Maturity Price definition

Maturity Price means, except as otherwise provided in the Indenture, the average Closing Price per share of CIBER Common Stock on the 20 Trading Days immediately prior to, but not including, the second Trading Day preceding the Maturity Date. The term "Closing Price" means, with respect to any security on any date of determination, the closing sale price (or, if no closing price is reported, the last reported sale price) of such security on the NYSE on such date or, if such security is not listed for trading on the NYSE on any such date, as reported in the composite transactions for the principal United States securities exchange on which such security is so listed, or if such security is not so listed on a United States national or regional securities exchange, as reported by the National Association of Securities Dealers, Inc. Automated Quotation System, or, if such security is not so reported, the last quoted bid price for such security in the over-the-counter market as reported by the National Quotation Bureau or similar organization, or, if such bid price is not available, the market value of such security on such date as determined by a nationally recognized independent investment banking firm retained for this purpose by the Company. The term "Trading Day" means, with respect to any security, the Closing Price of which is being determined, a day on which such security (i) is not suspended from trading on any national or regional securities exchange or association or over-the-counter market at the close of business and (ii) has traded at least once on the national or regional securities exchange or association or over-the-counter market that is the primary market for the trading of such security. The term "Business Day" means any day that is not a Saturday, a Sunday or a day on which the NYSE or banking institutions or trust companies in The City of New York are authorized or obligated by law or executive order to close. Interest on the STRYPES evidenced hereby will be payable, and delivery of the Maturity Consideration in payment of the STRYPES evidenced hereby on the Maturity Date will be made, upon surrender of this STRYPES Certificate, at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, and payment of interest on the STRYPES evidenced by this STRYPES Certificate (and, if the Company elects to deliver cash in lieu of the CIBER Common Stock on the Maturity Date, the amount of cash payable on the Ma...

Maturity Price means, subject to adjustment as provided for in Section 303(a)(v) of Article Three, the average Closing Price per share of CIBER Common Stock on the 20 Trading Days immediately prior to, but not including, the second Trading Day preceding the Maturity Date.

Maturity Price means the average of the Closing Prices per share of the Common Stock on the 20 Trading Days beginning 30 Exchange Business Days immediately prior to the Maturity Date; provided that if there are not 20 Trading Days during the period beginning 30 Exchange Business Days immediately prior to the Maturity Date and ending on the Exchange Business Day immediately prior to the Maturity Date, the Maturity Price shall be 1/20th of the sum of (i) the Closing Prices per share of the Common Stock on each of the Trading Days during such period and (ii) the product of (x) the market value of the Common Stock as of the Maturity Date as determined by the Calculation Agent and (y) the difference between 20 and the number of Trading Days during such period.

Examples of Maturity Price in a sentence

• To that end, the Sub-Fund will enter into swap agreements with one or more counterparties whereby the Sub-Fund will pay to the swap counterparty the total return or the cash flows of the Investment Strategy Portfolio (the “First Leg”) and in return the Sub-Fund will receive from the swap counterparty the return on the Maturity Date necessary to achieve the Maturity Price as defined below (the “Second Leg”).

• The Maturity Price due on the Maturity Date is available only at the Maturity Date and thereafter the amount of the payout shall, until redemption of the corresponding units, remain invested in the Sub-Fund in accordance with the investment strategy applicable to the Sub-Fund following the Maturity Date and the value of the investment following the Maturity Date will move in accordance with such strategy.

• The ability to provide investors with such Maturity Price is dependent upon a number of parameters, including market movements between the determination of the Maturity Price upon the structuring of the Sub-Fund and the Sub-Fund’s launch date.

• The Sub-Fund aims at providing investors with the Maturity Price upon the Maturity Date.

• To that end, the Sub-Fund will enter into swap agreements with one or more counterparties whereby the Sub-Fund will pay to the swap counterparty the total return or the cash flows of the Investment Strategy Portfolio (the “First Leg”) and in return the Sub-Fund will receive from the swap counterparty the return necessary to achieve the Maturity Price and any Coupon as defined below (the “Second Leg”).

More Definitions of Maturity Price

Maturity Price has the meaning specified in Section 13.1.

Maturity Price means the average Closing Price per share of Learning Common Stock on the 20 Trading Days immediately prior to (but not including) the date of Maturity; provided, however, that if there are not 20 Trading Days for the Learning Common Stock occurring later than the 60th calendar day immediately prior to, but not including, the date of Maturity, Maturity Price means the market value per share of Learning Common Stock as of Maturity as determined by a nationally recognized investment banking firm retained for such purpose by the Company.

Maturity Price means the average closing price of CLNE Stock, as reported on the NASDAQ Stock Market, for the three trading days prior to the Maturity Date.

Maturity Price means the average of the Closing Prices per share of the Common Stock on the 20 Trading Days beginning 30 Exchange Business Days immediately prior to the Maturity Date, provided that if there are not 20 Trading Days during the period beginning 30 Exchange Business Days immediately prior to the Maturity Date and ending on the Exchange Business Day immediately prior to the Maturity Date, the Maturity Price shall be the market value of the Common Stock during such period as determined by the Calculation Agent in its discretion in a commercially reasonable manner.

Maturity Price means the average Closing Price per share of Devon Common Stock on the 20 Trading Days immediately prior to (but not including) the date of Maturity; provided, however, that if there are not 20 Trading Days for the Devon Common Stock occurring later than the 60th calendar day immediately prior to, but not including, the date of Maturity, Maturity Price means the market value per share of Devon Common Stock as of Maturity as determined by a nationally recognized independent investment banking firm retained for such purpose by the Company.

Maturity Price of any Debt Security means the principal amount thereof and accrued and unpaid interest, if any, to the Maturity Date.

Maturity Price is defined as the average Closing Price per Exchange Issuer Security on the number of Trading Days specified in the applicable Prospectus Supplement