Physical Settlement Commencement Date definition

Physical Settlement Commencement Date means the date to be notified by the Issuer to the Principal Paying, Transfer and Exchange Agent and the Noteholders in accordance with Condition 16 which date shall be no later than five Madrid business days after the later of the date on which (i) Abengoa Yield has obtained all waivers necessary for the Issuer to effect physical settlement of the Exchange Rights without breaching or violating or giving rise to any right of acceleration or termination or other right under any agreement, indenture, contract, lease, mortgage or instrument on the Issuer, Abengoa Yield or any of the Issuer’s or Abengoa’s Yield’s Subsidiaries, and (ii) Abengoa Yield has an effective shelf registration statement with the U.S. Securities and Exchange Commission permitting resales by the exchanging Noteholders of the Abengoa Yield Shares.
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Physical Settlement Commencement Date means the date 35 Business Days following the date of delivery of the Notice of Physical Settlement (or, if later, the last day of the longest period for settlement in accordance with current market practice in respect of any relevant Deliverable Obligations).
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Physical Settlement Commencement Date has the meaning given in Condition 11(a) (Settlement and Conversion - Settlement Rights and Conversion Rights);
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Examples of Physical Settlement Commencement Date in a sentence

  • If, following the occurrence of a relevant Event Determination Date but prior to the later to occur of the Physical Settlement Commencement Date, there is an Applicable DC Credit Event Meeting Announcement, all timing requirements in these Additional CLN Conditions that pertain to settlement shall toll and remain suspended until the date of the Applicable DC Credit Event Announcement or Applicable DC Credit Event Question Dismissal, as applicable.

  • If an Event Determination Date is subsequently reversed prior to the relevant Physical Settlement Commencement Date, a Credit Event shall be deemed not to have occurred with respect to the Reference Entity for the purposes of these Additional CLN Conditions.

  • The Fund will seek to achieve its objective by investing in a diversified portfolio of non-convertible, $25 par value preferred securities listed on U.S. exchanges that, as far possible and practicable, consist of the component securities that comprise the Index.

Related to Physical Settlement Commencement Date

  • Physical Settlement Date means the date specified as such in any Physical Settlement Notice, which shall be not earlier than 10 nor later than 20 Business Days after the date on which the Physical Settlement Notice is given.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Recommencement Date As defined in Section 6(d) hereof.

  • 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;

  • Remarketing Settlement Date means (i) in the case of a Successful Optional Remarketing, (x) if the remarketed Notes are priced before 4:30 p.m. New York City time on the Optional Remarketing Date for such Successful Optional Remarketing, the third Business Day immediately following such Optional Remarketing Date and (y) otherwise, the fourth Business Day following the relevant Optional Remarketing Date, and (ii) in the case of a Final Remarketing, the Purchase Contract Settlement Date.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • 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.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Offering Commencement Date means the first day of each Offering Period.

  • Billing Commencement Date means the earlier of:

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

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

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Mandatory Settlement Date means the earliest of:

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.