First Settlement Date definition

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.

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First Settlement Date means the third Business Day following the Initial Date of Deposit.

First Settlement Date is the date set forth in the "Summary of Essential Information" in the Prospectus.

Examples of First Settlement Date in a sentence

The Depositor shall deliver to the Trustee any cash identified in the Statement of Financial Condition of the Trust included in the Prospectus not later than the First Settlement Date and the Depositor’s obligation to make such delivery shall be secured by the Letter of Credit deposited pursuant to Section 2.01.
The Trustee shall also advance from its own funds and pay the appropriate persons the amount of any interest which accrues on any “when, as and if issued” or “delayed delivery” Fixed Income Securities deposited in a Trust from the First Settlement Date to the respective dates of delivery to the Trust of any such Fixed Income Securities.

First Settlement Date means the second Business Day following the Initial Date of Deposit.

First Settlement Date means , 2000.

First Settlement Date means , 1998.

First Settlement Date means , 1997.

First Settlement Date means , 2002.

First Settlement Date means , 2003.

First Settlement Date means , 2001.