Definizione di Settlement Cycle

Settlement Cycle means, in respect of an Index, the period of Clearance System Days following a trade in the security comprising such Index on the Exchange in which settlement will customarily occur according to the rules of such Exchange;

Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the securities that form the basis of the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

Settlement Cycle means [with respect to shares as [Basket Components][Underlying]] [•] [the period of Clearance System Business Days following a trade on the Relevant Exchange in the shares constituting the [Underlying] [respective Basket Component], in which settlement will customarily occur according to the rules of that Relevant Exchange] [with respect to bonds as [Basket Components][Underlying]] [•] [the period of Clearance System Business Days following a trade on the Relevant Exchange in the bonds constituting the [Underlying] [respective Basket Component], in which settlement will customarily occur according to the rules of that Relevant Exchange] [with respect to certificates as [Basket Components][Underlying]] [•] [the period of Clearance System Business Days following a trade on the Relevant Exchange in the certificates constituting the [Underlying] [respective Basket Component], in which settlement will customarily occur according to the rules of that Relevant Exchange] [with respect to indices as [Basket Components][Underlying]] [•] [the period of Clearance System Business Days following a trade on the Relevant Exchange in the securities that form the basis of the [Underlying] [respective Basket Component], in which settlement will customarily occur according to the rules of that Relevant Exchange] [with respect to currency exchange rates as [Basket Components][Underlying]] [•] [with respect to fund shares as [Basket Components][Underlying]] [•] [the period of Clearance System Business Days following a trade on the [Relevant Exchange] [trading system]in the fund shares constituting the [Underlying] [respective Basket Component], in which settlement will customarily occur according to the rules of that [Relevant Exchange] [trading system]] [with respect to [commodities] [and] [future contracts] as [Basket Components][Underlying]] [•] [with respect to interest rates as [Basket Components][Underlying]] [•] [other method to determine the Settlement Cycle].] [insert additional definitions, if applicable] ([Interest][,][Additional Amount]) [In the case of Non interest Bearing Certificates insert: The Certificates do not bear interest.] [In the case of Fixed Rate Certificates insert:

Examples of Settlement Cycle in a sentence

• In the event that the Price of the share used as the Underlying(i) as determined and published by the Relevant Exchange is subsequently corrected and the correction (the “Corrected Price“) is published by the Relevant Exchange after the original publication, but still within one Settlement Cycle, the Issuer and the Calculation Agent shall be entitled to effect, under consideration of the Corrected Price, adjustments to these Conditions at their reasonable discretion, to account for the correction.

• Nell’eventualità in cui l’Indice sia successivamente corretto e la correzione sia pubblicata dalla rispettiva Borsa di Riferimento o dallo Sponsor entro un Ciclo di Regolamento (Settlement Cycle) successivo all’originale pubblicazione, l’Agente di Calcolo determinerà l’ammontare che è pagabile come risultato di quella correzione, e, se si rendesse necessario, richiederà che l’Emittente pubblichi un avviso per tale correzione.