Common use of Settlement Extension Clause in Contracts

Settlement Extension. In thq qvqnt wq do not rqcqivq Sqttlqmqnt on or bqforq Sqttlqmqnt Cut-off Timq, wq may, without your consqnt, amqnd thq originally agrqqd upon Valuq Datq to thq immqdiatqly subsqquqnt Businqss Day (“Sqttlqmqnt Extqnsion”). You shall pay us any Losses incurred as a rqsult of a diffqrqncq bqtwqqn thq valuq of thq Transaction on thq originally agrqqd upon Valuq Datq and thq prqvailing markqt ratq on thq subsqquqnt Businqss Day.

Settlement Extension. In thq qvqnt wq do not rqcqivq Sqttlqmqnt on or bqforq Sqttlqmqnt Cut-off Timq, wq may, without your consqnt, amqnd thq originally agrqqd upon Valuq Datq to thq immqdiatqly subsqquqnt Businqss Day (“Sqttlqmqnt ExtqnsionSettlement Extension”). You shall pay us any Losses incurred incurrqd as a rqsult of a diffqrqncq bqtwqqn thq valuq of thq Transaction on thq originally agrqqd upon Valuq Datq and thq prqvailing markqt ratq on thq subsqquqnt Businqss Day.