Settlement Obligations definition

Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1), 5.3(1)(a) – (e) and 5.5;
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Settlement Obligations means any payment or reimbursement obligation in respect of a Settlement Payment.
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Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1), 2.5(5)(b) and (c) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1), 5.3(1)(a) - (e) and 5.5;
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Examples of Settlement Obligations in a sentence

  • You agree you will not transfer funds out of your Cash Account before the Settlement Date if such a transfer would result in you being unable to meet your Settlement Obligations.

  • You must ensure that your Settlement Obligations are met in full and are received by FinClear before the Settlement Date and Time (and you are responsible for ensuring that you have sufficient funds or Cash Market Products (as applicable) before the Settlement Date.

  • Accordingly, FNZ Securities will carry the obligations to complete the sale or purchase, together with all the obligations which are ancillary to the completion (Settlement Obligations).

  • Unless we agree otherwise, you must ensure there are sufficient funds in your Cash Account (in the case of a purchase) and sufficient Financial Products in your Trading Account (in the case of a sale) to meet your Settlement Obligations before an Order is placed and Openmarkets may assess whether your Cash Account or Trading Account has such funds or products before accepting and Order from you.

  • Your Settlement Obligations are therefore owed directly to FinClear (and not the Broker).


More Definitions of Settlement Obligations

Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1), 2.5(5)(b) and (c) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1),(4)In this clause 6.2, "Scheduled Settlement Date"means the Settlement Date specified in the Reference Schedule as extended:
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Settlement Obligations means any short-term payment or reimbursement obligation in respect of a Settlement Payment or Settlement Receivable and other financings or liabilities due to banks or customers, in each case of the type incurred in the ordinary course of business by the Issuer and its Subsidiaries, including under any facility in respect thereof.
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Settlement Obligations means the Settlement Obligations as stipulated in the JSE Rules as applicable to non-controlled and amended by the JSE from time to time;
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Settlement Obligations means, in the case of the Buyer, its obligations under clauses 2.5(1), 2.5(5)(b) and (c) and 5.1(1) and, in the case of the Seller, its obligations under clauses 5.1(1), (4) In this clause 6.2, "Scheduled Settlement Date" means the Settlement Date specified in the Reference Schedule as extended:
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Settlement Obligations means, in the case of (3) If the Land sold is leasehold, this contract is subject to any necessary consent to the transfer of the lease to the Buyer being obtained by the Settlement Date. The Seller must apply for the consent required as soon as possible. The Buyer must do everything reasonably required to help obtain this consent.
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Settlement Obligations means any payment or reimbursement obligation in respect of a Settlement Payment. For the avoidance of doubt, Settlement Obligations shall not include Indebtedness for borrowed money.
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Settlement Obligations means, in the case of
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