Bermuda Option definition

Bermuda Option means an Option Transaction in which the Option is exercisable on each Exercise Business Day so agreed to between the parties (each a "Scheduled Exercise Date") and on the Expiration Date, subject to adjustments in accordance with Section 3(6) of the General Provisions.
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Examples of Bermuda Option in a sentence

  • Barclays Bermuda Option Exercise Dates: Any day that is sixty-one (61) or more calendar days following February 8, 2010.

  • For a Bermuda Option, if the Seller receives the Exercise Notice at least one hour before the Latest Exercise Time on a Scheduled Exercise Date or on the Maturity Date, that day shall be deemed to be the Exercise Date of the Option.

  • Bermuda Option Exercise Dates: The 1st of each month, commencing 01 NOV 02 and ending 01 NOV 07, subject to adjustment in accordance with the Modified Following Business Day Convention.

  • Expiration Date: Two Business Days prior to the Bermuda Option Exercise Dates.