Examples of Strike Date in a sentence
If any Scheduled Valuation Date in respect of an Index is a Disrupted Day in respect of such Index, then the Strike Date, the Valuation Date or the Auto-Call Valuation Date, as the case may be, for such Index shall be the first succeeding Scheduled Trading Day for such Index that is not a Disrupted Day relating to that Index, unless each of the eight Scheduled Trading Days for such Index immediately following the relevant Scheduled Valuation Date is a Disrupted Day relating to that Index.
For the avoidance of doubt, when determining (i) above the SPS Valuation Date shall never refer to the Strike Date.
If any Scheduled Valuation Date is a Disrupted Day, then the Strike Date, the Valuation Date or the relevant Auto-Call Valuation Date, as the case may be, shall be the first succeeding Scheduled Trading Day that is not a Disrupted Day, unless each of the eight Scheduled Trading Days immediately following the relevant Scheduled Valuation Date is a Disrupted Day.
In that case, (a) that Limit Date shall be deemed to be the Strike Date, the Valuation Date or the Auto-Call Valuation Date, as the case may be, for the relevant Security notwithstanding the fact that such day is a Disrupted Day for such Security, and (b) the CalculationAgent shall determine its good faith estimate of the value for the relevant Security as of the Valuation Time on that Limit Date).
Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.