Common use of MULTIPLIERS Clause in Contracts

MULTIPLIERS. The Multiplier relating to each Index Security is the number of shares (including fractional shares, expressed as a decimal) of such Index Security included in the 10 Uncommon Values Index. The Multipliers shall be determined by the Calculation Agent and shall be based on each Index Security's Average Execution Price. The number of shares of an Index Security constituting the "Multiplier" for such Index Security shall equal the number of shares (or fraction of one share) of such Index Security that, when multiplied by the Average Execution Price for such Index Security, results in the Index Security initially accounting on the Announcement Day for 10% of the level of 10 Uncommon Values Index on an equal dollar-weighted basis. The Multipliers with respect to each Index Security shall remain constant for the Twelve-Month Period that such Index Security is part of the 10 Uncommon Values Index unless adjusted for certain extraordinary corporate events as described below. Each Multiplier shall be rounded at the Calculation Agent's discretion.

Appears in 8 contracts

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc), Calculation Agency Agreement (Lehman Brothers Holdings Inc), Calculation Agency Agreement (Lehman Brothers Holdings Inc)

AutoNDA by SimpleDocs

MULTIPLIERS. The Multiplier relating to each Index Security is the number of shares (including fractional shares, expressed as a decimal) of such Index Security included in the 10 Uncommon Values Index. The Multipliers shall be determined by the Calculation Agent and shall be based on each Index Security's Average Execution Price. The number of shares of an Index Security constituting the "Multiplier" for such Index Security shall equal the number of shares (or fraction of one share) of such Index Security that, when multiplied by the Average Execution Price for such Index Security, results in the Index Security initially accounting on the Announcement Day for 10% of the level of 10 Uncommon Values Index on an equal dollar-weighted basis. The Multipliers with respect to each Index Security shall remain constant for the Twelve-Month Measurement Period that such Index Security is part of the 10 Uncommon Values Index unless adjusted for certain extraordinary corporate events as described below. Each Multiplier shall be rounded at the Calculation Agent's discretion.

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

AutoNDA by SimpleDocs

MULTIPLIERS. The Multiplier relating to each Index Security is the number of shares (including fractional shares, expressed as a decimal) of such Index Security included in the 10 Uncommon Values Index. The Multipliers shall be determined by the Calculation Agent and shall be based on each Index Security's Average Execution AverageExecution Price. The number of shares of an Index Security constituting the "Multiplier" for such Index Security shall equal the number of shares (or fraction of one share) of such Index Security that, when multiplied by the Average Execution Price for such Index Security, results in the Index Security initially accounting on the Announcement Day for 10% of the level of 10 Uncommon Values Index on an equal dollar-weighted basis. The Multipliers with respect to each Index Security shall remain constant for the Twelve-Month Measurement Period that such Index Security is part of the 10 Uncommon Values Index unless adjusted for certain extraordinary corporate events as described below. Each Multiplier shall be rounded at the Calculation Agent's discretion.

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.