Netting Cut Off Time definition

Netting Cut Off Time. – means, with respect to a Business Day and a Clearing Member, a time specified in the Operations Manual on such Business Day for purposes of determining, in respect of such Clearing Member, all net payment and delivery obligations owing by or to such Clearing Member in accordance with these Rules on such Business Day.
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Netting Cut Off Time. – means, with respect to a Business Day and a Fixed Income Clearing Member, the time specified in the Operations Manual on such Business Day for purposes of determining, in respect of such Fixed Income Clearing Member, the Net Securities Transfer Requirement, the Net Securities Reversal Requirement, the Net Funds Transfer Requirement, the Net Funds Reversal Requirement, the Net Delivery Obligation and the Net Payment Obligation.
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Netting Cut Off Time. – means, with respect to a Business Day and a Clearing Member, a time specified in the Operations Manual on such Business Day for purposes of determining, in respect of such
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Examples of Netting Cut Off Time in a sentence

  • TwoTwoFor Transactions other than Same Day Transactions, two settlement records consisting of net settlement instructions will be sent at the first Netting Cut Off Time and at the second Netting Cut Off Time, and any Fixed Income Transaction entered after the second Netting Cut Off Time will be sent to the Central Securities Depository without CDCC performing any pre-settlement netting.

  • A potential added benefit is that leak points or coupling faults in the hose connection could be noticed before loading operations begin.

Related to Netting Cut Off Time

  • 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.

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

  • Cut-Off Times means the relevant point in time during any Banking Day after which any payment, or payment order, received will be deemed to have been received on the next Banking Day.

  • Redemption Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;

  • Subscription Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;

  • Reference Cut-Off Date means the eighth Scheduled Trading Day immediately following the Scheduled Reference Date or, if earlier, the Scheduled Trading Day falling on or immediately preceding the second Business Day immediately preceding the due date on which payment of any amount or delivery of any assets may have to be made pursuant to any calculation or determination made on such Reference Date, provided that the Reference Cut-Off Date shall not fall prior to the original date on which such Reference Date was scheduled to fall.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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, 2005. Initial Cut-off Date Pool Principal Balance: $625,999,339.47.

  • Replacement Cut-Off Date With respect to any Qualified Replacement Mortgage, the first day of the calendar month in which such Qualified Replacement Mortgage is conveyed to the Trust.

  • Connection Date means the date when the Carrier having received the relevant information from the Company is in a position to and has agreed to commence provision of the Fixed Network Services to the Customer;

  • Cut-off Date With respect to each Original Mortgage Loan, December 1, 1998. With respect to all Qualified Substitute Mortgage Loans, their respective dates of substitution. References herein to the "Cut-off Date," when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.

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

  • Additional Cut-Off Date means (a) with respect to Lump Addition Accounts or Participation Interests, the date specified as such in the notice delivered with respect thereto pursuant to Section 2.09(d) and (b) with respect to New Accounts, the date on which such New Accounts are originated.

  • Notice Cut-off Date means the date specified as such in the Conversion Shares Settlement Request Notice, which date shall be at least forty (40) Business Days following the Suspension Date.

  • 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.

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

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

  • Monthly Settlement Date means the 20th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • SOFR Rate Cut-Off Date means the date that is the second U.S. Government Securities Business Day prior to the Interest Payment Date in respect of the relevant Interest Accrual Period or such other date specified in the Final Terms;

  • Recovery Time means additional time incorporated in the Working Timetable to allow a train to regain time lost in delay during an earlier part of its journey;

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

  • Remittance Date With respect to each Distribution Date, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of the month in which such Distribution Date occurs.

  • Interchange means the electronic exchange of Data between the Parties using the Adopted Protocol;