Order Date definition
Examples of Order Date in a sentence
When using such an early Order Cutoff Time, the Order Date shall be the business day following the date the Order is received by BRIL prior to the Order Cutoff Time on a Business Day.
Authorized Participants wishing to redeem one or more Baskets (whether as principal or on an agency basis on behalf of an Authorized Participant Client) shall place a Redemption Order with BRIL on any Business Day; provided, however, that only Redemption Orders received by BRIL prior to the Order Cutoff Time on a Business Day shall have such Business Day as the Order Date unless there is an early Order Cutoff Time on the business day prior to the trade date.
Authorized Participants wishing to acquire from the Administrative Trustee one or more Baskets (whether on its own behalf, or acting as agent for an Authorized Participant Client) shall place a Purchase Order with BRIL on any Business Day; provided, however, that only Purchase Orders received by BRIL prior to the Order Cutoff Time on a Business Day shall have such Business Day as the Order Date unless there is an early Order Cutoff Time on the business day prior to the trade date.