Examples of Initial Share in a sentence
The physical delivery amount will be the number of reference shares per $1,000 principal amount of Securities equal to $1,000 divided by the Initial Share Price.
As of the Trade Date, the Prepayment Date, the Initial Share Delivery Date and the Settlement Date for each Transaction, Counterparty is not “insolvent” (as such term is defined under Section 101(32) of the U.S. Bankruptcy Code (Title 11 of the United States Code) (the “ Bankruptcy Code”)) and Counterparty would be able to purchase a number of Shares with a value equal to the Prepayment Amount in compliance with the laws of the jurisdiction of Counterparty’s incorporation.
Thus, having adjusted the Initial Share Price for such Reference Share or any other variables (or any combination thereof) for the first event, the Calculation Agent will adjust the appropriate variables for the second event, applying the required adjustment(s) cumulatively.
On the Initial Share Delivery Date, Dealer shall deliver to Counterparty the Initial Shares.
USD Initial Share Delivery: For each Transaction, Dealer shall deliver a number of Shares equal to the Initial Shares for such Transaction to Counterparty on the Initial Share Delivery Date for such Transaction in accordance with Section 9.4 of the Equity Definitions, with such Initial Share Delivery Date deemed to be a “Settlement Date” for purposes of such Section 9.4. Initial Share Delivery Date: For each Transaction, as set forth in the related Supplemental Confirmation.
Initial Share Delivery Date: The first Exchange Business Day following the Trade Date.
On the Initial Share Delivery Date, BofA shall deliver to Counterparty the Initial Shares.
If the Initial Share Price would result in a higher total number of Share Rights, the number of Share Rights allotted to the Participants shall be adjusted downwards on a pro rata basis.
On the Initial Issue Date, the Number of Reserved Shares is not less than the Initial Share Reserve Requirement.
Counterparty acknowledges and agrees that the Initial Shares delivered on the Initial Share Delivery Date may be sold short to Counterparty.