Fractional Entitlement definition

Fractional Entitlement means, in respect of an Instrument, the fraction of the Deliverable Assets existing prior to the rounding down to the nearest whole number resulting from the calculation of the Deliverable Assets, rounded to the nearest four decimal places, with 0.00005 rounded upwards (or such other number of decimal places as specified in the relevant Pricing Supplement), as determined by the Calculation Agent, unless otherwise specified in the relevant Pricing Supplement;

Fractional Entitlement means an amount of securities or cash remaining following the calculation of whole entitlement based on the terms of a Corporate Action.

Fractional Entitlement means, in respect of an Instrument, the fraction of the Deliverable Assets existing prior to the rounding down to the nearest whole number resulting from the calculation of the Deliverable Assets, rounded to the nearest four decimal places, with 0.00005 rounded upwards (or such other Specified Decimal Place), as determined by the Calculation Agent;

Examples of Fractional Entitlement in a sentence

• In such circumstances, the Participating Asset that were not capable of being delivered shall, if and to the extent practicable, be sold by their custodian(s) and, if they are so sold, each Series Noteholder shall receive an amount in cash equal to such Sub-Series Noteholder’s pro rata share of the sale proceeds (such an amount, the "Fractional Entitlement").

• Where a Sub-Series Noteholder holds Notes in an aggregate nominal amount greater than the minimum Specified Denomination, the nominal amount of the Deliverable Property to be delivered in respect of such Notes shall be aggregated for the purposes of this Condition 9.11.3 (Fractional Entitlement).

• In the case of ETF Linked Warrants where the Entitlement or aggregate Entitlements of the same Warrant Holder comprise a fraction of the relevant Underlying ETF Share (the “Fractional Entitlement”), the Calculation Agent shall determine the cash adjustment due to the relevant Warrant Holder upon Exercise of the relevant ETF Linked Warrant(s) by multiplying the Fractional Entitlement by the result of (x) the Closing Price on the Delivery Valuation Date (y) less the Exercise Price.

• The Value of the Fractional Entitlement shall be determined by the Calculation Agent [by reference to the [Settlement Price] of the relevant [Share]].

• However, for partnerships to be implemented, there needs to be an understanding between the parties about the coherence of certain things, such as motives, elaborate interactions, and attitudes (Zineldin, 1996; Migdadi, 2021).

More Definitions of Fractional Entitlement

Fractional Entitlement means, in respect of an Instrument, the fraction of the Deliverable Assets existing prior to the rounding down to the nearest whole number resulting from the

Fractional Entitlement means an entitlement to a fraction of a Topco Ordinary Share.

Fractional Entitlement means the fraction of the Deliverable Assets existing prior to rounding down to the nearest whole number resulting from the calculation of the Deliverable Assets, rounded to the nearest four decimal places, with 0.00005 rounded upwards, as determined by the Calculation Agent, being if the Worst Performing Share is:

Fractional Entitlement means a right under the Plan to receive an additional cash sum calculated in accordance with:

Fractional Entitlement means an entitlement to a fraction of an Irish Holdco Ordinary Share.

Fractional Entitlement means, in respect of a Security, the fraction of the Physical Delivery Unit existing prior to the rounding down to the nearest whole number.

Fractional Entitlement means, in respect of each Certificate (of the Nominal Amount), the fraction of the Deliverable Assets existing prior to rounding down to the nearest four decimal places, with 0.00005 rounded upwards, as determined by the Calculation Agent, being, if the Worst Performing Share is: