Net Daily Settlement Amount definition

Net Daily Settlement Amount means, with respect to Designated Transactions entered into by an Agent for any Settlement Date, the aggregate amount owed by the Dealer to JPMC calculated by JPMC as follows:
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Net Daily Settlement Amount means for any Settlement Date, the sum of the Dollar Countervalue for each currency for which the aggregate Dollar Countervalue results in a net amount owed to DBAG by Counterparty, as calculated after giving effect to any applicable novation or settlement netting provisions in any applicable master agreement between DBAG and the Counterparty (the “Counterparty Master Agreements”).
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Net Daily Settlement Amount means, with respect to Give-Up Transactions executed by Advisor on behalf of Customer with an Executing Dealer, and for any settlement date, the sum of the Dollar Value for each currency for which the aggregate Dollar Value would result in a net amount owed to Morgan Stanley by such Executing Dealer with respect to such Give -Xx Xxxnxxxxxxxs.
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Examples of Net Daily Settlement Amount in a sentence

  • With respect to the Specified Counterparty Transactions for each Agent, this authority is expressly limited to a Net Daily Settlement Amount equal to the Settlement Limit specified in the applicable Notice (or its equivalent in any other currency) (the “Settlement Limit”) and a Counterparty Net Open Position equal to the Maximum Counterparty Net Open Position specified in the applicable Notice (or its equivalent in any other currency) (the “Maximum Counterparty Net Open Position”).

  • This authority is expressly limited to a Net Daily Settlement Amount (as defined in the applicable Master Counterparty Agreement) not exceeding the Settlement Limit specified in the applicable Notice (or its equivalent in any other currency) (the “Settlement Limit”) and a Counterparty Net Open Position (as defined in the applicable Master Counterparty Agreement) not exceeding the Maximum Counterparty Net Open Position specified in the applicable Notice (or its equivalent in any other currency).

  • Morgan Sxxxxxx, xxxx xime to time and in its sole discretion, will xxxxxxixx xxx maximum permissible Net Open Position and the Net Daily Settlement Amount that may exist as of any given time with respect to the aggregate of all Customer FX Transactions with each Executing Dealer that are outstanding as of such time and will notify Advisor of such limits as soon as reasonably practicable.

  • Morgxx Xxxnxxx, xxom time to time and in its sole discretion, will establish the maximum permissible Net Open Position and the Net Daily Settlement Amount that may exist as of any given time with respect to the aggregate of all Customer FX Transactions with each Executing Dealer that are outstanding as of such time and will notify Advisor of such limits as soon as reasonably practicable.

  • Morgan Xxxxxxy, xxxx time to time and in its sole discretion, will xxxxxxixx xxx maximum permissible Net Open Position and the Net Daily Settlement Amount that may exist as of any given time with respect to the aggregate of all Customer Currency Option Transactions with each Executing Dealer that are outstanding as of such time and will notify Advisor of such limits as soon as reasonably practicable.

  • Morgxx Xxxnxxx, xxom time to time and in its sole discretion, will establish the maximum permissible Net Open Position and the Net Daily Settlement Amount that may exist as of any given time with respect to the aggregate of all Customer Currency Option Transactions with each Executing Dealer that are outstanding as of such time and will notify Advisor of such limits as soon as reasonably practicable.


More Definitions of Net Daily Settlement Amount

Net Daily Settlement Amount means, with respect to Counterparty Transactions executed by a Designated Party for any Settlement Date, the sum of the Dollar Value for each currency for which the aggregate Dollar Value results in a net amount owed to Prime Broker by Dealer with respect to such Counterparty Transactions, excluding any option premia that may be owed to Prime Broker and assuming (i) in respect of Counterparty Option Transactions, the exercise thereof on the Expiration Date and (ii) in respect of Counterparty FX Transactions that are Non-Deliverable, the actual exchange of the amounts of the relevant currencies.
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Net Daily Settlement Amount means, with respect to Give-Up Transactions executed by Advisor on behalf of Customer with an Executing Dealer for any settlement date, the aggregate amount owed by such Executing Dealer to Morgxx Xxxnxxx (xxcluding Netted Currency Option Transactions) calculated by Morgxx Xxxnxxx xx follows: (a) for each such Give –Up Transaction (excluding any option premia that may be owed to Morgxx Xxxnxxx xxx assuming the exercise of any Give-Up Transaction on its expiration date), determine the Dollar Value for each currency (including USD) owed by such Executing Dealer to Morgxx Xxxnxxx xx owed by Morgxx Xxxnxxx xx such Executing Dealer under such Give-Up Transaction; (b) for each currency (including USD), determine the net Dollar Value amount owed by such Executing Dealer to Morgxx Xxxnxxx xx owed by Morgxx Xxxnxxx xx such Executing Dealer by summing the Dollar Value of all long and short positions in such currency as determined pursuant to clause (a) above; and (c) aggregate the Dollar Value(s) for all currencies determined pursuant to clause (b) in respect of which such Executing Dealer owes a net aggregate amount to Morgxx Xxxnxxx.
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Net Daily Settlement Amount means for any Settlement Date, the sum of the Dollar Countervalue for each currency for which the aggregate Dollar Countervalue results in a net amount owed to DBAG by Counterparty, as calculated after giving effect to any applicable novation or settlement netting provisions in any applicable master agreement between DBAG and the Counterparty (the “Counterparty Master Agreements”). “Counterparty Net Open Position” or “Give Up Net Open Position” means, with respect to a Counterparty or a Give Up Party, as the case may be, the aggregate amount owed by such Counterparty or Give Up Party to DBAG, calculated as follows:
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Net Daily Settlement Amount means with respect to Specified Counterparty Transactions executed by an Agent for any Settlement Date, the sum of the Dollar’ Countervalue for each Currency for which the aggregate Dollar Countervalue results in a net amount owed to DBAG by Counterparty with respect to such Transactions, as calculated after giving effect to lli1y applicable novation or settlement netting provisions in any applicable master agreement between DBAG and the Counterparty. “Counterparty Net Open Position” melli1S the aggregate amount owed by Counterparty to DBAG with respect to Specified Counterparty Transactions executed by an Agent, calculated as follows: (A) for each FX Transaction executed by such Agent, determine the Dollar Countervalue for each currency (including U.S. Dollars) owed by Counterparty to DBAG or owed by DBAG to Counterparty under such FX Transaction; (B) for each currency (including U.S. Dollars), determine the net Dollar Countervalue amount owed by Counterparty to DBAG or owed by DBAG to Counterparty by summing the Dollar Countervalue of all long and short positions in such currency as determined in clause (A) above; (C) for each Option purchased or sold by the Counterparty in a Transaction executed by such Agent, determine the Dollar’ Countervalue of the foreign exchange delta equivalent of such Option; (D) determine the difference of (i) the sum of the Dollar Countervalue amounts determined pursuant to clause (C), minus (ii) the sum of the Dollar Countervalues of the foreign exchange delta equivalents of Netted Options; and (E) aggregate (i) the Dollar Counttervalue amounts determined pursuant to clause (B) above for each currency with respect to which Counterparty owes a net aggregate amount to DBAG and (ii) the Dollar Countervalue amount determined pursuant to clause (D) above. “Dollar Countervalue” melli1S, with respect to an amount of currency at any time (i) if such currency is U.S. Dollars, such amount and (ii) in all other cases, the lli1l0Wlt of U.S. dollars which could be purchased at the market rate prevailing at such time against delivery of such amount of currency on a specified Settlement Date. Such rate shall be determined by DBAG (in good faith and in a commercially reasonable manner) to be the market rate available to
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Net Daily Settlement Amount means with respect to Specified Counterparty Transactions executed by an Agent for any Settlement Date, the sum of the Dollar’ Countervalue for each Currency for which the aggregate Dollar Countervalue results in a net amount owed to DBAG by Counterparty with respect to such Transactions, as calculated after giving effect to lli1y applicable novation or settlement netting provisions in any applicable master agreement between DBAG and the Counterparty. “Counterparty Net Open Position” melli1S the aggregate amount owed by Counterparty to DBAG with respect to Specified Counterparty Transactions executed by an Agent, calculated as follows:
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Related to Net Daily Settlement Amount

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Early Settlement Rate has the meaning specified in Section 5.9(b).

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Mandatory Settlement Date means the earliest of:

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).