Common use of Purchases and Settlements Clause in Contracts

Purchases and Settlements. SECTION 2.1 Transfer of Affected Assets; Intended Characterization. 40 SECTION 2.2 Purchase Price. 41 SECTION 2.3 Investment Procedures. 42

Purchases and Settlements. SECTION 2.1 Transfer of Affected Assets; Intended Characterization. 40 SECTION 2.2 Purchase Price. 41 42 SECTION 2.3 Investment Procedures. 4242 SECTION 2.4 Determination of Yield and Rate Periods. 44 SECTION 2.5 Yield, Fees and Other Costs and Expenses. 46