Common use of Expiration Value Clause in Contracts

Expiration Value. The Expiration Value is the value of the Underlying as documented by the Source Agency on the Expiration Date at the Expiration time. Contingencies: Before Settlement, Kalshi may, at its sole discretion, initiate the Market Outcome Review Process pursuant to Rule 6.3(c) of the Rulebook. Additionally, as outlined in Rule 7.2 of the Rulebook, if any event or any circumstance which may have a material impact on the reliability or transparency of a Contract’s Source Agency or the Underlying related to the

Expiration Value. The Expiration Value is the value of the Underlying as documented by the Source Agency on the Expiration Date at the Expiration time. Contingencies: Before Settlement, Kalshi may, at its sole discretion, initiate the Market Outcome Review Process pursuant to Rule 6.3(c) of the Rulebook. Additionally, as outlined in Rule 7.2 of the Rulebook, if any event or any circumstance which may have a material impact on the reliability or transparency of a Contract’s Source Agency or the Underlying related to theMarket

Expiration Value. The Expiration Value is the value of the Underlying as documented by the Source Agency on the Expiration Date at the Expiration timeTime. The Expiration Value is calculated by the Source Agency by taking the value of the Underlying as obtained from the market. Contingencies: Before Settlement, Kalshi may, at its sole discretion, initiate the Market Outcome Review Process pursuant to Rule 6.3(c) of the Rulebook. Additionally, as outlined in Rule 7.2 of the Rulebook, if any event or any circumstance which may have a material impact on the reliability or transparency of a Contract’s Source Agency or the Underlying related to theon