Interim Settlement Date definition

Interim Settlement Date. One Business Day following each Interim Reporting Date.
Interim Settlement Date has the meaning specified in Section IV (A).
Interim Settlement Date means (a) the Business Day immediately succeeding each Interim Reporting Date on which the applicable Interim Report reveals that the Effective Asset Interest exceeds the Maximum Percentage Interest, or (b) any Interim Reporting Date on which the applicable Interim Report reveals that the Aggregate Credit Exposure exceeds the Facility Limit.

Examples of Interim Settlement Date in a sentence

  • For the avoidance of doubt, this Contingent Value Right will terminate following any payment on the December 31, 2018 Interim Settlement Date or upon the payment of the Threshold Amount Excess, if earlier.

  • If the amount of the interim Purchase Price as set forth on the Interim Closing Statement exceeds the amount of the Estimated Purchase Price paid at Closing, then, within five (5) days after the Interim Settlement Date, Buyer shall pay to Seller the amount of such difference.

  • If the amount of the interim Purchase Price as set forth on the Interim Closing Statement is less than the Estimated Purchase Price paid at Closing, then Seller shall pay to Buyer, within five (5) days after the Interim Settlement Date, the amount of such difference.


More Definitions of Interim Settlement Date

Interim Settlement Date is defined in Section 3.6(b).
Interim Settlement Date means the second Business Day immediately following the end of each Interim Period.
Interim Settlement Date means Friday of each week after the date hereof, other than the Friday of any week in which there is a Monthly Settlement Date and if such day is not a Business Day, then the next succeeding Business Day.
Interim Settlement Date means each Business Day after the Closing Date.
Interim Settlement Date means 5:00 p.m. Central Time on Wednesday, May 10, 2017.
Interim Settlement Date. Means (i) each Tuesday until the Reference Amount has been reduced to zero dollars and (ii) any day on which cash amounts are paid or delivered to MLI under Section 3.3; provided that if such date is not an Exchange Trading Day, then the Interim Settlement Date shall be the next succeeding Exchange Trading Day.
Interim Settlement Date means a Business Day for payment to be made by either the Assuming Institution or the Receiver pursuant to Section 8.3 or a date agreed upon by the Receiver and the Assuming Institution. The Receiver, in its discretion, may extend or cancel any established Interim Settlement Date.