Standard Settlement Date definition

Standard Settlement Date means the third business day following each Trading Day during the applicable Selling Period, when the Company shall deliver to BNYMCM the amount of Shares sold on such Trading Day and BNYMCM shall deliver to the Company the Standard Settlement Issuance Price received on such sales.
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Standard Settlement Date shall have the meaning ascribed to such term in Section 4.1(e).
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Examples of Standard Settlement Date in a sentence

  • Notwithstanding Paragraph 3(c) of the Agreement, in the case of Transactions in respect of Equity Securities terminable upon demand, the termination date specified in any notice by Seller shall be a business day no earlier than the Standard Settlement Date for trades of Purchased Securities entered into at the time of such notice.

  • Rule 8.1 Standard Settlement DateA Standard Settlement Date shall be agreed upon by the Dealing Participants and shall be included as part of its Trading Conventions as approved by PDEx. In setting the Standard Settlement Date, the PDEx shall at all times ensure that the same complies with the standard settlement date set by applicable laws, regulations issued thereunder, or the Commission.

  • The term “Baseline Spot Curve” means the function that assigns to each date t after the Standard Settlement Date a Baseline Spot Rate z(T0, t).If a date t is within six months of the Standard Settlement Date, then the spot rate is equal to the par yield.

  • It is obtained from the corresponding Baseline Spot Rate z(T0, t) using the formulad(T0, t) =.1 +z(T0, t ) −2y(T0,t)200, (1)where y(T0, t) is the Year–Fractions Between the Standard Settlement Date T0 and the date t .

  • The term “Baseline Par Curve” means the function that assigns to each date t after the Standard Settlement Date T0 the baseline par yield p(t).

  • The term “Remaining Tenor” refers to the time in years from the Standard Settlement Date to the maturity date of a Designated Security.

  • If a date t is between the Standard Settlement Date and the first maturity date τ1, then p(t) = p(τ1).

  • Name Name of the report selected i.e. Standard, Standard (Settlement Date) Username Payline® username currently logged in.

Related to Standard Settlement Date

  • 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.

  • 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.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • 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.

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

  • 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).

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Mandatory Settlement Date means the earliest of:

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Physical Settlement Date means the date (which may occur after the Scheduled Maturity Date) specified as such in the Intended Physical Settlement Notice falling 10 Business Days after the date of the Intended Physical Settlement Notice.

  • Purchase Contract Settlement Date means [ ].

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Settlement Dates As determined pursuant to Section 9.4 of the Equity Definitions, subject to Section 9(k)(i) hereof.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.