Settlement Contract definition

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.
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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.
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Settlement Contract means a contract between the Clearing House and a Member
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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 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 ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇ or local authorities.

  • 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.

  • The parties agree that the delivery of Project Water for irrigation use or use of 6 Federal facilities pursuant to this Settlement Contract is subject to Federal Reclamation law, 7 including but not limited to, the Reclamation Reform Act of 1982 (43 U.S.C.390aa et seq.), as 8 amended and supplemented, and the rules and regulations promulgated by the Secretary of the 9 Interior under Federal Reclamation law.

  • 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 shall establish and maintain accounts and other books and records 7 pertaining to administration of the terms and conditions of this Settlement Contract, including: 8 the Contractor's financial transactions, water supply data, and Project land and right-of-way 9 agreements; the water users' land-use (crop census), land ownership, land-leasing and water use 10 data; and other matters that the Contracting Officer may require.

  • Subject to applicable Federal laws and regulations, each party to this 13 Settlement Contract shall have the right during office hours to examine and make copies of each 14 other’s books and official records relating to matters covered by this Settlement Contract.

  • The waiver by either party to this Settlement Contract as to any default shall not 5 be construed as a waiver of any other default or as authority of the other party to continue such 6 default or to make, do, or perform, or not to make, do, or perform, as the case may be, any act or 7 thing which would constitute a default.

  • This Settlement Contract will terminate upon mutual agreement of the parties 13 prior to the end of the term or any renewal thereof.


More Definitions of Settlement Contract

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)
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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.
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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.
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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;
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Related to Settlement Contract

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Spot Contract means a foreign exchange contract under which we agree to exchange money at an agreed rate within 48 hours of the contract being entered into.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Client Contract means a futures or option contract between us and you, which is matched by an identical Contract;