Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount due on the Stated Maturity Date of the Securities, the Calculation Agent shall determine such Maturity Payment Amount and notify the Trustee of its determination. The Calculation Agent shall also determine (a) the Successor Index if publication of the Index is discontinued, (b) the Closing Index Level if no Successor Index is available or if S&P or the publisher of any Successor Index, as the case may be, fails to calculate and publish a Closing Index Level on any date, (c) adjustments to the Index, any Successor Index or the Closing Index Level if the method of calculating any of these items changes in a material respect or if the Index or Successor Index is in any other way modified so --------------- * "RAPIDS" is a service xxxx of Xxxxxx Brothers Inc. "Standard & Poor's," "S&P," "S&P 500," "Standard & Poor's 500," and "500" are trademarks of XxXxxx-Xxxx, Inc. and have been licensed for use by Xxxxxx Brothers Holdings Inc. The Securities, linked to the performance of the S&P 500 Index, are not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the Securities. that it does not, in the opinion of the Calculation Agent, fairly represent the level of the Index or such Successor Index, as the case may be, had such changes or modifications not been made, (d) whether a Market Disruption Event has occurred and (f) any other calculation, determination or adjustment specified as being made by the Calculation Agent in this Agreement. The Calculation Agent shall notify the Trustee of all such adjustments or any such Successor Index, or if a Market Disruption Event has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount due at Stated Maturity of the Securities, the Redemption Payment Amount and the Repurchase Payment Amount, the Calculation Agent shall determine such Payment Amount and notify the Trustee of its determination. The Calculation Agent shall also be responsible for (a) the determination of the Settlement Value, (b) whether adjustments to the Multipliers should be made and (c) whether a Market Disruption Event has occurred. The Calculation Agent shall notify the Trustee of any such adjustment or if a Market Disruption Event has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount due at Stated Maturity of the Securities, the Calculation Agent shall determine such Maturity Payment Amount and notify the Trustee of its determination. The Calculation Agent shall also be responsible for (a) the determination of the Maturity Payment Amount, (b) whether adjustments to the Equity Return should be made, (c) the Successor Index if publication of the Index is discontinued and (d) whether a Market Disruption Event has occurred. The Calculation Agent shall notify the Trustee of any such adjustment or any such Successor Index, or if a Market Disruption Event has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2. --------------------- * "Standard & Poor's(R)," "S&P(R)," "S&P 500(R)," "Standard & Poor's 500," and "500" are trademarks of XxXxxx-Xxxx, Inc. and have been licensed for use by Xxxxxx Brothers Holdings Inc. The notes, based on the performance of the S&P 500(R) Index, are not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the notes.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount due at Stated Maturity of the Securities, the Calculation Agent shall determine the Maturity Payment Amount due at Stated Maturity and notify the Trustee of its determination. The Calculation Agent shall also be responsible for (a) the determination of the Index Level on each Calculation Date, (b) the determination of the Rollover Closing Level of the 10 Uncommon Values Index for each Twelve-Month Period, (c) determining if any adjustments to the 10 Uncommon Values Index and/or the Multipliers should be made and (d) whether a Market Disruption Event has occurred. The Calculation Agent shall notify the Trustee of any such adjustment or if a Market Disruption Event has occurred. In addition, the Calculation Agent shall provide information to the American Stock Exchange ("AMEX") that is necessary for the AMEX's daily calculation and dissemination of the level of the 10 Uncommon Values Index if the AMEX is unable to obtain such information. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Redemption Amount with respect to any series of the Notes, the Calculation Agent shall determine the Redemption Amount (as set forth below) on the Valuation Date (as defined below) in accordance with the terms of the Notes and this Agreement and notify the Trustee of its determination. In addition, the Calculation Agent shall also be responsible for determining each of the following items for the Notes, to the extent applicable:
(a) whether a Disruption Event (as defined below) has occurred;
(b) whether a Price Source Unavailability Event (as defined below) has occurred; and
(c) any other calculation, determination or adjustment specified as being made by the Calculation Agent in this Agreement, the relevant Pricing Supplement or the Notes.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount due at Stated Maturity of the Securities, the Calculation Agent shall determine such Maturity Payment Amount and notify the Trustee of its determination. The Calculation Agent shall also be responsible for (a) the determination of the Capped Quarterly Returns for each Reset Period, (b) the determination of the Equity Return, (c) the determination of the Alternative Redemption Amount, (d) the Successor Index if publication of the Index is discontinued and (e) whether a Market Disruption Event has occurred. The Calculation Agent shall notify the Trustee of any such adjustment or any such Successor Index, or if a Market Disruption Event has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2.
Calculations and Information Provided. The Calculation Agent shall determine (a) the Maturity Payment Amount on the Calculation Date, (b) the Starting Price of each of the Underlying Equity Securities in the Basket, (c) the Ending Price of each of the Underlying Equity Securities in the Basket, (d) the Adjusted Value for each of the Underlying Equity Securities in the Basket, (e) the sum of the Adjusted Values for all of the Underlying Equity Securities in the Basket, (f) the Starting Multipliers and Ending Multipliers for each of the Underlying Equity Securities in the Basket, (g) any required adjustments to the Multipliers of the Underlying Equity Securities in the Basket and (h) whether a Market Disruption Event has occurred. The Calculation Agent shall notify the Trustee of all such determinations and any such adjustment or if a Market Disruption Event has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount, the Redemption Payment Amount or the Optional Repurchase Amount with respect to any series of the Notes, the Calculation Agent shall determine the applicable Payment Amount in accordance with the terms of the relevant Notes and this Agreement and notify the Trustee of its determination. In addition, the Calculation Agent shall also be responsible for determining each of the following items for each series of the Notes, to the extent applicable:
(a) the Settlement Value and any adjustments thereto;
(b) whether the Settlement Value falls below the Threshold Value on any Scheduled Trading Day;
(c) the Closing Price of each Settlement Value Security on any date that the Settlement Value is to be determined,
(d) the Multiplier for each Settlement Value Security, and
(e) whether and what adjustments to the Multipliers should be made;
(f) whether a Market Disruption Event has occurred;
(g) if Stock Settlement is applicable, the number and kind of Settlement Value Securities to be delivered, the value of any fractional shares thereof and whether cash or other property shall be delivered in lieu of, or in addition to, any Settlement Value Securities;
(h) the Amortized Principal Amount;
(i) the amount payable upon repayment of the Notes on any Optional Reset Date;
(j) whether a particular day is a Scheduled Trading Day;
(k) the applicable Valuation Date; and
(l) any other calculation, determination or adjustment specified as being made by the Calculation Agent in this Agreement, the relevant Pricing Supplement or the relevant Notes. The Calculation Agent shall notify the Trustee of all such calculations, determinations and adjustment or if a Market Disruption Event with respect to a series of Notes has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2 with respect to a series of Notes.
Calculations and Information Provided. (a) The Calculation Agent will determine the Cash Settlement Amount in respect of an exercise of Warrants and will be responsible for determining each of the following items:
(i) the Basket Value and the Cash Settlement Amount;
(ii) whether a Disruption Event has occurred and, in the event a Disruption Event has occurred, determining the Basket Value;
(iii) whether a Price Source Unavailability Event has occurred and, in the event a Price Source Unavailability Event has occurred, taking the actions specified in Section 2.03 hereto;
(iv) whether a particular day is a Valuation Date;
(v) whether a particular day is a Valuation Business Day;
(vi) whether to limit the number of Warrants exercisable on any date, other than automatic exercises, to an aggregate of 500,000 as described in Section 2.07 hereof;
(vii) any other calculation, determination or adjustment specified as being made by the Calculation Agent in this Agreement or the relevant Warrants. The Calculation Agent shall timely notify the Warrant Agent of all such calculations, determinations and adjustment or if a Disruption Event or Price Source Unavailability Event with respect to the Warrants has occurred.
(b) Any calculation or determination by the Calculation Agent under this Agreement shall be made at the sole discretion of the Calculation Agent and shall (in the absence of manifest error) be final and binding on the Company, the Warrant Agent, the Warrantholders and any Participant. Any such calculations will be made available to a Warrantholder for inspection at the Warrant Agent’s Office.
Calculations and Information Provided. In response to a request made by the Trustee for a determination of the Maturity Payment Amount due at Stated Maturity of the Securities, the Redemption Payment Amount and the Repurchase Payment Amount, the Calculation Agent shall determine such Payment Amount and notify the Trustee of its determination. The Calculation Agent shall also be responsible for (a) the determination of the Settlement Value, (b) whether adjustments to the Closing Level should be made, (c) the determination of the Successor Index if publication of the Index is discontinued and (d) the determination of whether a Market Disruption Event has occurred. The Calculation Agent shall notify the Trustee of any such adjustment or if a Market Disruption Event has occurred. Annex A hereto sets forth the procedures the Calculation Agent will use to determine the information described in this Section 2. * "Dow Jones and "Dow Jones Industrial Average" are servicemarks of Dow Jonxx & Company, Ixx. xnd have been licensed for use by Lehman Brothxxx Xoldings Inc. The Securities, based on the performanxx xx the Dow Jones Industrial Average, are not sponsored, endorsed, sold or promoxxx xy Dow Jones, and Dow Jones makes no representation regarding the advisabilxxx xf investinx xx the Securities.
