Final Settlement Price definition

Final Settlement Price means the price for each Contract supplied by the Exchange to the Clearing House as the final Settlement Price for the Expiry as specified in the Contract Specifications.

Final Settlement Price means the Settlement Price calculated in accordance with the best information available to the Parties during the one hundred twenty (120) day period after Closing, as reflected on the Final Statement agreed upon pursuant to Article XIII.

Final Settlement Price means, subject to adjustment and/or correction as provided in paragraph 3, 4 and 5 of this Part C below and subject as provided in the definition of "ETC Valuation Date" above, the exercise-settlement value (being the CBOE S&P 500 Index Settlement Value) published by the ETC Exchange which is used to determine the official settlement price (however described under the rules of the ETC Exchange or its clearing house) of the Exchange-traded Contract on the ETC Valuation Date, as determined by the Calculation Agent.

Examples of Final Settlement Price in a sentence

• After agreement upon a Final Statement setting forth the Final Settlement Price, the difference between such Final Settlement Price and the Closing Settlement Price paid at Closing shall be paid within five (5) Business Days thereafter by the Party owing the same.

• After agreement upon a Final Settlement Price setting forth the amount by which the Base Purchase Price shall be adjusted (either upward or downward) has been reached, the amount due shall be paid within five (5) business days thereafter by the party owing the same by confirmed wire transfer to a bank account or accounts to be designated by the appropriate party.

• In the event that Seller submits a response, the parties shall exercise all reasonable efforts to agree upon a mutually acceptable Final Settlement Price and the calculation of the amount, if any, due in connection therewith not later than 150 calendar days after the Closing (herein called the “Final Settlement Date”).

• As soon as practicable after the Closing Date, but in no event later than one hundred twenty (120) days thereafter, Buyer shall prepare and submit to Seller a draft Final Statement, which shall show the calculation of the adjusted Final Settlement Price, based upon the best information then available.

• In the event no response is made by Seller within such 15-day period, it shall be conclusively presumed that the selling parties concur with the Final Statement, and such Final Statement shall be the basis for the Final Settlement Price.

More Definitions of Final Settlement Price

Final Settlement Price means (i) the SX5E Final Settlement Price and (ii) the SPX Final Settlement Price (as applicable).

Final Settlement Price means the price per Unit which the Seller would receive on the Settlement Date in accordance with the agreement between the parties if the Commodity were to be physically delivered.

Final Settlement Price means the official closing price of a Contract calculated for each expiration day, as determined in accordance with Rule 906 and used for all open positions at the close of such day.

Final Settlement Price means the price determined on the last Trading Day to determine payment obligation upon the Contract Performance.

Final Settlement Price means (i) if Averaging is specified as not applicable in the applicable Final Terms, the Settlement Price on the relevant FI Valuation Date or (ii) if Averaging is specified as applicable in the applicable Final Terms, the arithmetic average of the Settlement Prices for all Averaging Dates;

Final Settlement Price means, subject to adjustment and/or correction as provided in paragraph 3, 4 and 5 of this Part C below, the official final settlement price (however described under the rules of the Options Contract Exchange or its clearing house) expressed as a number and not as a monetary amount of the Options Contract as published by the Options Contract Exchange in respect of the Options Valuation Date, as determined by the Calculation Agent. The scheduled date of publication of such official final settlement price of the Options Contract is the Scheduled Options Valuation Date.

Final Settlement Price means, in respect of any Share-Linked Derivatives Contract and any relevant day, the final official settlement price of such Share-Linked Derivatives Contract (howsoever described under the rules of the relevant Derivatives Exchange or its clearing house) for such day published by such DerivativesExchange or its clearing house, divided by the number of units of underlying share to which such Share-Linked Derivatives Contract relates, as determined by the Calculation Agent.