Settlement Obligations definition

Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1), 5.3(1)(a) – (e) and 5.5;

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Settlement Obligations means any payment or reimbursement obligation in respect of a Settlement Payment.

Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1), 2.5(5)(b) and (c) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1),

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.

• 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.

• Accordingly, Openmarkets will carry the obligations to complete the sale or purchase, together with all the obligations which are ancillary to the completion (Settlement Obligations).

• Immediately preceding the end of the Reinvestment Period, the Collateral Manager shall deliver to the Trustee a schedule of Post-Reinvestment Period Settlement Obligations and shall certify to the Trustee that the Reinvestment Period Settlement Condition is satisfied with respect to each such Post-Reinvestment Period Settlement Obligation.

• 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.

More Definitions of Settlement Obligations

Settlement Obligations means any short-term payment or reimbursement obligation in respect of a Settlement Payment or Settlement Receivable and other financings or liabilities due to banks or customers, in each case of the type incurred in the ordinary course of business by the Issuer and its Subsidiaries, including under any facility in respect thereof.

Settlement Obligations means the Settlement Obligations as stipulated in the JSE Rules as applicable to non-controlled and amended by the JSE from time to time;

Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1), 2.5(5)(b) and (c) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1), (4) In this clause 6.2, "Scheduled Settlement Date" means the Settlement Date specified in the Reference Schedule as extended:

Settlement Obligations means, in the case of (3) If the Land sold is leasehold, this contract is subject to any necessary consent to the transfer of the lease to the Buyer being obtained by the Settlement Date. The Seller must apply for the consent required as soon as possible. The Buyer must do everything reasonably required to help obtain this consent.

Settlement Obligations means any payment or reimbursement obligation in respect of a Settlement Payment. For the avoidance of doubt, Settlement Obligations shall not include Indebtedness for borrowed money.

Settlement Obligations means in the case of each of the Issuer or any of its Subsidiaries:

Settlement Obligations means the aggregate unpaid amounts owing by the Issuer (a) with respect to the purchase of Investments (except for Derivatives) to be acquired by the Issuer and (b) to the applicable Reverse Repo Counterparties with respect to Reverse Repo Transactions in connection with the entry into the applicable Reverse Repo Agreement, in each case, regardless of whether such amounts are absolute or contingent, due or not due, liquidated or unliquidated and whether or not for the payment of money or the performance or non-performance of any act;