Flex Term definition

Flex Term means the term of a Repo transaction of which (i) the start date for the Front Leg, with independent determination by the contractual parties, is at maximum one year minus one trading day after the day of conclusion of the transaction, and (ii) the end date for the Term Leg, with independent determination by the contractual parties, is at maximum the latest possible end date as specified in Number 3.3. If the end date determined by the contractual parties is identical with a calendar day which is no trading day, the last trading day before the determined calendar day is the end date for the Term Leg.
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Examples of Flex Term in a sentence

  • The interest rate Nexo pays an investor on their invested Eligible Earn Assets is determined by several factors, including the length of the Eligible Earn Assets loan, the type of cryptocurrency loaned, and whether the investor has a Flex Term Investment or a Fixed Term Investment.

  • For a Flex Term Investment, there is no required “holding” time for an investor to lend their Eligible Earn Assets, and these investors are able to withdraw their Eligible Earn Assets at any time subject to the terms and conditions of a Nexo wallet.

  • Interest from an investor’s Eligible Earn Assets is credited to an investor’s EIP savings wallets either at the expiration of the Fixed Term Investment, or daily for a Flex Term Investment.

  • Flex Term gets removed entirely in the event of an over-subscription in the open17 season, and ramp-up is limited to specific areas of production in a way that is not18 commercially viable for producers.93 19 The fact that downstream US refiners currently ship the majority of volumes on the20 Mainline as shippers of record does not provide any justification for this discriminatory21 treatment of producers relative to US refiners.

  • There is no allegation or evidence of direct involvement by Donelli in any constitutional violations.However, Donelli was allegedly apprised of the potential retaliatory actions in Griffin’s grievance.

  • The interest rate Nexo pays an investor on their invested Eligible Earn Assets is determined by several factors, including the type of virtual currency loaned by the investor, whether the investor has a Flex Term Investment or a Fixed Term Investment, the length of the loan term, and whether the investor agrees to accept payment in Nexo’s proprietary NEXO tokens.

  • Children should be trained to think and reason out for themselves and be able to distinguish between right and wrong.

  • The Flex Term Note provides for payments of principal and interest to be deferred and abated if particular power sales are less than specified amounts set out in the Flex Term Note.

  • Flex Term refers to the timing of delivery of 'asynchronous' on-line courses that are currently restricted to special students and in which they may register at any time.

  • Weekend Flex Term fast Track Distance Learning Special Topic classes.

Related to Flex Term

  • Initial Term has the meaning set forth in Section 7.1.

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Renewal Term has the meaning set forth in Section 2.

  • License Term means in respect of each Site, the period for its license to be used by the Access Seeker commencing on the Commencement Date and as stipulated in the respective SLO.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Agreement Period shall have the meaning ascribed thereto in Clause 3.2 of this Agreement.

  • Extension Term means the time period defined in §2.C.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Extended Period As defined in Section 9.04(b).

  • Agreement Term has the meaning set forth in Section 11.1.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Base Term Beginning (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on August 31, 2024.”

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Tail Period has the meaning assigned in Section 4.1.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Policy Term means the term of this Policy as specified in the Schedule;