Physical Settlement Date definition

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.

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 Date means the date on which the Portfolio (as defined in the Credit Default Swap) is delivered by Buyer to Seller under the Credit Default Swap.

Examples of Physical Settlement Date in a sentence

• Each such NOPS Amendment Notice must be effective at or prior to 11:00 a.m. Relevant City Time (as defined in the Rules) on the Physical Settlement Date (determined without reference to any change resulting from such NOPS Amendment Notice).

• If Buyer fails to deliver an effective Notice of Physical Settlement on or before the first day following the Auction Final Price Determination Date on which commercial banks and foreign exchange markets are generally open to settle payments in the Relevant City (as defined in the Rules) (the "Notice of Physical Settlement Date"), Buyer will have no right thereafter to deliver a Notice of Physical Settlement.

• The Cash Settlement Date or the Physical Settlement Date may be later than the Maturity Date.

• In certain circumstances, delivery of Deliverable Obligations contained in the Portfolio may be delayed to a date beyond the Physical Settlement Date.

• In that case: (i) if the Shares can be delivered in any other commercially reasonable manner on the fifth Exchange Business Day immediately following the original Physical Settlement Date then they shall so be delivered; and (ii) if the Shares cannot be delivered in any other commercially reasonable manner, the Physical Settlement Date shall be postponed until settlement can reasonably be effected under this Condition or in any other commercially reasonable manner.

More Definitions of Physical Settlement Date

Physical Settlement Date means, for each Physically Settled Futures Transaction, the day determined by Exchange from time to time in accordance with industry practice for such Physically Settled Futures Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than any Physically Settled Futures Transaction for which an Invoice has been issued as a result of a Default or under the Liquidation Procedure, in which case the Physical Settlement Date will be the date set out in such Invoice;

Physical Settlement Date means the date which is 30 calendar days following the date on which the Risk Event Notice is delivered.

Physical Settlement Date means where the Notes are to be redeemed by Physical Settlement, the date which is the later of (a) the Maturity Date and (b) the date that falls one Settlement Cycle after the Exchange Business Day following the Valuation Date (the "Notional Sale Date") (or if such day is not a Clearance System Business Day, the next following Clearance System Business Day).

Physical Settlement Date means the last day of the longest Physical Settlement Period following the satisfaction of all applicable Conditions to Settlement. If all Deliverable Obligations specified in the Notice of Physical Settlement are Delivered on or before the Physical Settlement Date, the Physical Settlement Date shall be the date the latter of such Deliverable Obligations is Delivered.

Physical Settlement Date means the date falling no later than five Exchange Business Days after the later of the Expiry Date and the day on which the Warrantholder has satisfied any obligations under the terms and conditions of the Warrants to enable the Issuer to deliver, or procure the delivery of the Physical Settlement Shares to the Warrantholder.

Physical Settlement Date means the last day of the longest Physical Settlement Period following the NOPS Cut-off Date as specified in relation to a Reference Entity as the Calculation Agent may designate.

Physical Settlement Date means the last day of the longest Physical Settlement Period following satisfaction of Conditions to Settlement (the "Initial Physical Settlement Date") or such earlier dateas the Calculation Agent may in its absolute discretion determine, provided that, if a Hedge Disruption Event (as determined by the Calculation Agent in its absolute discretion) has occurred on or prior to the Initial Physical Settlement Date, the Physical Settlement Date may be extended to the Extended Physical Settlement Date or the Further Extended Physical Settlement Date, as the case may be, pursuant to Condition CL7(c).