Settlement Cycle definition

Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

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Settlement Cycle means in respect of an Index, the period of Clearing System Business Days following a trade in the securities underlying the Index on the relevant Exchange in which settlement will customarily occur according to the rules of such Exchange (or, in respect of a Multiple Exchange Index, the longest of such period).

Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchangei with respect to the relevant Basket Componenti, during which period settlement will customarily take place according to the rules of such Relevant Exchangei.

Examples of Settlement Cycle in a sentence

Net Share Settlement Date: For any Settlement of any Transaction to which Net Share Settlement is applicable, the date that follows the Valuation Date for such Settlement by one Settlement Cycle.
Net Share Settlement Date: The date that follows the Valuation Date by one Settlement Cycle.
Settlement Date: In respect of an Exercise Date, (i) the settlement date for the Shares or cash to be delivered under the Convertible Notes converted on the corresponding Conversion Date under the terms of the Indenture or (ii) if clause (a) under “Settlement Amount” above applies to such Exercise Date, the date that falls one Settlement Cycle following the end of the applicable Extended Conversion Period.
For any Exercise Date, the date one Settlement Cycle following the final day of the relevant Cash Settlement Averaging Period; provided that the Settlement Date shall not be prior to the Exchange Business Day immediately following the date Counterparty provides the Notice of Delivery Obligation prior to 5:00 P.M., New York City time.
Cash Settlement Payment Date: The date one Settlement Cycle following the last day of the Settlement Valuation Period.

More Definitions of Settlement Cycle

Settlement Cycle means, in respect of a Security, the period of Clearing System Business Days following a trade in the relevant Security on the Exchange in which settlement will customarily occur according to the rules of such Exchange.

Settlement Cycle means the period of Clearing System Business Days following a trade in the Share on the Exchange in which settlement will customarily occur according to the rules of such Exchange.

Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange of the securities that form the basis of the Underlying, during which period settlement will customarily occur according to the rules of such Relevant Exchange.

Settlement Cycle means the period of Clearance System Business Days following a trade in the securities comprised in the relevant Index on the relevant Exchange in which settlement will customarily occur according to the rules of such Exchange (or if there are multiple Exchanges in respect of the Index, the longest such period); and

Settlement Cycle means, with respect to a Basket Componenti, the period of Clearance System Business Days following a transaction on the Relevant Exchangei in the securities that form the basis of the respective Basket Componenti during which settlement will customarily take place according to the rules of the Clearance System.

Settlement Cycle means, in respect of a Security or an Index, the period of Clearing System Business Days following a trade in the relevant Security or the securities underlying such Index, as the case may be, on the Exchange in which settlement will customarily occur according to the rules of such Exchange (or, if there are multiple Exchanges in respect of an Index, the longest such period);

Settlement Cycle means, with respect to a Basket Componenti, the period of Clearance System Business Days following a transaction on the Relevant Exchangei with respect to the relevant Basket Componenti, during which period settlement will customarily take place according to the rules of the Clearance System.