Settlement Obligations. Notwithstanding anything to the contrary in the IAA, (a) amounts required from you prior to the settlement of Fixed Income Clearing Transactions and (b) debits to your account for settlement obligations in relation to your Fixed Income Clearing Transactions shall be payable or repayable, as the case may be, upon demand by XX Xxxxxx. CMF XXXXXX CAPITAL MASTER FUND L.P. By: Ceres Managed Futures LLC By: /s/ Xxxxxxx X. Xxxx Xxxxxxx X. Xxxx Name and Title: President & Director—Ceres Managed Futures LLC Date: July 12, 2017 FIC-5 (v.2) Form # 0000 JPMS Standard Form 01009 FIC Supplement to IAA (2017-02-15) SUPPLEMENT TO INSTITUTIONAL ACCOUNT AGREEMENT REGARDING PRIME BROKERAGE SERVICES
Settlement Obligations. (a) The Licensee shall ensure timely reconciliation and settlement of its obligations to other Licensees and third parties to safeguard the integrity of the industry.
Settlement Obligations at any time, means the cash and other funds that are treated and referred to as "settlement obligations" in the relevant quarterly financial statements and/or annual financial statements of Holdco at that time; and
Settlement Obligations. 2.1 Within three (3) business days after the Effective Date, the Parties shall file a joint stipulation and proposed order with the arbitrator in the AAA Arbitration to dismiss all claims and counterclaims in the AAA Arbitration with prejudice, and with each side bearing its own fees and costs.
Settlement Obligations. The parties agree as follows:
Settlement Obligations. Each of the Parties shall have the following settlement obligations:
Settlement Obligations. Each party acknowledges and agrees that it is each party’s absolute, unconditional and unassignable obligation, in connection with each securities trade executed through the other party’s ATS, to make and ensure timely delivery of the subject securities and/or funds, in good deliverable form, free and clear of any lien, claim, interest or restriction of any sort, as well as any required remittance of interest, dividend payments. or other distributions. Each Party shall honor this settlement obligation: (i) whether or not such executed trade was made for a principal, or for a third-party account as a broker, agent, trustee or other representative; (ii) whether or not any such third-party account honors its obligations to deliver in a timely manner securities and/or funds, or to remit in a timely manner interest, dividends, or other distributions to either party; (iii) whether or not said trade was executed by an authorized person, or authorized by such party or (iv) whether or not either party wishes to challenge or raise defenses of any nature whatsoever to such transaction. Without limiting the foregoing obligation, in the event that either party does not receive timely delivery of securities and/or funds from a third-party account, or in the event that either party becomes aware that a third party for whom the party is acting or unwilling or unable to settle any transaction, that party shall provide the other party immediate notice thereof, including without limitation, the name and address of the third party. if either party breaches its obligations herein, or otherwise challenges any executed trade made through the System, the other party may, in its sole discretion, promptly disclose to the broker-dealer on the contra side of the transaction, the name of the defaulting or challenging party, as well as such supporting documentation pertaining to the transaction as is available to the party. Either party, in its sole discretion, may also inform its other broker-dealers of such default or challenge, and of the identity of the third party involved in the default. Neither party shall have liability to the other party in connection with such notification.
Settlement Obligations. Notwithstanding anything to the contrary in the IAA, (a) amounts required from you prior to the settlement of Fixed Income Clearing Transactions and (b) debits to your account for settlement obligations in relation to your Fixed Income Clearing Transactions shall be payable or repayable, as the case may be, upon demand by XX Xxxxxx. XXXXX MASTER FUND L.P. By: Ceres Managed Futures LLC By: /s/ Xxxxxxx X. Xxxx Xxxxxxx X. Xxxx Name and Title: President & Director—Ceres Managed Futures LLC Date: July 12, 2017 FIC-5 (v.2) Form # 0000 JPM Standard Form 01009 FIC Supplement to IAA (2017-02-15) SUPPLEMENT TO INSTITUTIONAL ACCOUNT AGREEMENT REGARDING PRIME BROKERAGE SERVICES
Settlement Obligations. Nothing in this Agreement shall be construed to require either Party to enter into or execute a consent decree or other settlement agreement.
Settlement Obligations. Delete the word "and" from paragraph (e) of Section 4.1 of the Note Agreement, and amend and restate paragraph (f) as follows: "(f) Indebtedness under the EPA Promissory Note; and".
