NPV Calculation Day definition

NPV Calculation Day means any Business Day on which no Price Event occurs. With respect to each year, the following days shall not qualify as NPV Calculation Days: New Year’s Day (1st January), Good Friday, Easter Monday, Labour Day (1st May), Christmas Eve (24th December), Christmas Day (25th December), St. Stephen's Day (26th December), New Year’s Eve (31st December) as well as Saturdays and Sundays. If there is no Price Level on a Business Day or if there is a Market Disruption Event, this day (if applicable also retroactively) is not considered an NPV Calculation Day.

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which the trading days on the Exchange are not shortened as planned (e.g., due to holidays in the country in which the Exchange has its registered seat)] [[on which] [as well as] no Price Event occurs]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th December),] [Christmas Day (25th December),] [St. Stephen's Day (26th December),] [New Year’s Eve (31st December)].] [other provisions] If there is no Price Level on a Business Day or if there is a Market Disruption Event, this day (if applicable also retroactively) is not considered an NPV Calculation Day.

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which Refinitiv Benchmark Services Limited (the "Relevant Reference Agent") generally fixes the WM/Refinitiv Closing Spot Rate (MID) for [Base Currency] 1.00 for [Counter Currency] (the "FX Fixing")]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th December),] [Christmas Day (25th December),] [St. Stephen's Day (26th December),] [New Year’s Eve (31st December)].] If there is no Price Level on a Business Day or if there is a Market Disruption Event, this day (if applicable also retroactively) is not considered an NPV Calculation Day.

Examples of NPV Calculation Day in a sentence

• As a rule, the Financing Component is negative and on each NPV Calculation Day, has a value-reducing effect on the NPV.

• In this context, the costs resulting from the per annum rate (IC Rate) are higher, the higher the Factor.A day on which the Underlying Price rises sharply compared with the last Reference Price determined and where therefore a Price Event occurs (i.e. the performance of the Underlying is equal to or greater than 15.00%), is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

• It should be noted that the higher the Factor, the higher the costs resulting from the per annum rate (IC Rate).A day on which the Underlying Price falls sharply compared with the last Reference Price determined and where therefore a Price Event occurs (i.e. the performance of the Underlying is equal to or greater than 15.00%), is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

• As a result, the NPV may develop worse than it would have done if the day on which the Price Event occurred had been an NPV Calculation Day.

• In the event of high fluctuations in the underlying, several Intraday Adjustments may also be necessary on one NPV Calculation Day.

• A day on which the Underlying Price rises sharply (for Long) or falls sharply (for Short) compared with the last Price Level determined and where therefore a Price Event occurs, is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

• A day on which the Underlying Price rises sharply (for Long) or falls sharply (for Short) compared with the last Reference Price determined and where therefore a Price Event occurs, is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

• It should be noted that the higher the Factor, the higher the costs resulting from the per annum rate (IC Rate).A day on which the Underlying Price rises sharply compared with the last Reference Price determined and where therefore a Price Event occurs (i.e. the performance of the Underlying is equal to or greater than 15.00%), is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

More Definitions of NPV Calculation Day

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which no Price Event occurs]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),]

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which the trading days on the Exchange are not shortened as planned (e.g., due to holidays in the country in which the Exchange has its registered seat)]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th December),] [Christmas Day (25th December),] [St. Stephen's Day (26th December),] [New Year’s Eve (31st December)].] If there is

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which [Refinitiv Benchmark Services Limited][other provision] (the "Relevant Reference Agent") generally fixes the [WM/Refinitiv Closing Spot Rate (MID) for [Base Currency] 1.00 for [Counter Currency]] [other provisions] (the "FX Fixing")] [[on which] [as well as] no Price Event occurs]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which the trading days on the Exchange are not shortened as planned (e.g. due to holidays in the country in which