Physical Settlement Period definition

Physical Settlement Period means the number of Business Days specified as such in the Final Terms or, if a number of Business Days is not so specified, then, with respect to a Deliverable Obligation specified in the Notice of Physical Settlement, the longest number of Business Days for settlement in accordance with then current market practice of such Deliverable Obligations, as determined by the Determination Agent.

Physical Settlement Period means, subject to Credit Linked Condition 9, the number of Business Days specified as such in these Credit Linked Conditions or, if a number of Business Days is not so specified, then, with respect to a Deliverable Obligation comprising the Entitlement, the longest number of Business Days for settlement in accordance with then current market practice of such Deliverable Obligation, as determined by the Calculation Agent provided that if the Issuer has notified the Noteholders in accordance with the definition of "Physical Settlement" that it will Deliver an Asset Package in lieu of a Prior Deliverable Obligation or a Package Observable Bond, the Physical Settlement Period shall be 35 Business Days.

Physical Settlement Period means (a) in relation to any Customer Buy RAST, 2 Business Days, (b) in relation to any Direct RAST, 4 Business Days, and (c) in relation to any Customer Sell RAST, 6 Business Days."

Examples of Physical Settlement Period in a sentence

• Latest Permissible Physical Settlement Date:[[ specify number] days after the final day of the Physical Settlement Period].

• Latest PermissiblePhysical Settlement Date:[[ specify number] days after the final day of the Physical Settlement Period].

• Physical Settlement Period: The longest of the number of Business Days forsettlement in accordance with the then current market practice of any Deliverable Obligation being Delivered, as determined by the Calculation Agent, subject to a minimum of [30/90/120/ other] Business Days following the satisfaction of all Conditions to Settlement.

• Physical Settlement Date means the last day of the longest Physical Settlement Period following the NOPS Cut-off Date or, if all Deliverable Obligations specified in the Notice of Physical Settlement or any NOPS Amendment Notice, as applicable are Delivered on or before the Physical Settlement Date, the date that the Issuer completes Delivery of such Deliverable Obligations to all Securityholders.

• The Extended Physical Settlement Date shall not, however, be later than [ ] Business Days after the Physical Settlement Date.]3 [[specify number] days after the final day of the Physical Settlement Period].

More Definitions of Physical Settlement Period

Physical Settlement Period means, subject to Credit Security Condition 2(e), the number of Credit Security Business Days specified as such in relation to a Reference Entity or, if a number of Credit Security Business Days is not so specified, then, with respect to a Deliverable Obligation specified in the Notice of Physical Settlement or any NOPS Amendment Notice, as applicable, the longest number of Credit Security Business Days for settlement in accordance with then current market practice of such Deliverable Obligation, as determined by the Calculation Agent, provided that if the Issuer or Calculation Agent (on its behalf) intends to Deliver an Asset Package in lieu of a Prior Deliverable Obligation or a Package Observable Bond, the Physical Settlement Period shall be thirty Business Days.

Physical Settlement Period. As defined in Section 8.6 of the Credit Derivatives Definitions for Latin America and EEMEA Reference Entities; Thirty (30) Business Days for Asia Reference Entities Deliverable Obligations: Exclude Accrued Interest Deliverable Obligation(s):

Physical Settlement Period. As defined in Section 8.6 of the Credit Derivatives Definitions, provided that such period shall not exceed 30 Business Days Deliverable Obligations: Exclude Accrued Interest Deliverable Obligation(s):

Physical Settlement Period means the period starting on (and including) the date on which notice to the Noteholders of the relevant Underlying Disposal Event pursuant to Condition 7(b)(i) or the receipt by the Issuer of any notice declaring an Event of Default pursuant to the provisions of Condition 10(a) is deemed to have been given pursuant to Condition 15, to (and including) the Longstop Physical Settlement Date; and

Physical Settlement Period means in respect of a Reference Entity and with respect to a Deliverable Obligation specified in the Notice of Physical Settlement, the longest number of Business Days for settlement in accordance with then current market practice of such Deliverable Obligation, as determined by the Determination Agent but not more than of 30 Business Days.

Physical Settlement Period means one Business Day".

Physical Settlement Period means, subject to Credit Linked Condition 2(d), the number of CLN Business Days specified as such in relation to a Reference Entity or, if a number of CLN Business Days is not so specified, then, with respect to a Deliverable Obligation specified in the Notice of Physical Settlement, the longest number of CLN Business Days for settlement in accordance with then current market practice of such Deliverable Obligation, as determined by the Calculation Agent.