Reference Stock means the DBR O ½ 02/15/25, or, if such obligation is no longer outstanding, such other central bank or government security that, in the majority opinion of the Reference Dealers (i) has a maturity comparable to the remaining term of the Bonds and (ii) would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Bonds. In the event that each such Reference Dealer selects a different central bank or government security, the Determination Agent after consultation with the Issuer shall approach a fourth Reference Dealer and, from the three different central bank or government securities selected by the other Reference Dealers, such fourth Reference Dealer shall select as the Reference Stock the central bank or government security which, in its opinion (i) has a maturity comparable to the remaining term of the Bonds and (ii) would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Bonds. The central bank or government security so selected by the fourth Reference Dealer shall then be the Reference Stock.
Reference Stock means the Reference Stock specified in the applicable Final Terms.
Reference Stock means, shares of Tripadvisor Common Stock, which term shall include, where appropriate, in the case of any reclassification, recapitalization or other change in shares of Reference Stock, or in the case of a consolidation or merger of the Reference Company with or into another Person affecting the shares of Reference Stock, such capital stock or equity interests to which a holder of shares of Reference Stock immediately prior to the occurrence of such event is entitled to receive upon the occurrence of such event.
Examples of Reference Stock in a sentence
Reference Stock: estimated quantity of Gas the Storage Facility contains for one Day.
L Limits: data communicated by the Storage Facility Manager to the Customer containing his Reference Stock of a given Day as well as his Minimum and Maximum Stock and Total and Reduced Operational Capacity Limits applicable for the following Day.
A 8.1 If trading in Underlying Obligations is temporarily or permanently suspend- ed on the Reference Stock Exchange for Underlying Obligations, then the Calculation Agent will determine the market price pursuant to the existing market practice at the time such trading is suspended.
More Definitions of Reference Stock
Reference Stock means the euro-denominated security specified in the applicable Final Terms issued by the Federal Republic of Germany selected by the Determination Agent (with the advice of the Reference Dealers and in consultation with the Issuer) as having an actual or interpolated maturity comparable to the remaining term of the Notes to be redeemed that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of the Notes; Gross Redemption Yield on the Sterling Reference Stock means a yield, expressed as a percentage and calculated at or around 10.00 a.m. (London time) on the Determination Date specified in the applicable Final Terms by the Determination Agent on the basis set out by the United Kingdom Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields” page 5, Section One: Price/Yield Formulae (Conventional Gilts; Double-dated and Undated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date) (published on 8 June, 1998 and updated on 15 January, 2002 and 16 March, 2005) (as updated, amended or supplemented from time to time) on a semi-annual compounding basis (converted on an annualised yield and rounded up (if necessary) to four decimal places) or, if such formula does not reflect generally accepted market practice at the time of redemption, a yield calculated in accordance with generally accepted market practice at such time, all as advised to the Issuer by the Determination Agent; Make Whole Redemption Rate on the Reference Stock means a yield expressed as a percentage and calculated by the Determination Agent as at or around the time of day customary for such determination in the relevant market on the Determination Date and in accordance with generally accepted market practice at such time, as advised to the Issuer by the Determination Agent;
Reference Stock means the 1.50 per cent. Treasury Stock due July 2026 or, if such Treasury Stock is no longer in issue, such other United Kingdom government stock as the Trustee may, with the advice of three leading brokers and/or market makers operating in the gilt edged market, agree with the Issuer, or failing such agreement, decide from time to time to be appropriate. At any time when under these Conditions it is necessary to have the advice of leading brokers and/or market makers operating in the gilt edged market, the Issuer (failing whom the Guarantor) shall select them with the approval of the Trustee and at the expense of the Issuer (failing whom, the Guarantor). Notices of redemption will specify the date fixed for redemption and the applicable Redemption Price. Upon the expiry of any notice of redemption the Issuer (failing whom the Guarantor) shall be bound to redeem the Bonds at the applicable Redemption Price. The “Gross Real Yield” on the Bonds and on the Reference Stock will be expressed as a percentage and will be calculated in accordance with generally accepted market price for such time, as advised to the Issuer by the Independent Financial Adviser.
Reference Stock means [ ] or such other UK government stock as the Trustee determines to be a benchmark gilt, the maturity of which most closely matches the maturity of the Bonds.
Reference Stock means, initially, the common stock of Wachovia Corporation (NYSE: WB) or of JPMorgan Chase & Co. (NYSE: JPM). Any Reference Stock may be changed in certain circumstances, as described under “Anti-dilution Adjustments—Reorganization Events.”
Reference Stock means (a) OBL 0% 10/09/2026 (DE0001141844) or (b) if, at 11.00 a.m. Central European time on the third business day in Madrid, Spain preceding the Optional Redemption Date, the Reference Stock is no longer outstanding, the DA Selected Stock.
Reference Stock means 4.75 per cent. Treasury Stock due December 2038 or such other United Kingdom Government Stock as the Calculation Agent, with the advice of three leading brokers obtained by the Issuer operating in the gilt edged market and/or gilt edged market makers, shall determine to be appropriate; and
Reference Stock means shares of common stock of AT&T Inc. and Charter Communications, Inc. and any other Reference Shares (as defined in the ZENS Indenture).