Basket Stocks definition

Basket Stocks means the following common stocks: Anheuser-▇▇▇▇▇ Companies, Inc. (NYSE: BUD); Bank of America Corporation (NYSE: BAC); ChevronTexaco Corporation (NYSE: CVX); Citigroup Inc. (NYSE: C); General Electric Company (NYSE: GE); General Motors Corporation (NYSE: GM); ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Corporation (NYSE: KMB); Merck & Co., Inc. (NYSE: MRK); Microsoft Corporation (NASDAQ: MSFT); and SBC Communications Inc. (NYSE: SBC), subject to adjustment as provided in Article IV.
View Source
Basket Stocks means the following common stocks: Altria Group, Inc. (NYSE:MO); AT&T Corp. (NYSE:T); BP plc (ADR) (NYSE:BP); Duke Energy Corp. (DUK); GlaxoSmithKline plc (ADR) (GSK); International Business Machines Corp. (IBM); ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇ & Co. (JPM); ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ (JNJ); Procter & ▇▇▇▇▇▇ (PG); and The Southern Company (SO), subject to adjustment as provided in Article IV. "ADR" shall mean American Depositary Receipts that trade on the NYSE. For all purposes of this Note, references to the Basket Stocks of the Basket Stock Issuers BP plc and GlaxoSmithKline plc will refer to the ADRs representing their ordinary shares and, for purposes of calculating the returns on these Basket Stocks, the performance of such ADRs will be used.
View Source
Basket Stocks means the following common stocks: Anheuser-▇▇▇▇▇ Companies, Inc. (NYSE: BUD); Bank of America Corporation (NYSE: BAC); ChevronTexaco Corporation (NYSE: CVX); ConocoPhillips (NYSE: COP); ▇.
View Source

Examples of Basket Stocks in a sentence

  • If the Maturity Date is not a business day, the Corporation will pay the cash amount or deliver the shares of Basket Stocks due at the Maturity Date on the first business day following the Maturity Date, and no additional interest will accrue to that payment date.

  • The "Basket Stocks" are the 16 selected energy companies whose common stocks make up the "Basket" that is used to determine the Supplemental Redemption Amount.

  • The following table sets forth the Basket Stocks, including their weightings, Exchange Ratios, reference prices, and the initial value of the shares of each Basket Stock included in the Basket: Common shares of The Coca-Cola Company .334% 6.63301 $48.0993 $319.0431 Common shares of Coach, Inc.

  • In the event that the Corporation chooses to deliver shares of the Basket Stocks, the value of those shares will be determined on the first trading day in the Maturity Calculation Period, which is prior to the Maturity Date.

  • The Corporation will not distribute any fractional shares of the Basket Stocks.

  • Upon making any adjustment, the Calculation Agent will give notice promptly to the Corporation and the Trustee, stating the adjustment to the Share Ratio or to the Basket Stocks in the Basket.

  • Upon proper tender of this Note, which must be in accordance with the rules of DTC if the Note is held by DTC in global form, the holder of this 11 Note will receive, for each unit of this Note, a cash amount equal to the Basket Level for the trading day in the Exchange Calculation Period, or, at the Corporation's election, shares of the Basket Stocks on the exchange date.

  • The 16 Basket Stocks are: Apache Corporation, BJ Services Company, Burlington Resources Inc., Cal Dive International, Inc., Chevron Corporation, ConocoPhillips, Devon Energy Corporation, Diamond Offshore Drilling, Inc., Exxon Mobil Corporation, GlobalSantaFe Corporation, Halliburton Company, Noble Corporation, Occidental Petroleum Corporation, Tidewater Inc., Transocean Inc., and Valero Energy Corporation.

  • On September 23, 2005, or the "pricing date," a hypothetical basket of the Basket Stocks with a level of 1,000 was created, based on the Closing Price (as defined below) of each Basket Stock on that date.

  • The “Basket” is comprised of the common stocks of the following Basket Stocks, as weighted below based on the Closing Price of each Basket Stock on December 22, 2005, the Pricing Date, as determined by the Calculation Agent, to achieve a Basket Level of 1,000 on that date: ▇▇▇▇▇▇ Laboratories 40.74 4.00 % 0.98184 Amgen Inc.


More Definitions of Basket Stocks

Basket Stocks means the Common Stock of each of Amerada Hess Corporation, Halliburton Company, and Nabors Industries Ltd, and a “Basket Stock” means any of the Basket Stocks, in all cases subject to adjustment as provided in Section 6 on the face of this Security.
View Source
Basket Stocks are the four stocks set forth in the table below. The table also indicates the proportion of the Basket Value represented by the shares of each Basket Stock on April 15, 2014, the Pre-Amendment Exchange Ratio for each Basket Stock and the Amended Exchange Ratio for each Basket Stock. ▇▇▇▇▇▇▇ Corporation 34.64% 6.489159 6.347695 Textron Inc. 32.42% 11.75910 11.502752 ▇▇▇▇▇▇▇▇▇-▇▇▇▇ plc 25.35% 6.239908 6.103878 Allegion plc 7.59% 2.076771 2.031497 Total 100.00% If, as a result of any event described under “—Adjustment Events” below, this Security is exchangeable into equity securities other than the shares of the Basket Stock Issuers, “Basket Stocks” shall include such other securities. The “Basket Stock Issuers” (or, individually, a “Basket Stock Issuer”) are the issuers of the Basket Stocks. The “Basket Value” on any Trading Day equals the sum of the products of the Closing Price and the Exchange Ratio for each Basket Stock, each determined as of such Trading Day by the Calculation Agent.
View Source