Settlement Cut definition

Settlement Cut. Off means, in respect of a FX Conversion or Payment, the time and date where sufficient cleared funds must be in your Wallet in order to fund the relevant transaction which will generally be the time and date on which the relevant Confirmation is issued by Airwallex, unless a different time is specified in the Confirmation or otherwise notified to you through the Airwallex Platform. Supported Currency means, in respect of each feature of a Service, each currency approved by Airwallex from time to time that can be collected, exchanged and/or paid out (as applicable) using that feature through the Airwallex Platform.
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Examples of Settlement Cut in a sentence

  • This is calculated for all deliverable obligations at the Settlement Cut Off.

  • Buyer's Security and Seller's Contingent Credit representing full contract value of, where applicable, the change in the amount of Natural Gas delivered following the Settlement Cut Off on the prior Delivery Day.

  • The question, then, is whether a lease is a purchase within the meaning of the Act.

  • With effect from the Security Settlement Cut- off Date, the relevant Securityholder shall have no right to receive any payment of the Conditional Settlement Amount and shall have no claim against the Issuer or the Guarantor in relation thereto.

  • We may decline your instructions if you do not have sufficient funds by the Settlement Cut- Off, you exceed any applicable limits.

  • The following is the Settlement Cut Off timings : AePS Settlement Cycle **On all RTGS holidays there will be two settlement cycles and same is posted on next RTGS working day.

  • Subscription proceeds must be received by the Manager by the Subscription Settlement Cut- off.

  • You must ensure that there are sufficient funds available in your Wallet by the relevant Settlement Cut- Off time.

Related to Settlement Cut

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

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

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Agreement Currency has the meaning specified in Section 10.19.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Gross Settlement Amount means the sum of thirty-nine million eight- hundred thousand dollars ($39,800,000), contributed to the Qualified Settlement Fund in accordance with Article 5. The Gross Settlement Amount shall be the full and sole monetary payment, whether to the Class, Plaintiffs, Class Counsel, or otherwise, made by or on behalf of Reliance Trust Company in connection with the Settlement effectuated through this Settlement Agreement.

  • Settlement Agent means, with respect to any Transaction the subject of which is a Wet-Ink Mortgage Loan, the entity approved by Buyer, in its sole good-faith discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the related Wet-Ink Mortgage Loan is being originated. A Settlement Agent is deemed approved unless Buyer notifies Seller otherwise at any time electronically or in writing.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Settlement Notice has the meaning specified in Section 14.02(a)(iii).

  • Judgment Currency has the meaning specified in Section 10.19.

  • Settlement Class means, in respect of each Proceeding, the settlement class defined in Schedule A.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).