Disrupted Trading Day definition

Disrupted Trading Day means a Trading Day on which shares of Common Stock experience any of the following during the one-hour period ending at the conclusion of the regular Trading Day: (a) any suspension of or limitation imposed on the trading of shares of Common Stock on any national or regional securities exchange or association or over-the-counter market; (b) any event (other than an event listed under subsection (c) below) that disrupts or impairs the ability of market participants in general to (i) effect transactions in or obtain market values for shares of Common Stock on any relevant national or regional securities exchange or association or over-the-counter market or (ii) effect transactions in or obtain market values for futures or options contracts relating to shares of Common Stock on any relevant national or regional securities exchange or association or over-the-counter market; or (c) any relevant national or regional securities exchange or association or over-the-counter market on which shares of Common Stock trade closes on any exchange Trading Day prior to its scheduled closing time unless such earlier closing time is announced by the exchange at least one hour prior to the earlier of (i) the actual closing time for the regular trading session on such exchange and (ii) the submission deadline for orders to be entered into the exchange for execution on such Trading Day.
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Disrupted Trading Day means a Trading Day in which any of the following events occurs:
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Disrupted Trading Day means a Trading Day on which Common Shares experience any of the following during the one-hour period ending at the conclusion of the regular Trading Day: (a) any suspension of or limitation imposed on the trading of Common Shares on any national or regional securities exchange or association or over-the-counter market; (b) any event (other than an event listed under subsection (c) below) that disrupts or impairs the ability of market participants in general to (i) effect transactions in or obtain market values for Common Shares on any relevant national or regional securities exchange or association or over-the-counter market or (ii) effect transactions in or obtain market values for futures or options contracts relating to Common Shares on any relevant national or regional securities exchange or association or over-the-counter market; or (c) any relevant national or regional securities exchange or association or over-the-counter market on which Common Shares trade closes on any exchange Trading Day prior to its scheduled closing time unless such earlier closing time is announced by the exchange at least one hour prior to the earlier of (i) the actual closing time for the regular trading session on such exchange and (ii) the submission deadline for orders to be entered into the exchange for execution on such Trading Day.
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Examples of Disrupted Trading Day in a sentence

  • Accumulated Value Changet = Accumulated Valuet-1 x Leverage Factor x (Reference Pricet – Reference Pricet-1)/ Reference Pricet-1 Reference Price0 = Reference Price on the Scehduled Trading Date immediately preceding the Listing Date which is not a Disrupted Trading Day.

  • Reference Pricet-1 = Reference Price as per the previous Scheduled Trading Day which is not a Disrupted Trading Day.

  • Accumulated Value: Expressed in DKK and computed each day which is a Scheduled Trading Day, which is not a Disrupted Trading Day, and a Business Day, commencing on the Listing Date up to and including the Expiration Date in accordance with the formula below: Accumulated Valuet = (Accumulated Valuet-1 + Accumulated Value Changet + Accumulated Financingt) Accumulated Value0 = Initial Price Accumulated Valuet-1 = Accumulated Value as at the previous Scheduled Trading Day which is not a Disrupted Trading Day.

  • The "Accumulated Value" will be an amount in the relevant Currency calculated on each Accumulated Value Calculation Day which is not a Disrupted Trading Day falling on or after the Business Day next following the Commencement Date, up to and including the Expiration Date (the "Accumulated Value Calculation Period").

  • The value as specified in the Final Terms or, if "Cumulative RedemptionPrice" is specified, the Redemption Price will be a price calculated on each Scheduled Trading Day which is not a Disrupted Trading Day (a "Redemption Price Calculation Date"), commencing on the Commencement Date and up to and including the Expiration Date.

  • In the event that fewer than the Number of Trading Hours remains until the official closing of the Reference Source on the day an Early Expiration Event occurs and/or a Market Disruption occurs, the period for calculation of the Closing Price shall continue on the next Scheduled Trading Day (which is not a Disrupted Trading Day), until the Number of Trading Hours after the Early Expiration Event have been observed by the Issuer.

  • The construction of a pipeline that would transport oil from the South to Port Sudan (in the North) started in 1998, and by mid- 1999 it was already operational.

  • If, after a Stop Loss Event has occurred, there is no Scheduled Trading Day which is not a Disrupted Trading Day and/or if a Market Disruption continues for more than five calendar days after a Stop Loss Event, the Issuer shall determine the Closing Price or Reference Price in a commercially reasonable manner.

  • In the event that fewer than the Number of Trading Hours remains until the official closing of the Reference Source on the day a Stop Loss Event occurs, and/or a Market Disruption occurs, the period for calculation of the Closing Price or Reference Price shall continue on the next Scheduled Trading Day (which is not a Disrupted Trading Day), until the Number of Trading Hours after the Stop Loss Event have been observed by the Issuer.

  • The value as specified in the Final Terms or, if "CumulativeRedemption Price" is specified, the Redemption Price will be a price calculated on each Scheduled Trading Day which is not a Disrupted Trading Day (a "Redemption Price Calculation Date"),commencing on the Listing Date and up to and including the Expiration Date.


More Definitions of Disrupted Trading Day

Disrupted Trading Day means, unless otherwise stated in Final Terms, for each Underlying:
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Related to Disrupted Trading Day

  • Last Trading Day means, for a particular Contract, the last date on which that Contract may be traded on the Market.

  • VWAP Trading Day means a day on which (A) there is no VWAP Market Disruption Event; and (B) trading in the Common Stock generally occurs on the principal U.S. national or regional securities exchange on which the Common Stock is then listed or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, on the principal other market on which the Common Stock is then traded. If the Common Stock is not so listed or traded, then “VWAP Trading Day” means a Business Day.

  • Scheduled Trading Day means a day that is scheduled to be a Trading Day on the principal U.S. national or regional securities exchange or market on which the Common Stock is listed or admitted for trading. If the Common Stock is not so listed or admitted for trading, “Scheduled Trading Day” means a Business Day.

  • Trading Day means a day on which the principal Trading Market is open for trading.

  • Disrupted Day means any Scheduled Trading Day on which the Exchange or any Related Exchange fails to open for trading during its regular trading session or on which a Market Disruption Event has occurred.

  • Trading Date means the closing of the first sale to the general public of the Shares pursuant to a registration statement filed with and declared effective by the U.S. Securities and Exchange Commission under the Securities Act.

  • Trading Disruption means any suspension of or limitation imposed on trading by the Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the Exchange or Related Exchange or otherwise (i) relating to the Share on the Exchange or (ii) in futures or options contracts relating to the Share on any Related Exchange.

  • Public Trading Date means the first date upon which Common Stock is listed (or approved for listing) upon notice of issuance on any securities exchange or designated (or approved for designation) upon notice of issuance as a national market security on an interdealer quotation system.

  • Event Market Price means, with respect to any Stock Combination Event Date, the quotient determined by dividing (x) the sum of the VWAP of the Common Stock for each of the five (5) Trading Days with the lowest VWAP of the Common Stock during the fifteen (15) consecutive Trading Day period ending and including the Trading Day immediately preceding the sixteenth (16th) Trading Day after such Stock Combination Event Date, divided by (y) five (5).

  • Major Trading Area or "MTA" means Major Trading Area as defined by the FCC in 47 C.F.R. Part 24.202.

  • Trading Period has the meaning set out in the TSC;

  • Disruption Event means either or both of:

  • Average Trading Price means, with respect to any period, the average of the Market Prices on the last trading day of each full or partial calendar quarter included within such period.

  • Free Trading means that (a) the Exchange Shares have been cleared and approved for public resale by the compliance departments of Lender’s brokerage firm and the clearing firm servicing such brokerage, and (b) such shares are held in the name of the clearing firm servicing Lender’s brokerage firm and have been deposited into such clearing firm’s account for the benefit of Lender.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Subsequent Market means the New York Stock Exchange, American Stock Exchange, Nasdaq SmallCap Market or Nasdaq National Market.

  • Non-Trading Operation means any operation involving the deposit of funds, withdrawal from a Client's Account or the provision (return) of Credit.

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • Reference Market Price shall initially mean $25.165 and, in the event of any adjustment to the Conversion Price pursuant to Sections 15.5(a), (b), (c), (d), (e), (f) or (g), the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $25.165 to the initial Conversion Price specified in the form of Debenture attached hereto (without regard to any adjustment thereto).

  • First Trading Date means 15 November 2022.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Trading Hours means the hours of trading as set forth on the Trading Platform for a particular Underlying Asset.

  • Average Market Price means, with respect to any security, the arithmetic average of the Market Price of such security for the 15 consecutive trading day period ending on and including the trading day immediately preceding the determination date.