Transaction Dates Clause Samples
The Transaction Dates clause defines the specific dates relevant to the execution and completion of a transaction. It typically outlines key milestones such as the effective date, closing date, and any deadlines for performance or delivery. By clearly specifying these dates, the clause ensures all parties are aware of their obligations and timelines, thereby reducing the risk of misunderstandings or disputes related to timing.
Transaction Dates. All securities transactions are reflected on a trade date basis. Settlement of trades will normally occur in two (2) business days unless stated differently on your trade confirmation. Title to securities sold to you where Stifel has acted as principal shall remain with Stifel until the entire purchase price is received or until the settlement date, whichever is later.
Transaction Dates. Signing Date, Effective Date, Drop Down Legal Effective Date, Scheduled Closing Date, Closing Date and Closing Accounts Date shall each have the following meaning in this Agreement:
9.1 Signing Date (Unterzeichnungsstichtag) shall be June 3, 2010.
9.2 Effective Date shall be December 31, 2009, 24:00 hrs./January 1, 2010, 0:00 hrs.
9.3 Drop Down Legal Effective Date shall be March 1, 2010.
9.4 Scheduled Closing Date (vereinbarter Vollzugszeitpunkt) shall be June 3, 2010.
9.5 Closing Date (Vollzugszeitpunkt) shall be the day, 24:00 hrs, in which all and not only some of the Closing Events (as defined below) have taken place.
9.6 Closing Accounts Date (Abgrenzungsbilanzstichtag) shall be May 31, 2010, 24:00 hrs.