Settlement Days definition

Settlement Days means business days.
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Settlement Days means the number of settlement days set forth in Schedule B-1 hereto.
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Settlement Days means any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer System is open which is also a day on which banks in New York City are open for business.
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Examples of Settlement Days in a sentence

  • Where a transfer of Warrants takes place on the Stock Exchange, currently settlement must be made not later than two CCASS Settlement Days after such transfer.

  • There shall be three CCASS Settlement Days between the last trading day of the Warrants and the Expiry Date.

  • Business Days: London, New York, Zurich and TARGET Settlement Days.

  • In these Terms and for the purposes of the Conditions, references to “Business Days” shall (except where specified otherwise) be construed as references to days, which are TARGET Settlement Days, where “TARGET Settlement Day” means any day on which TARGET 2 (the Trans-European Automated Real-Time Gross settlement Express Transfer system) is open.

  • MPSCS expects that trading of the Certificates on the EuroTLX Market will commence, at the latest, within five TARGET Settlement Days from the Issue Date, but no assurances can be given that admission to trading will be granted (or, if granted, will be granted by the Issue Date).

  • Redemption Payment Day Within two Settlement Days of the base currency of the particular unit class following the Redemption Day (or such other days determined from time to time by the Management Company.

  • In these Terms and for the purposes of the Conditions, references to “Business Days” and “Relevant Business Days” shall (except where specified otherwise or the context requires) be construed as references to days which are Business Days in London, New York, Paris and Frankfurt and TARGET Settlement Days.

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  • The Ancillary Services Provider shall calculate the total amount payable under Ancillary Services Agreements in respect of each Settlement Day together with any amendments to calculations made for previous Settlement Days based upon information derived from the Grid Operator and the Settlement System Administrator.

  • Redemption Payment Day Within two Settlement Days of the base currency of the particular unit class following the Redemption Day or such other days determined from time to time by the Management Company.

Related to Settlement Days

  • Settlement Day means the Business Day which is 2 Business Days after the relevant Dealing Day (or such Business Day as is permitted in relation to such Dealing Day pursuant to the Operating Guidelines) or such other number of Business Days after the relevant Dealing Day as determined by the Manager in consultation with the Trustee from time to time and notified to the relevant Participating Dealers or as otherwise described in the relevant Appendix.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Settlement Dates As determined pursuant to Section 9.4 of the Equity Definitions, subject to Section 9(k)(i) hereof.

  • Payment Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business (including dealings in foreign exchange and foreign exchange currency deposits) in the principal financial centre for the Settlement Currency or if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) System is open;

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Settlement Interval has the meaning set forth in the CAISO Tariff.

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

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • 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.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

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

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • Adjustment Day means the first calendar day in each month.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

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

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

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.