Settlement Suspension definition

Settlement Suspension means, following the determination of an Event Determination Date but prior to the Settlement Date, if ISDA on its website http://dc.isda.org (or any successor website) announces that the conditions to convening a Credit Derivatives Determinations Committee to Resolve whether and when a Credit Event has occurred with respect to a Reference Entity, the suspension of any settlement and such settlement shall remain suspended until such time as ISDA on its website http://dc.isda.org (or any successor website) subsequently announces that the relevant Credit Derivatives Determinations Committee has Resolved (a) that an event that constitutes a Credit Event has occurred with respect to the Reference Entity or (b) not to determine such matters.
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Settlement Suspension means, following the determination of an Event Determination Date but prior to the Settlement Date, if ISDA publicly announces that the conditions to convening a Credit Derivatives Determinations Committee to Resolve whether and when a Credit Event has occurred with respect to the Reference Entity, the suspension of any settlement and such settlement shall remain suspended until such time as ISDA subsequently publicly announces that the relevant Credit Derivatives Determinations Committee has Resolved (a) that an event that constitutes a Credit Event has occurred with respect to the Reference Entity or (b) not to determine such matters.
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Examples of Settlement Suspension in a sentence

  • ARTICLE IX FALLBACK PROVISIONS APPLICABLE TO PHYSICAL SETTLEMENT N/AARTICLE X EFFECT OF DC RESOLUTIONS Section 10.1. Settlement Suspension.

  • Subscription and/or Settlement Suspension means that settlements and/or subscriptions in the Fund are suspended, postponed, reduced, subject to any threshold or other constraint or partially executed or the Fund is closed to subscriptions and settlements, for any reason, without having obtained the prior written consent of the Calculation Agent.

  • In the case of Fixed Recovery Credit-Linked Notes, it should be noted that the Credit-Linked Notes will be redeemed 10 Business Days following the day on which the Calculation Agent first determines that a Credit Event Determination Date has occurred subject to the provisions in paragraph 13 (Settlement Suspension) of the Credit-Linked Note Provisions.

  • The Calculation Agent may adjust the settlement, payment or any other terms of the Warrants, including implementing Substitution of the relevant Fund Unit if a Subscription and/or Settlement Suspension occurs.

  • N/AARTICLE XEFFECT OF DC RESOLUTIONSSection 10.1. Settlement Suspension.

  • If there is a tie vote on the second ballot, the winning recommendation shall be decided by lot.

  • All deviations will be addressed in study source documents, reported to the Study Coordination Center.

  • If the Calculation Agent later determines that the Credit Event Determination Date should be adjusted or should not have occurred (for example, due to a DC Credit Event Announcement occurring) then no account will be taken of this and the Credit-Linked Notes will in any case be redeemed unless this subsequent determination is made prior to a cut-off date and subject to the provisions in paragraph 13 (Settlement Suspension) of the Credit-Linked Note Provisions.

  • Number of mediations by type of financial services provider, January-March 2013 Financial services provider In progress Settlement Suspension Total in %Banks 7 2 3 12 50%Insurance companies 2 3 5 10 42%Leasing providers 1 0 1 2 8%TOTAL 10 5 9 24 100%Source: Natio nal Bank of Serbia.

  • The participants overall view was that, due to long procurement periods, the cost of materials and labour increases from the initial cost submitted to the client to when the orders are placed.

Related to Settlement Suspension

  • Demand Suspension shall have the meaning set forth in Section 3.1.6.

  • Provisional Suspension means the Athlete or other Person is barred temporarily from participating in any Competition or activity prior to the final decision at a hearing conducted under Article 8;

  • Shelf Suspension Period See Section 3(a) hereof.

  • Summary suspension means a suspension imposed without a formal hearing to ensure the safety and well-being of members of the college community.

  • Shelf Suspension shall have the meaning set forth in Section 3.2.4.

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • 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.

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

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

  • Covenant Suspension Event has the meaning assigned to it in Section 3.22(b).

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

  • 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).

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Resettlement Plan or “RP” means the resettlement plan for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • Purchase Contract Settlement Date means [ ].

  • Suspension Date has the meaning set forth in Section 4.18(a).

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Long-term suspension means the removal of a student from the school premises and regular classroom activities for more than ten (10) consecutive school days, or for more than ten (10) school days cumulatively for multiple disciplinary offenses in any school year. A Principal/Designee may, in his or her discretion, allow a student to serve a long-term suspension in school. Removal solely from participation in extracurricular activities or school-sponsored events, or both, shall not count as removal in calculating school days. Except for students who are charged with a disciplinary offense set forth in subsections (a) or (b) of G.L. c. 71, §37 H, or in section 37H ½ of G.L. c. 71, no student may be placed on long-term suspension for one or more disciplinary offenses for more than ninety (90) school days in a school year beginning with the first day that the student is removed from school. No long-term suspension shall extend beyond the end of the school year in which such suspension is imposed.

  • Subscription Suspension Event means the delivery by the Issuer of a notice in writing to each Authorised Participant, the Issuing and Paying Agent and the Determination Agent pursuant to the LS Operating Procedures Agreement stating that with effect from the date specified in such notice subscription of the ETP Securities shall be so suspended.

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

  • Suspension Event As defined in Section 5(b) hereof.