Examples of Fund Period in a sentence
Each relevant Guaranty Fund Period, the total value of the Guaranty Funds and required Guaranty Fund Contributions of Clearing Members are reviewed and may be amended.
Adjustments to Guaranty Fund Contributions will be notified to individual Clearing Members by e-mail to a nominated e-mail account of each Clearing Member the Business Day after the end of the relevant Guaranty Fund Period.
Each Clearing Member will be notified of its total Guaranty Fund Contribution requirements at each Guaranty Fund Period end by Circular.
Funding source: State General Fund Period of availability: The Judiciary intends to award a multi-term contract.
Sinking Fund: Period Designated Pursuant to Section 4(g) of the Underwriting Agreement: years.
Adjustments will be made on or about the day on which the new Guaranty Fund Period commences unless the relevant Circular specifies otherwise.
The Clearing House will notify Clearing Members of the total Guaranty Fund Contribution requirements among all Clearing Members as of the commencement of each Guaranty Fund Period by Circular.
Any such Guaranty Fund Contributions by a new Clearing Member or Clearing Members shall not result in any obligation on the Clearing House to repay any Guaranty Fund Contributions to other Clearing Members and the size of the relevant Guaranty Funds shall be increased accordingly until the end of the relevant Guaranty Fund Period.
Adjustments to Guaranty Fund Contributions will be notified to individual Clearing Members by e-mail to a nominated e-mail account of each Clearing Member the Business Day no later than ten Business Days before the end of the relevant Guaranty Fund Period.
If the Clearing House determines that the total amount in any Guaranty Fund is to change, Clearing Members will be given notice by Circular and will be informed of their new Guaranty Fund Contribution requirements prior to the start of the Guaranty Fund Period when the change becomes effective.