Date of Settlement. The receipt by the Company of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security, or a notation on the Master Global Note, shall constitute “settlement” with respect to such Book-Entry Security. All orders of Book-Entry Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company on a particular date (the “Trade Date”) will be settled on a date (the “Settlement Date”) which is the third business day after the Trade Date pursuant to the “Settlement Procedure Timetable” set forth below, unless the Company, the Guarantor and the purchaser(s) agree to settlement on another business day which shall be no earlier than the next business day after the Trade Date.
Appears in 15 contracts
Sources: Distribution Agreement (Goldman Sachs Capital VI), Distribution Agreement (Goldman Sachs Capital VI), Distribution Agreement (Goldman Sachs Capital VI)
Date of Settlement. The receipt by the Company of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security, or a notation on the Master Global Note, shall constitute “settlement” with respect to such Book-Entry Security. All orders of Book-Entry Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company on a particular date (the “Trade Date”) will be settled on a date (the “Settlement Date”) which is the third business day after the Trade Date pursuant to the “Settlement Procedure Timetable” set forth below, unless the Company, the Guarantor Company and the purchaser(s) agree to settlement on another business day which shall be no earlier than the next business day after the Trade Date.
Appears in 12 contracts
Sources: Distribution Agreement (Goldman Sachs Capital VI), Distribution Agreement (Goldman Sachs Capital VI), Distribution Agreement (Goldman Sachs Capital VI)
Date of Settlement. The receipt by the Company of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security, or a notation on the Master Global Note, Security shall constitute “"settlement” " with respect to such Book-Entry Security. All orders of Book-Entry Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company on a particular date (the “Trade Date”"TRADE DATE") will be settled on a date (the “Settlement Date”"SETTLEMENT DATE") which is the third business day Business Day after the Trade Date pursuant to the “Settlement Procedure Timetable” "SETTLEMENT PROCEDURE TIMETABLE" set forth below, unless the Company, the Guarantor Company and the purchaser(s) purchaser agree to settlement on another business day Business Day which shall be no earlier than the next business day Business Day after the Trade Date.
Appears in 2 contracts
Sources: Distribution Agreement (American International Group Inc), Distribution Agreement (American International Group Inc)
Date of Settlement. The receipt by the Company of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security, or a notation on the Master Global Note, Security shall constitute “"settlement” " with respect to such Book-Entry Security. All orders of Book-Entry Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company on a particular date (the “"Trade Date”") will be settled on a date (the “"Settlement Date”") which is the third business day Business Day (or such lesser period as may then be required by the Commission) after the Trade Date pursuant to the “"Settlement Procedure Timetable” " set forth below, unless the Company, the Guarantor Company and the purchaser(s) purchaser agree to settlement on another business day Business Day which shall be no earlier than the next business day Business Day after the Trade Date.
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Date of Settlement. The receipt by the Company Issuing Bank of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security, or a notation on the Master Global Note, Security shall constitute “settlement” with respect to such Book-Entry Security. All orders of Book-Entry Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company Issuing Bank on a particular date (the “Trade Date”) will be settled on a date (the “Settlement Date”) which is the third business day Business Day after the Trade Date pursuant to the “Settlement Procedure Timetable” set forth below, unless the Company, the Guarantor Issuing Bank and the purchaser(s) purchaser agree to settlement on another business day Business Day which shall be no earlier than the next business day Business Day after the Trade Date.
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