (Affiliate Transactions). “GAAP” means United States generally accepted accounting principles in effect from time to time. “Generative AI” means artificial intelligence tools or other technology capable of generating various types of content including text, code, data, images, or other media, using models that have been trained on data sources for the purposes of generating output with any characteristics similar to such data. “Governing Documents” means, with respect to any Person (other than an individual), (a) the certificate or articles of incorporation, articles of association, formation or organization and any joint venture, limited liability company, operating or partnership agreement and other similar documents adopted or filed in connection with the creation, formation or organization of each such Person and (b) all bylaws, voting agreements, stockholder agreements, investor rights agreements and similar documents, instruments or agreements relating, in each case, to the organization or governance of such Person, or the transfer of securities of such Person, in each case, as amended, restated, supplemented or otherwise modified. “Governmental Authority” means the United States of America or any other nation, any state or other political subdivision thereof, or any entity or Person exercising executive, legislative, judicial, regulatory or administrative functions of government or any agency or department or subdivision of any governmental authority, including the United States federal government or any state or local government, or any arbitrator or other arbitral body (public or private). “Guaranty” means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable for the debt, obligation or other liability of any other Person (other t...

Finalization Date is defined in Section 2.3(f).

Finalization Date means the early of: