Same Day Settlement definition

Same Day Settlement means interbank settlement taken
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Same Day Settlement or ‘Same Day’ means a transaction booked to Strate on the same day on which Settlement occurs, irrespective of the actual trade date;
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Same Day Settlement means a T+3, T+2, T+1, T+n, Account Transfer or Portfolio Movement transaction
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Examples of Same Day Settlement in a sentence

  • The Bank and the Issuer agree to comply with the relevant portions of DTC’s Commercial Paper Issuing and Paying Agent Manual, and the DTC Same Day Settlement System Rules (collectively the “DTC Rules”).

  • If the securities to be delivered are not delivered to Eurex Clearing AG on the tenth business day at the latest after the delivery date as part of the second Same Day Settlement (SDS) conducted by a bank for central depository of securities recognised by Eurex Clearing AG or by the corresponding procedure of a settlement institution, or by the Custodian or Central Securities Depository recognised by Eurex Clearing AG, Eurex Clearing AG shall again attempt to replace the undelivered securities.

  • Same Day Settlement and Payment The indenture will require that payments in respect of the notes represented by the global notes be made by wire transfer of immediately available funds to the accounts specified by holders of the global notes.

  • In Poland, the Company is engaged in oil and gas exploration, appraisal, development and property acquisition activities.

  • If the securities to be delivered are not delivered to Eurex Clearing AG on the tenth4 business day at the latest after the delivery date as part of the second Same Day Settlement (SDS) conducted by a bank for central depository of securities recognized by Eurex Clearing AG, or by the Custodian or Central Securities Depository, or by the corresponding procedure of a settlement institution recognized by Eurex Clearing AG, Eurex Clearing AG shall again attempt to replace the undelivered securities.

  • Thisreplacement purchase shall occur according to Paragraph (4) or via an auction pursuant toParagraph (1) c).If the securities to be delivered are not delivered to Eurex Clearing AG on the 27 th Business Day at the latest after the delivery date as part of the second Same Day Settlement (SDS) conducted by a Settlement Location, Eurex Clearing AG shall again attempt to replace the undelivered securities according to Paragraph (4) or via an auction pursuant to Paragraph (1) c).

  • Any delivery or payment incumbent on the Clearing Member must be made available for settlement on the day of delivery or payment respectively in such a way that the Clearing Member is able to fulfil its obligations vis-à-vis Eurex Clearing AG for the relevant day of performance during the first Same Day Settlement run of the day (“SDS1”) of Clearstream Banking AG.

  • Timme), The Impact of Same Day Settlement on the Variability of the Federal Funds Rate, Winter 1985Robert Eisner, On Keynes and Keynesians and Revolutions, Spring 1977Robert B.

  • Same Day Settlement and Payment The Trust will make or arrange for payments in respect of the Notes represented by the Book-Entry Notes (including principal and interest) by wire transfer of immediately available funds to the accounts specified by the registered holders of the Book-Entry Notes.

  • If a bank agrees to be an Electronic Receiver and also designates the Reserve Bank as its presentment point for Same Day Settlement items, presentment of same day settlement items drawn on that bank occurs when the same day settlement items are physically delivered to the Reserve Bank.

Related to Same Day Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Relevant Settlement Method In respect of any Option:

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

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

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

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Purchase Contract Settlement Date means [ ].

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

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

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

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

  • 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).

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Notice of Settlement means the form attached hereto as Exhibit A.

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • 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.

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.