Settlement Contract means each confirmation, substantially in the form attached hereto as Exhibit C, designated as a "Settlement Contract," referencing the Master Agreement, relating to one MACRO Unit of Paired Holding Shares, dated as of the date on which such MACRO Unit was issued by the Paired Holding Trusts and providing for payments between the Paired Holding Trusts on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date, which payments are calculated by reference to the Up-MACRO Underlying Value and the Down-MACRO Underlying Value on the last Price Determination Day preceding the Final Scheduled Termination Date, on the last Price Determination Day preceding an Early Termination Date or on the relevant Redemption Date, as applicable.
Settlement Contract means the master confirmation, dated as of the Closing Date, and each supplemental confirmation thereto, each relating to one MacroShares Unit and each dated as of the date on which such MacroShares Unit was issued by the Paired Trusts. Such master confirmation and each supplemental confirmation thereto shall reference the Master Agreement, shall be substantially in the form attached hereto as Exhibit C, and shall provide for payments between the Paired Trusts on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date, which payments are calculated by reference to the Up Underlying Value and the Down Underlying Value on the last Price Determination Day preceding the Final Scheduled Termination Date, on the last Price Determination Day preceding an Early Termination Date or on the relevant Redemption Date, as applicable.
Settlement Contract means a contract between the Clearing House and a Member arising pursuant to Regulation 23(b), Regulation 75(b) or Regulation 99(a)
Examples of Settlement Contract in a sentence
The terms and conditions of each renewal shall be agreed upon not later 6 than 1 year prior to the expiration of the then existing Settlement Contract.
This Settlement Contract shall become effective April 1, 2004, and shall 3 remain in effect until and including March 31, 2044: Provided, that under terms and conditions 4 mutually agreeable to the parties hereto, renewals may be made for successive periods not to 5 exceed 40 years each.
The Rates 11 and Charges applicable to the Contractor upon execution of this Settlement Contract are set forth 12 in Exhibit D, as may be revised annually.
For purposes of this 9 Settlement Contract, “agricultural purposes” includes, but is not restricted to, the irrigation of 10 crops, the watering of livestock, incidental domestic use including related landscape irrigation, or 11 underground water replenishment.
The Contractor, in carrying out this Settlement Contract, shall comply with all 19 applicable water and air pollution laws and regulations of the United States and the State of 20 California, and shall obtain all required permits or licenses from the appropriate Xxxxxxx, Xxxxx, 00 or local authorities.
More Definitions of Settlement Contract
Settlement Contract means the master confirmation, dated as of the Closing Date, and each supplemental confirmation thereto, each relating to one MacroShares Unit and each dated as of the date on which such MacroShares Unit was issued by the Paired Trusts. Such master confirmation and each supplemental confirmation thereto shall reference the Master Agreement, shall be substantially in the form attached hereto as Exhibit C, and shall provide for payments between the Paired Trusts on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date, which payments are calculated by reference to the Down Underlying Value and the Up Underlying Value on the last calendar day preceding the Final Scheduled Termination Date, an Early Termination Date or the relevant Redemption Date, as applicable. One Settlement Contract may be issued on the Closing Date which represents an equal number Up and Down MacroShares, but that together constitute less than a MacroShares Unit.
Settlement Contract means a Member (or the Clearing House where the context so requires) who is a seller under the terms of an exchange contract, a Cleared Exchange Contract, a RepoClear Transaction, a RepoClear Term £GC Transaction, a RepoClear Contract, a RepoClear Term £GC Contract, an EquityClear ATP Match, an EquityClear Novation Transaction, an EquityClear Contract, a Rates Exchange Match, or a Listed Interest Rates Novation Transaction, as the case may be means any one of the services made available by the Clearing House: (i) to an Exchange; (ii) under the SwapClear Regulations and under the FCM Regulations in respect of FCM SwapClear Contracts; (iii) under the RepoClear Regulations; (iv) under the EquityClear Regulations; (v) under the ForexClear Regulations and under the FCM Regulations in respect of FCM ForexClear Contracts; or (vi) under the Listed Interest Rates Regulations and under the FCM Regulations in respect of FCM Listed Interest Rates Contractsmeans a contract between the Clearing House and a Member arising pursuant to Regulation 23(b) or Regulation 99110(a)
Settlement Contract means a contract between the Clearing House and a Memberarising pursuant to Regulation 23(b), Regulation 76(b)Regulation 75(b) or Regulation 99(a)
Settlement Contract means each confirmation, substantially in the form attached hereto as Exhibit C, designated as a "Settlement Contract," referencing the Master Agreement, relating to one Macro Unit of Paired Shares, dated as of the date on which such Macro Unit was issued by the Paired Trusts and providing for payments between the Paired Trusts on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date, which payments are calculated by reference to the Up Underlying Value and the Down Underlying Value on the Final Scheduled Termination Date, on the Early Termination Date or on the relevant Redemption Date, as applicable.
Settlement Contract means a Contract that requires settlement by the payment of a Settlement Payment on the Settlement Date, as specified in the Product Specifications;"Settlement Currency"means the currency in which a Contract for an Eligible Product shall be settled, which is determined by the terms of the original Transaction;"Settlement Date"means the date on which a Contract is required to be settled, as determined for each type of Contract in accordance with the relevant timetable set out in the Clearing Procedures;"Settlement Finality Procedure"means the Procedure appended to the Rules under the title "Settlement Finality Procedure";"Settlement Finality Regulations"means the Financial Markets and Insolvency (Settlement Finality) Regulations 1999, as amended from time to time;"Settlement Instructions"has the meaning set out in Rule 7.3.1;"Settlement Payment"means the amount payable under a Settlement Contract, determined by the Settlement Price for that Contract on the Settlement Date, as adjusted to reflect the current Position under the Contract;"Settlement Price"has the meaning set out in Clearing Procedure A6.5;"Settlement to Market Process"means the process set out in Clearing Procedure B5;"Significant LMEprecious Member"has the meaning set out in Default Procedure B 1.3(d);"Silver"means silver complying with the rules of London Bullion Market Association relating to good delivery in effect from time to time;"SPAN"means the "Standard Portfolio Analysis of Risk" methodology for calculating risk in relation to financial instruments, as developed by the Chicago Mercantile Exchange;"SPS Mandate Forms"means the direct debit authorities, in the form prescribed by LME Clear that the Member shall put in place with each Approved Settlement Bank, in accordance with Clearing Procedure E2;"Stabilisation Replenishment Notice"has the meaning set out in Rule 10.10.5;"Strike Price Gradation"has the meaning set out in the LME Rules and notices issued thereunder from time to time;"Subsidiary"means a subsidiary within the meaning of section 1159 of the Companies Act 2006;
Settlement Contract means a contract between the Clearing House and aMember arising pursuant to Regulation 23(b), Regulation 76(b) or Regulation 99(a)