Forward Price Reduction Date definition

Forward Price Reduction Date. Each date (other than the Trade Date) set forth on Schedule I under the heading “Forward Price Reduction Date.”
Forward Price Reduction Date. Each date (other than the Trade Date) set forth on Schedule I under the heading “Forward Price Reduction Date”. Forward Price Reduction Amount: For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, no par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “PNW”).
Forward Price Reduction Date. Each date (other than the Trade Date) set forth on Schedule I under the heading “Forward Price Reduction Date.” Forward Price Reduction Amount: For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, $2.50 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “NJR”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A; provided that following the occurrence and during the continuation of an Event of Default pursuant to Section 5(a)(vii) of the Agreement with respect to which Party A is the Defaulting Party, Party B shall have the right to designate an independent nationally recognized third-party dealer with experience in over-the-counter corporate equity derivatives (including forward transactions) to replace Party A as Calculation Agent, and the parties shall work in good faith to execute any appropriate documentation required by such replacement Calculation Agent. Any determination or calculation by the Calculation Agent in such capacity shall be made in good faith and in a commercially reasonable manner.

Examples of Forward Price Reduction Date in a sentence

  • On the Effective Date, the Initial Forward Price, and on any other day, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date.

  • On the Hedge Completion Date, the Initial Forward Price, and on any other day, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date.

  • On the Effective Date, the Initial Forward Price, and on any other day, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date minus the Forward Price Reduction Amount for such Forward Price Reduction Date.

  • Notwithstanding the foregoing, to the extent Counterparty delivers Shares hereunder on or after a Forward Price Reduction Date and at or before the record date for an ordinary cash dividend with an ex-dividend date corresponding to such Forward Price Reduction Date (and, for the avoidance of doubt, the related dividend will be paid on such Shares), the Calculation Agent shall reverse the reduction to the Forward Price on such Forward Price Reduction Date for purposes of the related Settlement Date.

  • On the Hedge Completion Date, the Initial Forward Price, and on any day thereafter, the product of the Forward Price on the immediately preceding calendar day and 1 + the Daily Rate * (1/365); provided that the Forward Price on each Forward Price Reduction Date shall be the Forward Price otherwise in effect on such date minus the Forward Price Reduction Amount per Share for such Forward Price Reduction Date.


More Definitions of Forward Price Reduction Date

Forward Price Reduction Date. Each date (other than the Trade Date) set forth on Schedule I under the heading “Forward Price Reduction Date.” Forward Price Reduction For each Forward Price Reduction Date, the Forward Amount: Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common shares, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “COLD”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. _____________ 3 Insert Spread specified by Party B in the Forward Instruction Notice. Clearance System: DTC. Calculation Agent: Party A. Whenever the Calculation Agent is required to act or to exercise judgment in any way with respect to any Transaction hereunder, it will do so in a good faith and a commercially reasonable manner. Following any determination, adjustment or calculation hereunder by the Calculation Agent, the Calculation Agent will upon written request by Party B promptly following (and, in any event, within five Exchange Business Days of) such request, provide to Party B a report (in a commonly used file format for the storage and manipulation of financial data but without disclosing Party A’s confidential or proprietary models or other information that may be confidential, proprietary or subject to contractual, legal or regulatory obligations to not disclose such information) displaying in reasonable detail the basis for such determination, adjustment or calculation, as the case may be. Following the occurrence and during the continuation of an Event of Default pursuant to Section 5(a)(vii) of the Agreement with respect to which Party A is the sole Defaulting Party, Party B shall have the right to designate an independent, nationally recognized equity derivatives dealer to replace Party A as the Calculation Agent, and the parties hereto shall work in good faith to execute any appropriate documentation required by such replacement Calculation Agent.
Forward Price Reduction Date. Each date (other than the Trade Date) set forth on Schedule I under the heading “Forward Price Reduction Date.” ________________________ 3 Insert percentage equal to 100 minus the agreed upon commission (which shall not exceed _%), as specified by Party B in instruction under the Distribution Agreement.
Forward Price Reduction Date. Forward Price Reduction Amount: [ ], 20[ ] USD[ ] [ ], 20[ ] USD[ ] [ ], 20[ ] USD[ ] [ ], 20[ ] USD[ ] REGULAR DIVIDEND AMOUNTS For any calendar quarter ending on or prior to [December 31, 20[ ]]: USD[ ]
Forward Price Reduction Date and below the caption “Forward Price Reduction Amounts” in the Placement Notice (as amended by the corresponding Acceptance, if applicable) for such Forward) and the “Regular Dividend Amounts” for such Forward (which shall be each of the amount(s) set forth below the caption “Regular Dividend Amounts” in the Placement Notice (as amended by the corresponding Acceptance, if applicable) for such Forward).
Forward Price Reduction Date. For each Transaction, as specified in Schedule I to the Supplemental Confirmation, to be each date set forth under the heading “Forward Price Reduction Date” in the Accepted Placement Notice.
Forward Price Reduction Date. Each date (other than the Trade Date) set forth on Schedule I under the caption “Forward Price Reduction Date.”
Forward Price Reduction Date. Forward Price Reduction Amount: [______], 20[__] USD[___] [______], 20[__] USD[___] [______], 20[__] USD[___] …….. …….. [______], 20[__] USD[___] REGULAR DIVIDEND AMOUNTS For any calendar quarter ending on or prior to [December 31, 20[__]]: USD[___] For any calendar quarter ending after [December 31, 20[__]]: USD[___] EXHIBIT D FORM OF AGENT INSTRUCTION From: __________________ Cc: ____________________ To: ____________________ Date: __________________ Subject: Equity Distribution—Agent Instruction Ladies and Gentlemen: Reference is made to that certain Equity Distribution Sales Agreement among Ameren Corporation (the “Company”) and {__________}, in its capacity as agent for the Company in connection with the offering and sale of any Issuance Shares thereunder, among others, dated May 12, 2021 (the “Agreement”). Capitalized terms used in this Agent Instruction without definition shall have the respective definitions ascribed to them in the Agreement. {INCLUDE FOLLOWING LINE ITEMS TO THE EXTENT APPLICABLE}