Announcement Day definition
Examples of Announcement Day in a sentence
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.
Interest shall accrue beginning the first London Business Day after the day that an affiliate of Holdings sells the securities or other property used to hedge Holdings' obligations under the Securities until the next Announcement Day (the "M&A Sale Component Interest Accrual Period").
Interest shall accrue on the Extraordinary Cash Component beginning the first London Business Day after the day that holders are entitled to receive the Extraordinary Cash Component until the next Announcement Day (the "Extraordinary Cash Component Interest Accrual Period").
Interest shall accrue beginning the first London Business Day after the day that holders are entitled to receive the cash consideration until the next Announcement Day (the "M&A Cash Component Interest Accrual Period").
Interest shall accrue beginning the first London Business Day after the day that an affiliate of Holdings sells the securities or other property used to hedge Holdings' obligations under the Securities until the next Announcement Day (the "Extraordinary Sale Component Interest Accrual Period").
The per share price at which the Warrant Shares may be purchased shall be equal to $_______ (the "EXERCISE PRICE"), which Exercise Price is the lesser of (i) the closing price of the Common Stock on the day before the day on which it is publicly announced that an additional aircraft has been placed in service (the "ANNOUNCEMENT DAY") and (ii) the average closing price of the Common Stock over the 30-day period ending on the day prior to the Announcement Day.