Premium Determination definition

Premium Determination. Beginning on the Trade Date, Citibank or an affiliate of Citibank shall effect, for the account of Citibank, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by Citibank with respect to this Transaction, as well as the amount of the Premium payable by Citibank to Company with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”) and shall within one Currency Business Day from the last day of the Hedging Period notify Company of the amount of the Premium. Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Procedures for Exercise: Expiration Time: The Valuation Time Expiration Date(s): Each Scheduled Trading Day during the period from and including the First Expiration Date and to and including the 49th Scheduled Trading Day following the First Expiration Date shall be an “Expiration Date” for a number of Warrants equal to the Daily Number of Warrants on such date; provided that, notwithstanding anything to the contrary in the Equity Definitions, if any such date is a Disrupted Day, the Calculation Agent shall make adjustments, if applicable, to the Daily Number of Warrants or shall reduce such Daily Number of Warrants to zero for which such day shall be an Expiration Date and shall designate a Scheduled Trading Day or a number of Scheduled Trading Days as the Expiration Date(s) for the remaining Daily Number of Warrants or a portion thereof for the originally scheduled Expiration Date; and provided further that if such Expiration Date has not occurred pursuant to this clause as of the eighth Scheduled Trading Day following the last scheduled Expiration Date under this Transaction, the Calculation Agent shall have the right to declare such Scheduled Trading Day to be the final Expiration Date and the Calculation Agent shall determine its good faith estimate of the fair market value for the Shares as of the Valuation Time on that eighth Scheduled Trading Day or on any subsequent Scheduled Trading Day, as the Calculation Agent shall determine using commercially reasonable means. First Expiration Date: October 15, 2014 (or if such day is not a Scheduled Trading Day, the next following Scheduled Trading Day), subject to Market Disruption Event below.
Sample 1
Premium Determination. Beginning on the Trade Date, MSIL or an affiliate of MSIL shall effect, for the account of MSIL, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by MSIL with respect to this Transaction, as well as the amount of the Premium payable by MSIL to the Company with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”) and shall within one Currency Business Day from the last day of the Hedging Period notify the Company of the amount of the Premium. Exchange: NASDAQ National Market Related Exchange(s): The principal exchange(s) for options contracts or futures contracts, if any, with respect to the Shares Exercise and Valuation:
Sample 1
Premium Determination. Beginning on the Trade Date, Dealer or an affiliate of Dealer shall effect, for the account of Dealer, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by Dealer with respect to this Transaction, as well as the amount of the Premium payable by Counterparty to Dealer with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”), and shall within one Currency Business Day from the last day of the Hedging Period notify Counterparty of the amount of the Premium. Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Procedures for Exercise: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Settlement Averaging Period in respect of such Conversion Date; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after June 1, 2014, the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.
Sample 1

Examples of Premium Determination in a sentence

  • Worksheet – Method 3 Use this worksheet to determine if proposed exclusions are less than or equal to 15% of the group’s total written premium when using Premium Determination Method 3.

  • Use this worksheet to determine if proposed exclusions are less than or equal to 15% of the group’s total written premium when using Premium Determination Method 1.

  • For details on Premium Determination Method 1 and all other premium determination methods, refer to Business Exclusion Option in the General Rules section of this manual.

  • Each Supply of Products must include, when applicable: the relevant certification/declaration of origin; declaration of Pag.

  • For details on Premium Determination Method 2 and all other premium determination methods, refer to Business Exclusion Option in the General Rules section of this manual.

  • If using Premium Determination Methods 1, 2 or 3, complete the corresponding Premium Verification Worksheet.

  • Worksheet – Method 2 Use this worksheet to determine whether proposed exclusions are less than or equal to 15% of the group’s total written premium when using Premium Determination Method 2.

  • Premium Determination Pro rate all changes requiring adjustment of the policy premium at the rate used to calculate the policy premium at inception.

  • If using Premium Determination Method 3, complete the Gross Premium Estimation Worksheet.

  • Premium Determination ......................................................................................


More Definitions of Premium Determination

Premium Determination. Beginning on the Trade Date, JPMorgan or an affiliate of JPMorgan shall effect, for the account of JPMorgan, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by JPMorgan with respect to this Transaction, as well as the amount of the Premium payable by JPMorgan to the Company with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”) and shall within one Currency Business Day from the last day of the Hedging Period notify the Company of the amount of the Premium. Exchange: NASDAQ National Market Related Exchange(s): The principal exchange(s) for options contracts or futures contracts, if any, with respect to the Shares Exercise and Valuation:
Sample 1
Premium Determination. Beginning on the Trade Date, Citibank or an affiliate of Citibank shall effect, for the account of Citibank, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by Citibank with respect to this Transaction, as well as the amount of the Premium payable by the Counterparty to Citibank with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”), and shall within one Currency Business Day from the last day of the Hedging Period notify the Counterparty of the amount of the Premium. Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Procedures for Exercise: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Settlement Averaging Period in respect of such Conversion Date; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after June 1, 2014, the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.
Sample 1

Related to Premium Determination

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Initial determination means the first child custody determination concerning a particular child.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Final Determination Date means the following:

  • Adverse Benefit Determination means any of the following:

  • TIA Applicability Determination As defined in Section 12.12.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Final Recovery Determination With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Responsible Party as contemplated by this Agreement), a determination made by the Servicer that all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other payments or recoveries which the Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. The Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two (2) Business Days prior to the first day of such Interest Period.

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Make-Whole Payment means, with respect to any Series 2019-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2019-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2019-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.