Valuation Dates Sample Clauses
The Valuation Dates clause defines the specific dates on which the value of an asset, liability, or contractual obligation is determined for the purposes of the agreement. In practice, this clause sets out when parties must assess the worth of items such as securities, property, or payments, often referencing regular intervals, specific events, or predetermined calendar dates. By clearly establishing when valuations occur, the clause ensures consistency and fairness in financial calculations, reducing disputes and providing a reliable basis for performance or settlement under the contract.
Valuation Dates. The Plan is valued annually, as of the last day of the Plan Year. In addition, the Plan will be valued on the following dates:
Valuation Dates. The Trust Funds, any separate investment funds and any segregated account shall be valued as of the last day of each calendar year and as of any other date the Company directs the Trustee to value the Trust Funds, as provided in Article VII.E.
Valuation Dates. The Bank of New York, as the Fund's custodian, is appointed the initial Collateral Evaluator and shall determine the Market Value and Surety Assets Value of each item of Eligible Portfolio Property and in the aggregate for all Eligible Portfolio Property on each Valuation Date.
Valuation Dates. Any Scheduled Trading Day following the Effective Date designated by Dealer from time to time in a written notice (a “Settlement Notice”) that is delivered to Counterparty at least one Scheduled Trading Day prior to such Valuation Date, specifying (i) the Valuation Date, (ii) the Daily Number of Shares, (iii) the number of Scheduled Trading Days in the Averaging Period determined, acting in good faith and in a commercially reasonable manner, based on the Daily Number of Shares, the volume, historical trading patterns and price of the Shares, and (iv) whether Dealer has received evidence of a valid Counterparty Shareholder Purchase Approval allowing Physical Settlement on the expected Settlement Date following such Valuation Date pursuant to Section 6(r), in which case Physical Settlement shall apply with respect to such Valuation Date; and (b) the Maturity Date. If, on any Business Day, the Number of Shares is greater than the number of Shares underlying all of Counterparty’s then outstanding Convertible Notes, Counterparty may provide written notice to Dealer of such fact (such notice, a “Notional Excess Notice”). Promptly following the date 90 calendar days immediately following the date on which Dealer receives a Notional Excess Notice from Counterparty (taking into consideration the amount of time necessary to completed any related unwind activity with respect to Dealer’s Hedge Position), Dealer shall deliver a Settlement Notice to Counterparty designating a Valuation Date and related Settlement Date with respect to a Daily Number of Shares following such Settlement Date is less than or equal to the number of Shares underlying all then outstanding Convertible Notes.
Valuation Dates. (a) Any Scheduled Trading Day following the Effective Date designated by Dealer in a written notice (a “Settlement Notice”) that is delivered to Counterparty at least one Scheduled Trading Day prior to such Valuation Date, specifying (i) the Daily Number of Shares for each such Valuation Date and (ii) the related Settlement Date(s), (b) the 2020 Maturity Date with respect to the Number of 2020 Shares or relevant portion thereof, if any, then remaining and (c) the 2022 Maturity Date with respect to the Number of 2022 Shares or relevant portion thereof, if any, then remaining. Market Disruption Event: The definition of “Market Disruption Event” in Section 6.3(a) of the Equity Definitions is hereby amended (A) by deleting the words “at any time during the one hour period that ends at the relevant Valuation Time, Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation Time, as the case may be” and inserting the words “at any time on any Valuation Date” after the word “material,” in the third line thereof, and (B) by replacing the words “or (iii) an Early Closure.” therein with “(iii) an Early Closure, or (iv) a Regulatory Disruption.” Section 6.3(d) of the Equity Definitions is hereby amended by deleting the remainder of the provision following the term “Scheduled Closing Time” in the fourth line thereof.
Valuation Dates. Each of the Scheduled Trading Days commencing on the Closing Date to and including the first date on which the Remaining Share Number equals zero; provided that if Modified Net Share Settlement applies, the last Valuation Date shall be the Modified Net Share Valuation Date. Except during a Plan Period (as defined in Section 9.03), Buyer shall be deemed to have represented to Seller that Buyer is not aware of any material non-public information regarding Buyer or the Shares as of each Valuation Date. If, at any time, Buyer is unable to make such representation, Buyer shall immediately notify a member of the Legal and Compliance Department of Seller, and, notwithstanding the foregoing, (i) if Buyer so notifies a member of the Legal and Compliance Department of Seller prior to 9:30 AM, New York City time, on any day, then such day, or, (ii) if Buyer so notifies a member of the Legal and Compliance Department of Seller after 9:30 AM, New York City time, on any day, then the immediately following day, and, in either such case, each subsequent day until Buyer notifies Seller that it is able to make such representation, shall not be Valuation Dates. If Buyer so notifies a member of the Legal and Compliance Department of Seller that Buyer is unable to make such representation, Buyer shall not communicate this fact to any employee of Seller who is not a member of the Legal and Compliance Department of Seller. Scheduled Trading Day: Any day on which the Exchange is scheduled to be open for its regular trading sessions. Modified Net Share Valuation Date: The first Valuation Date on which the Remaining Amount equals zero. Exchange: New York Stock Exchange Daily Reference Share Amount: For each Valuation Date not during a Plan Period, the number specified by Buyer in a notice (which may be written or oral) delivered to Seller prior to 9:30 a.m., New York City time, on such Valuation Date and, for each Valuation Date occurring during a Plan Period, the number specified in the relevant Plan Commencement Notice (as defined in Section 9.03); provided that the maximum Daily Reference Share Amount for any Valuation Date shall be the number of Shares that Buyer could purchase in “Rule 10b-18 purchases”, as such term is defined in Rule 10b-18, on such Valuation Date in accordance with the requirements of the safe harbor provided by Rule 10b-18; and provided further that if as a result of a suspension of trading in the Shares on the Exchange for that entire Valuation Date, the ...
Valuation Dates. The last Business Day of each month and the close of business on each other date as may be agreed upon by the Investment Manager and the Trustee shall be a "Valuation Date" for all purposes of this Declaration of Trust.
Valuation Dates. For distribution purposes, the Valuation Dates for the Plan shall be (check only one):(28) the Annual Valuation Date. ----- the Annual Valuation Date and the last day of the 6th month ----- of the Plan Year. the Annual Valuation Date and the last day of the 3rd, 6th, ----- 9th months of the Plan Year. the Annual Valuation Date and the last day of the 1st through ----- 11th months of the Plan Year.
Valuation Dates. The Employer or its delegate shall establish procedures for determining the Valuation Dates which shall apply for withdrawals, distributions, or other relevant purposes. Valuation Dates need not be the same for all purposes.
Valuation Dates. The General Trust Fund and any separate investment funds shall be valued as of the last day of each Fiscal Year and as of any other date the Committee directs the Trustee to value the Trust Fund, as provided in Article 7.4.