Settlement Transaction means a contract between a Clearing Participant and CHO arising in respect of novation of a Trade under the C&S Rules;
Settlement Transaction means the transactions contemplated by this Agreement, including confirmation of the Amended Plan of Reorganization.
Examples of Settlement Transaction in a sentence
If the parties cannot resolve a disputed Settlement Transaction within ninety (90) days of submission, then either party may exercise any of its legal remedies under this Agreement or applicable law.
In order to dispute a Settlement Transaction, the Assuming Institution must provide the Receiver a written explanation why the Settlement Transaction is incorrect or objectionable within thirty (30) days of receipt.
The Receiver will submit each Settlement Transaction, along with supporting documentation, to the Assuming Institution’s settlement designee for approval.
More Definitions of Settlement Transaction
Settlement Transaction means, following the action of a Settlement Order, the payment or transfer of Funds from the Payment Account to your designated Beneficiary Account.
Settlement Transaction means, following the action of a Settlement Order, the payment or transfer of funds from the Payment Account to the Customer’s designated Beneficiary Account.
Settlement Transaction means each contract in respect of a transfer of Relevant Financial Products as entered into by an Investor in accordance with the Auction Process.
Settlement Transaction means a contract between a Clearing Participant and CHO to perform the clearing and settlement obligations described in the C&S Rules;
Settlement Transaction means a contract between a Clearing Participant
Settlement Transaction means, collectively, the transactions provided for in the Settlement Agreement to be consummated on or about the Closing Date consisting of (a) the payment to SummitBridge of the sum of $8,300,000; (b) the release and satisfaction of the Tranche Y Term Loan Promissory Note made by NRI on or about April 30, 1999 in the amount of $8,000,000 (defined in the Settlement Agreement as the "Note") and related security interests and guarantees; (c) the relinquishment and cancellation by the SummitBridge Parties of a warrant to purchase 385,000 shares of common stock of NRI (defined in the Settlement Agreement as the "Warrant"); (d) the relinquishment and transfer by the SummitBridge Parties to NRI of 814,748 shares of common stock of NRI (defined in the Settlement Agreement as the "Surrendered Shares"); and (e) the relinquishment and transfer by the SummitBridge Parties to NRI of $4,929,275 stated amount of non-yield preferred stock in NRI, convertible into 1,643,092 shares of common stock of NRI (defined in the Settlement Agreement as the "Preferred Stock").
Settlement Transaction means (i) any adjustment to those amounts presented in the Pro Forma Statement pursuant to Section 8.1 or Section 8.2, (ii) a reimbursement owed to a party which payment was originally made at the request of the other party, and (iii) any transaction which is an obligation of the non-requesting party under the terms of Section 8.3.