Examples of FX Settlement Date in a sentence
The Vendor shall instead use reasonable efforts (in consultation with the Issuer and the Noteholder Representative) to either (i) make delivery of the Replacement Collateral Component to the Issuer as soon as practical or permissible following the Replacement Collateral Component Settlement Date or (ii) arrange for the realisation of the Replacement Collateral Component Settlement Date and payment of the realisation proceeds, converted into USD, to the Account of the Issuer on the FX Settlement Date.
Tenors The FX Settlement Date originally specified must fall not later than the day which is expected (as at the Trade Date) to be the last Settlement Business Day falling within the period of two calendar years beginning on the FX Settlement Date which would standardly apply in the market to a non-deliverable FX "spot" transaction entered into on the Trade Date.
Transaction Registration Hours Transactions may be submitted for clearing at any time during the Clearing House's normal operating hours up until one (1) Business Day prior to the applicable FX Settlement Date, subject to exceptions for currency and other holidays, in accordance with the Rules and Procedures of the Clearing House.
In accordance with the Finance Procedures and Part 3 of the Rules, in relation to the settlement of an FX Contract, the FX Mark-to-Market Margin repayable on settlement of such FX Contract shall be offset against the Settlement Currency Amount payable on settlement of such FX Contract (provided that each such payment is then payable by a different party to the FX Contract) and only the balance after such set-off shall remain payable on the FX Settlement Date of such FX Contract.
Any such amendments shall apply both to new Financially-Settled FX Contracts arising pursuant to Clearing after the date of the amendment and to existing Financially-Settled FX Contracts, with the result that all Financially-Settled FX Contracts for a particular Currency Pair Series having the same specified FX Settlement Date will have identical terms (other than for Trade Date, parties, Reference Currency Notional Amount, Notional Amount and Forward Rate).
The term " FX Clearing Cut-Off Time", in respect of a Financially-Settled FX Contract, means 10:30 p.m. on the Business Day immediately preceding the scheduled FX Settlement Date or such other time as the Clearing House may specify in a Circular (if applicable generally) or in writing to a Clearing Member or Sponsored Principal (if applicable only in connection with certain FX Trade Particulars).
Rule 1705 Settlement of Financially-Settled FX Contracts (a)Either: (i) (ii) the Reference Currency Buyer shall be liable to pay the amount due under any Financially-Settled FX Contract to the Reference Currency Seller; or the Reference Currency Seller shall be liable to pay the amount due under the Financially-Settled FX Contract to the Reference Currency Buyer, as required under the Contract Terms, on the FX Settlement Date, in accordance with Parts 3 and 5 of the Rules and the Finance Procedures.
The term " FX Clearing Cut-Off Time", in respect of a Financially-Settled FX Contract, means 10:30p.m. on the Business Day immediately preceding the scheduled FX Settlement Date or such other time as the Clearing House may specify in a Circular (if applicable generally) or in writing to a Clearing Member (if applicable only in connection with a particular FX Transaction or FX Transactions).
Notwithstanding the foregoing, where an Event Determination Date occurs at any time during the period from (and including) the FX Settlement Date up to (but excluding) the FX Reset Redemption Date, FX Reset Redemption shall not apply and the Notes shall instead be subject to redemption in accordance with Additional Provision 3.4 (Redemption following a Credit Event and Additional Amount Payments).