Redemption Settlement Date means, with respect to any Redemption Order, the Business Day on which such Redemption Order settles, as specified in the PA Procedures.

Redemption Settlement Date shall have the meaning assigned thereto in Section 7.1(d).

Redemption Settlement Date means the second Business Day after the Trade Date, subject to the exceptions described in the Procedures.

Examples of Redemption Settlement Date in a sentence

On the Redemption Settlement Date, the Liquidity Provider delivers cash to the Trust’s Fiat Account for the cash purchase price of the Trust’s Ether, as facilitated by the Ether Custodian under the Clearing Agreement.
The Redemption Settlement Date shall be the immediately following Business Day after the Redemption Trade Date, unless the parties otherwise agree in writing.

More Definitions of Redemption Settlement Date

Redemption Settlement Date means, with respect to any Optional Redemption, (i) if the Corporation elects Redemption Cash Settlement for such Optional Redemption, the relevant Redemption Date or, (ii) if the Corporation elects (or is deemed to have elected) any other Settlement Method for such Optional Redemption, the third Business Day immediately following the last Trading Day of the relevant Observation Period.

Redemption Settlement Date means, in respect of any Redemption Day, a day which is not later than the tenth Issuer Business Day after the notification of the Redemption Amount for that Redemption Day in accordance with Condition 7.3.3 or Condition 7.6.2, provided that it is a Currency Business Day and a Clearing System Business Day.

Redemption Settlement Date means, with respect to any Redemption Order, the second Business Day (or such earlier day as is industry practice for regular-way trading) following the Trade Date for such Redemption Order.

Redemption Settlement Date means the settlement date for a Redemption Order, which shall be the Business Day immediately following the Redemption Trade Date unless the Trust, Sponsor and Authorized Participant agree in writing to a different date.

Redemption Settlement Date means, with respect to any Redemption Order, the Business Day on which such Redemption Order settles, as specified in the Authorized Participant Agreement.