Funding Cut-Off Time definition

Funding Cut-Off Time means, with reference to a Transaction requiring UBS to settle or fund in a particular currency on a particular settlement date, the “Cut-off time” for such currency, as applicable, as specified on UBS Webpage, as amended from time to time by UBS with or without prior notice to Customer.
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Examples of Funding Cut-Off Time in a sentence

  • In reference to a particular Transaction, “Matched Status” means, (A) UBS shall have received, prior to the Funding Cut-Off Time, matching notices of the trade details of such Transaction from Customer and from Permitted Dealer and (B) UBS shall have internally confirmed that such Transaction meets the criteria of an Authorized Transaction.

  • If the sole reason for a Transaction failing to achieve Matched Status is as a result of Permitted Dealer or Customer not giving notice of applicable trade details to UBS prior to the Funding Cut-Off Time applicable to such Transaction (a “Late Notice Transaction”) UBS may, in its sole discretion, grant Exceptional Acceptance if it is reasonably satisfied that Customer will pay to UBS an amount to cover any Losses associated with such Late Notice Transaction.

Related to Funding Cut-Off Time

  • Order Cut-Off Time means 10:00 a.m., New York time, on a Business Day.

  • Cut-Off Time / “Business Hours” means the day time for dealing in Units of the Fund. The current Cut-Off Timing/Business Hours are mentioned in Annexure “B” of this Offering Document.

  • Initial Cut-Off Date With respect to any Initial Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) March 1, 2006. Initial Cut-off Date Pool Principal Balance: $517,241,872.77.

  • Additional Cut-Off Date means, with respect to the Additional Accounts designated hereby, __________, ____.

  • Rate Cut-Off Date means the second U.S. Government Securities Business Day prior to a redemption date or the Maturity Date.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Notice Cut-off Date means the date specified as such in the Trigger Event Notice, which date shall be at least 20 Business Days following the Conversion Date;

  • Subsequent Cut-off Date With respect to those Subsequent Mortgage Loans sold to the Trust Fund pursuant to a Subsequent Transfer Instrument, the later of (i) first day of the month in which the related Subsequent Transfer Date occurs or (ii) the date of origination of such Mortgage Loan.

  • Order Cutoff Time means, with respect to any Business Day, (i) 4:00 p.m. (New York time) on such Business Day or (ii) another time agreed to by the Sponsor and the Trustee and of which Registered Owners and all existing Authorized Participants have been notified by the Trustee.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Cut-Off Date: July 1, 2006. Final Structure Due Date: July 11, 2006. Delivery of Final Prospectus (if the final structure is not delivered to the Depositor by the Final Structure Due Date): Final Structure Delivered to the Delivery of Final Prospectus to Depositor Underwriter --------------------------------- ------------------------------- By July 17, 2006: One Business Day before Closing Date. By July 20, 2006: Closing Date. By July 21, 2006 or later: As determined by the Depositor, possible change of Closing Date.

  • Addition Cut-Off Date means, with respect to the Additional Accounts designated hereby, .

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Series Cut-Off Date means the date designated as such in the Series Term Sheet.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Cutoff Time means a time on a Business Day by which a transfer of cash, securities or other property must be made by Borrower or Lender to the other, as shall be agreed by Borrower and Lender in Schedule B or otherwise orally or in writing or, in the absence of any such agreement, as shall be determined in accordance with market practice.

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.