Same Day Settlement definition

Same Day Settlement means a T+3, T+2, T+1, T+n, Account Transfer, Portfolio Movement, Collateral Account Transfer or Lending Account Transfer transaction reported to Strate on the same day on which Settlement occurs;
Sample 1Sample 2Sample 3
Same Day Settlement or ‘Same Day’ means a transaction booked to Strate on the same day on which Settlement occurs, irrespective of the actual trade date;
Sample 1
Same Day Settlement means interbank settlement taken
Sample 1Sample 2

Examples of Same Day Settlement in a sentence

  • The Bank and the Issuer agree to comply with the relevant portions of DTC’s Commercial Paper Issuing and Paying Agent Manual, and the DTC Same Day Settlement System Rules (collectively the “DTC Rules”).

  • The Bank and the Issuer agree to comply with the relevant portions of DTC's Commercial Paper Issuing and Paying Agent Manual, and the DTC Same Day Settlement System Rules (collectively the "DTC Rules").

  • If a bank agrees to be an Electronic Receiver and also designates the Reserve Bank as its presentment point for Same Day Settlement items, presentment of same day settlement items drawn on that bank occurs when the same day settlement items are physically delivered to the Reserve Bank.

  • Participants must communicate their intention to conclude the Same Day Settlement or T+0 transactions on RD to Strate Debt Instruments Management via telephone and followed up by email confirmation to cdadmin@strate.co.za.

  • Same Day Settlement and Payment We will make payments in respect of the notes represented by the Global Notes (including principal, interest and premium, if any) by wire transfer of immediately available funds to the accounts specified by the Global Note Holder.

  • Manual instruction (Fax / Telex): additional per settlement 20.00 Late instruction: additional per settlement 15.00 Cancellations: per instruction 15.00 Free Cash Receipt 10.00 Free Cash Payment 10.00 Repair of Electronic instruction: additional per item 15.00 Same Day Settlement 20.00 Retrospective Tax Reclaim (per submission) 130.00 ADR statements 130.00 Stamp Duty Tax Reclaims (SDRT) 25.00 All charges will be payable by the client where appropriate.

  • Same Day Settlement and Payment The underwriters purchasing the notes from us will settle the notes in immediately available funds.

  • Same Day Settlement and Payment The Company will make payments in respect of the Notes represented by the Global Notes (including principal, premium, if any, interest and additional interest, if any) by wire transfer of immediately available funds to the accounts specified by the Global Note Holder.

  • Example 2: Transaction with a Same Day Settlement and a Term Maturity A Eurodollar transaction is agreed upon, executed, and settled on September3.

  • The Bank and the Issuer agree to comply with the relevant portions of DTC’s Issuing and Paying Agent Manual, and the DTC Same Day Settlement System Rules (collectively the “DTC Rules”).


More Definitions of Same Day Settlement

Same Day Settlement means a T+3, T+2, T+1, T+n, Account Transfer or Portfolio Movement transaction
Sample 1

Related to Same Day Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Same Day Funds means (a) with respect to disbursements and payments in Dollars, immediately available funds, and (b) with respect to disbursements and payments in an Alternative Currency, same day or other funds as may be determined by the Administrative Agent or the L/C Issuer, as the case may be, to be customary in the place of disbursement or payment for the settlement of international banking transactions in the relevant Alternative Currency.

  • Relevant Settlement Method In respect of any Option:

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

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

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

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Purchase Contract Settlement Date means [ ].

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

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

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

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

  • 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;

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • 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).

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

  • Notice of Settlement means the form attached hereto as Exhibit A.

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.