Expiration Day definition

Expiration Day means the date on which Expiration occurs;
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Expiration Day means the specified in the Confirmation being the (last) day on which an option can be exercised. If the agreed Expiration Day is not a Business Day, the Expiration Day shall be the next following Business Day;
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Expiration Day means the day on which the final settlement obligations are determined in the Option Contract;
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Examples of Expiration Day in a sentence

  • In such circumstances, the Exchange may also change the Expiration Day for the Series in question in conjunction with the Designated Clearing House.

  • The published Exchange Delivery Settlement Price or Exercise Settlement Price on the Expiration Day may be subject to amendment if the Exchange deems necessary.

  • On the Expiration Day of a cash settled Contract, the Exchange will make available to each Member Firm holding positions Statements relating to those positions and corresponding obligations.

  • Any other Allowances which the Exchange and/or the Clearinghouse deems are unsuitable for Exchange Trading or Clearing, and which are set out in a list of ineligible Allowances which has been published and notified to Account Holders at least 14 (fourteen) days in advance of the relevant Expiration Day.

  • VWAP = volume weighted average priceFollowing an adjustment, an ordinary Expiration procedure shall be performed on the New Expiration Day and, in addition, there will be a cash settlement of the difference between the contracts theoretical value (Fair Value) and intrinsic value.

  • The only variable elements for a Tailor-made Futures Contract are Expiration Day and settlement type (if applicable).

  • Where Registration has or should have taken place on the same day as the Expiration Day of the Contract in question, Protests must be submitted no later than 60 minutes prior to the closing of the clearing system on the Expiration Day.

  • For the purposes of cash settlement, the specified delivery settlement amount will be calculated based on either the Expiration Settlement Price on the Expiration Day or the closing price defined by the Exchange on the day on which cash settlement was initiated, the better price for the buyer will be used.

  • Thereafter, Daily Cash Settlement shall be affected on each Bank Day until the Expiration Day in accordance with the provisions of these rules.

  • Standard Exercise means that the Clearinghouse, on the Expiration Day and on behalf of the Account Holder, effectuates Option Exercise with respect to the Contract which, in the Clearinghouse's opinion, has a certain minimum real value.


More Definitions of Expiration Day

Expiration Day means the day on which the final settlement obligations are determined in a Derivatives Contract
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Related to Expiration Day

  • Termination Day means: (a) each day on which the conditions set forth in Section 2 of Exhibit II to the Agreement are not satisfied or (b) each day that occurs on or after the Facility Termination Date.

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Nomination Day means the last day for filing or withdrawing a nomination as provided for by the Municipal Elections Act, 1996.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Man Day means 7.5 Man Hours, whether or not such hours are worked consecutively and whether or not they are worked on the same day;

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Transaction Day means the day, the parties to the Transaction have accepted all the substantial conditions of the Transaction.

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.

  • Evaluation Day shall have the meaning set forth in Section 2.3.1(b).

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Computation Day and "Record Date" shall mean 10, 10, 10, and 10.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Subsequent Rate Period means, with respect to any Series of VMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Calendar Month means calendar month according to the Gregorian calendar.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Dealing Day means every Business Day from Monday to Saturday of every week. Units will be available for dealing (purchase, redemption, transfer, switching etc) on Dealing Days during Cut-off Time. Provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven days notice in two widely circulated English or Urdu newspapers in Pakistan declare any particular Business Day(s) not to be a Dealing Day(s).

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • A month means a month according to Gregorian calendar.

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.

  • Valuation Period shall have the meaning specified in Section 14.04(c).