Average Execution Price definition

Average Execution Price means, for a security or other property, the average execution price that an affiliate of the Company receives or pays for such security or property, as the case may be, to hedge the Company's obligations under the Securities.
View Source
Average Execution Price for a security or other property shall mean the average execution price that an affiliate of the Company receives or pays for such security or property, as the case may be, to hedge the Company's obligations under the Securities.
View Source
Average Execution Price shall have the meaning specified in the relevant Notes.
View Source

Examples of Average Execution Price in a sentence

  • The Multipliers shall be determined by the Calculation Agent and shall be based on each Index Security's Average Execution Price.

  • 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 price used to determine the Starting Multiplier for each Underlying Equity Security shall be determined based on the Average Execution Price for each Underlying Equity Security.

  • To the extent that equity securities that are not traded or listed on an exchange, trading system or market or non-equity securities or other property (other than cash) are received, the Calculation Agent shall determine the "Fair Market Value" of the securities or other property received based on the Average Execution Price.


More Definitions of Average Execution Price

Average Execution Price for a security or other property shall mean the average execution price that an affiliate of the Company receives or pays for such security or property, as the case may be, to hedge the Company's obligations under the Securities. "Business Day", notwithstanding the Indenture, notwithstanding the Indenture, shall mean any day that is not a Saturday, a Sunday or a day on which the NYSE, NASDAQ NMS or AMEX is not open for trading or banking institutions or trust companies in the City of New York are authorized or obligated by law or executive order to close.
View Source
Average Execution Price means, for a security or other property, the average execution price that an affiliate of the Company receives or pays for such security or property, as the case may be, to hedge the Company's obligations under the Securities. "AVERAGE LEVEL OF THE UNDERLYING BASKET" shall mean the arithmetic average of the Level of the Underlying Basket on each of the Calculation Dates. "BUSINESS DAY", notwithstanding any provision in the Indenture, shall mean any day that is not a Saturday, a Sunday or a day on which the NYSE, Nasdaq or AMEX is not open for trading or banking institutions or trust companies in the City of New York are authorized or obligated by law or executive order to close.
View Source