Settlement Currency. USD Exchange: The New York Stock Exchange Related Exchange: All Exchanges Prepayment: Not Applicable Variable Obligation: Not Applicable Initial Forward Price: For each Transaction, as specified in the Supplemental Confirmation for such Transaction, to be the product of (i) an amount equal to 1 minus the Forward Hedge Selling Commission Rate (as defined in the Sales Agreement and specified in the Supplemental Confirmation for such Transaction) applicable to such Transaction; and (ii) the Volume-Weighted Hedge Price for such Transaction (such product adjusted as the Calculation Agent determines appropriate to (x) reflect on each day during the Forward Hedge Selling Period and through the Effective Date the sum of 1 and the Daily Rate for such day multiplied by the then-Initial Forward Price as of such day and (y) reduce the then-Initial Forward Price by the relevant Forward Price Reduction Amount on each Forward Price Reduction Date, if any, occurring on or before the Trade Date). Forward Price: For each Transaction, on the Effective Date of such Transaction, the Initial Forward Price, and on any day thereafter, the product of the Forward Price on the immediately preceding calendar day and 1 + the Daily Rate * (1/365); provided that the Forward Price on each Forward Price Reduction Date shall be the Forward Price otherwise in effect on such date minus the Forward Price Reduction Amount for such Forward Price Reduction Date. Volume-Weighted Hedge Price: For each Transaction, as specified in the Supplemental Confirmation for such Transaction, to be the volume-weighted average of the prices per share of Forward Hedge Shares (as defined in the Sales Agreement) sold pursuant to the Sales Agreement on each Trading Day of the Forward Hedge Selling Period (as defined in the Sales Agreement) for such Transaction, as determined by the Calculation Agent.
Settlement Currency. EUR. Cash Settlement Payment Date: In relation to each Valuation Date t, the following dates Cash Settlement Payment Date t=1: 25 August 2016 Cash Settlement Payment Date t=2: 27 February 2017 Cash Settlement Payment Date t=3: 25 August 2017 Cash Settlement Payment Date t=4: 26 February 2018 Cash Settlement Payment Date t=5: 27 August 2018 Cash Settlement Payment Date t=6: 25 February 2019 Equity Amounts: The Equity Amount payable (if any) by the Equity Amount Payer to the Equity Amount Receiver in respect of each Valuation Date t (from t=1 to t=6 inclusive) on the immediately following Cash Settlement Payment Date t shall be determined as follows: ● If on the Valuation Date t (for t=1 to t=6 inclusive), the following Indext condition is met, Index ≥ 80% , (the “Equity Thre shold”), then 0 the Equity Amount Payer will pay to the Equity Amount Receiver on the immediately following Cash Settlement Payment Date t, an Equity Amount determined according to the following formula: Notional Amount ×3.30% However, to the extent that Equity Threshold is not met in respect of any Valuation Date t, the Equity Amount payable by the Equity Amount Payer on the immediately following Cash Settlement Payment Date t, will be zero.
Settlement Currency. USD Settlement Date: The date that falls one Settlement Cycle after the relevant Valuation Date, or, if the Settlement Amount is less than zero, the date one Settlement Cycle following the last day of the Settlement Valuation Period.
Settlement Currency. USD Settlement Date: Three Exchange Business Days after the Valuation Date, or if such date is not a Clearance System Business Day or if there is a Settlement Disruption Event on such day, the immediately succeeding Clearance System Business Day on which there is no Settlement Disruption Event. Minimum Shares: To be determined as specified in Schedule I, the final number for which shall be specified to the Issuer in the Trade Notification. Maximum Shares: To be determined as specified in Schedule I, the final number for which shall be specified to the Issuer in the Trade Notification.
Settlement Currency. All Transactions under the Agreement shall be submitted to Member and Servicer in one of the Submission Currencies identified on Exhibit A and the all settlements with respect to such Transactions shall be in the Settlement Currency that is identical to the Submission Currency. Carrier may request that Member and Servicer permit that Applicable Transactions be settled with a Settlement Currency that is different than the Submission Currency for such Transactions. Carrier acknowledges and agrees that a currency conversion would be required and that Member and Servicer would have employ their exchange rate methodology in making any such currency conversion and the costs associated with such conversion would be passed on to Carrier.
Settlement Currency. EUR. Cash Settlement Payment Dates: In relation to each Valuation Date t, the following Cash Settlement Payment Dates from t=1 to t=2 set out below: t=1: 8 February 2019 t=2: 10 August 2020
Settlement Currency. Settlements will be paid in USD or other major currency as nominated by the Merchant and approved by PROCESSOR from t ime to time. Merchant is responsible for any currency conversion fee that may be charged by the Bank , if applicable.
Settlement Currency. USD Failure to Deliver: Applicable
Settlement Currency. MSSB will calculate the value of the Client’s transaction in the securities in Ringgit Malaysia using such exchange rate as MSSB may determine in its discretion. All transactions in the securities for the Client’s account shall be settled in Ringgit Malaysia or, any other currency requested by the Client provided it is approved by the relevant authorities and agreed by MSSB, at a rate of exchange determined by MSSB. The Client will bear all losses, damages. or costs that result from any currency conversion connected with any transaction in the securities for the Client’s account.
Settlement Currency. USD Failure to Deliver: Not Applicable SUSPENSION OF CASH OR NET SHARE SETTLEMENT: Suspension Day: Any day on which Party A determines, in good faith and based on the advice of counsel, that it is appropriate with respect to any legal, regulatory or self-regulatory requirements or related policies and procedures (whether or not such requirements, policies or procedures are imposed by law or have been voluntarily adopted by Party A generally in connection with its business) for Party A or its affiliates to refrain from engaging in transactions in the Shares. Party A shall notify Party B if it makes a determination that any day in an Unwind Period is a Suspension Day, but such notice need not specify the reason for Party A’s determination.
