Settlement Value definition

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.
Settlement Value means the amount paid to the holders of in-the-money Contracts.

Examples of Settlement Value in a sentence

  • The Customer agrees that KINTO is entitled to determine the Settlement Value of the Vehicle as defined.


More Definitions of Settlement Value

Settlement Value means the amount in respect of a credit agreement that is required to be paid on a particular date to satisfy all the consumer's financial obligations to the credit provider, as calculated in accordance with section 125 (2);
Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration.
Settlement Value means, when used with respect to an applicable Valuation Date, for each YEELDS represented hereby, the sum of the products of the Adjusted Volume Weighted Average Prices and the applicable Multipliers (as adjusted from time to time by the Calculation Agent pursuant to the Calculation Agency Agreement prior to the Close of Trading on the Valuation Date) for each Settlement Value Security on the Valuation Date, together with any cash or other property included in the Settlement Value on the Valuation Date by the Calculation Agent pursuant to the Calculation Agency Agreement; provided, however, that if the originally scheduled Valuation Date is postponed because of the occurrence of a Market Disruption Event, the Settlement Value will equal (a) the sum of the products of the Adjusted Volume Weighted Average Prices on the postponed Valuation Date and the applicable Multipliers for each Settlement Value Security for which no Market Disruption Event occurred plus (b) the sum of the products of the average per share execution price an affiliate of the Company receives or pays on the postponed Valuation Date upon the sale or purchase of each Settlement Value Security for which a Market Disruption Event has occurred which was used to hedge the Company’s obligations under the Notes of this series and the applicable Multipliers (in case, as adjusted from time to time by the Calculation Agent pursuant to the Calculation Agency Agreement prior to the Close of Trading on the postponed Valuation Date), together with any cash or other property included in the Settlement Value on the Valuation Date by the Calculation Agent pursuant to the Calculation Agency Agreement. The Settlement Value, and any adjustments thereto, shall be determined by the Calculation Agent pursuant to the Calculation Agency Agreement. All determinations of the Adjusted Volume Weighted Average Price, as well as any determinations described in the preceding paragraph, shall be made by the Calculation Agent.
Settlement Value means the sum of (a) the products of the Closing Prices and the applicable Ending Multipliers for each Settlement Value Security on the Valuation Date and (b) any cash included in the Settlement Value on the Valuation Date; provided, that if a Market Disruption Event occurs on the Valuation Date, the Settlement Value will be determined based on (i) with respect to Settlement Value Securities that have not been subject to a Market Disruption Event, the Closing Price of each such Settlement Value Security on the postponed Valuation Date, and (ii) with respect to Settlement Value Securities that have been subject to a Market Disruption Event, the Average Execution Price on the postponed Valuation Date.
Settlement Value means the full amount owing to us under this Agreement together with any unpaid interest and all other legally permissible costs, fees and charges as at the Settlement Date;
Settlement Value means the amount paid to the holders of in-the-money Contracts. The minimum Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definition for Long and Short Variable Payout Contracts.
Settlement Value means the sum of (a) the products of the Closing Prices and the applicable Ending Multipliers for each Settlement Value Security on the Calculation Day and (b) any cash included in the Settlement Value on the Calculation Day; provided, that if a Market Disruption Event occurs on the Calculation Day, the Settlement Value will be determined based on (i) with respect to Settlement Value Securities that have not been subject to a Market Disruption Event, the Closing Price of each such Settlement Value Security on the postponed Calculation Day, and (ii) with respect to Settlement Value Securities that have been subject to a Market Disruption Event, the Average Execution Price on the postponed Calculation Day. The Settlement Value used to calculate the Maturity Payment Amount shall be determined by the Calculation Agent.