Settlement Balance definition

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 has the meaning specified in Section 5(c).
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Settlement Balance means a Net Cash Settlement Balance or a Net Share Settlement Balance, as the case may be.
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Examples of Settlement Balance in a sentence

  • This clause (x) shall be applied successively until the Settlement Balance is reduced to zero.

  • This provision shall be applied successively until the Settlement Balance is reduced to zero.

  • At the end of each Trading Day on which MSCO purchases Shares pursuant to this Section 6, MSCO shall reduce the Settlement Balance by the amount paid by MSCO to purchase the Shares purchased on such Trading Day.

  • The period until the Settlement Balance is reduced to zero shall be considered to be part of the Calculation Period for purposes of the representations, warranties and covenants and other provisions herein as the context requires.

  • If You have a Contract Hire Agreement or a Finance Lease Agreement, in the event of the Total Loss of Your Vehicle occurring within the Territorial Limits during the Period of Insurance, the Insurer agrees to pay the Finance Company on Your behalf, the amount by which the Early Settlement Balance exceeds the Motor Insurance Settlement.

  • If the You have a Finance Agreement, in the event of the Total Loss of Your Vehicle occurring within the Territorial Limits during the Period of Insurance the Insurer agrees to pay the Finance Company on Your behalf, the amount by which the Early Settlement Balance exceeds the Motor Insurance Settlement.

  • If Issuer elects for MSCO to settle an MSCO Payment Amount in Shares, then on the date such MSCO Payment Amount is due, a Settlement Balance shall be established with an initial balance equal to the MSCO Payment Amount.

  • MSCO shall continue so purchasing and delivering Shares until the Settlement Balance has been reduced to zero.

  • MSCO shall continue purchasing Shares until the Settlement Balance has been reduced to zero.

  • This cover is provided at no extra cost.If the Insured Vehicle is declared a Total Loss during this period, this policy will cover the difference between the Motor Insurance Settlement and the Finance Early Settlement Balance payable to the Finance Company at the date of Total Loss.


More Definitions of Settlement Balance

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

  • Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Parent Balance Sheet means the consolidated balance sheet of Parent as of March 31, 2016 and the footnotes thereto set forth in Parent’s quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2016.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • Average final compensation means the average annual creditable compensation of a member during