Last Permissible Physical Settlement Date definition

Last Permissible Physical Settlement Date means the date falling 30 calendar days following the Physical Settlement Date or, if the Calculation Agent determines in its sole discretion that the relevant impossibility, illegality or impracticability will not be remedied within such time or that it is not practicable to Deliver some or all of the Portfolio following receipt of the Reference Asset Transfer Notice, any earlier date occurring prior to, on or after the Physical Settlement Date as selected by the Calculation Agent in its sole discretion.
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Last Permissible Physical Settlement Date means the thirtieth calendar day following the Physical Settlement Date.
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Examples of Last Permissible Physical Settlement Date in a sentence

  • Instead, the Issuer shall redeem the Security (of the Specified Denomination) by Delivery of the Portfolio to the Holder, such Delivery to be made during the period from (and including) the Physical Settlement Date to (and including) the Last Permissible Physical Settlement Date (which may, for the avoidance of doubt, be done in one or more deliveries).

  • For the purposes of the foregoing, Delivery by the Issuer shall be made in accordance with market practice applicable to the relevant Valuation Obligation on the applicable Delivery Date.Failure to Deliver all or some of the Portfolio by the Last Permissible Physical Settlement Date shall not constitute an Event of Default.

  • Failure to Deliver all or some of the Portfolio by the Last Permissible Physical Settlement Date shall not constitute an Event of Default.

  • Instead, the Issuer shall redeem the Securities (of the Specified Denomination) by Delivery of the Portfolio to the Holders, such Delivery to be made during the period from (and including) the Physical Settlement Date to (and including) the Last Permissible Physical Settlement Date (which may, for the avoidance of doubt, be done in one or more deliveries).

  • For the purposes of the foregoing, Delivery by the Issuer shall be made in accordance with market practice applicable to the relevant Valuation Obligation on the applicable Delivery Date.Failure to Deliver all or some of the Portfolio by the Last Permissible Physical Settlement Date shall notconstitute an Event of Default.

Related to Last Permissible Physical Settlement Date

  • Physical Settlement Date means the date (which may occur after the Scheduled Maturity Date) specified as such in the Intended Physical Settlement Notice falling 10 Business Days after the date of the Intended Physical Settlement Notice.

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Determination Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong, London and New York City;

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).