Customer Physical Settlement Request definition

Customer Physical Settlement Request means the Physical Settlement Buy Request or Physical Settlement Sell Request, as applicable, specified by a customer of a Participating Bidder in the Customer Physical Settlement Request Letter submitted by such customer and accepted by such Participating Bidder.
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Customer Physical Settlement Request means a Physical Settlement Buy Request or a Physical Settlement Sell Request submitted by a customer of a Participating Bidder to such Participating Bidder and taken into account by such Participating Bidder in the Physical Settlement Request received by the Administrators from such Participating Bidder during the Initial Bidding Period.
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Customer Physical Settlement Request means a firm commitment by a customer submitted by such customer to a Participating Bidder (which may be taken into account by such Participating Bidder in the Physical Settlement Request received by the Administrators from such Participating Bidder during the Initial Bidding Period) to enter as Buyer (i.e., the party that would Deliver Deliverable Obligations) or Seller (i.e., the party that has an obligation to accept Delivery of Deliverable Obligations) into an agreement on terms equivalent to the Representative Auction- Settled Transaction for which the Floating Rate Payer Calculation Amount is the Quotation Amount (expressed as an amount of commitment of Deliverable Obligations) stated in such Customer Physical Settlement Request.
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Examples of Customer Physical Settlement Request in a sentence

  • A Participating Bidder may elect, in its sole discretion, to accept a Customer Physical Settlement Request that is larger than (or on the opposite side of the market as) the relevant customer's Dealer-Specific Market Position with respect to such Participating Bidder and/or the Affiliates of such Participating Bidder.

  • We acknowledge and agree that the acceptance of this Customer Physical Settlement Request is contingent on satisfaction of your internal credit approvals.

  • Each Customer Physical Settlement Request submitted to a Participating Bidder must be, to the best of the relevant customer's knowledge and belief, on the same side of the market as, and (when aggregated with all other Customer Physical Settlement Requests, if any, submitted by such customer and/or the Affiliates of such customer to one or more other Participating Bidders) not in excess of, such customer's Market Position.

  • In the event of the occurrence of a Currency Rate Delayed Auction Date, each previously submitted Customer Physical Settlement Request and Dealer Physical Settlement Request shall be deemed to be revoked and must be re-submitted pursuant to Section 3 or 4, as applicable, of these Credit Derivatives Auction Settlement Terms as if the Auction had originally been scheduled to take place on the relevant Currency Rate Delayed Auction Date.

  • A Participating Bidder may, but is not required to, accept a Customer Physical Settlement Request larger than the relevant customer's Dealer-Specific Market Position in respect of such Participating Bidder and/or its affiliates.

  • Hence companies strive to reduce its working capital cycle by collecting receivables quicker while stretching accounts payable.

  • Each Participating Bidder must accept Customer Physical Settlement Requests from any customer with whom it has a trading relationship, provided that such Customer Physical Settlement Request is no larger than, and is in the same direction as, such customer's Dealer-Specific Market Position with respect to that Participating Bidder and/or its affiliates (in aggregate).

  • A Participating Bidder may, but is not required to, accept a Customer Physical Settlement Request larger than the relevant customer’s Dealer-Specific Market Position in respect of such Participating Bidder and/or its affiliates.

  • Each Customer Physical Settlement Request submitted to a Participating Bidder must be, to the best of the relevant customer’s knowledge and belief, in the same direction as, and (when aggregated with all other Customer Physical Settlement Requests, if any, submitted by such customer to one or more other Participating Bidders) not in excess of, its Market Position.

  • Any customer that wishes to submit a Customer Physical Settlement Request to a Participating Bidder must submit a valid Customer Physical Settlement Request Letter to the relevant Participating Bidder no later than 5:00 p.m. New York time on the Business Day prior to the Final Price Determination Date.


More Definitions of Customer Physical Settlement Request

Customer Physical Settlement Request means a submission from a customer of a Participating Bidder to such Participating Bidder (which is accepted by such Participating Bidder) consisting of a firm commitment by such customer to enter, as Buyer (i.e., the party that would Deliver Deliverable Obligations) or as Seller (i.e., the party that has an obligation to accept Delivery of Deliverable Obligations), as applicable, into an agreement on terms equivalent to the Representative Auction- Settled Transaction for which the Floating Rate Payer Calculation Amount is the Quotation Amount (expressed as an amount of commitment of Deliverable Obligations) stated in such Customer Physical Settlement Request.
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Customer Physical Settlement Request means a Physical Settlement Buy Request or a Physical Settlement Sell Request submitted by a Participating Bidder on behalf of a customer and received by the Administrators during the Initial Bidding Period.
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Customer Physical Settlement Request means a Physical Settlement Buy Request or Physical Settlement Sell Request, as applicable, submitted by a customer of a Participating Bidder to such Participating Bidder and accepted by such Participating Bidder.
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Related to Customer Physical Settlement Request

  • Physical Settlement Date means the date (which may occur after the Scheduled Maturity Date) specified as such in the Intended Physical Settlement Notice falling 10 Business Days after the date of the Intended Physical Settlement Notice.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Purchase Contract Settlement Date means [ ].

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • House dust mite product means a product whose label, packaging, or accompanying literature states that the product is suitable for use against house dust mites, but does not indicate that the product is suitable for use against ants, cockroaches, or other household crawling arthropods.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • NERC Interchange Distribution Calculator means the NERC mechanism that is in effect and being used to calculate the distribution of energy, over specific transmission interfaces, from energy transactions.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

  • Monthly Settlement Date means the 20th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Gross Settlement Amount means Two Hundred Forty Thousand Dollars and Zero Cents ($240,000.00) which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Settlement Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and the Administration Expenses.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • Relevant Settlement Method In respect of any Option:

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request:

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Individual Settlement Payment means the amount payable from the Net