Creation Settlement Date definition

Creation Settlement Date means, with respect to any Creation Order, the Business Day on which such Creation Order settles, as specified in the PA Procedures.
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Creation Settlement Date means, with respect to any Creation Order, the Business Day following the Trade Date for such Creation Order.
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Creation Settlement Date means the Business Day following the Trade Date.
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Examples of Creation Settlement Date in a sentence

  • The Creation Settlement Date shall be the immediately following Business Day after the Creation Trade Date, unless the parties otherwise agree.

  • On the Creation Trade Date, following receipt of the Creation Order from the Authorized Participant, the Trust shall, in its sole discretion, select a Liquidity Provider and execute a trade to purchase Ether from that Liquidity Provider in the amount of the Creation Basket Deposit, with the purchased Ether to be delivered by the Liquidity Provider on the settlement date (“Creation Settlement Date”) in exchange for a cash price to be delivered by the Trust on the Creation Settlement Date.

  • Upon settlement of the Ether purchase from the Liquidity Provider and the deposit of Ether in the Trust’s Clearing Account, the Trust instructs the Transfer Agent to release the Shares to the Authorized Participant by close of business on the Creation Settlement Date and the Creation Order is settled.


More Definitions of Creation Settlement Date

Creation Settlement Date means, in respect of a Valid Creation Confirmation Order, the date on which (i) the relevant ETP Securities have been issued in full by the Issuer to the relevant Authorised Participant(s) and (ii) theCreation Settlement Amount in respect of each ETP Security proposed to be issued has been paid in full by the Authorised Participant(s) to the Issuer, which, as at the Creation Trade Date, is scheduled to be the Scheduled Creation Settlement Date.
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Related to Creation Settlement Date

  • 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;

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • 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.

  • VWAP Purchase Date means, with respect to any VWAP Purchase made hereunder, the Business Day following the receipt by the Buyer of a valid VWAP Purchase Notice that the Buyer is to buy Purchase Shares pursuant to Section 1(c) hereof.