Examples of First Calculation Date in a sentence
At the Second Calculation Date, if a payment has been made at the First Calculation Date under either element, the hurdle for that element at the Second Calculation Date will be re-set to be based on the prevailing EPRA NAV per Ordinary Share/share price as at the First Calculation Date (as applicable).
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At the First Calculation Date, the share price element and the EPRA NAV element hurdle will be calculated by reference to the Placing Price of 115.0 pence.
If the First Vesting Ratio is equal to or greater than one, then the First Block of Shares shall become Vested Shares on the First Calculation Date.
If the First Vesting Ratio is less than one, then a number of Shares equal to the product of (X) the First Block of Shares multiplied by (Y) the First Vesting Ratio, rounded to the nearest whole Share shall become Vested Shares on the First Calculation Date.