Settlement Level definition

Settlement Level means, with respect to an Index and a Valuation Date, the level determined as provided in the relevant Final Terms or, if no such level is so provided (a) the level of the relevant Index as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on the Valuation Date or (b) with respect to a Multiple Exchange Index, the official closing level of the Index on the Valuation Date as calculated and published by the Index Sponsor or (c) if Averaging Dates are specified in the relevant Final Terms in respect of such Valuation Date, the arithmetic average as determined by theCalculation Agent (rounded down to the nearest unit of the relevant currency in which the Index is published, one half of a unit being rounded upwards) of the Reference Level on such Averaging Dates.
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Settlement Level means, and subject as referred to in Automatic Early Expiration Valuation Date, Averaging Date, Knock-in Determination Day, Knock-out Determination Day, Observation Day, or Valuation Day, as the case may be:
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Settlement Level means, in respect of a Share Index and:
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Examples of Settlement Level in a sentence

  • Automatic Early Settlement Event: Single Standard Automatic Early Settlement: If on any Automatic Early Settlement Valuation Date, the MFP AES Value is greater than or equal to the Automatic Early Settlement Level.

  • The “Futures Settlement Price” means, in respect of a Futures and an Index Calculation Date, the sum of (a) the Underlying Settlement Level on such Index Calculation Date and (b) the Basis TWAP on the immediately preceding Index Calculation Date minus any decrease in the level of the Underlying Index due to dividends paid on the component stocks of the Underlying Index.

  • The “Settlement Value” for each Option will be equal to the greater of (i) zero and (ii) the strike price of such Option minus the Underlying Settlement Level on the relevant Option Expiration Date.

  • The “Underlying Settlement Level” means, in respect of any Index Calculation Date, the level of the Underlying Index that is used to calculate the official settlement price of an Option as published by the Price Source; provided that if such level is not published or available, then the Underlying Settlement Level will be determined by the Index Administrator.

  • A checklist was developed to facilitate the settlement level PRA (Annex - II).Table - 6: Description of Settlement Level PRA Participants DescriptionH.6 Market Survey17.

  • The Index Settlement Level is defined as the Final Index Level of the Nasdaq-100 divided by the Initial Index Level, expressed as a percentage.

  • The comparative increases over the last eight years are shown in the following table and graph: YearSchool (ISB) IncreaseRCT Settlement Level2019/20 15.00% 10.00% 5.00% 0.00%2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20-5.00% -10.00%School (ISB) IncreaseRCT Settlement Level Over the 8 year period shown above, schools have received an increase amounting to 13.41%, as opposed to the Council’s remaining budgets having been reduced by 5.68%.

  • Amongst many efforts a Settlement Level Survey (1995 – 1998) and Socio-Economic Survey 2002, both undertaken by UNDP, deserve special mention.

  • Maximum Allowable Settlement: Level at which no further movement will be acceptable and if reached requires work to be halted until submittal and acceptance of a written plan detailing corrective actions and restorative measures.

  • Bank-led bail-in firms should ensure that these governance arrangements are able to incorporate the Bank and BIA as appropriate.


More Definitions of Settlement Level

Settlement Level of the Reference Portfolio means, subject to a Market Disruption (§ 9 (3)), the Level of the Reference Portfolio as calculated by the Calculation Agent in relation to the Valuation Date.
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Settlement Level means a settlement area;
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Related to Settlement Level

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

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

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Settlement Class means, in respect of each Proceeding, the settlement class defined in Schedule A.

  • Poverty level means the annual family income for a family unit of a particular size, as specified in the poverty guidelines updated annually in the Federal Register by the U.S. Department of Health and Human Services.

  • Resettlement Framework or “RF” means the resettlement framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

  • Settlement Classes means the following:

  • 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).

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Action level means a rate of emissions of a hazardous air contaminant as specified in Appendix C or as may be determined under Section 5-261(3) of these regulations. Action Levels are used to determine the applicability of Section 5-261 to stationary sources and shall be derived in accordance with the method prescribed in Appendix E of these regulations.

  • 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.

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

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

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Settlement Class Members means a Person(s) who falls within the definition of the Settlement Class.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • 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.

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Settlement Class Member means a member of a Settlement Class.

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).