Examples of Final Calculation Date in a sentence
If for any reason one or more Clearing Members fails to determine and notify the applicable Termination Amount to the Clearing House by the Final Calculation Date, the Clearing House shall post a notice on its website of such failure and shall make its own determination of any such Termination Amount(s) in respect of each such Clearing Member within thirty days of the Final Calculation Date.
The Termination Amount in respect of each Clearing Member shall be due and payable (by the party which owes the relevant Termination Amount) by no later than the second Business Day following the Final Calculation Date or, where a Late Final Calculation Date is applicable, no later than the second Business Day following the Late Final Calculation Date.
Otherwise, the Final Calculation Date is postponed according to the provisions described below in Condition 7 (Market Disruption Events); Fund Interest means an interest held by an investor in an Index Fund.
The Termination Amount in respect of each Clearing Member shall be due and payable by no later than the second Business Day following the Final Calculation Date or, where a Late Final Calculation Date is applicable, no later than the second Business Day following the Late Final Calculation Date.
In the event the Final Calculation Date is postponed due to a Market Disruption Event as set forth above, the originally scheduled Maturity Date of December 12, 2012 shall automatically be postponed to five Business Days following the new Calculation Date.