Basket Calculation Day definition

Basket Calculation Day means any day on which the offices of the Basket Sponsor in New York are open for business.
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Examples of Basket Calculation Day in a sentence

  • Basket TableThe following table constitutes the “Basket Table”: Determination of the Basket Closing ValueThe Basket Closing Value (also expressed as “A(d)”) for each Basket Calculation Day (d) shall be published on the Relevant Screen Page.

  • In order to manage this commodity price volatility objective, the Reduced Volatility Velocity and Carry Strategy applies the Participation Factor to the Components included in the Basket on each Basket Calculation Day.

  • The Basket Sponsor will calculate the Basket Closing Value on each Basket Calculation Day based on the Closing Levels for each Component as set out in the Basket Table (as set forth below in paragraph 3 of this Section B) even if a Market Disruption Event has occurred or is existing on such Basket Calculation Day in respect of any Component included in the Basket.

  • Through the application of the Algorithm which measures the volatility of the Basket and determines the Participation Factor for any Basket Calculation Day, the daily participation of the Reduced Volatility Velocity and Carry Strategy in the returns on the Basket is determined.

  • Determination of the Basket Closing ValueThe Basket Closing Value (also expressed as "A(d)") for each Basket Calculation Day (d) shall be published on the Relevant Screen Page.

  • As described above, the Strategy Sponsor will calculate and publish a value for the B7 Strategy (referred to as the B7 Strategy Closing Strategy), the calculationmethodology for which is further described in section B.1 (Calculation of the B7 Strategy Closing Value) below, based on the Closing Level for each Component on the Relevant Screen Page on each Commodity Basket Calculation Day even if a Market Disruption Event is occurring in respect of a Component on such Commodity Basket Calculation Day.

  • The value of the Portfolio on any Commodity Basket Calculation Day (d) is represented by the value of the Reverse Repurchase Agreement (such value expressed as amount in US Dollars and as further described in the prospectus) together with the value of the Swap Agreement (such value expressed as amount in US Dollars and as further described in the prospectus); for the avoidance of doubt, the value of the Portfolio is exclusive of the interest earned on the Reverse Repurchase Agreement.

  • The "B7 Strategy Closing Value" (also expressed as "A(d)") for each Commodity Basket Calculation Day (d) in respect of the B7 Strategy Inception Date shall be the B7 Strategy Initial Closing Value.

  • Demand Draft or Pay order or Bank Guarantee -----for Security Deposit.

  • If in respect of any Component and any given Basket Calculation Day, a contract underlying such Component is removed ormodified from the S&P GSCI®, theCalculation Agent shall, for the purposes of the relevant impacted Component(s) (a “ Modification Impacted Component”), generally follow the decision of the S&PGSCI® Committee and make thecorresponding change for the purposes of the relevant Modification Impacted Component.

Related to Basket Calculation Day

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;

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

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Index Calculation Agent means Bank Vontobel AG, Gotthardstrasse 43, 8002 Zurich, Switzerland. "Index Calculation Day" means every day from Monday to Friday.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

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

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;