Daily Cut-off definition

Daily Cut-off means 5.00pm New York time or such other time selected on each Business Day by LANCE BANK (from time to time) after which any Contract entered into on that day will be deemed to have as its Trade Date the next Business Day.
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Examples of Daily Cut-off in a sentence

  • Payments scheduled prior to Daily Cutoff Time Monday through Friday will be processed the same day.

  • Payments scheduled after Daily Cutoff processing or on a weekend or Federal Holiday will be processed on the first Banking day thereafter.

  • Payment Date" is the day the payment will be processed by us, if scheduled prior to Daily Cutoff Time.

  • For purposes of Currency Forex trading, Daily Cutoff shall mean the time selected each Business Day by PFG after which any Transaction entered into will be considered to have as its trade date the next Business Day.

  • The Daily Cutoff will occur at a time selected solely by PFG and may vary from day to day.

  • Payments scheduled after Daily Cutoff processing or on a weekend or Federal Holiday will be processed on the first banking day thereafter.

  • Payments scheduled for the current day may be cancelled or edited by you online without charge up to the Daily Cutoff Time for processing.