Examples of Initial Stock Price in a sentence
If the conditions described in (a) and (b) both occur, for each Note, instead of a cash payment, the Redemption Amount shall be a number of shares of the Underlying Stock equal to the following: ( $1,000 ) x Share Multiplier, Initial Stock Price plus any accrued but unpaid interest in cash.
The Initial Stock Price will not be adjusted, however, unless such Ex-Dividend Date occurs after the Pricing Date and on or before the Valuation Date on which the Valuation Stock Price will be determined.
If more than one such event occurs, the Calculation Agent shall adjust the Initial Stock Price or the number of shares per Basket Stock or both as so provided for each such event, sequentially, in the order in which such events occur, and on a cumulative basis.
D Shares may be converted into A Shares during a period of thirty (30) days from (i) the fourth anniversary of the Allocation Date, or (ii) the date falling four years and three months after the Allocation Date (the “ Conversion Periods”), in accordance with a ratio (the “Conversion Ratio”) determined on the basis of the difference as a percentage between the Initial Stock Price and the Final Stock Price.
In such event, such Eligible Policyholders receive additional consideration equal to the product of (x) and (y), where (x) equals the excess of (i) the ratio of the average trading price to the Initial Stock Price over (ii) 1.1, and (y) equals the amount of their calculated consideration (i.e., the sum of the Basic Fixed Component, any Basic Variable Component, and any Additional Components) on such Eligible Policies.