5:00 p.m. Daily Deadline for Counting in Actual and Averaged Club Salary.
(i) For any Player who is on a Club's Active Roster, Injured Reserve, Injured Non-Roster or Non-Roster pursuant to an approved and registered SPC at 5:00 p.m. New York time on a particular day during a League Year, such Player shall receive his Player Salary and Bonuses for that day, and such Player Salary and Bonuses shall be included in the calculation of the Club's Actual Club Salary and Averaged Club Salary for that day.
(ii) In the event that an SPC is approved and registered after 5:00 p.m. New York time on a particular day during a League Year, the Player that is party to such SPC shall then be eligible to commence receiving Player Salary and Bonuses in accordance with the terms of the SPC from that Club – and such Player Salary and Bonuses shall be included in the Club's Actual Club Salary and Averaged Club Salary – beginning at 5:00 p.m. New York time on the following day.
(iii) Any Player who is not on a Club's Active Roster, Injured Reserve, Injured Non-Roster or Non-Roster pursuant to an approved and registered SPC at 5:00 p.m. New York time on a particular day during a League Year shall be ineligible to play for such Club on that day, and such Player shall be ineligible to receive Player Salary and Bonuses from that Club for that day.
(iv) Notwithstanding subparagraphs (i) through (iii) above, in the event that a Player practices or travels with an NHL Club or plays in an NHL game with a Club prior to 5:00 p.m. New York time on a particular day during a League Year, and is subsequently removed from such Club's Active Roster on that day (e.g., sent down to the minor leagues), such Player shall receive his Player Salary and Bonuses for that day, and such Player Salary and Bonuses shall be included in the Club's Actual Club Salary and Averaged Club Salary for that day.