Market Measure Business Day definition

Market Measure Business Day means a day on which:

Market Measure Business Day means a day on which (1) the New York Stock Exchange (the “NYSE”), the American Stock Exchange and the Nasdaq Stock Market are open for trading and (2) the Market Measure or any successor thereto is calculated and published.

Market Measure Business Day means a day on which (1) the New York Stock Exchange (the “NYSE”) and the Nasdaq Stock Market (or any successor to the foregoing exchanges) are open for trading and (2) the Market Measure or any successor thereto is calculated and published.

Examples of Market Measure Business Day in a sentence

• If no such days occur prior to the second scheduled Market Measure Business Day before the maturity date of the MITTS, the Ending Value will be determined (or, if not determinable, estimated) by the calculation agent on the second scheduled Market Measure Business Day before the maturity date of the MITTS in a manner which the calculation agent considers commercially reasonable under the circumstances.

• If a Market Disruption Event occurs or is continuing on any scheduled Market Measure Business Day during the Valuation Period, such day will not be considered within the Valuation Period for purposes of determining whether the closing level of the Market Measure remains within the Range.

• If a Market Disruption Event occurs or is continuing on the second scheduled Market Measure Business Day prior to the Stated Maturity, then the closing level of the Market Measure will be determined by the Calculation Agent (or, if not determinable, estimated by the Calculation Agent) in a manner which is considered commercially reasonable under the circumstances.

• If the closing level of the Market Measure is within the Range on each Market Measure Business Day during the Valuation Period, the Holder shall be entitled to receive the Contingent Supplemental Payment.

• CALCULATION PERIOD: The five scheduled Market Measure Business Days from and including the seventh scheduled Market Measure Business Day preceding the Maturity Date to and including the third scheduled Market Measure Business Day preceding the Maturity Date.

More Definitions of Market Measure Business Day

Market Measure Business Day means a day on which the official settlement price of the Gold Futures Contract or any successor thereto is determined and published.

Market Measure Business Day means a day on which (1) the New York Stock Exchange (the “NYSE”) and The NASDAQ Stock Market (the “NASDAQ”), or their successors, are open for trading and (2) the Market Measure or any successor thereto is calculated and published. Unless otherwise specified in the applicable term sheet, a “trading day” is a day, as determined by the calculation agent, on which trading is generally conducted (or was scheduled to have been generally conducted, but for the occurrence of a Market Disruption Table of Contents Event) on the NYSE, the NASDAQ, the Chicago Mercantile Exchange, the Chicago Board Options Exchange, and in the over-the-counter market for equity securities in the United States, or any successor exchange or market, or in the case of a security traded on one or more non-U.S. securities exchanges or markets, on the principal non-U.S. securities exchange or market for such security. If the notes (other than bear notes) are not called prior to the maturity date, then subject to our credit risk as issuer of the notes, and unless the applicable term sheet provides otherwise, you will receive a Redemption Amount per unit of notes that you hold, denominated in U.S. dollars. The Redemption Amount will be calculated as follows: • If the Ending Value is equal to or greater than the Threshold Value, then the Redemption Amount will equal the Original Offering Price per unit; or • If the Ending Value is less than the Threshold Value, then the Redemption Amount will equal: Original Offering Price + ( Original Offering Price x ( Ending Value - Threshold Value ) x Leverage Factor ) If the notes are bear notes and they are not called prior to the maturity date, then the Redemption Amount will be calculated as follows: • If the Ending Value is equal to or less than the Threshold Value, then the Redemption Amount will equal the Original Offering Price per unit; or • If the Ending Value is greater than the Threshold Value, then the Redemption Amount will equal: Original Offering Price + ( Original Offering Price x ( Threshold Value - Ending Value ) x Leverage Factor ) The “Threshold Value” represents a percentage of the Starting Value and will be determined on the pricing date and set forth in the applicable term sheet. The “Leverage Factor” represents a percentage of any decline (or, in the case of bear notes, any increase) beyond the Threshold Value and will be set forth in the applicable term sheet. The Leverage Factor may equal 100% and will not be greater than a numbe...

Market Measure Business Day means any day on which the LBMA or any successor thereto is scheduled to determine the Gold Spot Price.

Market Measure Business Day means a day on which (1) the New York Stock Exchange (the “NYSE”) and The NASDAQ Global Market (“NASDAQ”), or their successors, are open for trading and (2) the Market Measure or any successor thereto is calculated and published.

Market Measure Business Day means a day on which the Silver Spot Price or any successor thereto is determined and published.

Market Measure Business Day means a day on which the Market Measure or any successor thereto is calculated and published.

Market Measure Business Day. Any Trading Day TRADING DAY: A day, as determined by the Calculation Agent, on which trading is generally conducted (or was scheduled to have been generally conducted, but for the occurrence of a Market Disruption Event (as defined herein)) on the New York Stock Exchange (“NYSE”), the American Stock Exchange, the Nasdaq Stock Market (“Nasdaq”), the Chicago Mercantile Exchange, the Chicago Board Options Exchange, in the over-the-counter market for equity securities in the United States, or any successor exchange or market, or in the case of a security traded on one or more non-U.S. securities exchanges or markets, on the principal non-U.S. securities exchange or market for such security. BANKING BUSINESS DAY: Any day other than a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close or a day on which transactions in U.S. dollars are not conducted. OTHER PROVISIONS: N/A Xxxxxxx Xxxxx & Co., Inc., a Delaware corporation (hereinafter referred to as the “Company”, which term includes any successor corporation under the Indenture herein referred to), for value received, hereby promises to pay to CEDE & CO., or its registered assigns, the Redemption Amount (as defined below) per Unit on the Stated Maturity. Payment or delivery of the Redemption Amount and any interest on any overdue amount thereof with respect to this Global Note shall be made at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.