Examples of Net Settle in a sentence
Such trading limit will be the maximum Net Settle amount that the Client will be allowed to accrue in respect of such market.
The Client and GTN ME agree to settle executions based on Net Settle for each day and agree to settle each other on or before the specified settlement date of the exchange.
However, in the event that the sum total of Recognized Losses of all Authorized Claimants who are entitled to receive payment out of the Net Settle- ment Fund is greater than the Net Settlement Fund, each such Authorized Claimant shall receive his/her pro rata share of the Net Settlement Fund, which shall be his/her Recognized Loss divided by the total of all Rec- ognized Losses to be paid from the Net Settlement Fund, multiplied by the total amount in the Net Settlement Fund.
Net Settle – difference between total value of buy transactions and sell transactions during the day.
All setback measurements for watercourses are to be taken from outer edge of the “high-water mark” of the watercourse.
Of this amount, $50,000.00 has been placed in a separate fund to defray costs of Settlement Notice and Admin- istration.A portion of the Gross Settlement Fund will be used for certain administrative expenses, including costs of printing and mailing this Notice, the cost of publishing a newspaper notice, payment of any taxes assessed against the Gross Settlement Fund or the Net Settle- ment Fund and costs associated with the processing of claims submitted.
The Claims Administrator shall determine each Authorized Claimant’s pro rata share of the Net Settle- ment Fund based upon each Authorized Claimant’s “Recognized Claim.” The Recognized Claim formula is not in- tended to be an estimate of the amount that a Class Member might have been able to recover after a trial; nor is it an estimate of the amount that will be paid to Authorized Claimants pursuant to the Settlement.
The Client agrees and acknowledges that delayed payment of any amounts due to GTN ME under or in connection with any Buy Settle or Net Settle shall render the Client liable to reimburse GTN ME for the cost of funds that GTN ME has incurred for the trade that GTN ME was required to settle on behalf of the Client.
The Client and GTN ASIA agree to settle executions based on Net Settle for each day and agree to settle each other on or before the specified settlement date of the exchange.
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