Glossary Term: Postponed Payment Date
Postponed Payment Date refers to a specific date that was set for the payment of charges that has been delayed or deferred. This may be caused if no information is received by the Funds Administration Agent (FAA) in respect of a Settlement Run on a Notification Date or for any reason it is not possible for the FAA to determine by the close of business on the Notification Date the amounts to be incorporated in the Advice Notes.
BSC defined definition
Has the meaning given to that term in Section N6.6.1;