Settlement Balance definition

Settlement Balance has the meaning specified in Section 5(c).
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Settlement Balance means the one or more omnibus accounts maintained by the Custodian and in which a portion of the Trust’s Bitcoin may be stored from time to time.
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Settlement Balance means the one or more omnibus accounts maintained by the Custodian and in which a portion of the Trust’s Ether may be stored from time to time.
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Examples of Settlement Balance in a sentence

  • Coinbase will credit the Settlement Balance with Client Cash once the associated cash is delivered to Coinbase.

  • If Coinbase is holding Client Assets in the Settlement Balance, has no record of Client’s use of the Prime Services for an extended period, and is otherwise unable to contact Client, Coinbase may be required under applicable laws, rules or regulations to report these assets as unclaimed property and to deliver such unclaimed property to the applicable authority.

  • Client shall only withdraw or deposit Digital Assets to public blockchain addresses or to Client’s Settlement Balance.

  • Once Client has initiated a Withdrawal Transfer, the associated Client Digital Assets will be in a pending state and will not be included in the Client’s Settlement Balance or Vault Balance.


More Definitions of Settlement Balance

Settlement Balance means a Net Cash Settlement Balance or a Net Share Settlement Balance, as the case may be.
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Settlement Balance means, initially, the Aggregate Public Offering Price and shall be (x) reduced at the Close of Business on each Pricing Date by an amount equal to the Aggregate Net Sale Price on such Pricing Date and (y) increased at the Close of Business on each Purchase Date by the amount of the purchase price of Purchase Shares (if any) that were to have been delivered by the Company and paid for by the Underwriter on such Purchase Date but that have not been so delivered or paid for, for any reason whatsoever.
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Related to Settlement Balance

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to (A) the Closing Net Working Capital as finally determined pursuant to this Section 2.5 minus the Estimated Net Working Capital, plus (B) Estimated Indebtedness minus Closing Indebtedness as finally determined pursuant to this Section 2.5, plus (C) Closing Cash as finally determined pursuant to this Section 2.5 minus Estimated Cash, plus (D) Estimated Transaction Expenses minus Closing Transaction Expenses as finally determined pursuant to this Section 2.5;

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