Finalization Date definition

Finalization Date means the Working Day in which the amount stipulated in the Direct Debit Instruction is credited into the Beneficiary’s Account by the Collecting Institution. The finalization Date related to the operations performed in SENT system is the same with the inter-banking settlement date (compensation date). Direct Debit represents the payment modality of an amount of money agreed between the Payer and the Beneficiary, consisting in the pre-authorized debit of the current bank account of the Payer by the Paying Institution based on the provisions of the Direct Debit Mandate, upon the Beneficiary’s request and the adequate crediting of the current bank account of the Beneficiary by the Collecting Institution.
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Finalization Date has the meaning given such term in Section 7.09(e)(i)(A).
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Finalization Date means the earlier of: (i) the first anniversary of the Closing Date; (ii) the first date by which both the Drenthe-Overysel Financing and the Ga-Phasha Financing shall have occurred; and (iii) the Expiry Date in accordance with Section 2.07(b)(i);
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Examples of Finalization Date in a sentence

  • If the Portfolio Finalization Date Report provided by the Collateral Administrator confirms that the immediately foregoing subclause (A) have been met, then a ▇▇▇▇▇’▇ Portfolio Finalization Date Deemed Rating Confirmation shall occur.

  • Within seven (7) days of the Claims Finalization Date, the Settlement Administrator shall provide Counsel for the Parties a spreadsheet setting forth the claim number, claimant name, and claimant address, and totaling the amount to be paid for each claimant, which shall be an equal amount for each approved claim (the “Final Claims List”).

  • Until the Expected Data Finalization Date, Prudential is entitled to rely on the Contract-Holder (or its representative) in connection with Prudential's administration of this Contract.

  • Until the Expected Data Finalization Date, Prudential will receive from the Plan or its agent the information which Prudential may reasonably require for the administration of this Contract.

  • With respect to Annuity Payments owed by Prudential, the parties shall endeavor between the Effective Date and the Expected Data Finalization Date to agree to an equitable adjustment of the Total Contribution Amount caused by misstatements of the age, sex, applicable Annuity Form, benefit amount or any other fact relevant to determining the amount of Annuity Payment owed to a Covered Life, Contingent Life (or, if applicable, Beneficiary) (as used in this Section, a “data misstatement”).

  • Within ten (10) days of the Claims Finalization Date, the Settlement Administrator shall send a check by First Class U.S. Mail to each Settlement Class Member on the Final Claims List.

  • If on the Document Finalization Date, each Party, in its sole and absolute discretion, is satisfied with the final versions of the Key Transaction Documents, each Party shall execute the Final Document Acknowledgment.

  • This Agreement shall terminate and be of no further force and effect if the Final Document Acknowledgment has not been executed and delivered by the Parties on or prior to the Document Finalization Date, unless otherwise agreed to by each Party hereto in its sole and absolute discretion.

  • Each Party hereby acknowledges that all monies and/or letters of credit on deposit or posted pursuant to the Escrow Agreements shall be released by the applicable escrow agent on the Document Finalization Date if the Final Document Acknowledgment has not been executed and delivered, including to the escrow agents, by each of the Parties for any reason or no reason whatsoever.

  • If the Release Finalization Date falls after any vesting date in Section 3(a), the applicable Restricted Share Units will vest as of the Release Finalization Date; provided, however, that if the period for the Participant to consider and/or revoke a release of claims spans two calendar years, then the settlement/payment of the applicable Shares will in all cases occur in the second calendar year.


More Definitions of Finalization Date

Finalization Date means the Working Day in which the amount stipulated in the Direct Debit Instruction is credited into the Beneficiary’s Account by the Collecting Institution. The finalization Date related to the operations performed in SENT system is the same with the inter-banking settlement date (compensation date). Direct Debit represents the payment modality of an amount of money agreed between the Payer and the Beneficiary, consisting in the pre-authorized debit of the current bank account of the Payer by the Paying Institution based on the provisions of the Direct Debit Mandate, upon the Beneficiary’s request and the adequate crediting of the current bank account of the Beneficiary by the Collecting Institution. Execution of a Direct Debit Instruction represents the procedure by which the Paying Institution enforces the Direct Debit Mandate given by the Payer, accepting to execute the Direct Debit Instruction by debiting the Current bank account of the Pater, according to the provisions of these CSB and acceptance of inter-banking settlement.
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Finalization Date means the early of:
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Finalization Date is defined in Section 2.04(g).
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Finalization Date is defined in Section 2.3(f).
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Related to Finalization Date

  • Initiation Date means the date on which a financial creditor, corporate applicant or operational creditor, as the case may be, makes an application to the Adjudicating Authority for initiating corporate insolvency resolution process;

  • Implementation Date means the date, occurring after the Approval Date, on which the Merger is implemented by the Merging Parties;

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Transition Date means the date on which this contract comes into effect for all purposes.