Basket Stock definition

Basket Stock or “Underlying Stock” shall mean the common stock of each of Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley.
Basket Stock or “Underlying Stock” shall mean the common stock of each of Micron Technology, Inc., ON Semiconductor Corporation and Intel Corporation.
Basket Stock means the common stocks of Altria Group, Inc., Ameren Corporation, American Electric Power Company Inc., AmSouth Bancorporation, Bank of America Corporation, Baxter International Inc., Caterpillar Inc., ChevronTexaco Corporation, Comerica Incorporated, ConocoPhillips, Delphi Corporation, Exxon Mobil Corporation, FleetBoston Financial Corporation, General Electric Company, H. J. Heinz Company, International Business Machines Corporation, J.P. Morgan Chase & Co., Keycorp, Merck & Co., Inc., Microsoft Corporation, Newell Rubbermaid Inc., NiSource Inc., Pfizer Inc., Pitney Bowes Inc., Sara Lee Corporation, SBC Communications Inc., Sears, Roebuck and Co., The Dow Chemical Company, Verizon Communications Inc. or Xcel Energy Inc., as applicable, and “Basket Stocks” means all of such common stocks, in each case subject to adjustment as provided in Section 4.

Examples of Basket Stock in a sentence

  • The value of the Basket will vary based on the increase or decrease in the price of each Basket Stock.

  • Conversely, any decrease in the price of a Basket Stock (assuming no change in the price of the other Basket Stock or Basket Stocks) will result in a decrease in the value of the Basket.

  • Any increase in the price of a Basket Stock (assuming no change in the price of the other Basket Stock or Basket Stocks) will result in an increase in the value of the Basket.

  • Component Ratio for each Basket Stock equals its Initial Component Weight (expressed as a percentage) multiplied by 100, and then divided by the hypothetical Closing Market Price of that Basket Stock on the hypothetical pricing date, with the result rounded to eight decimal places.

  • The Initial Price will not be adjusted, however, unless such Ex-Dividend Date occurs after the Trade Date and on or before the Calculation Date for which the Performance Rate of such Basket Stock will be determined.

  • The value of the Basket will equal the sum of the products of the Closing Market Price of each Basket Stock on a trading day multiplied by its Price Multiplier on that day, and the Component Ratio for each Basket Stock.

  • The New Stock Exchange Ratio(s) or Basket Stock Exchange Ratios resulting from any Reorganization Event described in paragraph 5 above or similar adjustment under paragraph 4 above shall be subject to the adjustments set forth in paragraphs 1 through 5 hereof.

  • A distribution on a Basket Stock described in clause (i), (iv) or (v) of paragraph 5 below that also constitutes an Extraordinary Dividend shall cause an adjustment to the Exchange Ratio pursuant only to clause (i), (iv) or (v) of paragraph 5, as applicable.

  • No adjustment to any Exchange Ratio (including for this purpose, any New Stock Exchange Ratio or Basket Stock Exchange Ratio) shall be required unless such adjustment would require a change of at least 0.1% in the Exchange Ratio then in effect.

  • The number of shares per Basket Stock will not be adjusted, however, unless such Ex-Dividend Date occurs after the Trade Date and on or before the Final Valuation Date.


More Definitions of Basket Stock

Basket Stock herein will be deemed to mean the following in respect of the applicable original Basket Stock, and for each share of Basket Stock, New Stock and/or Replacement Stock so deemed to constitute Basket Stock, the applicable Exchange Ratio will be equal to the applicable number indicated:
Basket Stock or “Underlying Stock” shall mean the common stock of each of Lockheed Martin Corporation, Raytheon Company and The Boeing Company.
Basket Stock or “Underlying Stock” shall mean the Class A common stock of Facebook, Inc., the common stock of Amazon.com, Inc., the common stock of Netflix, Inc. and the Class A common stock of Alphabet Inc.
Basket Stock means the common stock of AMR Corporation, Countrywide Credit Industries Inc. or Waste Management, Inc. "Basket Stocks" means all of such common stocks.

Related to Basket Stock

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Common Shares means the common shares in the capital of the Corporation;

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Company Shares means the common shares in the capital of the Company;

  • Buyer Stock means the common stock, par value $0.001 per share, of Buyer.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Purchaser Preferred Stock means the shares of preferred stock, par value $0.0001 per share, of the Purchaser.

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.