Common use of Value Date Clause in Contracts

Value Date. If the Value Date for the settlement of an Order is not a Day in the jurisdiction in which any of the accounts from which the Customer will be making or receiving payment for an Order resides, the Value Date for the Order will be the first day following the Value Date that was selected that is a Day in each of the jurisdictions in which such accounts reside.

Appears in 2 contracts

Sources: Master Terms and Conditions Agreement, Master Terms and Conditions Agreement

Value Date. If the Value Date for the settlement of an Order is not a Day in the jurisdiction in which any of the accounts from or to which the Customer will be making or receiving payment for an Order residesis located, the Value Date for the Order will be the first day following the Value Date that was selected that is a Day in each of the jurisdictions in which such accounts resideare located.

Appears in 1 contract

Sources: Master Terms and Conditions Agreement