Premium Determination definition
Premium Determination. Beginning on the Trade Date, Citibank or an affiliate of Citibank shall effect, for the account of Citibank, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by Citibank with respect to this Transaction, as well as the amount of the Premium payable by the Counterparty to Citibank with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”), and shall within one Currency Business Day from the last day of the Hedging Period notify the Counterparty of the amount of the Premium. Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Procedures for Exercise: Exercise Period(s): Notwithstanding anything to the contrary in the Equity Definitions, an Exercise Period shall occur with respect to an Option hereunder only if such Option is an Exercisable Option (as defined below) and the Exercise Period shall be, in respect of any Exercisable Option, the period commencing on, and including, the relevant Conversion Date and ending on, and including, the Scheduled Valid Day immediately preceding the first day of the relevant Settlement Averaging Period in respect of such Conversion Date; provided that in respect of Exercisable Options relating to Convertible Notes for which the relevant Conversion Date occurs on or after June 1, 2014, the final day of the Exercise Period shall be the Scheduled Valid Day immediately preceding the Expiration Date.
Premium Determination. Beginning on the Trade Date, JPMorgan or an affiliate of JPMorgan shall effect, for the account of JPMorgan, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by JPMorgan with respect to this Transaction, as well as the amount of the Premium payable by the Counterparty to JPMorgan with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”) and shall within one Currency Business Day from the last day of the Hedging Period notify the Counterparty of the amount of the Premium. Exchange: NASDAQ National Market Related Exchange(s): The principal exchange(s) for options contracts or futures contracts, if any, with respect to the Shares Exercise and Valuation:
Premium Determination. Beginning on the Trade Date, MSIL or an affiliate of MSIL shall effect, for the account of MSIL, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by MSIL with respect to this Transaction, as well as the amount of the Premium payable by the Counterparty to MSIL with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”) and shall within one Currency Business Day from the last day of the Hedging Period notify the Counterparty of the amount of the Premium. Exchange: NASDAQ National Market Related Exchange(s): The principal exchange(s) for options contracts or futures contracts, if any, with respect to the Shares
Examples of Premium Determination in a sentence
Premium Determination - Refer to Inland Marine Personal Property Rates for available limits, annual premiums and optional deductibles.
More Definitions of Premium Determination
Premium Determination. Beginning on the Trade Date, Citibank or an affiliate of Citibank shall effect, for the account of Citibank, transactions in the Shares to establish its initial hedge of the price and market risk undertaken by Citibank with respect to this Transaction, as well as the amount of the Premium payable by Citibank to Company with respect to this Transaction (the dates on which such transactions are effected being collectively referred to as the “Hedging Period”) and shall within one Currency Business Day from the last day of the Hedging Period notify Company of the amount of the Premium. Exchange: The New York Stock Exchange Related Exchange(s): All Exchanges Procedures for Exercise: Expiration Time: The Valuation Time Expiration Date(s): Each Scheduled Trading Day during the period from and including the First Expiration Date and to and including the 49th Scheduled Trading Day following the First Expiration Date shall be an “Expiration Date” for a number of Warrants equal to the Daily Number of Warrants on such date; provided that, notwithstanding anything to the contrary in the Equity Definitions, if any such date is a Disrupted Day, the Calculation Agent shall make adjustments, if applicable, to the Daily Number of Warrants or shall reduce such Daily Number of Warrants to zero for which such day shall be an Expiration Date and shall designate a Scheduled Trading Day or a number of Scheduled Trading Days as the Expiration Date(s) for the remaining Daily Number of Warrants or a portion thereof for the originally scheduled Expiration Date; and provided further that if such Expiration Date has not occurred pursuant to this clause as of the eighth Scheduled Trading Day following the last scheduled Expiration Date under this Transaction, the Calculation Agent shall have the right to declare such Scheduled Trading Day to be the final Expiration Date and the Calculation Agent shall determine its good faith estimate of the fair market value for the Shares as of the Valuation Time on that eighth Scheduled Trading Day or on any subsequent Scheduled Trading Day, as the Calculation Agent shall determine using commercially reasonable means. First Expiration Date: October 15, 2014 (or if such day is not a Scheduled Trading Day, the next following Scheduled Trading Day), subject to Market Disruption Event below.