Settlement Days definition

Settlement Days means business days.
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Settlement Days means the Settlement Days set forth on Schedule 1 annexed hereto.
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Settlement Days means any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer System is open which is also a day on which banks in New York City are open for business.
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Examples of Settlement Days in a sentence

  • Unless otherwise specified in the relevant Confirmation Statement, the standard settlement period for subscribing directly to Shares will be no later than 5 Settlement Days following the relevant Dealing Day.

  • Unless otherwise specified in the relevant Confirmation Statement, in the case of redemptions, the Registrar and Transfer Agent will issue instructions for payment or settlement to be effected no later than 5 Settlement Days after the relevant Dealing Day for all Sub-Funds.

  • The Company reserves the right to delay payment for a further 5 Settlement Days, provided such delay is in the interest of the remaining Shareholders.

  • Interest Payment Dates: Each date specified in Column A of Annex 1 hereto, subject in each case to adjustment in accordance with the Modified Following Business Day Convention for which purpose the Relevant Business Days is TARGET Settlement Days without adjustment of interest payable.

  • In these Terms and for the purposes of the Conditions, references to “Business Days” shall (except where specified otherwise) be construed as references to days, which are TARGET Settlement Days, where “TARGET Settlement Day” means any day on which TARGET 2 (the Trans-European Automated Real-Time Gross settlement Express Transfer system) is open.

  • In these Terms and for the purposes of the Conditions, references to “ Business Days” shall (except where specified otherwise) be construed as references to days which are TARGET Settlement Days, where “TARGET Settlement Day” means any day on which TARGET (the Trans-European Automated Real-Time Gross settlement Express Transfer system) is open.

  • There shall be three CCASS Settlement Days between the last trading day of the Warrants and the Expiry Date.

  • Where a transfer of Warrants takes place on the Stock Exchange, currently settlement must be made not later than two CCASS Settlement Days after such transfer.

  • Business Day Jurisdictions for Condition 9.8 (jurisdictions required to be open for payment):London and TARGET Settlement Days.

  • Where a transfer of CBBCs takes place on the Stock Exchange, currently settlement must be made not later than two CCASS Settlement Days after such transfer.

Related to Settlement Days

  • Settlement Day means, in relation to a date, (i) with respect to a transfer of cash or other property (other than securities), the next Local Business Day and (ii) with respect to a transfer of securities, the first Local Business Day after such date on which settlement of a trade in the relevant securities, if effected on such date, would have been settled in accordance with customary practice when settling through the clearance system agreed between the parties for delivery of such securities or, otherwise, on the market in which such securities are principally traded (or, in either case, if there is no such customary practice, on the first Local Business Day after such date on which it is reasonably practicable to deliver such securities).

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

  • Settlement Dates As determined pursuant to Section 9.4 of the Equity Definitions, subject to Section 9(k)(i) hereof.

  • Payment Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business (including dealings in foreign exchange and foreign exchange currency deposits) in the principal financial centre for the Settlement Currency or if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) System is open;

  • 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.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Settlement Interval has the meaning set forth in the CAISO Tariff.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • 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).

  • 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.

  • 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 Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

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

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • Settlement Notice has the meaning specified in Section 14.02(a)(iii).

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • Adjustment Day means the first calendar day in each month.

  • 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;

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

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.