Initial Settled Amount definition

Initial Settled Amount means, in relation to: (a) a Conversion - the sum of money that results from the Conversion based on rate of exchange provided to us by a third party provider on a real- time basis at the time the Conversion was executed; or (b) a Transaction - the sum of money used for the execution of the Transaction based on the price(s) of the relevant Investment(s) reflected by a third party provider on a real-time basis at the time the Transaction was executed.
Initial Settled Amount means the initial amount of sum for execution of the Transaction based on the price(s) of the relevant Investment(s) reflected on a real-time basis at the time the Transaction was executed;

Examples of Initial Settled Amount in a sentence

  • In relation to the Transactions, it is possible that there are discrepancies between the Initial Settled Amount and the Actual Settled Amount.

Related to Initial Settled Amount