Knockout Day definition

Knockout Day means any Trading Day during an Acceptance Period:
Sample 1Sample 2
Knockout Day means any Trading Day during a Pricing Period: (a) on
Sample 1
Knockout Day means any Trading Day during an Acceptance Period: (a) on which: (i) the amount equal to 50% of the VWAP is less than the applicable Minimum Acceptable Price or (ii) the Common Shares are not traded on the Exchange; or (b) in respect of which the Investor makes an election in accordance with clause 6.2(e);
Sample 1

Examples of Knockout Day in a sentence

  • The arithmetic average of the VWAP Prices for all Averaging Dates; provided that any Averaging Date that is a Knock-out Day shall be deemed not to be an Averaging Date for purposes of calculating the Settlement Price.

  • The subscription price for each Final Drawdown Share (“Subscription Price”) with respect to any Evaluation Period, will be equal to the higher of (i) the applicable Sales Price and (ii) ninety per cent (90%) of the average daily VWAP during the Evaluation Period, ignoring for the purposes of such calculation any Knockout Day and the VWAP on any Knockout Day.

  • With regard to any Evaluation Period, the Placement Price shall be ninety per cent (90%) of the higher of (i) the average of the Closing Bid Prices during such Evaluation Period (ignoring for such calculation any Knockout Day); and (ii) the applicable Fixed Market Price for such Evaluation Period, which per Share consideration shall not be less than the par value of the Shares.

  • For the purpose of calculating the Evaluation Period obligation, if there has been a Material Adverse Change (as defined in the Agreement) on any trading day during an Evaluation Period, the Investor shall be entitled, at its sole discretion, to elect to treat such trading day and any further trading days following such trading day during the relevant Evaluation Period as a Knockout Day.

  • View to the Future Issue 24 - Term 3 - Week 4 Friday, 10 August 201210 School Dates For Your Diary Day:Date:Event:Mon.13 AugustTouch Knock-out Day Active After School SportTues.14 AugustICAS Mathematics TestWed.15 AugustKariong Public Speaking Finals Thurs.

  • Knock-out Day: An Exchange Business Day in the Calculation Period (i) for which the VWAP Price exceeds the Knock-out Level and (ii) that is not a Disrupted Day in full; provided that there may be no more than the Maximum Number of Knock-out Days in the Calculation Period and, accordingly, once the Maximum Number of Knock-out Days is reached, no more Exchange Business Days in the Calculation Period shall be Knock-out Days.


More Definitions of Knockout Day

Knockout Day any Trading Day during a Pricing Period: (a) on which: (i) the amount equal to 90 per cent of the Closing Bid Price is less than the applicable Floor Price; or (ii) the Ordinary Shares are not traded on the Principal Market; or (b) in respect of which the Purchaser makes an election in accordance with clause 2.3;
Sample 1

Related to Knockout Day

  • Lockout Period if applicable, is defined in the Note.

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • RFR Business Day means as applicable, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to (i) Sterling, a day on which banks are open for general business in London and (ii) Euro, a TARGET Day.

  • Grace Period Business Day means a day on which commercial banks and foreign exchange markets are generally open to settle payments in the place or places and on the days specified for that purpose in the relevant Obligation and if a place or places are not so specified, in the jurisdiction of the Obligation Currency.

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.

  • LIBOR Business Day Any day on which banks in London, England and The City of New York are open and conducting transactions in foreign currency and exchange.

  • Sixty-Day Delinquency Rate As to any Payment Date, the percentage equivalent of a fraction, the numerator of which is the aggregate Principal Balance of (a) Mortgage Loans that are 60 or more days delinquent, (b) Mortgage Loans that are 60 or more days delinquent and in bankruptcy or foreclosure and (c) all REO Property, in each case, as of the last day of the preceding month, and the denominator of which is the Pool Balance as of the last day of the related Due Period.

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • polling day means the day fixed for holding the poll at an election;

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • SOFR Rate Day has the meaning specified in the definition of “Daily Simple SOFR”.

  • 60+ Day Delinquent Loan Each Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a Monthly Payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to an REO Property.

  • Settlement Day means the Business Day which is 2 Business Days after the relevant Dealing Day (or such Business Day as is permitted in relation to such Dealing Day pursuant to the Operating Guidelines) or such other number of Business Days after the relevant Dealing Day as determined by the Manager in consultation with the Trustee from time to time and notified to the relevant Participating Dealers or as otherwise described in the relevant Appendix.

  • Delinquency Event A Delinquency Event shall have occurred with respect to any Distribution Date if the Rolling Three Month Delinquency Rate as of the last day of the immediately preceding calendar month equals or exceeds 53.00% of the Senior Enhancement Percentage for such Distribution Date.

  • Payment Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business (including dealings in foreign exchange and foreign exchange currency deposits) in the principal financial centre for the Settlement Currency or if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) System is open;

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • Averaging Date means each date specified as an Averaging Date in the relevant Final Terms or, if such date is not a Scheduled Trading Day, the immediately succeeding Scheduled Trading Day unless such day is a Disrupted Day in the opinion of the Calculation Agent. If such day is a Disrupted Day, then:

  • Prepayment Period With respect to any Distribution Date, the calendar month preceding the calendar month in which such Distribution Date occurs.

  • Weekend means a Saturday and the following Sunday, assuring a minimum of fifty-six (56) hours off duty;

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • PRC Business Day means a day (other than a Saturday, Sunday or public holiday) on which commercial banks are generally open for business in Beijing;

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).