Settlement Adjustment definition

Settlement Adjustment means an adjustment to the Settlement Amount of a DvP Batch Instruction or a DvP RTGS Instruction.
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Settlement Adjustment as defined in Section 2.5.
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Examples of Settlement Adjustment in a sentence

  • The Settlement Adjustment Statement that is exchanged between the vendor and purchaser.

  • In the event of Damage in consequence of which the Insured make or may make a claim under this Basis of Settlement Adjustment, the Insured shall at their own expense deliver to the Insurer full information in writing of the particulars of the claim, together with details of all other policies covering Outstanding Debit Balances or any part of them, and the amount of any resulting Outstanding Debit Balances.

  • After the application of all other terms and conditions of this Section and the Policy including any Underinsurance (Average) Basis of Settlement Adjustment, and in respect of each separate Premises, the amount of the Excess specified in the Schedule.

  • Cover extends to include Business Interruption caused by or consisting of theft or attempted theft of a building or part of a building where insured under the Theft Damage to Buildings Basis of Settlement Adjustment clause under the Property Damage Section.

  • Cover also includes the cost of any temporary boarding-up and making good in consequence of such Damage necessary to keep the Premises secure.Exclusion n of Event 13 of this Section does not apply to this Basis of Settlement Adjustment.

  • Terms to the contrary elsewhere in this Section are over-ridden as follows in respect of those costs and such rent to which this Extension applies: The liability of the Insurer may exceed in the whole the Total Sum Insured where such excess is solely in respect of Rent or Alternative Accommodation payable under this Basis of Settlement Adjustment.

  • The Notice of Physical Settlement shall specify Deliverable Obligations having an Outstanding Amount (or the equivalent specified Currency Amount converted at the Currency Rate) on the Settlement Valuation Date at least equal to the Reference Entity Notional Amount (or, as applicable, Exercise Amount), subject to any Physical Settlement Adjustment.

  • For the purpose of this Condition reference to the Property Insured shall not include additional property for which insurance is provided by Basis of Settlement Adjustment 5 Additional Equipment.

  • If, at the time of the Customer’s enrollment in the Program, the FPPAM over- or under-collection balance exceeds $20 Million, the Customer will be assessed an FPPAM Settlement Adjustment (FSA) based on the Customer’s pro-rata share of the FPPAM over- or under-collection balance.

  • This financial transaction allows the Settlement Volume to be recorded on the next Shipper Balance Statement as an Inventory Settlement Adjustment, thus ensuring Book to Physical Inventory balancing for all commodities and Shippers on the System.

Related to Settlement Adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Adjustment Escrow Amount means $1,000,000.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Credit Adjustment shall have the meaning specified in Section 3.02.