Examples of Receipt Day in a sentence
Similarly, Shippers ineligible to receive service under a ROS Agreement, for whatever reason, are not eligible for a ROS Charge Credit.4.2 Notwithstanding that Transporter is unable to receive Gas from or on behalf of Shipper as set out in Article 4.1 (a), there shall be no reduction in respect thereof to Shipper's Monthly Bill for the Month in which the Under Receipt Day occurs (the " Under Receipt Month").
Notwithstanding that Transporter is unable to receive Gas from or on behalf of Shipper as set out in Article 4.4 (a), there shall be no reduction in respect thereof to Shipper’s Monthly Bill for the Month in which the TAC Under Receipt Day occurs (“ the TAC Under Receipt Month”).
Notwithstanding that Transporter is unable to receive Gas from or on behalf of Shipper as set out in Article 4.1 (a), there shall be no reduction in respect thereof to Shipper’s Monthly Bill for the Month in which the Under Receipt Day occurs (“ the Under Receipt Month”).
In the event that the number of shares to be purchased pursuant to Round Up Authorizations in a Batch exceeds the number of shares to be sold pursuant to sale Authorizations in the Batch, the Transfer Agent will place an order on the business day following the Receipt Day with one of the Brokers to purchase shares on the open market to satisfy the unsatisfied Round Up Authorizations from that Batch.
On any Receipt Day when the entire Batch is settled by matching valid sales Authorizations against Round Up purchase Authorizations, the price at which sales and purchases shall be deemed to be executed will be the average of the high and low market prices on the NYSE for the Common Stock on such day.
All Authorizations received on or prior to 12:00 noon on a particular business day (the "Receipt Day"), together with those received after 12:00 noon of the prior business day, will be combined and processed together (each a "Batch").
On the business day following the Receipt Day of such unmatched sale Authorizations, the Transfer Agent will notify the Holding Company of the number of unmatched shares in the Batch available for purchase no later 12:00 noon after the open of the NYSE on that business day, and the Holding Company will notify the Transfer Agent no later than two hours after receipt of such notification from the Transfer Agent of the number of shares, if any, it wishes to purchase from that Batch.
Subject to Article 4.4, Shipper's Monthly Bill for the subsequent Month shall be reduced by a ROS Charge Credit in an amount equal to the product obtained by multiplying (1) the Daily ROS Charge for the Under Receipt Month by (2) the difference (the "Under Received Volume") between (a) the volume of Gas received by Transporter from or on behalf of Shipper on the Under Receipt Day and (b) the lesser of: (i) Shipper's ROS Capacity; or (ii) the Nominal Volume.
The number of GAB Tokens which an investor shall be entitled to receive in exchange for payments made in ETH or BTC ( the “Token Amount”), shall be determined based on the Daily BTC Exchange Rate (as defined below) and Daily ETH Exchange Rate (as defined below), as applicable, for the Receipt Day on which the Company receives the Purchaser Commitment Amount.
In the event that, on a particular Receipt Day, the number of shares to be sold pursuant to sale Authorizations in the Batch exceeds the number of shares to be purchased pursuant to Round Up Authorizations in the Batch, the Holding Company will be offered the opportunity to repurchase all or any portion of the excess.