Initial Reference Valuation Date means [each of the [⚫] [Trading Days] [calendar days] following the Primary Market End Date] [[⚫] or, if any such day is not a Trading Day, the next following Trading Day on which another Initial Reference Valuation Date does not occur] unless, in the opinion of the Calculation Agent, a Market Disruption Event has occurred on any such day. If there is a Market Disruption Event on any such day, then that Initial Reference Valuation Date shall be the first succeeding Initial Reference Valid Date. If the first succeeding Initial Reference Valid Date has not occurred by the [eighth] [⚫] Trading Day immediately following the original date which, but for the occurrence of a Market Disruption Event, would have been that Initial Reference Valuation Date, then (A) that [eighth] [⚫] Trading Day shall be deemed to be that Initial Reference Valuation Date notwithstanding the Market Disruption Event and (B) the Calculation Agent shall determine the Reference Level for that Initial Reference Valuation Date by determining the price or level of the Underlying that would have prevailed but for the occurrence of a Market Disruption Event as of that [eighth] [⚫] Trading Day having regard to the then prevailing market conditions, the last reported, published or traded level or price of the Underlying and, if applicable, of each asset included in the Underlying and such other factors as the Calculation Agent considers relevant;][If the Initial Reference Level is determined on several non-consecutive days and the frequency of which is weekly insert:
Initial Reference Valuation Date means, in respect of a Share, the Issue Date or, if such day is not a Trading Day, the next following Trading Day in respect of such Share unless, inthe opinion of the Calculation Agent, such day is a Disrupted Day for such Share. If such day is a Disrupted Day relating to such Share, the Initial Reference Valuation Date for such Share shall be the first succeeding Trading Day in respect of such Share that is not a Disrupted Day relating to such Share unless each of the eight Trading Days in respect of such Share immediately following the Scheduled Initial Reference Valuation Date for such Share is a Disrupted Day relating to such Share. In that case, (A) that eighth Trading Day shall be deemed to be the Initial Reference Valuation Date for such Share, notwithstanding the fact that such day is a Disrupted Day, and (B) the Calculation Agent shall determine the Initial Reference Level for such Share in accordance with its good faith estimate of the relevant Initial Reference Level as of the Valuation Time on that eighth Trading Day, of that eighth Trading Day.
Initial Reference Valuation Date means the Issue Date or, if such day is not a Trading Day in respect of one or more Basket Constituents, the next following Trading Day for these Basket Constituents unless, in the opinion of the Calculation Agent, a Market Disruption Event has occurred on such day. If there is a Market Disruption Event in respect of one or more Basket Constituents (each an “Affected Item”) on any such day, then the relevant Initial Reference Valuation Date for each Basket Constituent being not an Affected Item shall be the originally designated Initial Reference Valuation Date and the Initial Reference Valuation Date for each Affected Item shall be the first succeeding Trading Day on which there is no Market Disruption Event relating to that Affected Item, unless there is a Market Disruption Event relating to the Affected Item occurring on each of the eight Trading Days immediately following the original date which (but for the Market Disruption Event) would have been the Initial Reference Valuation Date. In that case (A) the eighth Trading Day shall be deemed to be the Initial Reference Valuation Date for the Affected Item notwithstanding the Market Disruption Event and (B) the Calculation Agent shall determine the Portfolio Reference Level for that Initial Reference Valuation Date by determining the price or level of the Affected Item as of that eighth Trading Day that would have prevailed but for the occurrence of a Market Disruption Event having regard to the then prevailing market conditions, the last reported, published or traded level or price of the Affected Item and such other factors as the Calculation Agent considers relevant;
Examples of Initial Reference Valuation Date in a sentence
Depending on the medication, this can include monitoring vital signs and weight as well as blood work in conjunction with a clinical assessment.
The Calculation Agent may determine that a Disrupted Day has occurred on any date that, but for the occurrence of such Disrupted Day, would have been an Initial Reference Valuation Date or Bonus Observation Date.
The Performance of each Portfolio will be calculated as an average of the relative change(s) in the value of the Portfolio on the each Valuation Date(s) compared to the value of such Portfolio on the Initial Reference Valuation Date of such Portfolio.
Each Coupon Amount will be determined by reference to the lowest Performance Factor which represents the [absolute] change in the value of a basket constituent of the Underlying as of an Observation Date compared to the preceding Observation Date or, if none, the Initial Reference Valuation Date.
The Performance of each Portfolio will be calculated as [an average of] the relative change(s) in the value of the Portfolio on the [each] Valuation Date(s) compared to the value of such Portfolio on the Initial Reference Valuation Date of such Portfolio.
More Definitions of Initial Reference Valuation Date
Initial Reference Valuation Date means the [⚫] Trading Day of each week from and including [⚫] up to and including [⚫] unless, in the opinion of the Calculation Agent, a Market Disruption Event has occurred on any such day. If there is a Market Disruption Event on any such day, then that Initial Reference Valuation Date shall be the first succeeding Initial Reference Valid Date. If the first succeeding Initial Reference Valid Date has not occurred by the [eighth] [⚫]Trading Day immediately following the original date which, but for the occurrence of a Market Disruption Event, would have been that Initial Reference Valuation Date, then (A) that [eighth] [⚫]Trading Day shall be deemed to be that Initial Reference Valuation Date notwithstanding the Market Disruption Event and (B) the Calculation Agent shall determine the Reference Level for that Initial Reference Valuation Date by determining the price or level of the Underlying that would have prevailed but for the occurrence of a Market Disruption Event as of that [eighth] [⚫] Trading Day having regard to the then prevailing market conditions, the last reported, published or traded level or price of the Underlying and, if applicable, of each asset included in the Underlying and such other factors as the Calculation Agent considers relevant;][If the Initial Reference Level is determined on several non-consecutive insert:
Initial Reference Valuation Date means 16 November 2009 or, if such day is not a Trading Day for one or more Basket Constituents, the next following day that is a Trading Day for all the Basket Constituents unless, in the opinion of the Calculation Agent, a Market Disruption Event has occurred on such day in respect of one or more Basket Constituents. If a Market Disruption Event has occurred in respect of one or more Basket Constituents on such day, then the Initial Reference Valuation Date shall be the first succeeding Trading Day for all the Basket Constituents on which no Market Disruption Event is occurring in relation to any Basket Constituent. If the first succeeding Trading Day on which no Market Disruption
Initial Reference Valuation Date means 28 July 2008 or, if such day is not a Trading Day, the next following Trading Day unless, in the opinion of the Calculation Agent, a Market Disruption Event has occurred on such day. If there is a Market Disruption Event on such day, then the Initial Reference Valuation Date shall be the first succeeding Trading Day on
Initial Reference Valuation Date means 28 February 2006.
Initial Reference Valuation Date means 26 March 2010 or, if such day is not a Trading Day, the next following Trading Day unless, in the opinion of the Calculation Agent, a Market Disruption Event has occurred on such day. If there is a Market Disruption Event on such day, then the Initial Reference Valuation Date shall be the first succeeding Trading Day on which there is no Market Disruption Event. If the first succeeding Trading Day on which there is no Market Disruption Event has not occurred by the eighth Trading Day immediately following the original date which, but for the occurrence of a Market Disruption Event, would have been the Initial Reference Valuation Date, then (A) that eighth Trading Day shall be
Initial Reference Valuation Date means the [[⚫] [Trading Day] [calendar day] of each [month][calendar quarter][calendar year] from and including [⚫] up to and including [⚫]] [[⚫]
Initial Reference Valuation Date means 4 December 2007.