Examples of Settlement Document in a sentence
Settlement Document – money transfer document used to initiate funds transfer from the payer's account to the beneficiary's account.
In the event of any errors in the Settlement Document, the Bank shall not be held liable for any damage or loss incurred by the Client and/or any third party as a result of the Bank executing such a Settlement Document.
Promptly upon receipt of such notification, the Investor shall pay to the Company the aggregate purchase price of the Shares (as set forth in the Settlement Document) in cash in immediately available funds to an account designated by the Company in writing and transmit notification to the Company that such funds transfer has been requested.
Parties must file the Settlement Document no later than the first day set for hearing (the Hearing Date).
The Correspondent may withdraw, introduce alterations and amendments into the Settlement Document by sending respective instructions to the Bank in the authenticated form via the agreed communication channel specified in the Agreement.