Examples of Settlement Obligations in a sentence
You agree you will not transfer funds out of your Cash Account before the Settlement Date if such a transfer would result in you being unable to meet your Settlement Obligations.
We agree with the proposal to cease collection of reference costs for community health activity from 2021/22 as this would reduce the burden on trusts while they simultaneously move to collecting patient level costing data.
Accordingly, FNZ Securities will carry the obligations to complete the sale or purchase, together with all the obligations which are ancillary to the completion (Settlement Obligations).
Your Settlement Obligations are therefore owed directly to FinClear (and not the Broker).
Unless we agree otherwise, you must ensure there are sufficient funds in your Cash Account (in the case of a purchase) and sufficient Financial Products in your Trading Account (in the case of a sale) to meet your Settlement Obligations before an Order is placed and Openmarkets may assess whether your Cash Account or Trading Account has such funds or products before accepting and Order from you.