Price Determination Day definition

Price Determination Day means each day on which the Applicable Reference Price of Crude Oil is established.
Price Determination Day. Has the meaning set forth in the Up-MACRO Holding Trust Agreement and the Down-MACRO Holding Trust Agreement.
Price Determination Day means each business day (i.e., each day on which the NYMEX's open outcry exchange is open for trading) and, for any day that is not a business day, the last preceding business day.

Examples of Price Determination Day in a sentence

  • For purposes of calculating the foregoing amounts on any Price Determination Day, any Paired Optional Redemptions or Paired Issuances scheduled to settle on such Price Determination Day shall be taken into account.

  • The Administrative Agent shall post all of the information calculated and provided to it by the Trustee pursuant to this Section 8.1(b) on the MACROshares Website on each Price Determination Day, within thirty minutes of receipt thereof from the Trustee.

  • The Administrative Agent shall post all of the information calculated and provided to it by the Trustee pursuant to this Section 8.1(b) on the MacroShares Website on each Price Determination Day, within thirty minutes of receipt thereof from the Trustee.

  • Any Creation Order received by the Administrative Agent after the time specified in the foregoing sentence may be rejected at the option of the Administrative Agent on such Price Determination Day.

  • If so rejected, such Redemption Order may be resubmitted by the applicable Authorized Participant, if it so desires, on the next Price Determination Day at that day's Per Share Underlying Value.

  • If so rejected, such Creation Order may be resubmitted by the applicable Authorized Participant, if it so desires, on the next Price Determination Day at the Per Share Underlying Value as of the Creation Valuation Date that is related to the Issuance Date that follows such Business Day.

  • Price Determination Day: Has the meaning set forth in the Up-MACRO Holding Trust Agreement and the Down-MACRO Holding Trust Agreement.

  • If so rejected, any such Creation Order may be resubmitted on the next Price Determination Day based on the aggregate Underlying Value of the Paired MacroShares on such Price Determination Day.

  • If so rejected, such Redemption Order may be resubmitted on the next Price Determination Day based on the aggregate Underlying Value of the Paired MacroShares on such Price Determination Day.

  • Ending Level: With respect to any Price Determination Day, the Applicable Reference Price of Crude Oil on such Price Determination Day.


More Definitions of Price Determination Day

Price Determination Day means each day on which the Applicable Reference Price of Crude Oil is calculated based upon trading by open outcry on the facilities of NYMEX. If trading of the NYMEX Division light sweet crude oil futures contracts ceases to occur by open outcry and is transferred by NYMEX to an electronic platform, a Price Determination Day will be based upon trading on such electronic platform.
Price Determination Day means each day on which the Applicable Reference Price of Crude Oil is calculated based upon trading by open outcry on the facilities of NYMEX. If trading of the NYMEX Division light sweet crude oil futures contracts ceases to occur by open outcry and is transferred by NYMEX to an electronic platform, a Price Determination Day shall mean each day on which the Applicable Reference Price of Crude Oil is calculated based upon trading of such futures contracts on such electronic platform. If the Substitute Oil Price Provider is the Down Xxxxx Energy Service, a Price Determination Day shall mean each day on which the applicable Substitute Reference Oil Price is generated by the Dow Xxxxx Energy Service.
Price Determination Day means (i) for so long as the Light Sweet Crude Oil Price is the Applicable Reference Price of Crude Oil, each day on which trading of the Light Sweet Crude Oil Futures Contracts occurs on the NYMEX by open outcry and a settlement price is established by the NYMEX for such contracts not later than the end of trading in the Light Sweet Crude Oil Futures Contracts on such day, and (ii) if a Substitute Crude Oil Price is the Applicable Reference Price of Crude Oil, each day on which a settlement price for the substitute crude oil price is established.
Price Determination Day means each day on which the Applicable Reference Price of Crude Oil is calculated based upon trading by open outcry on the facilities of NYMEX. If trading of the NYMEX Division light sweet crude oil futures contracts ceases to occur by open outcry and is transferred by NYMEX to an electronic platform, a Price Determination Day shall mean each day on which the Applicable Reference Price of Crude Oil is calculated based upon trading of such futures contracts on such electronic platform. If the Substitute Oil Price Provider is the Down Xxxxx Energy Service, a Price Determination Day shall mean each day on which a spot price for West Texas Intermediate Oil is generated by the Dow Xxxxx Energy Service.
Price Determination Day means each day on which trading of the Light Sweet Crude Oil Futures Contract of the Designated Maturity occurs by open outcry on the trading floor of the NYMEX, meaning trading by individuals on the physical facilities of the NYMEX through the use of verbal or hand signals, rather than through electronic or other means.
Price Determination Day means each day on which a settlement price for NYMEX Division light sweet crude oil futures contracts are calculated based upon trading by open outcry on the facilities of NYMEX. If trading of the NYMEX Division light sweet crude oil futures contracts ceases to occur by open outcry and is transferred by NYMEX to an electronic platform, a Price Determination Day shall mean each day on which the settlement price for such contracts is calculated based upon trading of such futures contracts on such electronic platform.

Related to Price Determination Day

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

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative Agent).

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • 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;

  • 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.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

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

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

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

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

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

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Event Determination Date means either:

  • 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 defining the relevant Interest Periods and 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 Compound SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Compound SOFR Note.Average SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Average SOFR Notes will bear interest at a rate per annum equal to Average SOFR (as defined below) plus the Spread.With respect to any Interest Period, unless otherwise specified or modified in the applicable Pricing Supplement, “Average SOFR” will be calculated by the Calculation Agent on each SOFR Interest Determination Date (as defined below) as follows (with the resulting percentage being rounded, if necessary, to the nearest one hundred-thousandth of a percentage point, with 0.000005 being rounded upwards to 0.00001): 0 Where:

  • Nomination Day means the last day for filing or withdrawing a nomination as provided for by the Municipal Elections Act, 1996.

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;