Valuation Price of the Reference Instrument for an Index Calculation Day means – subject to an Ex- traordinary Adjustment of the index calculation pursuant to section D) – the closing price of the Reference Instrument, as determined and published for that day by the Reference Ex- change. If an Index Calculation Day falls on a day which is not a Trading Day, the Valuation Price of the immediately preceding Index Calculation Day shall continue to apply. If no Valua- tion Price for the Reference Instrument is determined or published on a Trading Day, the Index Calculation Agent shall determine the Valuation Price of the Reference Instrument for that day on the basis of the most recent prices set for the Reference Instrument in its due discretion.
Valuation Price of the Current Reference Instrument for an Index Calculation Day means – subject to an Extraordinary Adjustment of the index calculation pursuant to section D) – the settle- ment price of the Current Reference Instrument determined and published on the Reference Ex- change. For the sake of clarity: following a Rollover (see below), the Valuation Price of the new Current Reference Instrument is applicable for the continuing calculation of the Factor Index in accordance with section C). If an Index Calculation Day is not a Trading Day, the Valuation Price for the immediately pre- ceding Index Calculation Day shall continue to apply (adjusted where necessary, in the reason- able discretion of the Index Calculation Agent, if and to the extent that a Rollover has taken place since the preceding Index Calculation Day). If no Valuation Price for the Current Refer- ence Instrument is determined or published on a Trading Day, the Index Calculation Agent shall determine the Valuation Price of the Reference Instrument for that day on the basis of the most recent prices set for the Reference Instrument in its due discretion.
Valuation Price means, in respect of a Valuation Date and any relevant Scheduled Trading Day, the official closing reference price of such Share as determined by Borsa Italiana for such day. ''Final Valuation Date'' and ''Valuation Date'' have the meanings set out in Paragraph 48 below. Further definitions are set out in the Schedule. (ii) Exercise Cash Settlement Date: The 10th Business Day following the Expiration Date (iii) Early Cash Settlement Amount: As defined in Condition 24 of the Base Conditions (iv) Early Cancellation Date: As defined in Condition 24 of the Base Conditions 42 Specified Early Cancellation Event: Applicable. If, on any day from, and including, the Listing Date, to and including the Final Valuation Date the Issuer determines in good faith and in a reasonable manner that the Price of the Reference Asset is equal to, or higher than, the prevailing Current Stop Loss Level (as further defined in the Schedule) (a ‘‘Stop Loss Termination Event’‘ and the date of such occurrence, the ‘‘Stop Loss Termination Event Date’‘), the Issuer shall notify the Securityholder of the occurrence of the Stop Loss Termination Event and the Specified Early Cash Settlement Amount as soon as calculated and shall cancel all of the Securities (in whole only) on the Specified Early Cash Cancellation Date. Where:
Examples of Valuation Price in a sentence
The Index Calculation Agent will generally adjust the index calculation by correcting in its due discretion the relevant Valuation Price for the Reference Instrument on Index Calculation Day T-1 on the Reference Date, in order to factor into the index calculation the adjustments made on the Derivatives Exchange for futures and options linked to the Reference Instrument traded there.
More Definitions of Valuation Price
Valuation Price means, in respect of a Valuation Date and any relevant Scheduled Trading Day, the official closing reference price of the Share as determined by Borsa Italiana for such day.
Valuation Price of the Curreut Refereuce Iustrumeut for an Iudex Calculatiou Day means – subject to an Extraordiuary Adjustmeut of the index calculation pursuant to section D) – the settle- ment price of the Curreut Refereuce Iustrumeut determined and published on the Refereuce Ex− chauφe. For the sake of clarity: following a Rollover (see below), the Valuatiou Price of the new Curreut Refereuce Iustrumeut is applicable for the continuing calculation of the Factor Iudex in accordance with section C). If an Iudex Calculatiou Day is not a Tradiuφ Day, the Valuatiou Price for the immediately pre- ceding Iudex Calculatiou Day shall continue to apply (adjusted where necessary, in the reason- able discretion of the Iudex Calculatiou Aφeut, if and to the extent that a Rollover has taken place since the preceding Iudex Calculatiou Day). If no Valuatiou Price for the Curreut Refer− euce Iustrumeut is determined or published on a Tradiuφ Day, the Iudex Calculatiou Aφeut shall determine the Valuatiou Price of the Refereuce Iustrumeut for that day on the basis of the most recent prices set for the Refereuce Iustrumeut in its due discretion.