Settlement. Settlement pursuant to Conditions 4.1 and 4.2.1(c) of the Settlement Amount, after deduction of any Expenses which the relevant Issuer is authorised to deduct, shall be made by the relevant Issuer or the Programme Agent (on its behalf) on the Settlement Date to the Holder's account in the Relevant Settlement System as specified in the Exercise Notice.
Settlement. My/Our* cash account to be credited with payment, directly or indirectly, by the Issuer of the Settlement Amount for each Warrant exercised is as follows:
Settlement. (1) Cash Settled Warrants If the Warrants are Cash Settled Warrants other than VPC Warrants or Italian Dematerialised Warrants, the Issuer shall on the Settlement Date pay or cause to be paid the Cash Settlement Amount (if any) for each duly exercised Warrant or Unit, as the case may be, to the Holder's account specified in the relevant Exercise Notice for value on the Settlement Date less any Exercise Expenses. If the Warrants are VPC Warrants, payment of the Cash Settlement Amount (if any) will be made to the persons registered as Holders in the register maintained by VPC on the fifth Business Day immediately prior to the Settlement Date (the "Record Date"). The VPC Warrant Agent will pay the Cash Settlement Amount through VPC to each Holder appearing in the VPC Register on the Record Date on the Settlement Date. If the Warrants are Italian Dematerialised Warrants, the Issuer shall on the Settlement Date pay or cause to be paid the Cash Settlement Amount (if any) for each duly exercised Warrant or Unit, as the case may be, by credit or transfer to the Holder's account at Monte Titoli for value on the Settlement Date less any Exercise Expenses. The Issuer or the Guarantor will be discharged by payment to, or to the order of, Monte Titoli in respect of the amount so paid. Each of the persons shown in the records of Monte Titoli as the holder of a particular amount of the Warrants must look solely to Monte Titoli for his share of each such payment so made to, or to the order of, Monte Titoli.
(2) Physical Delivery Warrants Subject to payment of the aggregate Exercise Prices and payment of any Exercise Expenses with regard to the relevant Warrants or Units, as the case may be, the Issuer shall on the Settlement Date deliver, or procure the delivery of, the Entitlement for each duly exercised Warrant or Unit, as the case may be, pursuant to the details specified in the Exercise Notice. Subject as provided in Condition 5(C), the Entitlement shall be delivered and evidenced in such manner as set out in the applicable Final Terms.
Settlement. My/Our* cazh account to be credited with payment, directly or indirectly, by the Izzuer of the Settlement Amount for each Warrant exercized iz az followz:
Settlement. (i) Cash Settled Warrants The Issuer shall on the Settlement Date pay or cause to be paid the Cash Settlement Amount (if any) for each duly exercised Warrant or Unit, as the case may be, to the Holder's account specified in the relevant Exercise Notice for value on the Settlement Date less any Exercise Expenses.
(ii) Physical Delivery Warrants Subject to payment of the aggregate Exercise Prices and payment of any Exercise Expenses with regard to the relevant Warrants or Units, as the case may be, the Issuer shall on the Settlement Date deliver, or procure the delivery of, the Entitlement for each duly exercised Warrant or Unit, as the case may be, pursuant to the details specified in the Exercise Notice. Subject as provided in Condition 4(C), the Entitlement shall be delivered and evidenced in such manner as set out in the applicable Final Terms.
Settlement. L’affidabilità e l’efficienza dei sistemi di custodia dei Prodotti Finanziari e delle procedure di regolamento e di compensazione delle operazioni concluse su mercati organizzati in paesi emergenti sono spesso meno sviluppate rispetto agli altri paesi. Più elevata risulta la possibilità di incorrere in errori, trascuratezze o anche vere e proprie frodi, le cui conseguenze possono arrivare anche a negare al Cliente la titolarità degli strumenti finanziari da quest’ultimo acquistati.
Settlement. (i) Cash Settled Warrants The Issuer shall on the Settlement Date pay or cause to be paid the Cash Settlement Amount (if any) for each duly exercised Warrant or Unit, as the case may be, to the Holder's account specified in the relevant Voluntary Exercise Notice for value on the Settlement Date less any Exercise Expenses.
(ii) Physical Delivery Warrants Subject to payment of the aggregate Exercise Prices and payment of any Exercise Expenses with regard to the relevant Warrants or Units, as the case may be, the Issuer shall on the Settlement Date deliver, or procure the delivery of, the Entitlement for each duly exercised Warrant or Unit, as the case may be, pursuant to the details specified in the Voluntary Exercise Notice. Subject as provided in Condition 4(C), the Entitlement shall be delivered and evidenced in such manner as set out in the applicable Final Terms. After delivery of the Entitlement and for the Intervening Period (as defined below), none of the Issuer, the Calculation Agent and any other person shall at any time (i) be under any obligation to deliver or procure delivery to any Holder any letter, certificate, notice, circular or any other document or, except as provided herein, payment whatsoever received by that person in respect of the Entitlement (ii) be under any obligation to exercise or procure exercise of any or all rights attaching to the Entitlement or (iii) be under any liability to a Holder in respect of any loss or damage which such Holder may sustain or suffer as a result, whether directly or indirectly, of that person being registered during such Intervening Period as legal owner of the Entitlement.
Settlement. 7.1. Settlement obligations under this Agreement will be fulfilled by PPRO LU. 7.2. PPRO shall only be responsible for th e fulfilment of its settlement obligations relating to Transaction Amounts, if all of the following prerequisites are met: 7.2.1. the acceptance of a Transaction was made in accordance with this Agreement and with the “PPRO Payment Methods – Specific Terms of Use”; 7.2.2. the financial institution of the Customer has not reversed or otherwise withheld the payment; 7.2.3. PPRO has received the corr esponding Transaction Amounts from the Issuing Bank or from the Payment Scheme; 7.2.4. the Contractual Partner has received authorisation from PPRO to utilise the respective Payment Method with respect its Customers; 7.2.5. there has been no suspension of service pursua nt to the terms of Clause 10. 7.3. The Settlement Period shall be weekly from Saturday 00:00h to Friday 24:00h UTC or, at the option of PPRO, on a calendar monthly basis.
Settlement. (a) Cash Settled Warrants
(b) Physical Delivery Warrants
Settlement. (A) Cash Settled Certificates