MTM Settlement Date definition

MTM Settlement Date means for each Financially Settled Futures Transaction, the second Business Day following the date the applicable Mark-to-Market Settlement Amount (as set forth in Schedule “E”) has been determined (unless such MTM Settlement Date falls on a Recognized Banking Holiday, in which case the MTM Settlement Date shall be the next Business Day after the Recognized Banking Holiday), other than Invoices issued as a result of a Financially Settled Futures Party’s Default or under the Close-out Procedure which amounts require payment immediately;

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MTM Settlement Date means for each Financially Settled Futures Transaction, the second Business Day following the date the applicable Mark-to-Market Settlement Amount (as set out in Schedule E) has been determined (unless such MTM Settlement Date falls on a Recognized Banking Holiday, in which case the MTM Settlement Date shall be the next Business Day after the Recognized Banking Holiday), other than for amounts declared immediately due and payable under Article 5 of the Terms and Conditions;

MTM Settlement Date means for each Financially Settled Futures Transaction, the second Business Day following the date the applicable Mark-to-Market Settlement Amount (as set forth in Schedule “E”) has been determined (unless such MTM Settlement Date falls on a Recognized

More Definitions of MTM Settlement Date

MTM Settlement Date means for each Financially Settled Futures Transaction, the second Business Day following the date the applicable Mark-to-Market Settlement Amount (as set forth in

MTM Settlement Date means for each Financially Settled Futures Transaction, the second Business Day following the date the applicable Mark-to-Market Settlement Amount (as set out in Schedule E) has been determined (unless such MTM Settlement Date falls on a Recognized Banking Holiday, in which case the MTM Settlement Date shall be the next Business Day after the Recognized Banking Holiday), other than for amounts declared immediately due and payable under Article 5;