Initial Hedge Period definition

Initial Hedge Period. As specified in Schedule A Hedging Price: The arithmetic average of the 10b-18 VWAPs for all Scheduled Hedging Days during the Initial Hedge Period. Exchange: New York Stock Exchange Related Exchange: All Exchanges
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Initial Hedge Period. As set forth in the Trade Notification, the period from and including the first Observation Date that is a Trading Day that occurs after the Trade Date to and including the Initial Hedge Completion Date.
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Initial Hedge Period shall have the meaning given that term in section 3.1.2.
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Examples of Initial Hedge Period in a sentence

  • Additional Xxxxxx (each, a "Subsequent Hedge") shall be required for the lesser of (i) three (3) years, or (ii) the remaining term of the Note, upon the expiration of the Cap in place for the Initial Hedge Period.

  • The Hedge for the initial DMBS shall be a Cap for a period beginning on the date of this Note and ending not earlier than the date which is the third anniversary of the date of this Note (the "Initial Hedge Period").

  • Counterparty represents and warrants that neither it nor any affiliated purchaser has made any purchases of blocks pursuant to the proviso in Rule 10b-18(b)(4) during the four full calendar weeks immediately preceding the start of the Initial Hedge Period.

  • Except as set forth in the two immediately preceding sentences of this Section 8(a), any modification to the Hedge Transaction during the Initial Hedge Period, shall require the prior written consent of the Company, which consent shall not be unreasonably withheld.

  • After the Initial Hedge Period, any Permitted Amendment or any other amendment to the Hedge Transaction, other than an amendment that increases the number of shares of Common Stock subject to such hedge (excluding customary adjustments for corporate actions or actions listed on Schedule I made by the calculation agent/hedging counterparty in its sole discretion, for which no prior written consent of the Company is required), shall not require the prior written consent of the Company.

  • The period from and including the first Trading Day that occurs after the Trade Date to and including the Initial Hedge Completion Date Initial Hedge Completion Date: The date on which MSCO completes its initial hedge, as determined by MSCO in its sole discretion Initial Hedge Period Reference Price: A price per share (as determined by the Calculation Agent) equal to the average price at which MSCO purchases the Shares constituting its initial hedge.

  • Additional Xxxxxx (each, a "Subsequent Hedge") shall be required for the lesser of (i) three (3) years, or (ii) the remaining term of the Note, upon the aspiration of the Cap in place for the Initial Hedge Period.

  • The Forward Cap Price equals 105.4% of the Initial Hedge Period Reference Price.

  • The Forward Floor Price equals 90% of the Initial Hedge Period Reference Price.

  • Science is considered as a hypothetico- deductive activity, implying that empirical observations must be framed as deductive consequences of a general theory or scientific law.


More Definitions of Initial Hedge Period

Initial Hedge Period. The period (the “Initial Hedge Period”) commencing on August 20, 2007 and ending on the Exchange Business Day on which Party A completes the purchase of a number of Shares necessary to establish its initial hedge position with respect to the Transaction (such date, the “Hedge Period End Date”). On the 1st Scheduled Trading Day immediately following the Hedge Period End Date, Party A shall provide written notice (the “Confirmation Pricing Supplement”) to Party B in substantially the form attached hereto as Exhibit A, of the Hedging Price, Maximum Shares, Minimum Shares and first day of the Trading Period. Upon receipt of the Confirmation Pricing Supplement, Party B shall promptly execute and return the Confirmation Pricing Supplement to Party A; provided that Party B’s failure to so execute and return the Confirmation Pricing Supplement shall not affect the binding nature of the Confirmation Pricing Supplement, and the terms set forth therein shall be binding on Party B to the same extent, and with the same force and effect, as if Party B had executed a written version of the Confirmation Pricing Supplement. Hedging Price: The arithmetic average of the 10b-18 VWAPs for all Scheduled Trading Days in the Initial Hedge Period. Exchange: NASDAQ Global Select Market Related Exchange: All Exchanges
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Initial Hedge Period shall have the meaning set forth in Section 7.1(1) hereof.
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Initial Hedge Period means the period beginning on (and including) the Initial Hedge Start Date and ending on (and including) the Initial Hedge Completion Date.
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Initial Hedge Period. The period (the “Initial Hedge Period”) commencing on the Scheduled Trading Day immediately following the Trade Date and ending on the Exchange Business Day on which Party A completes the purchase of a number of Shares (the “Hedge Shares”) necessary to establish its initial hedge position with respect to this Transaction but in any event no later than 40 Exchange Business Days following the Initial Purchase Settlement Date (such date, the “Hedge Period End Date”). On the 1st Scheduled Trading Day immediately following the Hedge Period End Date, Party A shall provide written notice (the “Confirmation Pricing Supplement”) to Party B in substantially the form attached hereto as Exhibit A, of the Hedging Price, Cap Price, Floor Price and first day of the Trading Period. Upon receipt of the Confirmation Pricing Supplement, Party B shall promptly execute and return the Confirmation Pricing Supplement to Party A; provided that Party B’s failure to so execute and return the Confirmation Pricing Supplement shall not affect the binding nature of the Confirmation Pricing Supplement, and the terms set forth therein, if accurately determined pursuant to the terms of this Confirmation, shall be binding on Party B to the same extent, and with the same force and effect, as if Party B had executed a written version of the Confirmation Pricing Supplement. Hedging Price: The arithmetic average of the 10b-18 VWAP for all Scheduled Trading Days in the Initial Hedge Period. Prepayment: Not Applicable Variable Obligation: Not Applicable Exchange: NASDAQ Global Select Market Related Exchange: All Exchanges Trading Period: The period of consecutive Scheduled Trading Days from and including the first Scheduled Trading Day following the Hedge Period End Date to and including the Maximum Maturity Date, as specified in Schedule A; provided that, Party A may designate any Scheduled Trading Day on or after the Minimum Maturity Date, as specified in Schedule A, as the last Scheduled Trading Day of the Trading Period; provided further that such designated day is also designated as the last day of the Trading Period under the transaction (Global Deal ID: 3331073) (the “Related Confirmation”) entered into between Party A and Party B concurrently with this Transaction. Party A shall notify Party B of any designation made pursuant to this provision on the Scheduled Trading Day immediately following such designated day. Trading Day: Any Scheduled Trading Day that is not a Disrupted Day.
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Initial Hedge Period means the period from the Initial Closing Date to five years thereafter.
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Initial Hedge Period. The period (the “Initial Hedge Period”) commencing on, and including, the Scheduled Trading Day immediately following the Trade Date and ending on, and including the Scheduled Trading Day on which Barclays completes the purchase of a number of Shares (the “Hedge Shares”) necessary to establish its initial hedge position with respect to the Transaction (such date, the “Hedge Period End Date”); provided, that if, on any Scheduled Trading Day, the Hedging Price (calculated as if such Scheduled Trading Day were the last day in the Initial Hedge Period) is equal to or greater than USD [****] on such Scheduled Trading Day and each of the nine immediately preceding Scheduled Trading Days during the Initial Hedge Period (a “Hedging Price Termination”), the Transaction shall be terminated and Barclays shall promptly (but in no event later than the Scheduled Trading Day immediately following such 10th consecutive Scheduled Trading Day (the “Hedging Price Termination Date”)) provide written notice to Counterparty of such Hedging Price Termination. Upon a Hedging Price Termination (i) if the number of Hedge Shares purchased by Barclays during the period beginning on, and including, the first Scheduled Trading Day of the Initial Hedge Period and ending on, and including, the Hedging Price Termination Date is greater than the Initial Shares, Barclays shall deliver to Counterparty on the third Exchange Business Day immediately following the Hedging Price Termination Date the excess of such number of Hedge Shares over the Initial Shares and (ii) Barclays shall pay to Counterparty on the third Exchange Business Day immediately following, if clause (i) above is applicable, the Hedging Price Termination Date, or otherwise, the last Scheduled Trading Day of the Termination Purchase Period an amount in USD (the “Refund Amount”) equal to (A) (1) the Prepayment Amount, plus (2) the Additional Payment, minus (B) (1) the aggregate purchase price paid by Barclays in respect of the Hedge Shares purchased by Barclays during the period beginning on, and including, the first Scheduled Trading Day of the Initial Hedge Period and ending on, and including, the Hedging Price Termination Date, plus (2) if, and only if, the number of Hedge Shares purchased by Barclays during the period beginning on, and including, the first Scheduled Trading Day of the Initial Hedge Period and ending on, and including, the Hedging Price Termination Date is less than the number of Initial Shares, the product ...
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Related to Initial Hedge Period

  • Forward Hedge Selling Period means, subject to Section 2(c) hereof, the period of one to 20 consecutive Trading Days (as determined by the Company in the Company’s sole discretion and specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable) specifying that it relates to a “Forward”) beginning on the date specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable) or, if such date is not a Trading Day, the next Trading Day following such date and ending on the last such Trading Day or such earlier date on which the Forward Seller shall have completed the sale of Forward Hedge Securities in connection with the applicable Forward; provided that if, prior to the scheduled end of any Forward Hedge Selling Period (x) any event occurs that would permit the Forward Purchaser to designate a “Scheduled Trading Day” as an “Early Valuation Date” (as each such term is defined in the Master Forward Confirmation) under, and pursuant to the provisions opposite the caption “Early Valuation” in Section 2 of the Master Forward Confirmation or (y) a “Bankruptcy Termination Event” (as such term is defined in the Master Forward Confirmation) occurs, then the Forward Hedge Selling Period shall, upon the Forward Seller becoming aware of such occurrence, immediately terminate as of the first such occurrence. Any Forward Hedge Selling Period then in effect shall immediately terminate upon the termination of this Agreement pursuant to Section 9 or Section 13 hereof and as set forth in Sections 2(b) and 4 hereof.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Forward Hedge Selling Commission Rate means, for any Forward Contract, a rate mutually agreed to between the Company, the Forward Seller and the Forward Purchaser and recorded in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable), up to 2.0%.

  • Financing Period means the number of calendar days from, but excluding, the immediately preceding Reset Date to, and including, the current Reset Date.

  • Hedge Termination Value means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender).

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Consent Period has the meaning set forth in Section 4.6(a).

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Acquisition Period means the period ending five (5) business days prior to

  • Agreement Period means the period between the Agreement Date and the Expiry Date, unless terminated earlier on the Termination Date;

  • Cash Sweep Period means each period commencing on the occurrence of a Cash Sweep Event and continuing until the earlier of (a) the Payment Date next occurring following the related Cash Sweep Event Cure, or (b) until payment in full of all principal and interest on the Loan and all other amounts payable under the Loan Documents.

  • Issuance Period shall have the meaning specified in paragraph 2B(2).

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Cover Period means the period from the cover start date to the cover end date.

  • Remarketing Period means the three Business Day period either (i) beginning on the Remarketing Date and ending after the two immediately following Business Days; (ii) immediately preceding October 1, 2004; or (iii) immediately preceding November 16, 2004.

  • Forward Hedge Price means, for any Forward Contract, the product of (x) an amount equal to one (1) minus the Forward Hedge Selling Commission Rate for such Forward Contract; and (y) the Volume-Weighted Hedge Price.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Scheduled Commitment Termination Date means March 21, 2023March 28, 2022.

  • Forward Hedge Amount means, for any Forward, the amount specified as such in the Placement Notice for such Forward (as amended by the corresponding Acceptance, if applicable), which amount shall be the target Aggregate Sales Price of the Forward Hedge Securities to be sold by the Forward Seller or an Alternative Forward Seller in respect of such Forward, subject to the terms and conditions of this Agreement or the Alternative Distribution Agreement, as applicable.

  • Scheduled Black-Out Period means the period from and including the last day of a fiscal quarter of the Company to and including the business day after the day on which the Company publicly releases its earnings for such fiscal quarter.

  • First Reset Period means the period from (and including) the First Reset Date until (but excluding) the Second Reset Date or, if no such Second Reset Date is specified in the applicable Final Terms, the Maturity Date;

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Controlled Accumulation Period means, unless a Pay-Out Event shall have occurred prior thereto, the period commencing at the close of business on the last day of the August 2020 Monthly Period or such later date as is determined in accordance with subsection 4.03(c) and ending on the first to occur of (a) the commencement of the Early Amortization Period, (b) the payment in full of the Invested Amount and (c) the Expected Final Payment Date.