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.

  • The term " Settlement Cut Off" for a given Business Day refers to the time at which the Clearing House calculates the associated cash flows for all deliverable obligations.

  • 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.

  • 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 OffPayment amounts relating to all deliveries completed on the prior Delivery Day.

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

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

  • If funding transaction cannot be completed by MYR Settlement Cut off time, BNM may opt to convert unredeemed MYR Intraday credit to an overnight repo.

  • Participants must have sufficient same day cleared funds deposited into NZX’s settlement account within the Payments System to meet all obligations up until final Settlement Cut- Off Time.

  • 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.

Related to Settlement Cut

  • Settlement Currency means Pounds sterling ("GBP").

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • 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.

  • Payment Currency has the meaning given in Clause 21.4;

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

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

  • 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.

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • 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.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • 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 $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Settlement Asset means any cash, receivable or other property, including a Settlement Receivable, due or conveyed to a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person or an Affiliate of such Person.

  • 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.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

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

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • 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).

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.