Net Settle definition

Net Settle means the difference between (i) the total value of buy and sell transactions undertaken on behalf of the Client in any-one trading day.
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Net Settle means the difference between (i) the total value of buy and sell transactions undertaken on behalf of the Client in any-one trading day. “NFE” under CRS – means Non-Reporting Financial Institution which is an Entity that is not a Financial Institution. NFEs are then split into Passive NFEs or Active NFEs. “NPFFI” under FATCA - Non-Participating Foreign Financial Institution- means a FFI that does not enter into an Agreement with the IRS and is subject to withholding under FATCA.
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Examples of Net Settle in a sentence

  • Such trading limit will be the maximum Net Settle amount that the Client will be allowed to accrue in respect of such market.

  • If any fraction of a share of Common Stock would be issuable upon the exercise of to the Cash Exercise Stakeholder Warrants or the Net Settle Stakeholder Warrants, as applicable, the total number of shares of Common Stock to be issued to the relevant Holder shall be rounded down to the nearest Whole Number and no cash or other adjustment will be made in lieu of the fraction of a share so rounded down.

  • The Client and GTN ME agree to settle executions based on Net Settle for each day and agree to settle each other on or before the specified settlement date of the exchange.

  • The number of full shares of Common Stock that shall be issuable upon an exercise of the Cash Exercise Stakeholder Warrants or Net Settle Stakeholder Warrants, as applicable, by a Holder at any time shall be computed on the basis of the aggregate number of shares of Common Stock which may be purchased pursuant to the Cash Exercise Stakeholder Warrants or the Net Settle Stakeholder Warrants, as applicable, being exercised by that Holder pursuant to any one Exercise Notice.

  • To the extent the Company is no longer required to keep the Shelf Registration Statement effective because all Cash Exercise Stakeholder Warrants have been exercised or the Cash Exercise Warrant Expiration Date has passed, it shall use commercially reasonable efforts to permit the Net Settle Stakeholder Warrants to be exercised pursuant to the exemption from the registration provisions of the Securities Act contained in Section 3(a)(9) of the Securities Act.

  • Net Settle – difference between total value of buy transactions and sell transactions during the day.

  • The Net Settle Stakeholder Warrants may only be exercised on a cashless basis.

  • The Client agrees and acknowledges that delayed payment of any amounts due to GTN ME under or in connection with any Buy Settle or Net Settle shall render the Client liable to reimburse GTN ME for the cost of funds that GTN ME has incurred for the trade that GTN ME was required to settle on behalf of the Client.

  • To the extent ESOS option holders exercise (or Net Settle) immediately after the Effective Date or at a later date they shall be offered the opportunity to sell the resulting BPP Shares to Apollo immediately following exercise.

  • The Client agrees and acknowledges that delayed payment of any amounts due to GTN ME under or in connection with any Buy Settle or Net Settle shall render the Client liable for penal interest.

Related to Net Settle

  • Net Settlement Fund means the Settlement Fund less: (i) any Taxes;

  • 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.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Relevant Settlement Method In respect of any Option: