Examples of Primary Trading Market in a sentence
As used herein, “Standard Settlement Period” means the standard settlement period, expressed in a number of Trading Days, on the Primary Trading Market with respect to the Common Shares as in effect on the date of delivery of the Notice of Exercise.
For purposes of this Warrant, “Trading Day” means (i) any day on which the Common Stock is listed or quoted and traded on the Primary Trading Market, or (ii) if trading ceases to occur on the Primary Trading Market, any business day in the State of New York.
Unless otherwise agreed between Issuer and you, if the Primary Trading Market is a multi-dealer market (e.g. NASDAQ National Market), the current value of the Reference Asset will be determined by the inside offer for the Reference Asset underlying a Put Option or comprising the Pair Short Portfolio, and the current inside bid for the Reference Asset underlying a Call Option or comprising the Pair Long Portfolio.
CDCS, as agent for Issuer, also will deliver to you periodic reports that reflect the Market Value of the Option based on the prices determined in accordance with the method described in Section 7(b) below in the Primary Trading Market for the Reference Asset on the close of business on the current Trading Day, gains and losses on the Option, current strike prices, Amortizable Premium, Unamortizable Premium, and other relevant information relating to the period covered by the report.
As used herein, "Standard Settlement Period" means the standard settlement period, expressed in a number of Trading Days, on the Primary Trading Market with respect to the Common Shares as in effect on the date of delivery of the Notice of Exercise.
A "Market Disruption Event" is a suspension or material limitation on the trading of the underlying Reference Asset in the Primary Trading Market for the instrument.
If required by the Principal Trading Market, all the Conversion Shares issuable upon the conversion of the Convertible Debentures and Warrant Shares issuable upon exercise of the Warrants shall be approved for listing or trading on the Primary Trading Market.
A "Trading Day" is any day that is (or, but for the occurrence of a Market Disruption Event, would have been) a trading day in the Primary Trading Market other then a day on which trading in any such market is scheduled to close prior to its regular closing time.
If the Primary Trading Market for the Reference Asset is a centralized auction "Specialist" market (e.g. the New York Stock Exchange) the current value of the Reference Asset will be determined by the price at which the Primary Trading Market reports a trade for the Reference Asset.
The "Primary Trading Market" for the underlying Reference Asset is the principal trading market for such Reference Asset or any portion thereof (as determined by the Issuer).