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For more information visit our privacy policy.Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Reference Asset then the Initial Valuation Date for that Reference Asset will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.
Fair Market Value means, as of any date, the value of Common Stock determined as follows:
FR Value means, in respect of a ST FR Valuation Date, Worst Value.
rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;