Examples of Excluded Day in a sentence
See “Specific Terms of the Securities — Automatic Acceleration Upon Zero Value Event” below.Automatic Acceleration Upon Zero Value EventFor each series of Securities, a Zero Value Event represents the first instance when the Current Indicative Value (intraday indicative value) or the Closing Indicative Value is less than or equal to zero (other than on an Excluded Day, as defined below).
See “Specific Terms of the Securities — Automatic Acceleration Upon Zero Value Event” below.Automatic Acceleration Upon Zero Value EventA “Zero Value Event” occurs if, on any Index Business Day (other than an Excluded Day), the Intraday Index Value decreases by 66.66667% or more in value from the Last Reset Index Closing Level.
A fundamental review of HMO licence fees was required due to changes following clarification of the matters that a local authority can take into account when setting a locally determined fee in the case of R (on the application of Hemmings (t/a Simply Pleasure Ltd) and others) v Westminster City Council [2015].
See “— Automatic Acceleration Upon Zero Value Event” below.Automatic Acceleration Upon Zero Value EventA Zero Value Event represents the first instance when the Current Indicative Value (intraday indicative value) or the Closing Indicative Value is less than or equal to zero (other than on an Excluded Day, as defined below).
The Contractor must receive prior written approval for this policy from the State.