Uncommon Values Index definition

Uncommon Values Index represents an equal dollar-weighted portfolio of the common stocks or other equity securities of the ten companies underlying the 10 Uncommon Values for each Twelve-Month Period during the period beginning on the date of announcement of the 10 Uncommon Values in 2001 and ending on the Stated Maturity, as adjusted by certain extraordinary corporate events involving the issuers of the Index Securities as described herein. The announcement of the ten common stocks that shall make up the 10 Uncommon Values Index shall be made on or about July 1 (such date of announcement, the "Announcement Day") of each year preceding the initial issuance of and during the term of the Securities. Except as set forth below, the Index Securities in the 10 Uncommon Values Index shall remain constant for each Twelve-Month Period.
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Uncommon Values Index represents an equal dollar-weighted portfolio of the common stocks of the ten companies underlying the 10 Uncommon Values for each Twelve-Month Period during the period beginning on the date of announcement of the 10 Uncommon Values in 1999 and ending on the Stated Maturity, as adjusted by certain extraordinary corporate events involving the issuers of the Index Securities as described herein. The announcement of the ten common stocks that shall make up the 10 Uncommon Values Index shall be made on or about July 1 (such date of announcement, the "Announcement Day") of each year during the term of the Securities. Except as set forth below, the Index Securities in the 10 Uncommon Values Index shall remain constant for each Twelve-Month Period.
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Examples of Uncommon Values Index in a sentence

  • In addition, the Calculation Agent shall provide information to the American Stock Exchange ("AMEX") that is necessary for the AMEX's daily calculation and dissemination of the level of the 10 Uncommon Values Index if the AMEX is unable to obtain such information.

  • The Calculation Agent shall, once per Trading Day, provide AMEX with the interest accrued on the Cash Included in the 10 Uncommon Values Index.

  • The Multiplier relating to each Index Security is the number of shares (including fractional shares, expressed as a decimal) of such Index Security included in the 10 Uncommon Values Index.

  • If the AMEX is unable to obtain certain information necessary for its daily calculation and dissemination of the level of the 10 Uncommon Values Index, the Calculation Agent shall provide the necessary information as follows below.

  • The number of shares of an Index Security constituting the "Multiplier" for such Index Security shall equal the number of shares (or fraction of one share) of such Index Security that, when multiplied by the Average Execution Price for such Index Security, results in the Index Security initially accounting on the Announcement Day for 10% of the level of 10 Uncommon Values Index on an equal dollar-weighted basis.

  • The Multipliers with respect to each Index Security shall remain constant for the Twelve-Month Period that such Index Security is part of the 10 Uncommon Values Index unless adjusted for certain extraordinary corporate events as described below.

  • The Calculation Agent shall also be responsible for (a) the determination of the Index Level on each Calculation Date, (b) the determination of the Rollover Closing Level of the 10 Uncommon Values Index for each Twelve-Month Period, (c) determining if any adjustments to the 10 Uncommon Values Index and/or the Multipliers should be made and (d) whether a Market Disruption Event has occurred.

  • Adjustments to a Multiplier and the 10 Uncommon Values Index shall be made in the following circumstances.

  • The 10 Uncommon Values Index shall include an amount of cash equal to the product of the Multiplier of the Index Security and the Fair Market Value (the "M&A Sale Component").

  • When the cash consideration is received, the PV Extraordinary Cash Component will be deleted from the 10 Uncommon Values Index and the 10 Uncommon Values Index shall include the amount of the cash consideration (the "Extraordinary Cash Component"), plus accrued interest.