Applicable Observation Period definition

Applicable Observation Period means the first 60 Trading Days beginning on and including the 62nd Scheduled Trading Day prior to the Maturity Date.
Sample 1Sample 2
Applicable Observation Period with respect to any Note means the 40 consecutive Trading Day period beginning on and including the third Trading Day after the Exchange Date relating to such Note, except that with respect to any Note surrendered for exchange during the period beginning on November 1, 2011 and ending on the Business Day prior to the Maturity Date, “Applicable Observation Period” means the first 40 Trading Days beginning on and including the 42nd Scheduled Trading Day prior to the Maturity Date.
Sample 1
Applicable Observation Period with respect to any Note means the 20 consecutive Trading Day period beginning on and including the second Trading Day after the Exchange Date relating to such Note, except that (i) with respect to any Note that has been called for redemption and surrendered for exchange after the issuance of a notice of redemption pursuant to Section 3.02, “Applicable Observation Period” shall mean the first 20 Trading Days beginning on and including the 22nd Scheduled Trading Day prior to the Redemption Date, and (ii) with respect to any Exchange Date occurring during the period beginning on the 25th Scheduled Trading Day prior to the maturity date, the 20 consecutive Trading Day period beginning on, and including, the 22nd Scheduled Trading Day prior to the Maturity Date.
Sample 1Sample 2

Examples of Applicable Observation Period in a sentence

  • The Issuer may, at its option, revoke any Cash Percentage Notice through written notice to the Trustee by the close of business on the Business Day prior to the first Scheduled Trading Day of the Applicable Observation Period.

  • If any fractional share of Common Stock would be issuable upon the exchange of any Note or Notes, the Issuer shall make an adjustment and payment therefor in cash to the Holder of Notes at a price equal to the Closing Sale Price of Common Stock on the last day of the Applicable Observation Period.

  • If any fractional share of Common Stock would be issuable upon the exchange of any Note or Notes, the Issuer shall make an adjustment and payment therefor in cash to the Holder of Notes at a price equal to the Closing Sale Price of the Common Stock on the last day of the Applicable Observation Period.

  • When a Holder surrenders Notes for exchange, the Issuer may direct the Exchange Agent to surrender, on or prior to the commencement of the Applicable Observation Period, such Notes to a financial institution designated by the Issuer for transfer in lieu of exchange.

  • By the close of business on the Trading Day immediately preceding the start of the Applicable Observation Period, the Issuer shall notify the Exchange Agent and the Holder surrendering Notes for exchange that the Issuer has directed the designated financial institution to accept the Notes in lieu of exchange and such financial institution will be required to notify the Exchange Agent whether it will deliver, upon exchange, Shares of Beneficial Interest, cash or a specified combination thereof.

  • The Issuer shall deliver such sum of the Daily Settlement Amounts to exchanging Holders on or prior to the third Business Day immediately following the last Trading Day of the Applicable Observation Period, and the Issuer shall deliver cash in lieu of any fractional share of Common Stock deliverable in connection with payment of the sum of the Daily Settlement Amounts (based on the Closing Sale Price of Common Stock on the last Trading Day of the Applicable Observation Period).

  • If any fractional Share of Beneficial Interest would be issuable upon the exchange of any Note or Notes, the Issuer shall make an adjustment and payment therefor in cash to the Holder of Notes based on the Daily VWAP of the Shares of Beneficial Interest on the last Trading Day of the Applicable Observation Period.

  • With respect to any Notes that are exchanged on or after March 1, 2012, the Cash Percentage that the Issuer specifies for the Applicable Observation Period will apply to all such exchanges.

  • If any fractional share of Common Stock would be issuable upon the exchange of any Note or Notes, the Issuer shall make a payment therefor in cash to the Holder of Notes at a price equal to the Daily VWAP of the Common Stock on the last day of the Applicable Observation Period.


More Definitions of Applicable Observation Period

Applicable Observation Period has the meaning set forth in the Indenture.
Sample 1Sample 2Sample 3
Applicable Observation Period with respect to any Note means the 60 consecutive Trading Day period beginning on and including the second Trading Day after the Exchange Date relating to such Note, except that with respect to any Note surrendered for exchange during the period beginning on August 15, 2011 and ending on the second Business Day prior to the Maturity Date, “Applicable Observation Period” means the first 60 Trading Days beginning on and including the 62nd Scheduled Trading Day prior to the Maturity Date.
Sample 1Sample 2

Related to Applicable Observation Period

  • SOFR Observation Period means, in respect of an Interest Accrual Period, the period from (and including) the date falling the number of SOFR Observation Shift Days prior to the first day of such Interest Accrual Period to (but excluding) the date falling the number of SOFR Observation Shift Days prior to the Interest Period Date for such Interest Accrual Period;

  • Observation Period means the period from, and including, the First Trading Date to, and including, the Valuation Time on the Valuation Date.

  • SOFR Observation Shift Days means the number of U.S. Government Securities Business Days as specified in the applicable Pricing Supplement; and

  • Observation Date means each of the following Observation Dates:

  • Final Observation Date means the Final Observation Date as specified in § 1 of the Product and Underlying Data. If the Final Observation Date is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the Final Observation Date. The Final Payment Date will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Barrier Observation Date means each of the Barrier Observation Dates as specified in § 1 of the Product and Underlying Data. If a Barrier Observation Date is not a Calculation Date for one or more Basket Components, the immediately following day, which is a Calculation Date shall be the respective Barrier Observation Date for all Basket Components.

  • Observation Shift Days means the number of London Banking Days specified in the relevant Final Terms; and

  • Initial Observation Date means the Initial Observation Date as specified in § 1 of the Product and Underlying Data. If the Initial Observation Date is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the Initial Observation Date.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Nomination Period means, in respect of a Nomination, the period from the Nomination Start Time to the Nomination End Time;

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Available Amount Reference Period means, with respect to any Reference Date, the period (taken as one accounting period) commencing on April 1, 2008 and ending on the last day of the most recent fiscal quarter or fiscal year, as applicable, for which financial statements required to be delivered pursuant to Section 6.01(a) or Section 6.01(b), and the related Compliance Certificate required to be delivered pursuant to Section 6.02(a), have been delivered to the Administrative Agent.

  • Observation Date (k) means the "Observation Date (k)" as specified in § 1 of the Product and Underlying Data. If an Observation Date (k) is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the respective Observation Date (k). The respective Early Payment Date (k) will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Agreement Period means the period between the Agreement Date and the Expiry Date, unless terminated earlier on the Termination Date;

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Notification Period means a set period of time between the submittal of a Notice of Intent and the beginning of lead - based paint abatement activities (including all on-site worksite preparation).

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • assessment period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.