Physical Settlement Date means the date specified as such in any Physical Settlement Notice, which shall be not earlier than 10 nor later than 20 Business Days after the date on which the Physical Settlement Notice is given.
Examples of Physical Settlement Date in a sentence
On the Physical Settlement Date, Exchange will not remit any amounts payable from Exchange to the Contracting Party until all amounts payable from the Contracting Party to Exchange have been received by Exchange.
More Definitions of Physical Settlement Date
Physical Settlement Date means, for each Physically Settled Futures Transaction, the day determined by Exchange from time to time in accordance with industry practice for such Physically Settled Futures Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than any Physically Settled Futures Transaction for which an Invoice has been issued as a result of a Default or under the Liquidation Procedure, in which case the Physical Settlement Date will be the date set out in such Invoice;
Physical Settlement Date means where the Notes are to be redeemed by Physical Settlement, the date which is the later of (a) the Maturity Date and (b) the date that falls one Settlement Cycle after the Exchange Business Day following the Valuation Date (the "Notional Sale Date") (or if such day is not a Clearance System Business Day, the next following Clearance System Business Day).
Physical Settlement Date means the last day of the longest Physical Settlement Period following the satisfaction of all applicable Conditions to Settlement. If all Deliverable Obligations specified in the Notice of Physical Settlement are Delivered on or before the Physical Settlement Date, the Physical Settlement Date shall be the date the latter of such Deliverable Obligations is Delivered.
Physical Settlement Date means the date falling no later than five Exchange Business Days after the later of the Expiry Date and the day on which the Warrantholder has satisfied any obligations under the terms and conditions of the Warrants to enable the Issuer to deliver, or procure the delivery of the Physical Settlement Shares to the Warrantholder.
Physical Settlement Date means the last day of the longest Physical Settlement Period following satisfaction of Conditions to Settlement (the "Initial Physical Settlement Date") or such earlier dateas the Calculation Agent may in its absolute discretion determine, provided that, if a Hedge Disruption Event (as determined by the Calculation Agent in its absolute discretion) has occurred on or prior to the Initial Physical Settlement Date, the Physical Settlement Date may be extended to the Extended Physical Settlement Date or the Further Extended Physical Settlement Date, as the case may be, pursuant to Condition CL7(c).