Mode of Settlement definition

Mode of Settlement means payment other than in one sum.
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Mode of Settlement means one of CNS, TFT, or SNS.
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Mode of Settlement means payment other than a lump sum.
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Examples of Mode of Settlement in a sentence

  • Any death benefit provided under a section of this Coverage is payable according to that section and the Beneficiary and Mode of Settlement Rules.

  • Any death benefit provided under a section of the Universal Life Coverage is payable according to that section and the Beneficiary and Mode of Settlement Rules.

  • Beneficiaries who do not have a right to be paid under these terms may still have a right to be paid under the Automatic Mode of Settlement.

  • Any death benefit provided under a section of this Coverage is payable according to that section, the Beneficiary and Mode of Settlement Rules, and these rules.

  • Conditions for Mode of Settlement: The Beneficiary must be a natural person taking in the Beneficiary's own right.

  • Any death benefit provided under a section of this Coverage is payable according to that section, the Beneficiary and Mode of Settlement Rules, and the following rule.

  • Arrangements for Mode of Settlement: You may arrange a mode of settlement by proper written request to Prudential.

  • A Mode of Settlement will apply to secondary Beneficiaries only if Nationwide agrees in writing.

  • Payee Defined.--In these provisions and under the Automatic Mode of Settlement, the word Payee means a person who has a right to receive a settlement under the contract.

  • Conditions for Mode of Settlement: The Beneficiary must be a natural person taking in the Beneficiary’s own right.


More Definitions of Mode of Settlement

Mode of Settlement means the form of settlement that the ELI holder elects to receive upon maturity of the ELI when the Final Stock Price is below the Reference Stock Price on the Final Fixing Date. The ELI holder can elect either cash settlement or physical settlement of the Settlement At Maturity;
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Mode of Settlement means the form of settlement that the ELI holder elects to receive upon maturity of the ELI where (i) “Daily Airbag Feature” or “Final Fixing Date Airbag Feature” is not specified to be applicable in the applicable Term Sheet and the Final Stock Price of the Worst Performing Stock as of the Final Fixing Date is below its Reference Stock Price; or (ii) “Daily Airbag Feature” is specified to be applicable in the applicable Term Sheet and the Final Stock Price of the Worst Performing Stock as of the Final Fixing Date is below its Reference Stock Price and, on any Scheduled Trading Day during the Observation Period, the Closing Price of the Worst Performing Stock in respect of such Scheduled Trading Day is at or below its Airbag Level; or (iii) “Final Fixing Date Airbag Feature” is specified to be applicable in the applicable Term Sheet and the Final Stock Price of the Worst Performing Stock as of the Final Fixing Date is at or below its Airbag Level. The ELI holder can elect either cash settlement or physical settlement of the relevant Settlement At Maturity;
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Mode of Settlement means the form of settlement that the ELI holder elects to receive upon maturity of the ELI where (i) “Daily Airbag Feature” or “Final Fixing Date Airbag Feature” is not specified to be applicable in the applicable Term Sheet and the Final Stock Price is below the Reference Stock Price; or (ii) “Daily Airbag Feature” is specified to be applicable in the applicable Term Sheet and the Final Stock Price is below the Reference Stock Price and on any Scheduled Trading Day during the Observation Period the Closing Price of the Linked Stock is at or below the Airbag Level; or (iii) “Final Fixing Date Airbag Feature” is specified to be applicable in the applicable Term Sheet and the Final Stock Price is at or below the Airbag Level. The ELI holder can elect either cash settlement or physical settlement of the relevant Settlement At Maturity;
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Related to Mode of Settlement

  • Notice of Settlement means the form attached hereto as Exhibit A.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

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

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Retail Settlement Code or “Code” means this code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and consumers and provides for tracking and facilitating consumer transfers among competitive retailers.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • ASX Settlement Operating Rules means the rules of ASX Settlement Pty Ltd which apply while the Company is an issuer of CHESS approved securities;

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Resettlement Plan or “RP” means the resettlement plan for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • ASTC Settlement Rules means the operating rules of ASTC and, to the extent that they are applicable, the operating rules of ASX and the operating rules of the Australian Clearing House Pty Limited;

  • settlement system means any infrastructure whether or not connected to the auction platform that can provide settlement services, which may include clearing, netting, management of collateral, or any other services, which ultimately enable the delivery of allowances on behalf of an auctioneer to a successful bidder or its successor in title, and the payment of the sum due by a successful bidder or its successor in title to an auctioneer, carried out through either of the following:

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Share Termination Settled in relation to the Transaction means that the Share Termination Alternative is applicable to the Transaction.

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;