Settlement Cycle Sample Clauses

Settlement Cycle. Party A and Party B shall settle account once in each month, the settlement cycle shall constitute one (1) full calendar month.
AutoNDA by SimpleDocs
Settlement Cycle. The settlement cycle is T+1 month upon Party A’s receipt of the information fee from which a certain percentage has already been distributed to China Mobile; taking January as an example, if Party A receives the after-Mobile-shared information fee in March (Month T), Party A shall post to Party B the settlement data of January by the 25th of April (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to see the settlement statement.
Settlement Cycle. The settlement cycle for China Unicom’s value-added service shall be one calendar month.
Settlement Cycle. (a) The settlement between Party A and Party B shall be carried out once in each month.
Settlement Cycle. The aggregate amount of cash withdrawn from static automatic teller machines and not settled by Xxxxxxxx Bank Limited to the Borrower, shall not exceed R500,000,000 without the prior written consent of the Senior Facility E Lender.
Settlement Cycle. The settlement cycle is T+1 month; taking January (Month T) as an example, Party A shall post to Party B the settlement data of January (Month T) by the 25th of February (T+1 month), and Party B may log in to the “Partner Service System” provided by Party A to check the settlement statement. Chapter 3 Definition and Penalties on Breach
Settlement Cycle. We expect that delivery of the notes will be made against payment therefor on May 26, 2006, which will be the 11th business day following the date of pricing of the notes (such settlement cycle being herein referred to as "T + 11)"). Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, or Exchange Act, trades in the secondary market generally are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on the date of pricing or the next seven succeeding business days will be required, by virtue of the fact that the notes initially will settle T + 11, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of notes who wish to trade notes on the date of pricing or the next three succeeding business days should consult their own advisor. CAPITALIZATION The following table sets forth our cash and cash equivalents and total capitalization as of March 31, 2006 (1) on a historical basis, and (2) as adjusted to give effect to the concurrent transactions, based on the following assumptions: - the issuance of $400.0 million of senior notes in this offering for net proceeds of $391.8 million and the application thereof to repurchase $349.4 million aggregate principal amount of our 9.25% notes in the tender offer, and - the issuance in this offering of $190.0 million of convertible subordinated notes for net proceeds of $183.9 million and the application thereof to redeem $176.5 million aggregate principal amount outstanding of our 10.5% senior subordinated notes. You should read the as adjusted capitalization data set forth in the table below in conjunction with "Selected Consolidated Financial Data," "Description of Certain Indebtedness," and "Management's Discussion and Analysis of Financial Condition and Results of Operations," set forth in our Annual Report on Form 10-K for the year ended December 31, 2005 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2006, and our consolidated financial statements and the notes thereto, incorporated by reference into the Prospectus Supplement.
AutoNDA by SimpleDocs
Settlement Cycle. Delivery of the Shares will be made against payment therefor on or about June 29, 2016, which will be five business days following the date of the prospectus supplement (this settlement cycle being referred to as “T+5”). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market are generally required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade their Shares prior to the Closing Date will be required, by virtue of the fact that the Shares initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of Shares who wish to trade their Shares prior to the Closing Date should consult their own advisors.
Settlement Cycle. The parties hereto agree and acknowledge that as of the Trade Date, the Settlement Cycle is three (3) Clearance System Business Days. Limitation on Receipt of Shares: Notwithstanding any other provisions of this Confirmation, Party A shall not be entitled to receive Shares or Class B Shares under this Confirmation (whether in connection with a settlement or early termination of the Transaction or any foreclosure or other exercise of rights or remedies with respect to any Collateral or otherwise) to the extent (but only to the extent) that such receipt would result in Parent directly or indirectly beneficially owning (as such term is defined for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) or otherwise directly or indirectly owning, controlling or holding with the power to vote (as such terms are used in Section 2(a)(3) of the 0000 Xxx) at any time in excess of 4.9% of the outstanding Shares. Any purported delivery under this Confirmation shall be void and have no effect to the extent (but only to the extent) that such delivery would result in Parent directly or indirectly so beneficially owning or otherwise directly or indirectly owning, controlling or holding with the power to vote (as such terms are used in Section 2(a)(3) of the 0000 Xxx) in excess of 4.9% of the outstanding Shares. Except as otherwise provided herein, if any delivery owed to Party A under this Confirmation is not made, in whole or in part, as a result of this provision, Party B’s obligation to make such delivery shall not be extinguished and Party B shall make such delivery as promptly as practicable after, but in no event later than one Currency Business Day after, Party A gives notice to Party B that such delivery would not result in Parent directly or indirectly beneficially owning or otherwise directly or indirectly owning, controlling or holding with the power to vote (as such terms are used in Section 2(a)(3) of the 0000 Xxx) in excess of 4.9% of the outstanding Shares. Notwithstanding the preceding paragraph, as of the earlier of March 31, 2006 and the date 90 calendar days immediately following the date (if any) to which the Valuation Date is accelerated pursuant to “Acceleration of the Valuation Date” above, Party B shall have the right to deliver to Party A any remaining number of Shares required to be delivered hereunder in settlement of the Transaction irrespective of whether such delivery would result in Parent directly...
Settlement Cycle. MSTC Deadline: Argentina Trade date plus 5 business days 11:00 am on settlement date minus 2 business days Australia Trade date plus 5 business days Settlement date minus 2 business days Austria Trade date plus 5 business days 11:00 am on settlement date minus 2 business days Belgium Alternate Mondays or Tuesdays Settlement date minus 2 business days Brazil Trade date plus 2 business days 11:00 am on settlement date minus 1 business day Canada Trade date plus 3 business days Settlement date minus 2 business days *T-Bills Trade date plus 1 business day Settlement date minus 1 business day Chile Trade date plus 2 business days 11:00 am on settlement date minus 1 business day China Trade date plus 3 business days Settlement date minus 3 business days Colombia Trade date plus 2 business days 11:00 am on settlement date minus 1 business day Denmark Trade date plus 3 business days 11:00 am on settlement date minus 2 business days Finland Trade date plus 4 business days 11:00 am on settlement date minus 2 business days France Monthly Settlement Cycle Settlement date minus 2 business days Germany Trade date plus 2 business days Settlement date minus 2 business days Greece Trade date plus 2 business days Settlement date minus 1 business day Hong Kong Trade date plus 2 business days Settlement date minus 1 business day Indonesia Trade date plus 4 business days Settlement date minus 4 business days Italy Monthly Settlement 3 business days prior to Reporting Day Ireland Alternate Mondays Settlement date minus 5 business days Japan Trade date plus 3 business days Settlement date minus 2 business days *JGB’s Trade date plus 4 business days Settlement date minus 3 business days Korea Trade date plus 2 business days Settlement date minus 2 business days Malaysia Buys Trade date plus 7 business days Settlement date minus 2 business days Sales Trade date plus 4 business days Settlement date minus 2 business days Mexico Trade date plus 2 business days Equity: settlement date minus 1 business day Bonds: 12:00 pm on settlement date minus 1 business day Netherlands Trade date plus 5 business days Settlement date minus 2 business days New Zealand Trade date plus 5 business days Settlement date minus 3 business days Norway Trade date plus 3 business days 11:00 am on settlement date minus 2 business days Pakistan Following Monday Settlement date minus 2 business days
Time is Money Join Law Insider Premium to draft better contracts faster.