Confirmation Time Frames Sample Clauses

Confirmation Time Frames. The parties agree that if (I) either Party A or Party B is subject to CFTC oversight and the Applicable DF Laws, then the provisions of subsection 6(b)(I) shall apply, (II) either Party A or Party B is subject to EMIR Timely Confirmation Rules (as defined in the Annex), then the provisions of subsection 6(b)(II) shall apply, and (III) (A) either Party A or Party B is subject to both CFTC oversight and the Applicable DF laws and EMIR Timely Confirmation Rules, or (B) one party is subject to CFTC oversight and the Applicable DF Laws and the other party is subject to the EMIR Timely Confirmation Rules then the shorter of 6(b)(i) and 6(b)(ii) shall apply: (i) If Party B is a Swap Dealer (“SD”) Major Swap Participant (“MSP”) or a Financial Entity, the time frame within which you must respond to a confirmation is: Day of Execution Confirmation Deadline 1/1/13-8/31/13 end of 3rd Business Day following the Day of Execution 9/1/13-8/31/14 end of 2nd Business Day following the Day of Execution 9/1/14 and on end of 1st Business Day following the Day of Execution If Party B is not a SD, MSP or a Financial Entity, the time frame within which you must respond to a confirmation is: Day of Execution Confirmation Deadline 1/1/13-8/31/13 end of 7th Business Day following the Day of Execution 9/1/13-8/31/14 end of 4th Business Day following the Day of Execution 9/1/14 and on end of 2nd Business Day following the Day of Execution
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Related to Confirmation Time Frames

  • Completion Time The Consultant must complete the services and deliverable for this task in accordance with whichever one of the following time is marked: On or before the following date: . On or before Business Days from .

  • Confirmation Confirmation of Transfer Agent's execution of payment orders shall ordinarily be provided within twenty four (24) hours notice of which may be delivered through the Transfer Agent's proprietary information systems, or by facsimile or call-back. Fund must report any objections to the execution of an order within thirty (30) days.

  • Confirmation of Scope The parties confirm that the Asset Representations Reviewer is not responsible for determining whether noncompliance with the representations or warranties constitutes a breach of the Basic Documents.

  • Reconfirmation This Agreement must be reconfirmed by a resolution passed by a majority of the votes cast by Independent Shareholders who vote in respect of such reconfirmation at every third annual meeting of the Corporation following the meeting at which this Agreement is confirmed. If this Agreement is not so reconfirmed or is not presented for reconfirmation at such annual meeting, then this Agreement and all outstanding Rights shall terminate and be void and of no further force and effect on and from the date of termination of the applicable annual meeting; provided that termination shall not occur if a Flip-in Event has occurred (other than a Flip-in Event which has been waived) prior to the date upon which this Agreement would otherwise terminate pursuant to this Section 5.18.

  • Preliminary Settlement Statement Not less than five Business Days prior to the Closing, EXCO shall prepare and submit to BG for review, using the best information available to EXCO, a draft settlement statement (the “Preliminary Settlement Statement”) that shall set forth the Adjusted Closing Cash Consideration, reflecting each adjustment made in accordance with this Agreement as of the date of preparation of such Preliminary Settlement Statement and the calculation of the adjustments used to determine such amount, together with the designation of EXCO’s accounts for the wire transfers of funds as set forth in Section 9.3(c). Within three Business Days of receipt of the Preliminary Settlement Statement, BG will deliver to EXCO a written report containing all changes with the explanation therefor that BG proposes to be made to the Preliminary Settlement Statement, or if BG does not deliver such a written report, BG shall be deemed to have accepted such Preliminary Settlement Statement. During such 3 Business Day period, EXCO shall provide to BG any supporting documentation or information relating to the Preliminary Settlement Statement reasonably requested by BG as soon as reasonably practicable. The Preliminary Settlement Statement, as agreed upon by the Parties, will be used to adjust the Closing Cash Consideration at Closing, without limitation to BG’s right to challenge any adjustments to the Closing Cash Consideration as provided in Sections 3.6 through 3.8 below. If the Parties cannot agree on the Preliminary Settlement Statement prior to the Closing, the Preliminary Settlement Statement as presented by EXCO will be used to adjust the Closing Cash Consideration at Closing.