Examples of Observation Days in a sentence
The Transaction will be divided into two tranches (each, a “Tranche”), each with the terms set forth in this Confirmation, and in particular, with the Tranche Discount, Tranche Notional Amount and Observation Days set forth in the Pricing Supplement.
This will have a detrimental effect on the market value of the Notes.Where the Observation Days fall in a different chronological period from the Interest Period, the indices, formulae, currency exchange rates, rates or combination thereof which were used to determine the Index Ratio may be different from those which prevail at the time at which the interest amount is being paid.
The AEJ VS MCA – Annex IVS and Annex SVS both provide, for the purposes of an Observation Day and the Observation End Date only, that “a day shall not be a Scheduled Trading Day if it is known at any time before that day that an Exchange or Related Exchange is not scheduled to be open for trading for its regular trading session on that day.” Accordingly, for the purpose of Observation Days, the Relevant Date would not be a Scheduled Trading Day and, hence, would not be an Observation Day.
The "Variable Interest Rate" shall be the Digital Interest Rate multiplied by the number of Range Accrual Days and divided by the number of Range Observation Days, both within the respective Interest Barrier Observation Period.
If so, please provide 2019-2020 Inpatient Admissions Days and Observation Days separately.
Observation Days are defined in the European Variance Swap MCAs as “Each Scheduled Trading Day during the Observation Period, whether or not such day is a Disrupted Day.
Observation Days means is each day for which the EONIA interest rate is calculated by the European Central Bank and published by the European Money Market Institute.
Forward Cash Settlement Amount: For any Unwind Period, the arithmetic average of the 10b-18 VWAPs for each Exchange Business Day that is not a Disrupted Day of the Unwind Period relating to such settlement (provided that during any Overlap Unwind Period, only those Exchange Business Days that constitute Overlap Observation Days (as defined in Paragraph 7(s) below) shall be included in such calculation).
The Determining Party shall determine any Cancellation Amount with reference to mid-market price at which 2 leading independent dealers would enter into an equivalent Transaction on the date that the Transaction is cancelled using actual Index levels for Observation Days that have occurred.
This seems particularly true for key data sets, such as those collected on Coordinated Incoherent Scatter Observation Days.