Physical Delivery Unit definition

Physical Delivery Unit means the number of units of the relevant asset as specified in the Product Terms. Basket Constituents
Sample 1Sample 2Sample 3
Physical Delivery Unit means the number of units of the relevant asset specified in the Specific Terms of the Securities.
Sample 1Sample 2Sample 3

Examples of Physical Delivery Unit in a sentence

  • The number of units of the Underlying or Basket Component or share of an Exchange Traded Fund to be delivered is determined by the Physical Delivery Unit.

  • Furthermore, it is to be noted that the Issuer has the right to pay compensation in lieu of delivery of the Underlying or Basket Component or share of an Exchange Traded Fund, if for any reason whatsoever it is economically or practically difficult or impossible to deliver the Underlying or Basket Component or share of an Exchange Traded Fund or if, in the event of the occurrence of an ETF Reference Price Disruption, it is not possible to determine the Physical Delivery Unit.

  • Where Physical Delivery applies:Each type of Physical Delivery Unit, comprised in a Physical Delivery Amount, will be rounded down to the nearest whole number.

  • Physical Delivery (b) "Physical Delivery Clearing System" means, in respect of a Physical Delivery Unit, the clearing system specified as such in the Product Terms or if none is specified, the principal clearance system customarily used for settling trades insuch Physical Delivery Unit on the Settlement Date, or any successor to such clearance system as determined by the Calculation Agent.

  • A total loss occurs if the Underlying is worthless on the Final Valuation Date.• In the case of Drop-Back Securities, which in accordance with the applicable Final Terms provide for settlement by physical settlement, the following should apply:o On the Settlement Date, the Security Holder receives a number of the Underlying or shares of an Exchange Traded Fund, as set out in the applicable Final Terms, expressed by the Physical Delivery Unit.

  • A total loss occurs if the Underlying is worthless on the Final Val- uation Date.• In the case of Drop-Back Securities, which in accordance with the applicable Final Terms provide for settlement by physical settlement, the following should apply:o On the Settlement Date, the Security Holder receives a number of the Underlying or shares of an Exchange Traded Fund, as set out in the applicable Final Terms, expressed by the Physical Delivery Unit.

  • The Nominal is the maximum amount that the Security Holder may receive as a Settlement Amount.(ii) If the Reference Price is [at or] below the Strike, the Security Holder receives delivery of a certain number of the Underlying expressed by the Physical Delivery Unit.

  • Furthermore, it is to be noted that the Issuerhas the right to pay compensation in lieu of delivery of the Underlying or Basket Component or share of an Exchange Traded Fund, if for any reason whatsoever it is economically or practically difficult or impossible to deliver the Underlying or Basket Component or share of an Exchange Traded Fund or if, in the event of the occurrence of an ETF Reference Price Disruption, it is not possible to determine the Physical Delivery Unit.

Related to Physical Delivery Unit

  • Final Delivery Date means the date the Supplier is entitled to deliver the Products form the Purchaser even if the Products have not been called off as agreed in any Sales Agreement.

  • Initial Delivery Date has the meaning set forth in Section 1.1(d).

  • Locational Deliverability Area or “LDA” shall mean a geographic area within the PJM Region that has limited transmission capability to import capacity to satisfy such area’s reliability requirement, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, and as specified in Reliability Assurance Agreement, Schedule 10.1.

  • Dispatch Notice means a notice delivered by CAISO to Owner’s Scheduling Coordinator on a daily, hourly or real-time basis requesting dispatch of one or more Unit(s) to provide Energy or Ancillary Services under this Agreement. Dispatch Notices include: (a) Day-Ahead Schedules and Real-Time Dispatches where the RMR Unit or Units are flagged as RMR Dispatches as a result of the Market-Power Mitigation and Reliability Requirements Determination processes pursuant to the CAISO Tariff, (b) Manual RMR Dispatch Notices, (c) notices deemed to have been given by CAISO for the Energy actually Delivered by a Unit that starts or increases Energy output as a result of a “system emergency” as defined in the CAISO Tariff whether the start or increase occurs automatically (for Units specified in Section 2 of Schedule A as having the ability to Start-up or ramp automatically) or pursuant to a standing written order of the CAISO, and (d) Test Dispatch Notices given by CAISO under Section 4.9 other than Test Dispatch Notices issued at Owner’s request to test Availability or heat input of the Unit.

  • Delivery into consignee s store or to his site’ means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • Diversion unit means any probation counselor who enters into

  • Electronically transmitted or “electronic transmission” means a communication sent or

  • Exchange Message Record or "EMR" is the standard used for exchange of telecommunications message information between telecommunications providers for billable, non-billable, sample, settlement and study data. EMR format is contained in BR-010-200-010 XXXX Exchange Message Record, a Telcordia document that defines industry standards for exchange message records. "Exchange Service" or "Extended Area Service (EAS)/Local Traffic" means traffic that is originated and terminated within the Local Calling Area as determined by the Commission.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Delivery Day means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and demands by giving notice of the change in the manner provided in this provision.

  • Exchange Message Interface or "EMI" means the format used for exchange of Telecommunications message information among Telecommunications Carriers. It is referenced in the Alliance for Telecommunications Industry Solutions (ATIS) document that defines industry guidelines for the exchange of message records.

  • Service delivery area means the defined geographic area for delivery of program services.

  • Delivery Note means any separate piece of paper of such colour and size as readily to permit of a clear and legible statement being made thereon and actually bearing such a statement of all information required by the Act and these regulations to be furnished in respect of any goods actually being delivered to a purchaser;