Daily Difference definition
Daily Difference. For any Valuation Date, the product of (i) (A) the Daily Reference Price for such Valuation Date minus (B) the Strike Price, multiplied by (ii) the Daily Reference Share Amount for such Valuation Date. For the avoidance of doubt, the Daily Difference may be a positive or negative amount. Valuation Period: The period starting on the first Valuation Date and ending on the last Valuation Date. Calculation Agent: Credit Suisse, New York Branch. Exchange Act: The Securities Exchange Act of 1934, as amended. Rule 10b-18: Rule 10b-18 under the Exchange Act. Securities Act: The Securities Act of 1933, as amended. Exchange Business Day: Any Scheduled Trading Day on which the Exchange is open for trading during its regular trading sessions, notwithstanding the Exchange closing prior to its scheduled weekday closing time on such Scheduled Trading Day (without regard to after hours or any other trading outside of the regular trading session hours). Custodian: A trustee or liquidator or other similar official. Net Share Settlement: A settlement method described in Article 4 pursuant to which Buyer may elect to settle its obligations under the Transaction, if any, with either registered or unregistered Shares at Buyer’s election. Modified Net Share Settlement: A settlement method described in Article 4 pursuant to which Buyer may elect to settle its obligations under the Transaction, if any, with unregistered Shares.
Daily Difference. For any Valuation Date, the product of (i) (A) the Daily Reference Price for such Valuation Date minus (B) the Initial Price, multiplied by (ii) the Daily Reference Share Amount for such Valuation Date. For the avoidance of doubt, the Daily Difference may be a positive or negative amount.
Daily Difference means the change in Rate3m from one Index Calculation Day to the following Index Calculation Day
Examples of Daily Difference in a sentence
A positive Daily Difference will accrue if the aggregate fiscal year-to-date Class Operating Expenses exceed the Pro-Rated Class Operating Expense Limit, and a negative Daily Difference will accrue if the aggregate fiscal year-to-date Class Operating Expenses are less than the Pro-Rated Class Operating Expense Limit.
More Definitions of Daily Difference
Daily Difference. For any Valuation Date, the product of (i) (A) the Daily Reference Price for such Valuation Date minus (B) the Strike Price, multiplied by (ii) the Daily Reference Share Amount for such Valuation Date. For the avoidance of doubt, the Daily Difference may be a positive or negative amount. Valuation Period: The period starting on the first Valuation Date and ending on the last Valuation Date. Calculation Agent: Credit Suisse, New York Branch. Exchange Act: The Securities Exchange Act of 1934, as amended. Rule 10b-18: Rule 10b-18 under the Exchange Act. Securities Act: The Securities Act of 1933, as amended. Exchange Business Day: Any Scheduled Trading Day on which the Exchange is open for trading during its regular trading sessions, notwithstanding the Exchange closing prior to its scheduled weekday closing time on such Scheduled Trading Day (without regard to after hours or any other trading outside of the regular trading session hours).