Financial Settlement definition

Financial Settlement means the exchange of value between Financial Institutions facilitated by an ELNO System in accordance with the Financial Settlement Schedule.
Financial Settlement means the exchange of funds between the ESA(s) of the relevant Financial Institutions or their Financial Settlement Agent(s) facilitated by the XXXX System as part of settlement of a Conveyancing Transaction.
Financial Settlement is specified as applying in Section A of Part I (Individual Terms):

Examples of Financial Settlement in a sentence

  • At the time the agenda was published the Provisional Local Government Financial Settlement had not been announced and is not expected until late December 2016.

  • XXXX will initiate Financial Settlement in accordance with the details contained in that Final Settlement Schedule.

  • The Government limits Council Tax increases by requiring councils to hold a local referendum for any increases in excess of a threshold percentage which is normally included in the Local Government Financial Settlement.

  • This will be the point at which a Financial Settlement is to be treated as having been contractually completed and relevant funds will be taken to have been received by the intended final payee(s) nominated in the Final Settlement Schedule.

  • Electronic Settlement is taken to occur when Financial Settlement is effected, whether or not Electronic Lodgement has occurred.


More Definitions of Financial Settlement

Financial Settlement means the exchange of value between Financial Institutions facilitated by an ELNO System in accordance with the Financial Settlement Schedule;
Financial Settlement means the exchange of value between Financial Institutions in accordance with the Financial Settlement Schedule. Financial Settlement Schedule means the electronic settlement schedule within the Electronic Workspace listing the source accounts and destination accounts. XXXX means the system operated by Property Exchange Australia Ltd for settlement of conveyancing transactions and lodgement of Land Registry documents.
Financial Settlement means the exchange of value between Financial Institutions in accordance with the Financial Settlement Schedule. DRAFT
Financial Settlement has the meaning set forth in Section 5.7(h).
Financial Settlement means the act of creating the invoicing documents per bidding zone and/or TSO on redispatching and countertrading costs and revenues. Financial Settlement ends with the completion of invoicing;
Financial Settlement means the exchange of value between Financial Institutions in accordance with the Financial Settlement Schedule. Financial Settlement Schedule means the electronic settlement schedule within the Electronic Workspace listing the source accounts and destination accounts. XXXX means the system operated by Property Exchange Australia Ltd for settlement of conveyancing transactions and lodgement of Land Registry documents. Qualifying Conveyancing Transaction means a transaction that is not excluded for Electronic Settlement by the rules issued by XXXX, Office of State Revenue, Land Registry, or a Financial Institution involved in the transaction. ANNEXURE “A” SPECIAL CONDITIONS - 'THE PADDOCK' ANNEXURE “A” SPECIAL CONDITIONS – ‘THE PADDOCK’
Financial Settlement is specified as applying in Section A of Part I (Individual Terms): (i) where the quantity of electricity actually generated exceeds the Contract Quantity, in the course of the calendar month following a Delivery Period, but not before the Price Differential Calculation Date, an invoice setting out the product of the Price Differential and the quantity of electricity actually generated during such Delivery Period, and, to the extent that Certificates have been Delivered, the product of the Certificate Contract Price and the quantity of electricity actually delivered to the Buyer; or (b) si en la Sección A de la Parte I (Disposiciones Particulares) se especifica "Liquidación por Diferencias": (i) cuando la cantidad de electricidad efectivamente generada sea superior a la Cantidad, durante el mes natural siguiente a un Período de Entrega, pero no antes de la Fecha de Cálculo del Diferencial de Precios, una factura en la que se indique el producto del Diferencial de Precio y la cantidad de electricidad efectivamente generada durante dicho Período de Entrega y, en la medida en que se hayan Entregado los Certificados, el producto del Precio de Certificado y la cantidad de electricidad efectivamente entregada al Comprador; o