Examples of Settlement Schedule in a sentence
This will be the point at which a Financial Settlement is to be treated as having been contractually completed and relevant funds will be taken to have been received by the intended final payee(s) nominated in the Final Settlement Schedule.
Each Cash Settlement Supplement shall be deemed to supplement, and form part of, the Cash Settlement Schedule and the Clearing House shall be entitled to supplement, modify, amend, replace or withdraw the Cash Settlement Schedule or Cash Settlement Supplements (in whole or in part) from time to time in its sole discretion through such method as the Clearing House shall determine is appropriate.
If the Clearing House exercises its powers pursuant to Section 4(b) of the Cash Settlement Schedule, then, as soon as practicable following such exercise, it shall notify all FCM Clearing Members of the Discounting Risk Swaps that will be registered in their Proprietary Accounts and FCM Client Sub-Accounts and it shall register such Discounting Risk Swaps in such accounts without regard to any Cash Only Election Notice.
The Clearing House shall update its books and records to reflect the Discounting Risk Swaps, Cash Compensation Contracts, Cash Valuation Change Amounts (USD), Cash Valuation Change Amounts (MXN), Auction Winner Amounts and Cash Only Client Position Account Auction Adjustments resulting from the operation of this Annex and the Cash Settlement Schedule.
Subject to Section 13, all determinations and calculations made by the Clearing House pursuant to this Annex and the Cash Settlement Schedule shall be binding and may in no circumstances (other than in the case of manifest error) be called into question by any person.
For the purposes of this Annex: Auction Adjustment per Unit means, in relation to a Maturity Bucket, an amount in USD equal to (i) the aggregate of all Auction Winner Amounts for that Maturity Bucket divided by (ii) the total notional amount of Discounting Risk Swaps in that Maturity Bucket which have been liquidated pursuant to the Cash Settlement Schedule.
See “Part 5.1: Settlement Schedule and Payments Calendars (SSPCs)” for details on the SSPCs.Currently, we issue preliminary settlement statements 10 business days following the trading day.
The Cash Settlement Schedule supplements, and forms part of, this Annex.
Mid-Price has, in relation to the Net Auction Contract Pair for a Maturity Bucket, the meaning given to it in the Cash Settlement Schedule, and shall be expressed in basis points.
Exhibit F (incorporated by reference herein) sets forth the Non-Capitated Performance Settlement Schedule.