Examples of Exchange Procedures in a sentence
If the settlement price is not available or the normal settlement procedure cannot be utilized due to a trading disruption or other unusual circumstance, the settlement price will be determined in accordance with Exchange Procedures.
The Trustee, the Administrative Agent and the Depositor may issue additional or other procedures from time to time relating to the manner of exchanging Holding Shares or exchanging Tradeable Shares, which are not related to the Exchange Procedures, and each Authorized Participant shall comply with such procedures.
Each Authorized Participant hereby consents to the use of recorded telephone lines whether or not such use is reflected in the Exchange Procedures.
During the term of the applicable Affiliation Agreement, Direct Members will have the right to reserve and use the Accommodations, facilities, services, and experiences that are a part of the Program or an Affiliate Program in accordance with these Exchange Procedures.
If a Direct Member desires to use the Special Benefits that may be offered by Exchange Company from time to time, the Direct Member may voluntarily participate in the Program as described in these Exchange Procedures.
As described in Sections II.B and II.C below, in the absence of a settlement at the conclusion of the Offer Exchange Procedures, Designated Claims shall proceed to nonbinding mediation and, if such mediation is unsuccessful, upon consent of the parties (including deemed consent based on prior contractual agreements), to binding arbitration.
During the Priority 1 Period, Exchange Company shall immediately confirm all Priority 1 Reservations and Advance Priority Reservations made pursuant to these Exchange Procedures, if available, on a first-come, first-served basis.
Any such modification to the Exchange Point Schedule shall not require approval by the Program Members or amendment of these Exchange Procedures.
Borrowed Exchange Points may be used for a wait list reservation as set forth in these Exchange Procedures.
If the Designated Claimant fails to sign and return the ADR Notice or to include a Claimant’s Response (as defined below) with the returned ADR Notice by the Settlement Response Deadline, (i) the Offer Exchange Procedures will be deemed terminated with respect to the Designated Claim and (ii) the Designated Claim will be submitted to nonbinding mediation.