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.
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
Settlement Cycle in respect of an Index, the period of Component Clearance System Business Days following a trade in the Components on the relevant Exchange in which settlement will customarily occur according to the rules of the Exchange (or, if there is more than one Exchange, the longest such 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, 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, in respect of a Share or Index, the period of Settlement Cycle Days following a trade in such Share, the securities underlying such Index on the Exchange in which settlement will customarily occur according to the rules of such exchange (or, in respect of any Multi-exchange Index, the longest such period) and for this purpose "Settlement Cycle Day" means, in relation to a clearing system any day on which such clearing system is (or but for the occurrence of a Settlement Disruption Event would have been) open for acceptance and executions of settlement instructions;
Settlement Cycle means the period of Underlying Clearance System Business Days following a trade in the shares underlying such Index or such Shares, as the case may be, on the Exchange in which settlement will customarily occur according to the rules of such Exchange.