Valuation Stock Price. On each Valuation Date, the Calculation Agent shall determine the Valuation Stock Price for each Individual Stock. Based on such determinations, the Calculation Agent shall determine the Stock Performance for each Individual Stock, the Individual Stock Returns and the Coupon Rate. In the event a Valuation Date does not fall on a Note Business Day, such Valuation Date shall be the next succeeding Note Business Day.
Appears in 4 contracts
Samples: Security Agreement (Canadian Imperial Bank of Commerce /Can/), Security Agreement (Canadian Imperial Bank of Commerce /Can/), Security Agreement (Canadian Imperial Bank of Commerce /Can/)
Valuation Stock Price. On each Valuation Date, the Calculation Agent shall determine the Valuation Stock Price for each Individual Stock. Based on such determinations, the Calculation Agent shall determine the Stock Performance for each Individual Stock, the Individual Stock Returns and the Coupon Rate. In the event a Valuation Date does not fall on a Note Business Day, such Valuation Date shall be the next succeeding Note Business Day.
Appears in 2 contracts
Samples: Security Agreement (Canadian Imperial Bank of Commerce /Can/), Security Agreement (Canadian Imperial Bank of Commerce /Can/)
Valuation Stock Price. On each Valuation Date, the Calculation Agent shall determine the Valuation Stock Price for each Individual Stock. Based on such determinations, the Calculation Agent shall determine the Cumulative Price Return for each Stock, the Stock Performance for each Individual Stock, the Individual Stock Returns and the Coupon Rate. In the event a Valuation Date does not fall on a Note Business Day, such Valuation Date shall be the next succeeding Note Business Day. A Valuation Date for one or more of the Stocks may be postponed as set forth in Section 2.3.
Appears in 1 contract
Samples: Security Agreement (Canadian Imperial Bank of Commerce /Can/)
