Termination Settlement Date definition

Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

Termination Settlement Date has the meaning set forth in Section 7.03(a).

Termination Settlement Date has the meaning specified in Section 8(c), or Section 18(c) of the Lease Agreement.

Examples of Termination Settlement Date in a sentence

• If an Acceleration Event occurs after Counterparty has designated a Settlement Date to which Physical Settlement applies but before the relevant Settlement Shares have been delivered to Dealer, then Dealer shall have the right to cancel such Settlement Date and designate a Termination Settlement Date in respect of such Shares pursuant to the first sentence hereof.

• If, upon designation of a Termination Settlement Date by Dealer pursuant to the preceding sentence, Counterparty fails to deliver the Settlement Shares relating to such Termination Settlement Date when due or otherwise fails to perform obligations within its control in respect of this Transaction, it shall be an Event of Default with respect to Counterparty and Section 6 of the Agreement shall apply.

• If, upon designation of a Termination Settlement Date by Party A pursuant to the preceding sentence, Party B fails to deliver the Settlement Shares relating to such Termination Settlement Date when due or otherwise fails to perform obligations within its control in respect of the Transaction, it shall be an Event of Default with respect to Party B and Section 6 of the Agreement shall apply.

• If Dealer designates a Termination Settlement Date as a result of an Acceleration Event caused by an excess dividend of the type described in Paragraph 7(f)(ii), no adjustments(s) shall be made to the terms of this contract to account for the amount of such excess dividend.

• If an Acceleration Event occurs after Party B has designated a Settlement Date to which Physical Settlement applies but before the relevant Settlement Shares have been delivered to Party A, then Party A shall have the right to cancel such Settlement Date and designate a Termination Settlement Date in respect of such Shares pursuant to the first sentence hereof.

More Definitions of Termination Settlement Date

Termination Settlement Date means the Termination Date, and each Tuesday and Thursday following the Termination Date; provided, however, that (a) if a Termination Settlement Date falls on a day that is not a Business Day, then the Termination Settlement Date shall be the next following Business Day, (b) the Administrative Agent may, by written notice to the Seller Representative, increase the frequency of Termination Settlement Dates (such that, in addition to each Tuesday and Thursday, a Termination Settlement Date may occur on a Monday, Wednesday and/or Friday, as directed by the Administrative Agent in its sole discretion) and (c) the final Termination Settlement Date shall occur on the Final Collection Date.

Termination Settlement Date means, for any Terminated Obligation, (a) if the Final Price is determined by reference to the actual sale of a Terminated Obligation pursuant to Clause 4, the date of settlement of such sale and (b) otherwise, the Relevant Settlement Date.

Termination Settlement Date shall have the meaning specified in Section 20(b) of the Lease Agreement. Trust - shall mean River Fuel Trust #3, a trust formed pursuant to the Trust Agreement.

Termination Settlement Date shall have the meaning assigned to that term in Section 20(b) of this Lease.

Termination Settlement Date shall have the meaning specified in Section 20(b) of the Lease Agreement. Trust - See the introductory paragraph hereof. Trust Agreement - See the introductory paragraph hereof.

Termination Settlement Date has the meaning given to such term in the Bond TRS Master Confirmation.

Termination Settlement Date means, with respect to any Terminated Loan Obligation, the Customary Settlement Date for the sale of such Terminated Loan Obligation with the trade date for such sale occurring on the related Termination Trade Date; provided that if BNPP or any other BNPP Hedging Party elects to terminate a Direct Hedge in respect of such Terminated Loan Obligation, the Termination Settlement Date for such Terminated Loan Obligation shall be the date on which the sale or termination of such Direct Hedge actually settles (the "Direct Hedge Settlement Date"). For the avoidance of doubt, the Termination Settlement Date with respect to any Transaction will be no later than the Facility Maturity Date.