Issuance Valuation Date definition

Issuance Valuation Date means the last calendar day, whether or not such day is a Business Day, that precedes any Issuance Date. In the case of any Creation Order placed (i) on a Distribution Date, or (ii) on the Business Day succeeding a Distribution Date, the Issuance Date shall occur on the third Business Day that follows the related Issuance Order Date and, accordingly, the related Issuance Valuation Date shall occur on the last calendar day preceding such third Business Day.
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Examples of Issuance Valuation Date in a sentence

  • Up MacroShares will be issued at the Per Share Underlying Value of the existing Up MacroShares on the Issuance Valuation Date preceding the relevant Issuance Date.

  • Down MacroShares will be issued at the Per Share Underlying Value of the existing Down MacroShares on the Issuance Valuation Date preceding the relevant Issuance Date.

  • All subsequent offers to purchase ELEMENTS of such series accepted by the Issuer will be settled on the fourth Business Day following the Issuance Valuation Date pursuant to the timetable for settlement set forth below, unless the Issuer and the purchaser, after consultation with the Trustee, agree to settlement on a different date.

  • The initial offer to purchase a series of ELEMENTS accepted by the Issuer will be settled on the fifth Business Day following the Issuance Valuation Date.

Related to Issuance Valuation Date

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share 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.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Note Value means, with respect to any day, the present value of the unpaid Scheduled Payments on the Receivables, discounted at an annual rate equal to 4.75%. For purposes of calculating Note Value, in the case of a defaulted Receivable: (a) prior to the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the Scheduled Payments on such Receivable will be computed based on the amounts that would have been the Scheduled Payments had such default not occurred; (b) at the earlier of the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the amount added to the Note Value with respect to such Receivable will be the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures and (c) after the time such defaulted Receivable becomes a Liquidated Receivable, and after the payment of a Purchase Amount in respect of a Purchased Receivable, there shall be deemed to be no Scheduled Payments due on such Receivable.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Issuance Date means the date hereof.